Stoned Immaculate

Stoned Immaculate

Premium vintage-inspired women’s clothing

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Security Type
Preferred Stock
Categories
Other
Min Investment
$1,000
Offering Date
October 04, 2018
Expected Close Date
January 02, 2019
Target Raise
$250.00K-$1.00M
Deal Notes

Round type: Seed Round size: US $1,000,000 Minimum investment: US $1,000 Target Minimum: US $250,000 Security Type: Preferred Equity Share price: US $4.0000 Pre-money valuation: US $4,000,000 Is participating?: False Liquidation preference: 1.0x Closing conditions: While Stoned Immaculate has set an overall target minimum of US $250,000 for the round, Stoned Immaculate must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to Stoned Immaculate's Form C. Transfer restrictions: Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available. Raised to date: US $14,300 US $14,300 (under Reg CF only)

Company Description

Premium vintage-inspired women’s clothingSince 2016, Stoned Immaculate has worked to establish itself as not just a clothing line, but a movement. We believe that fashion is a language that lets you know who a woman is. Our CustomerOur woman is strong, motivated, and conscious of the world around her. The women’s liberation movement of the 1970’s was a turning point not only politically, but stylistically. For the first time, women were able to wear the clothes that didn’t present them as mere objects, but as empowered people with a point of view. Stoned Immaculate sees the similarities between the emerging woman of the 70’s and today’s woman. Stoned Immaculate joins with its woman to keep the revolution going.Our ProductsOur line continues to expand. At present, sweaters, denim, outerwear, lingerie, silks, and ringer T’s outfit our woman. Accessories including sunglasses and purses add that final touch of vintage/contemporary chic to our collection. Most of our line is made in Los Angeles. We are a hands on family run company with an emphasis on sustainability and quality, that is the touchstone of our brand.Our SuccessAlways looking towards the designs of the future, Stoned Immaculate, has secured the licensing of David Bowie. We look forward to showing you the ch-ch-changes that will truly blow your mind. Our customer base is growing. Our repeat customer base is strong. Our average order has grown by more than 10% from 2017 to 2018. Stoned Immaculate may be a newer company, but our leadership team has been in the fashion world for decades.

Perks

Investors that invest $10,000  will be a part of the Morrison Collective. They will receive an owner’s discount of 50% off all future purchases.
Investors that invest $5,000  will be part of the Hendrix Collective. They will receive an owner’s discount of 30% off all future purchases.
Investors that invest $1,000  will be part of the Bowie Collective. They will receive an owner’s discount of 10% off all future purchases.
The first 50 investors that invest $5,000 to $10,000 will receive a limited edition Stoned Immaculate Family bomber jacket.
 Limited Edition Stoned Immaculate T-shirt
VIP customer service
First look at new styles
Free passes to all VIP events  

Key Deal Facts

Profitable in 2017 with $449K in Net Sales.
Signed license agreements with Perryscope Productions,LLC/Epic Rights, inc(for David Bowie) and Authentic Hendrix LLC & Experience Hendrix LLC (For Jimi Hendrix).
Sold online on Revolve and Free People. Signed Concession Agreement with TopShop to sell in New York, Los Angeles, and London.
Seen on Selena Gomez, Emma Roberts, Vanessa Hudgens, Olivia Wilde, and Chanel Iman. (Note: they are not contracted individuals/partners.) Over 206,000 Instagram followers.
Media mentions include Vogue, Nylon, Los Angeles Times, and New York Times.

Use of Proceeds

The use of proceeds for expenses related to the Combined Offering is as follows:

  • If the Company raises the Target Amount, it will use 44.50% of the proceeds, or $11,125, towards offeringexpenses;
  • If the Company raises the Closing Amount, it will use 11.20% of the proceeds, or $28,000, towardsoffering expenses; and
  • If the Company raises the Maximum Amount, it will use 8.43% of the proceeds, or $84,250, towardsoffering expenses

Management Team / Advisory Board Bios

Alan Johnson
CEO
Alan has over 35 years of experience in the garment manufacturing business. He is well versed in both domestic and international production. Having co-founded and run a junior dress house that specialized in prom and other special occasion dresses. Alan’s expertise covers all aspects of apparel production, distribution, e-commerce, finance, and marketing.*Alan is currently a board member and a full-time employee, but does not have an official employment agreement signed with the Company. 

Elliot Hans
Creative Director & Design
Elliot has been a designer and creative director since 2000 in the apparel business. He is a proven self-starter who has owned and operated a mosaic of commercially and critically acclaimed ventures like Morphine Generation, Literature Noir, and Shwings, Elliot brings a deep passion and attention to detail in his work.View Elliot's portfolio here: https://elliot-hans.format.com/*Elliot is currently a board member and a full-time employee, but does not have an official employment agreement signed with the Company. 

Deal Notes

Round type: Seed Round size: US $1,000,000 Minimum investment: US $1,000 Target Minimum: US $250,000 Security Type: Preferred Equity Share price: US $4.0000 Pre-money valuation: US $4,000,000 Is participating?: False Liquidation preference: 1.0x Closing conditions: While Stoned Immaculate has set an overall target minimum of US $250,000 for the round, Stoned Immaculate must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to Stoned Immaculate's Form C. Transfer restrictions: Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available. Raised to date: US $14,300 US $14,300 (under Reg CF only)

Amount Raised : $53,800
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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