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GET A PIECE OF GALEXA
Commercial & Residential Advanced Building Systems
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TEAM
Bill Ludwig • Vice President Sales, Director
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Chuck Ardezzone • Chief Executive Officer, Director
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Eric R. Smithers • Vice President Corporate Affairs, Director
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Overview
The Future of Building Technology
Founder and CEO Chuck Ardezzone, a serial entrepreneur, started developing Galexa 3 ½ years ago after running a successful film and documentary production company (Source). Chuck is looking to get back into the real estate market and build affordable housing in Collier County, Florida.
After learning about how the cheapest housing is made with wood, which rots, molds, and burns - he decided to look into alternative building systems.
After years of research and development, we believe Galexa created one of the first and only total composite building system.
*Images are of demo versions. Product is still currently under development.
The next step questioned whether the marketplace would accept the new improved product? The answer was a resounding YES. To date Galexa has over 200 units on order with no marketing.
Galexa homes are currently under development and are in the production stage.
THE PROBLEM
Affordable Housing Materials Are Lacking
Traditional building materials (wood, concrete, and steel) all fail over time and are no match for Mother Nature.
All of them have drawbacks in strength, weight or longevity. We believe Galexa’s 100% composite materials are far superior to wood which rots, molds, and burns, steel which is super heavy & rusts, and concrete, cracks.
In addition most most materials used in today’s building industry take considerable time and labor to construct On Site. Since Galexa pre-engineers their wall, floor, and roof systems in the factory, we expect they save time and $ and make the process in the field much faster. A typical 1800 SF home can be erected in only a few days.
Reasons to Invest
- To date, Galexa has over $11 million in their pipeline consisting of over 200 units to be built.
- Galexa is proudly disrupting the $1.7 trillion construct industry (Source).
- We reduce on site labor costs by over 30%. In addition, our materials exceed even the toughest standards for strength and durability.
- All Galexa structures are 250 MPH hurricane rated, rust proof, rot proof, termite proof, Class A fire rated and bulletproof, literally!
The Market
Disrupting the Construction Industry
Galexa is proudly disrupting the $1.7 trillion dollar construction business (Source) by building with safer stronger and more energy efficient materials.
- Wood, which rots, burns, and attracts termites
- Steel, which is heavy and rusts
- Block, which cracks and breaks
In particular, the exterior insulation and finish system (EIFS) market is projected to reach $108.11 billion by 2023, through a CAGR of 12.24% (Source). We estimate that in a short time frame through targeted marketing, Galexa can secure between three to eleven percent (3-11%) of the $108 billion EIFS market, generating over $3.2 billion in dealer sales.
The Solution
Galexa Make Strong, Safe, Energy-Efficient Buildings
Galexa wall systems are constructed in our factory controlled environment and delivered on site to be installed within days instead of weeks.
Because our materials are up to 80% lighter than steel and can be cut with standard field equipment - we project installation labor is greatly reduced while worker safety is increased.
This is because of our 100% composite materials. They are stronger, safer and more energy efficient than traditional materials such as concrete and wood.
*Images are computer generated demo versions. Product is still currently under development.
With our wall system, we don't believe there will be a need for rebar repair and reinforcement after years of corrosion. This can save hundreds of thousands of dollars during the building’s useful life.
The construction industry has historically been subject to heavy labor costs and long construction time frames for on site work. Galexa wall systems will be made in our factory to the specification of the client and delivered on site ready to be installed. We estimate reducing the on-site labor costs by over 30%. In addition, our materials exceed even the toughest standards for strength and durability such as the various Florida hurricane ratings. All Galexa structures are rated 250 MPH hurricane rated and are one of the only 100% composite building systems in the Florida Building code.
Why Invest
We Believe We Have Some of the Safest Homes Available on the Market
In addition to our Florida factory, Galexa expects to have a factory to serve the Western United States and likely in Puerto Rico due to the large rebuilding effort needed in that country.
*Images are computer generated demo versions. Product is still currently under development
Current Prototypes Manufactured by Galexa
Aurora Single Family image are computer generated demo versions. Product is still currently under development
Orders to be fulfilled in 2021 and 2022:
- 128 Units in Immokalee Fl
- 54 Units in Merritt Island, Fl
- 6 structures in Gasparilla Island, FL
- 3 structures in the Bahammas
- 70 structures in Ft Myers, FL
- 3 structures on Marco Island, FL
ABOUT
HEADQUARTERS
900 6th Ave South #203
Naples , FL 34102
WEBSITE
View Site
TERMS
Galexa
Overview
PRICE PER SHARE
$3.35
DEADLINE
Apr. 8, 2022 at 6:59 AM UTC
VALUATION
$33.5M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$335
MAX INVESTMENT
$106,999
MIN NUMBER OF SHARES OFFERED
2,985
MAX NUMBER OF SHARES OFFERED
319,402
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Early Bird
Friends and Family Early Birds
Invest within the first 24 hours and receive additional 15% Bonus Shares.
Super Early Bird Bonus
Invest within the first week and recieve additional 10% Bonus Shares.
Early Bird Bonus
Invest within the first two weeks and recieve an additional 5% Bonus Shares.
Tier 1: $5,000+
- Invest $5,000+ and receive 2% bonus shares on your investment
Tier 2: $10,000+
- Invest $10,000+ and receive 3% bonus shares on your investment
Tier 3: $25,000+
- Invest $25,000+ and recieve an invoice credit equal to 12% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
Tier 4: $50,000+
- Invest $50,000+ and recieve an invoice credit equal to 15% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Galexahomes, Inc., 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 Common Stock at $3.35 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $335.00. 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 only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
ALL UPDATES
REWARDS
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$5,000
Tier 1: $5,000+
Invest $5,000+ and receive 2% bonus shares on your investment
$10,000
Tier 2: $10,000
Invest $10,000+ and receive 3% bonus shares on your investment
$25,000
Tier 3: $25,000+
Invest $25,000+ and recieve an invoice credit equal to 12% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
$50,000
Tier 4: $50,000+
Invest $50,000+ and recieve an invoice credit equal to 15% of your investment against a Galexa wall system. The credit is not to exceed 5% of the invoice total
JOIN THE DISCUSSION
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Felix Ortiz
3 years ago
Buenos días, veo interesante el proyecto, piensan expandirse al caribe, y muy específicamente a República Dominicana.??
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GEORGES LANDRY FOKOUA NOUBOSSIE
3 years ago
Hi. Thanks for the presentation. I was able to get an ideal of the company and the direction it is looking to go towards. As a relatively new investor with a low budget and minimum knowledge other than what’s been presented, how could it be beneficial for me to come on board and for us long-term? Thanks,GN
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ken Sanden
3 years ago
No wonder you have so few investors. I can't figure out where to invest on your page.
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Michael Joyce
3 years ago
When will it be available in Minnesota?
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David Schwartzberg
3 years ago
What effect and plan is there with the raise seeming to be totaling less than 10% of the max offering? I like the product and idea but am concerned that Galexa’s success maybe compromised due to lack of enough funds. Please address. Thank you.
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Cameron Figgins
3 years ago
Thank you very much I will reach out to you soon also my brother lives in your area I wanted him to come and see your factory
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Caleb Naysmith
3 years ago
I do like this as traditional building costs are skyrocketing, but becoming lower quality, slower than pre-fab means, etc. I can also see a massive need in coastal regions for better building materials to withstand hurricanes, or bulletproof housing in military (instead of just concrete), The information you provided about the finances was great and you answered that. I see here that I am investing in Galexa Homes Inc, Does Galexa Homes Inc own Galexa Inc? Or have any ownership interest in Galexa Inc? If so, why are they separate entities? Or is Galexa Inc basically Defunct now and not really operating? Does Galexa Inc benefit at all if, say, Galexa Homes becomes a billion-dollar corp, or do they own any Galexa Homes assets, IP, etc? Just trying to nail down what I am investing in, etc
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Cameron Figgins
3 years ago
Yes please call me next Monday or Tuesday you have my phone number already
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Caleb Naysmith
3 years ago
How much revenue does the 4 homes ordered represent? If you can't answer that question, on average, how much does 1 order represent for revenue/profit? Whats the difference between Galexa Inc and Galexa homes Inc?
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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FAQS
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Yaakov Hersh
3 years ago
Instead of giving back the monies how about offering investors the option to keep the money in at the lower valuation. I would be fine with that. When do u plan on a re raise at the 7m valuation and will it be on start engine? Thank you
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