does this gurantee the investor a future stock in Nectar?

Hey Marc! When you invest in this round it is via a SAFE (Simple Agreement for Future Equity) note. A SAFE note provides an investor the right to receive equity of the company on certain triggering events, typically when there is an equity financing event (e.g., the company raises more money by selling shares), a liquidity event (e.g., the company is acquired), or an IPO (initial public offering). The SAFE agreement has all the details on the conditions for conversion. I recommend checking ou...

How will we be able to track our shares growth and sell our shares.

Hey Daniel! I'm splitting your question into 2 parts: How will we be able to track our shares growth? Once you invest in a company on Wefunder, you can track your investment over time on your Wefunder Portfolio. I recommend checking out Wefunder's frequently asked questions page where there is a "After You Invest" section that has more details on the Wefunder portfolio. Can I sell my investment? While there is no public market for your investment, you may sell your stake to another investor i...

Lets i invest 300 now can I come back and add more later to my current investment.

Yes, as long as the Community Round is still open you can increase your investment

Is this a 1 time investment? Not monthly or yearly investment?

Yes, this is a 1 time investment

how does cashing out work? say when nectar reaches the SAFE terms? what would the current valuation be as well? Is there a specific percentage of the company that is in this raise?

Hey Andy! We are not setting a valuation, just putting in a cap on the SAFE note of $33.66M for the first $500K of investment ("early bird" investors) and $40.4M for investment after the first $500K. Here is an example assuming you were part of the first $500K invested with the "early bird" $33.66M valuation cap: a year from now Nectar raises a priced round at a $50m valuation, the SAFE-noteholders would still get their shares at the $33.66M valuation, so you are protected if we continue to g...

Nectar

The Modern Asian Alcohol Company. Beyond Tradition

nectarhardseltzer.com

Los Angeles, CA

B2B Alcohol & Vice Food & Beverage B2C Minority Founder

What Investors Say

LEAD INVESTOR

Invested $5,000 this round

It’s the best seltzer I’ve drank. By far. Their content is entertaining and when the opportunity to invest and own a piece of a company that I enjoy and use came up, I jumped on it. From what I understand there is a lot of competition in the drinks industry, but they all kind of taste the same, look the same and that doesn’t speak to me. Nectar does - I have felt involved throughout their journey and I’m excited to be alongside them for the next chapters.

What People Say

Nectar

Quick facts

Team profiles

Featured investor profiles

$684,738

What Investors Say