Swingman Thoroughbred

Swingman Thoroughbred

Join the thrill of thoroughbred ownership

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Security Type
Common Stock
Categories
Sports & Fitness
Min Investment
$200
Location
New York, NY
Offering Date
September 23, 2020
Expected Close Date
January 22, 2021
Target Raise
$50.00K-$325.00K
Deal Notes

Price per Share: $100

Company Description

Swingman Thoroughbred Corp’s goal is to bring the thrill of thoroughbred to the everyday person. We're an early stage company that will acquire an ownership interest in Swingman (the “Horse”), a two-year old colt out of Eternal Grace by Tonalist. The Company will manage the ownership of the Horse, and make decisions on the choice of trainer, races, breeding opportunities, potential stud services and eventual sale of the horse. The Company is operated by K&G Stables LLC (“K&G”). We would like the company to bring new owners into the sport. Our farm has produced Max Player, who recently finished third place in the Belmont Stakes and the Travers Stakes, and has helped our farm gain significant traction in the racing industry. We want fans and investors to enjoy the entirety of Swingman’s career, from his first race to his career as a stallion.Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Key Deal Facts

Swingman has strong pedigree on both sides of his family.
Swingman is a two year old today.  Investors have an opportunity to invest in a young racehorse as he embarks on his racing career and experience the highs and lows of thoroughbred ownership.
Owners of 5% of Swingman Thoroughbred Corp. will have a right to first offer on a sale of Swingman in the future.
Investors will have access to unique content on the Sportblx.com website.

Use of Proceeds

$50,000 

  • 20% will go to set aside for working capital.
  • 7.5% will pay Wefunder intermediary fees.
  • 72.5% will be used to purchase interests in Swingman.  At the minimum raise, approximately 14.5% of Swingman will be purchased. 

$325,000

  • 20% will go to set aside for working capital.
  • 7.5% will pay Wefunder intermediary fees.
  • 72.5% will be used to purchase interests in Swingman.  At the maximum raise, 100% of Swingman will be purchased. 

Management Team / Advisory Board Bios

George Hall
President and CEO
Founder of Sport-BLX Inc. Founder and CEO Clinton Group Inc.

Deal Notes

Price per Share: $100

Amount Raised : $29,600
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Security Description

Common stock is a security that represents ownership in a corporation.

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