Golfkicks

Transform sneakers into golf shoes

Security Type: Crowd SAFE
Categories: Retail
Min Investment: $100
Location: Denver, CO
Offering Date: April 29, 2021
Expected Close Date: September 15, 2021
Target Raise: $25.00K-$1.07M
Deal Notes: Price Per Share: $1.00

Company Description

Vision Going global and multisport by the end of 2021. Kicks Industries has several exciting brand and distribution partnerships launching in 2021. We are expanding globally to Amazon Europe and Japan and opening distribution overseas. We have also partnered with Pride Sports (Champ, Softspikes), growing manufacturing capacity 10X to meet demand in new markets. In addition to the newest Version 5 golf spikes (Spring 21) get ready for Yardkicks baseball/softball traction launching this Summer and other brands to follow.

Perks

Invest $200 Receive $200 Crowd SAFE, Golfkicks Traction Kit - credit code for the website, Limited (193 left of 200)
Invest $5,000, Receive $5,000 Crowd SAFE, 10 Golfkicks Traction Kits - credit code for the website, 1:1 Zoom call with CEO of Kicks Industries, Quarterly investor email updates
Invest $50,000, Receive 50,000 Crowd SAFE, 10 Golfkicks Traction Kits - credit code for the website, 1:1 Zoom call with CEO of Kicks Industries, Quarterly investor email updates, Round of golf with the 3 Golfkicks cofounders at Fossil Trace

Key Deal Facts

Addable spikes turn sneakers into golf shoes
Global golf shoe market worth $8.5B by 2022
Amazon bestseller—4.5 star rating from 1200+ ratings
~55% gross margins, $1.09M TTM revenue
Successful Shark Tank appearance, deal with Mark Cuban
Expanding beyond golf (baseball, football, lacrosse, run/hike)

Management Team / Advisory Board Bios

Tyler Stuart, Cofounder/CEO

John Krosky, Cofounder/COO

Matt Mockus, Cofounder/ Experience

Deal Notes

Price Per Share: $1.00

Amount Raised : $131,363

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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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