27v, Inc., a Delaware corporation is a pre-revenue startup company seeking capital to fund the development of a restaurant review platform that will utilize established blockchain technology to solve what we believe are certain core problems with the existing restaurant review model.
We are proposing to offer up to 19,800,000 shares of our Series 1 Redeemable Preferred Stock, par value $0.0001 per share. The Shares will be issued in uncertificated form and are subject to certain redemption and liquidation features as further described in our offering memorandum, which will be delivered to interested and eligible investors.
(IF RESIDENT IN U.S., U.K., CANADA AND AUSTRALIA, ACCREDITED INVESTORS ONLY)
Subject to any changes we may make, the offering is expected to proceed as follows:
We will begin accepting information and documents to verify status to participate in the offering and subscription documents and subscription offers from interested investors. Once submitted, subscription offers are irrevocable and may be accepted or rejected in our sole discretion.
By this time, all subscription offers must be received.
We will identify up to the highest 1,950 subscription offers and notify the applicable investors. We will also not accept offers from more than 450 investors who are not “accredited investors,” as defined in Rule 501(a) of Regulation-D
By this time, investors whose subscription offers are accepted must transfer the aggregate Purchase Price for the Shares.
The Shares will be issued by entry in the stock ledger for the Shares, which will be maintained by, or on behalf of, 27v. We currently intend to send a notice to all investors after the Closing Date identifying the total number of Shares sold.
THE SECURITIES DESCRIBED ON THIS WEBSITE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) IN RELIANCE UPON THE EXEMPTIONS THEREFROM PROVIDED BY SECTION 4(a)(2) OF THE SECURITIES ACT, AND EACH OF (A) RULE 506 OF REGULATION D AND (B) REGULATION S PROMULGATED THEREUNDER. FURTHERMORE, SUCH SECURITIES HAVE NOT BEEN REGISTERED UNDER ANY STATE OR FOREIGN SECURITIES LAW IN RELIANCE UPON EXEMPTIVE PROVISIONS THEREOF. THE SECURITIES WILL ONLY BE OFFERED IN, AND MAY ONLY BE SUBSCRIBED FOR BY, RESIDENTS OF SUCH STATES AND FOREIGN JURISDICTIONS THAT PERMIT THE OFFER OR PURCHASE OF SUCH SECURITIES UNDER APPLICABLE SECURITIES LAWS. THE SECURITIES WILL NOT BE OFFERED IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.