![]() ![]() Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment Regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLCĬollectively as “Republic”, solely for explanatory purposes. Located at 1345 Avenue of the Americas, 15th Floor, New York, NY 10105, please check ourĬertain pages discussing the mechanics and providing educational materials regarding and OpenDeal Portal LLC, and a registered broker-dealer, and member OpenDeal Portal LLC is located at 149 E 23rd St #2001, New York, NY 10010, pleaseĪll broker-dealer related securities activity is conducted by OpenDeal Broker LLC, anĪffiliate of OpenDeal Inc. The intermediary facilitating the offering will be identified in suchĪll funding-portal activities are conducted by OpenDeal Portal LLC doing business as Republic,Ī funding portal which is registered with the US Securities and Exchange Commission (SEC) as aįunding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). All securities listed here are being offeredīy, and all information included on this Site is the responsibility of, the applicable issuer Recommendations with respect to any securities. does not give investment advice, endorsement, analysis or This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registeredīroker-dealer. For more information, see the Crowd SAFE for this offering. The equity consideration varies depending on whether the Liquidity Event occurs before or after an equity financing. You are required to make your selection (and complete any relevant documentation) within 30 days of such receiving notice from the Company of the conversion trigger, otherwise you will receive the cash payment option, which will be subject to relevant escheatment laws. M&A or an IPO), then you will be required to select between receiving a cash payment (equal to your investment amount or a lesser amount) or equity. If the conversion of the Crowd SAFE is triggered as a result of a Liquidity Event (e.g. Unclaimed cash will be subject to relevant escheatment laws. If you do not complete the required documentation with that time frame, you will only be able to receive an amount of cash equal to (or less in some circumstances) your investment amount. The Company will notify you of the conversion trigger, and you must complete necessary documentation within 30 days of such notice. In that case, you must open a custodial account with the custodian and sign subscription documentation to receive the equity securities. Suppose the Company converts the Crowd SAFE as a result of an equity financing. What must I do to receive my equity or cash in the event of the conversion of my Crowd SAFE?
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