Rasa

Hi Lopa, I'm working on a write-up on Rasa for the Angel Notes Newsletter - angelnotes.co - where I help 800+ angel investors find valuable investments on equity crowdfunding platforms with in-depth research and analysis. I just discovered Rasa and haven't yet gone through proper due diligence. However, from a first impression, this looks like a no-brainer! I headed over to your website to buy a pack of Rasa but only saw the United States as an available shipping country. I would love it if we could arrange shipment to Italy! Looking forward to knowing more and investing in Rasa. Appreciate any help you might provide! All the best, Manuel

I am from Hong Kong. If I invest 2500, Could we also work out distributorship for the Hong Kong and China market? We have connection to greater China and it will surely benefit the company and fellow investors too =)

Hi, I see $5MM is forecast revenue for your FY2021. Has it been met? FY2021 must be over by now. Cheers!

Hi Lopa, I am excited and proud to invest in Rasa. I wanted to ask if you considered RASA branded outlets, similar to Starbucks. Also what are you plans for international sales? Do you consider localized distribution outside US?

Hi Lopa, I love the product!! It is top notch. Looks like a super team, too! I have a few questions on the investment front. I appreciate your patience and assistance with the question, in advance! 1) Can you please send or post any due diligence package including financials and pro forma forecast that you may have? 2) In the Pitch Deck, you said page 38 has info about your vision for exit. However, the pitch deck ends at page 20; It appears it was revised in February. Can you please speak to your preferred path for an exit? 3) On the cap table, 5,243,065 shares of common stock are outstanding, and it appears that 99.53% of that is owned by you, Lopa. Is that correct? I'd like to understand any stock allocation to Ben LeVine (co-founder & chief herbalist), Ben Lovejoy, Lenny Chase, and Erik Sirnes. I like to see alignment of incentives, and I don't see that right now. 4) Can you share more about your diversity? The pitch Deck says you are "52% women" (not 52% women-owned), but I only see you and the men. Same for BIPOC- the Deck says 29% BIPOC but that is not apparent. Can you share more about the diversity numbers? 5) How many employees do you have right now? 5.5) What is the run rate on monthly overhead and personnel expenses? 6) Under highlights, it says "Public Benefit Corp"- Is Rasa a Certified B Corp? I don't see that certification on your website, and don't see any details, so wanted to get more info, please. 7) It seems there was an earlier valuation on this round of $15M for the first ~$1M invested; and then the pre-money valuation stepped up to $25M for the follow-on investors. Is that right? You mentioned that the increase in valuation is primarily due to the level of new investors that came on board. Has there been any other material growth, partnerships or new contracts over the last few months that has added to increased value? 8) Past Fundraises show 12 different "priced rounds." and it appears you were the primary funder for all of them? Can you share the appraisals for any or all of those priced rounds? 9) Under Use of Funds, the totals add up to $5,149,999- Please confirm if this is the cap on total $$ fundraising for this round? 10) The Form C says you are offering 37,175 share of Preferred stock in this offering, and the share price is $4.49 each. Is that still accurate? And the 37,175 shares will be issued for this fundraise out of 1,262,615 authorized preferred shares. Is that right? And given the 5,243,065 issues shares of common stock, the total outstanding shares after investment will be 5,280,240, is that right? So if we divide 37,175 shares /by 5,280,240 total shares, the investors will own 0.7% of the post-money valuation. Is that right? This does not make sense from an investment point of view, so if there is additional or updated information regarding this, please share, or correct the math for me! 11) Will the post money valuation be determined by the pre-money valuation + money raised; or is there anything else that will factor in? 12)- Many thanks for a thorough follow-up!!

Are you thinking of adding more flavors that contain less herbs and focus more on taste. This is a potentially huge market.

Hi Lopa, I wanted to quickly ask how the January and February sales went in numbers, since it is the start of your high season. Have a great weekend. Cheers

Hi Rasa Team, Congrats on the success so far. I like that you've got such strong traction. One of my readers passed along your deal to me and asked for my thoughts. I’ve written a first pass of a deal memo (muhanzhang.com/rasa) for myself and other investors. My primary question is: is this essentially a competitor to Four Sigmatic coffee? I know there's a lot of growth in the coffee alternative space (such as ZestTea and the like) and am trying to figure out what the comp is. Thanks in advance for your responses. Bests, Muhan muhanzhang.com/rasa

Hi there love the rasa story………. At first I just threw in 200 bucks but after listening to the webinar I doubled down with a grand………… that might be small for some but a lot for me ….. a student……… but u have so much to offer so I just have to join……….. as far as the kosher certification……… being an Orthodox Jew myself I would recommend using the “ou “ certification……….. that is something that is respected and trusted by all( some of the other certifications some people like and others don’t ………….. not meaning to say an opinion of who is trustworthy or not just giving over what I know and what will help drive more business ) love to be part of the rasa family…………. Btw I downloaded the webinar wanna keep it as a keepsake……….. yeh I’m still young!!!

With the $2.5K perk, is the 50% bundle discount for life or a one-time purchase? And does each tier include the perks of the ones below it as well?