Kobrelms

Kobrelms is an athletic apparel and sports electronics audio gear accessories brand for men and women. The company aims to encourage active men and women to get “fired up” about achieving their best life through fitness. Its clothing is constructed of lightweight, breathable, moisture-wicking materials that are flexible and stylish. The company was born from the founder’s own struggles to find apparel that was lightweight and stretchy enough to hold up during high-impact activities, with superior fabric material for warmth and longevity, and affordable enough for a college student. The founder is well past his college years now, but he believes the lack of quality, affordable options for athletic wear and gear still persists across many areas of performance clothing.

Social media followers have grown by 439% from April to July 2020 across Instagram, Facebook, and YouTube
Uses innovative materials engineered to prolong the charge life and sound quality of its wireless audio accessories
Holds two registered trademarks, operating under Class 25 for clothing and Class 9 for computers and scientific devices
Has signed 13 social media influencers since its inception

• Campaign marketing (5%)
• General marketing (20%)
• Research and development (5%)
• Future wages (5%)
• General working capital (5%)
• Products inventory (60%)

Joseph Yuyi
Founder and CEO
Joseph founded Kobrelms and is its most senior executive officer. He is responsible for the company’s administrative affairs, which include the duties of financial, operational, and marketing officers. Prior to Kobrelms, Joseph was an Oil and Gas professional with more than 10 years of experience in designing, sales, marketing, and managing operations for completions, workovers, production, and field development in unconventional reservoirs. He holds an MBA from Texas A&M University, Commerce, a Master of Science from the University of Southern California, Los Angeles, and a Bachelor of Science from Brigham Young University.

Discount: 20%

In connection with equity financing of at least $1 million, the Company has the option to convert the Crowd Note into non-voting preferred stock (Conversion Shares) at a price based on the lower of (A) a 20% discount to the price per share for Preferred Stock by investors in the Qualified Equity Financing or (B) the price per share paid on a $3.5 million (or $5 million) valuation cap. Please refer to the Crowd Note for a complete description of the terms of the Crowd Note, including the conversion provisions.