Share Scoops

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Form C
View on Republic
Security Type
Crowd SAFE
Min Investment
$100
Location
MIDDLETOWN, DE
Offering Date
February 21, 2023
Expected Close Date
April 24, 2023
Target Raise
$25.00K-$1.24M
No. Investors
122
Security Price
$1
Website
sharescoops.com
Number of Employees
0
Cash
$184,906
Revenue
$0
Short Term Debt
$114,624
Cost of Goods
$0
Long Term Debt
$195,000
Net Income
$-125,217
Amount Raised : $148,673
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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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