Dear T1D Community,

We kicked off our community crowdfunding campaign on May 16, the very first day investing for everyone became possible. Initially, we were planning on launching our campaign in July at the Children with Diabetes Friends for Life conference with a wonderful new video about Beta Bionics. However, our great partners at Wefunder convinced us to “soft launch” on May 16 just for fun. Wefunder told us that we can always post our video in July when it is ready. Well, our soft launch became the largest crowdfunded stock offering in the United States! As we write this, just eight weeks after launching our campaign, we have exceeded the $800,000 mark, which is amazing. We also have that video ready for you, so please take a look below.

Because of the SEC crowdfunding securities regulation, we anticipate that we will be oversubscribed, meaning that we will be prohibited from selling to all of those who have expressed interest in buying shares. So, be sure to log into your Wefunder profile and tell us about yourself. If we are oversubscribed, we will select our investors based on: (1) their personal connection to the T1D community; (2) their personal reason for wanting to purchase shares; (3) their prior personal connection to the bionic pancreas project; and (4) any other compelling personal reason for wanting to be an investor. Here is an example of how to complete your profile:

Thank you again for your support!

Yours truly,

The Beta Bionics Team