Invest in Veer | StartEngine

CLOSED

Invest in Veer

More Speed. More Power. More Range.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

REASONS TO INVEST

ABOUT

HEADQUARTERS

TERMS

Veer

Overview

PRICE PER SHARE

$1.20

DEADLINE

Apr. 30, 2024 at 6:59 AM UTC

VALUATION

$15.04M

FUNDING GOAL

$10K - $617K

Breakdown

MIN INVESTMENT

$499.20

MAX INVESTMENT

$616,998

MIN NUMBER OF SHARES OFFERED

8,333

MAX NUMBER OF SHARES OFFERED

514,165

OFFERING TYPE

Equity

SHARES OFFERED

Non-Voting Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets

$283,575

$232,772

Cash & Cash Equivalents

$103,737

$76,606

Accounts Receivable

$635

Short-Term Debt

$273,573

$335,505

Long-Term Debt

$259,322

$17,641

Revenue & Sales

$522,757

$238,140

Costs of Goods Sold

$302,633

$157,001

Taxes Paid

Net Income

-$435,438

-$564,241

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.

*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives & Bonuses*

Loyalty Bonus

Because you previously invested in VEER, you are eligible for 20% bonus shares

Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive additional 20% bonus shares

Super Early Bird Bonus

Invest within the first week and receive an additional 15% bonus shares

Early Bird Bonus

Invest within the first two weeks and receive an additional 10% bonus shares

Amount-Based:

$1,000+ We Love You? Level Up - 3% bonus shares

$2,500+ Riders Leve lUp - 8% bonus shares,

$5,000+ Partners Level Up - 10% bonus shares, lifetime 30% discount on orders

$10,000+ Owners Level Up - 15% bonus shares, call or meeting with the founding team** first look at upcoming products in development, lifetime 30% discount on orders

$25,000+ Founders Level Up - 20% bonus shares, call or meeting with the founding team,** first look at upcoming products in development, free belt drive

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.

Crowdfunding investments made through a self-directed IRA cannot receive non-bonus share perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those non-bonus share perks because they would be receiving a benefit from their IRA account.

** Meetings and calls will be scheduled at mutually convenient times. Please note that travel and lodging expenses are not included in this offering. Any expenses related to travel and lodging for the meeting are the sole responsibility of the recipient.

The 10% StartEngine Owners' Bonus

Veer will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Non-Voting Common Stock at $1.20 / share, you will receive 110 shares of Non-Voting Common Stock, meaning you'll own 110 shares for $120. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and Loyalty Bonus in addition to the aforementioned bonus.

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

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FAQS

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