Caribu

Caribu’s Popularity Leads To Oversubscription

follower @ Caribu

Published on Sep 3, 2019

We're Going To Try To Get Everyone In!!

Even though we met our $1M goal, due to extremely high demand (and emails begging us to stay open) from investors who would still like to invest, we’ve decided to continue to raise up to $1.3M. With the help of WeFunder, we’ll be opening a concurrent Regulation D campaign with the same terms. Larger investments made by accredited investors* will be transferred into this new campaign making more room in our Regulation Crowdfunding campaign for additional investors. All the funds raised between the time we hit $1M, and today, will be counted. Our page still says “Almost Sold Out” and the button says “Reserve” but please know that your investment will be counted.

Don’t delay! The round will still officially close on September 15th, but adding this concurrent Reg D round will give more people the chance to join our campaign and give our current investors the chance to increase their investment before the deadline. If you have family and friends who’ve been waiting to invest, make sure they do by the deadline. On August 25th you all helped us become the first female-founded AND Latinx-founded company to raise $1M on Wefunder. Thank you to all of our investors for being a part of this achievement with us! This is amazing proof of the support of our community and the work we’re doing to help families create memories together no matter how far apart they are!

*An accredited investor is anyone who has a net worth of over $1 million and/or an annual income of over $200,000. There are some exceptions and fine text, so you can find all the information on what determines an accredited investor at the link below: https://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=8edfd12967d69c024485029d968ee737&r=SECTION&n=17y3.0.1.1.12.0.46.176​