Security Type
CAFES
Categories
Technology, Fintech & Finance
Min Investment
$200
Location
Expected Close Date
April 30, 2023
Target Raise
$500.00K-$3.00M
No. Investors
126
Security Price
$1
Number of Employees
1
Cash
$20,813
Revenue
$0
Short Term Debt
$24,980
Cost of Goods
$0
Long Term Debt
$81,000
Net Income
$141,038
Key Deal Facts
🤝 A founding team of serial entrepreneurs with multiple exits
Management Team / Advisory Board Bios
Logan Lenz Chief Executive OfficerSerial marketing and technology entrepreneur Multiple exits
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Security Description
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.
