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4URSPACE

Collaboration & Marketplace App to organize tenant space build-outs and renovations

  • $73,000Amount raised
  • $1,000Minimum
  • $5,000,000Valuation cap

Purchased securities are not listed on any exchange. A secondary market for these securities does not currently exist and may never develop. You should not purchase these securities with the expectation that one eventually will.

4URSPACE is offering securities under both Regulation D and Regulation CF through SI Securities, LLC ("SI Securities"). SI Securities is an affiliate of SeedInvest Technology, LLC, a registered broker-dealer, and member FINRA/SIPC. SI Securities will receive cash compensation equal to 7.50% of the value of the securities sold and equity compensation equal to 5.00% of the number of securities sold. Investments made under both Regulation D and Regulation CF involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Furthermore, this profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Investors should review the risks and disclosures in the offering's draft. The contents of this profile are meant to be a summary of the information found in the company’s Form C. Before making an investment decision, investors should review the company’s Form C for a complete description of its business and offering information, a copy of which may be found both here and below.


Company Highlights

  • Current users include Swarovski and the LVMH group (with brands such as Dior, Fendi, and Guerlain), where the company is in discussions to convert these users into paying, premium customers
  • 4URSPACE has 6,000+ registered national and international users and 20,000+ projects created on their platform
  • Leadership team has decades of experience in real estate and technology and has new hire for SVP Marketing and Business
  • 4URSPACE app enables collaboration with group video calling and live streaming as well as a marketplace of professionals for construction and renovation projects

Fundraise Highlights

  • Total Amount Raised: US $73,000
  • Total Round Size: US $1,000,000
  • Raise Description:  Seed
  • Minimum Investment:  US $1,000 per investor
  • Security Type:  Crowd Note  (SWIFT)
  • Offering Type:   Side by Side Offering

Tiered Valuation Cap

  • Valuation Cap:  US $4,000,000 before Dec 5, 2020
  • Valuation Cap Schedule: See Full Schedule

4URSPACE IS A SAAS PLATFORM THAT HELPS ORGANIZE THE $500 BILLION IN ANNUAL SPEND ON TENANT BUILD-OUTS + RENOVATIONS


4URSPACE is a Marketplace and Collaboration App that enables teams building out commercial spaces to communicate and collaborate across multiple projects in real time.

4URSPACE was born out of the belief that there is a fundamentally better way for clients, vendors, and professionals to collaborate when building or renovating commercial spaces, rather than the current inefficient and disorganized process.

Currently, each team exchanges approximately 100,000  messages, files, photos, and tasks that are stored across various platforms, creating a frustrating and disorganized process. Also, frequent site visits and travel creates delays and additional costs that add up quickly.

Our Marketplace solution quickly connects clients with vendors, for all of their projects, globally. This drastically reduces the time needed to find and connect with partners for each project.

4URSPACE Co-Founder & CEO, Stefano Sanchini, has spent more than 20 years in retail development and has a deep understanding of the current inefficiencies and how much this sector needs to be improved.

Our proprietary technology also allows  us to provide customized solutions for clients to ensure the best outcomes for their teams and projects

Pitch Deck

Media Mentions

The Team

Founders and Officers

20+ years in Real Estate, Project Management and Construction. Worked as Director of Store Planning for MaxMara and Prada.

Stefano Sanchini

CEO

20+ years in Real Estate, Project Management and Construction. Worked as Director of Store Planning for MaxMara and Prada.

25+ years experience as technology officer for various startups and corporations in the real estate industry like Ollie (Co-Living) and Buyside (RE Marketplace).

Ori Klein

CTO

25+ years experience as technology officer for various startups and corporations in the real estate industry like Ollie (Co-Living) and Buyside (RE Marketplace).

Key Team Members

Matteo Sessa Vitali

SVP Marketing & Business Development

Sundeep Nerlakanti

Project Manager

Sherwin Krug

CFO

Notable Advisors & Investors

Marcy Shider

Advisor, Senior Advisor

Raj Bhandari

Advisor, Senior Advisor

Term Sheet

A Side by Side offering refers to a deal that is raising capital under two offering types. If you plan on investing less than US $20,000.00, you will automatically invest under the Regulation CF offering type. If you invest more than US $20,000.00, you must be an accredited investor and invest under the Regulation D offering type.

Fundraising Description

  • Round type:
    Seed

  • Round size:
    US $1,000,000

  • Raised to date:
    US $73,000
    US $3,000 (under Reg CF only)

  • Minimum investment:
    US $1,000

  • Target Minimum:
    US $350,000
  • Key Terms

  • Security Type:
    Tiered Crowd Note  (SWIFT)

  • Conversion discount:
    20.0%

  • Valuation Cap:
    US $4,000,000 no later than Dec 4, 2020
    US $4,500,000 no later than Dec 18, 2020
    US $5,000,000 Final

  • Interest rate:
    6.0%

  • Note term:
    24 months
  • Additional Terms

  • Custody of Shares

    Investors who invest $50,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. These investors will be subject to the Custodian’s Account Agreement, including the electronic delivery of all required information.


  • Closing conditions:
    While 4URSPACE has set an overall target minimum of US $350,000 for the round, 4URSPACE must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to 4URSPACE's Form C.

  • Transfer restrictions:
    Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.

  • Use of Proceeds

    Investor Perks

    Invest $1,000 to $4,999
    1. 4URSPACE t-shirt

    Invest $5,000 to $9,999
    1. 4URSPACE t-shirt
    2. A tray of Italian lasagna prepared by Stefano

    Invest $10,000 to $19,999
    1. 4URSPACE t-shirt
    2. A tray of Italian lasagna prepared by Stefano
    3. Introduction to top General Contractors or Architects for any personal or business renovations including a free valuation of the work

    Invest $20,000 to $49,999
    1. 4URSPACE t-shirt
    2. A tray of Italian lasagna prepared by Stefano
    3. Introduction to top General Contractors or Architects for any personal or business renovations including a free valuation of the work
    4. Choose between:
    - A day of surfing with Ori
    - Your caricature or personalized cartoon, drawn by Matteo aka @fashioncartoonist, 4URSPACE's resident cartoonist
    - Beekeeping experience with Stefano including your own personalized bee suit

    Invest $50.000 to $99,999
    1. 4URSPACE t-shirt
    2. A tray of Italian lasagna prepared by Stefano
    3. Introduction to top General Contractors or Architects for any personal or business renovations including a free valuation of the work
    4. Choose between:
    - A day of surfing with Ori
    - Your caricature or personalized cartoon, drawn by Matteo aka @fashioncartoonist, 4URSPACE's resident cartoonist
    - Beekeeping experience with Stefano including your own personalized bee suit
    5. Personal shopping experience with a luxury brand currently in the 4URSPACE network
    6. Quarterly update call with members of 4URSPACE’s executive team

    Invest $100,000+

    1. 4URSPACE t-shirt
    2. A tray of Italian lasagna prepared by Stefano
    3. Introduction to top General Contractors or Architects for any personal or business renovations including a free valuation of the work
    4. Choose between:
    - A day of surfing with Ori
    - Your caricature or personalized cartoon, drawn by Matteo aka @fashioncartoonist, 4URSPACE's resident cartoonist
    - Beekeeping experience with Stefano including your own personalized bee suit
    5. Personal shopping experience with a luxury brand currently in the 4URSPACE network
    6. Dedicated quarterly update call with members of 4URSPACE’s executive team
    7. Invitation to become a 4URSPACE Advisor which will include your name on our site
    8. A personalized dinner experience prepared directly by the Executive team. Stefano, Ori, and Matteo have been renowned chefs for many years. The dinner will be an exclusive culinary experience only a few have experienced.

    9. One week in Venice, Italy, in a  sophisticated apartment boasting opulent furnishings, terrazzo floors, and vibrant pops of color throughout. https://bit.ly/3p60oOi

    It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.

    Prior Rounds

    This chart does not represent guarantees of future valuation growth and/or declines.

    Seed

  • Round Size
    US $217,000
  • Closed Date
    Dec 19, 2019
  • Security Type
    Convertible Note
  • Market Landscape

    Currently, $500 billion is spent every year on tenant build-outs and renovation between Retail, Hospitality, Hotel, and Office projects.

    1M build-outs and renovations are completed each year involving more than 2.5M vendors and professionals.

    COVID-19 has highlighted the benefits more starkly for our targeted users. Collaboration tools are even more important in the current times as there is now an even greater need for online collaboration, remote monitoring of a space buildout, and finding vendors without first meeting them in person.

    Tenant fit-outs in stores, offices, etc. are here to stay regardless of market conditions. In downturns, some downsize to newer formats, and other formats step in.

    What is defensible about our product?

    • The product is uniquely focused on tenants' build-outs and has minimal competition.
    • The App is intuitive and provides for easy adoption and implementation with no training required.
    • The App offers tailored and customized solutions.
    • The low cost falls within discretionary spend in user budgets.
    • The sheer number of users/projects listings makes it the number one go-to source for vendors and brands.
    • The combination of the Marketplace and Collaboration App makes it unique and sticky.
    • Our product has already been proven by adaption from global brands, some of the most demanding clients. 

    Our current customers are:

    • Store development personnel for brands large and small as well as Architect and Construction teams involved with the construction of retail, office, and hospitality space.
    • Architects, General Contractors, and other Vendors and Suppliers looking to maintain or expand their business.

    Risks and Disclosures

    The Company may be unable to maintain, promote, and grow its brand through marketing and communications strategies. It may prove difficult for the Company to dramatically increase the number of customers that it serves or to establish itself as a well-known brand. Additionally, the product may be in a market where customers will not have brand loyalty.

    Failure to obtain new clients or renew client contracts on favorable terms could adversely affect results of operations. The Company may face pricing pressure in obtaining and retaining their clients. Their clients may be able to seek price reductions from them when they renew a contract, when a contract is extended, or when the client’s business has significant volume changes. Their clients may also reduce services if they decide to move services in-house. On some occasions, pricing pressure results in lower revenue from a client than the Company had anticipated based on their previous agreement with that client. This reduction in revenue could result in an adverse effect on their business and results of operations.

    Further, failure to renew client contracts on favorable terms could adversely affect the Company's business. The Company's contracts with clients generally run for several years and include liquidated damage provisions that provide for early termination fees. Terms are generally renegotiated prior to the end of a contract’s term. If they are not successful in achieving a high rate of contract renewals on favorable terms, their business and results of operations could be adversely affected.

    The development and commercialization of the Company’s products and services are highly competitive. It faces competition with respect to any products and services that it may seek to develop or commercialize in the future. Its competitors include major companies worldwide. The market is an emerging industry where new competitors are entering the market frequently. Many of the Company’s competitors have significantly greater financial, technical and human resources and may have superior expertise in research and development and marketing approved services and thus may be better equipped than the Company to develop and commercialize services. These competitors also compete with the Company in recruiting and retaining qualified personnel and acquiring technologies. Smaller or early stage companies may also prove to be significant competitors, particularly through collaborative arrangements with large and established companies. Accordingly, the Company’s competitors may commercialize products more rapidly or effectively than the Company is able to, which would adversely affect its competitive position, the likelihood that its services will achieve initial market acceptance and its ability to generate meaningful additional revenues from its products and services.

    The Company’s expenses will significantly increase as they seek to execute their current business model. Although the Company estimates that it has enough runway for approximately 8 months, they will be ramping up cash burn to promote revenue growth, further develop R&D, and fund other Company operations after the raise. Doing so could require significant effort and expense or may not be feasible.

    The Company projects aggressive growth. If these assumptions are wrong and the projections regarding market penetration are too aggressive, then the financial forecast may overstate the Company's overall viability. In addition, the forward-looking statements are only predictions. The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

    The Company does not hold regular board meetings. Although the Company is not legally required to conduct regular board meetings, holding these regular meetings can play a critical role in effective management and risk oversight. Regular board meetings can help ensure that management’s actions are consistent with corporate strategy, reflective of the culture of the business, and in line with the organization’s risk tolerance. There is no guarantee that the Company will hold regular board meetings in the future.

    The Company’s Board does not keep meeting minutes from its board meetings. Though the Company is a Delaware Limited Liability Company and Delaware does not legally require its LLCs to record and retain meeting minutes, the practice of keeping board minutes is critical to maintaining good corporate governance. Minutes of meetings provide a record of corporate actions, including director and officer appointments and board consents for issuances, and can be helpful in the event of an audit or lawsuit. These recordkeeping practices can also help to reduce the risk of potential liability due to failure to observe corporate formalities, and the failure to do so could negatively impact certain processes, including but not limited to the due diligence process with potential investors or acquirers. There is no guarantee that the Company’s board will begin keeping board meeting minutes.

    The Company does not have employment contracts in place with its employees. Employment agreements typically provide protections to the Company in the event of the employee’s departure, specifically addressing who is entitled to any intellectual property created or developed by those employees in the course of their employment and covering topics such as non-competition and non-solicitation. As a result, if an employee were to leave 4URSPACE, the Company might not have any ability to prevent their direct competition, or have any legal right to intellectual property created during their employment. There is no guarantee that an employment agreement will be entered into.

    Not all of the founders or key employees are currently working full time for the Company. As a result, certain of the Company's employees, officers, directors or consultants may not devote all of their time to the business, and may from time to time serve as employees, officers, directors, and consultants of other companies. These other companies may have interests in conflict with the Company.

    The reviewing CPA has included a “going concern” note in the reviewed financials. The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has a net operating loss of $134,388, an operating cash flow loss of $118,454 and an accumulated deficit of $173,913 as of December 31, 2019. The Company’s situation raises a substantial doubt on whether the entity can continue as a going concern in the next twelve months.

    The Company’s ability to continue as a going concern in the next twelve months following the date the financial statements were available to be issued is dependent upon its ability to produce revenues and/or obtain financing sufficient to meet current and future obligations and deploy such to produce profitable operating results.

    Management has evaluated these conditions and plans to generate revenues and raise capital as needed to satisfy its capital needs. During the next twelve months, the Company intends to fund its operations through debt and/or equity financing.

    There are no assurances that management will be able to raise capital on terms acceptable to the Company. If it is unable to obtain sufficient amounts of additional capital, it may be required to reduce the scope of its planned development, which could harm its business, financial condition, and operating results. The accompanying financial statements do not include any adjustments that might result from these uncertainties.

    On June 03, 2019, the Company entered a business loan agreement with Kabbage in the amount of $15,000. The loan has a fee of $3,150, bringing the total repayment amount to $18,150. The loan matures after 12 months and has an average monthly repayment in the amount of $1,512.5.

    As of December 31, 2019, the outstanding balance of the loan is in the amount of $9,750, including accrued interest in the amount of $2,250. The entire loan balance including accrued interest has been classified as current.

    On September 06, 2019, the Company entered a second business loan agreement with Kabbage in the amount of $10,000. The loan has a fee of $1,800, bringing the total repayment amount to $11,800. The loan matures after 12 months and has an average monthly repayment in the amount of $983.3.

    As of December 31, 2019, the outstanding balance of the loan is in the amount of $7,950, including accrued interest in the amount of $450. The entire loan balance including accrued interest has been classified as current.

    From August 9, 2016, through February 11, 2019, the company entered into five convertible notes agreements with several investors in the aggregate amount of $187,500. All five notes carry an interest rate of 6% per annum and all matures after 3 years from the date of issuance.

    On February 11, 2019 the company entered into a convertible note agreement with a certain investor in the amount of $25,000. The note carries an interest rate of 6% per annum and matures 3 years after the date of issuance.

    The outstanding principal and unpaid accrued interest of each Note shall be converted into Equity Securities issued in the Next Equity Financing at a price equal to eighty (80%) of the price paid per share for Equity Securities by the investors in the Next Equity Financing (the “Conversion Price”). The outstanding principal and unpaid accrued interest of each Note to be converted will also be subject to a maximum valuation cap set at $5,000,000 such that the conversion price will be the lesser of (i) eighty (80%) of the lowest price per share at which such Equity Securities are sold to investors or (ii) the price per share utilizing the maximum valuation cap. The number of Equity Shares to be issued upon such conversion shall be equal to the quotient obtained by dividing the outstanding principal and unpaid accrued interest on each Note, on the date of conversion, by the Conversion Price.

    If the Next Equity Financing has not occurred on or before the Maturity Date, the outstanding principal and unpaid accrued interest of each Note, at the option of the Majority Note Holders, upon delivery of written notice to the Company on or after the Maturity Date, may be paid in cash or converted into Common Stock at a price per share equal to the fair market value of the Common Stock at time of such conversion as determined by the Company’s Board of Directors (the "Maturity Conversion Price"). The number of Common Stock to be issued upon conversion shall be equal to the quotient obtained by dividing the outstanding principal and unpaid accrued interest due on a Note to be converted, or portion thereof, on the date of conversion by the Maturity Conversion Price.

    As of December 31, 2019 and December 31, 2018, the outstanding balance of these notes is in the amount of $194,263 and $165,980, including accrued interest in the amount of $6,763 and $3,480 respectively. The entire notes balance including accrued interests have been classified as non-current.

    On August 13, 2020, the Company received a SBA Loan in the amount of $29,000 with an interest rate of 3.75% per annum. The installment payments, including principal and interest, of $142 monthly will begin 12 months from the date of the promissory note. The balance of principal and interest will be payable 30 years from the date of the promissory Note.

    The Company has not prepared any audited financial statements. Therefore, investors have no audited financial information regarding the Company’s capitalization or assets or liabilities on which to make investment decisions. If investors feel the information provided is insufficient, then they should not invest in the Company.

    The Company has not filed a Form D for its prior offering. The SEC rules require a Form D to be filed by companies within 15 days after the first sale of securities in the offering relying on Regulation D. Failing to register with the SEC or get an exemption may lead to fines, the right of investors to get their investments back, and even criminal charges. There is a risk that a late penalty could apply.

    The outbreak of the novel coronavirus, COVID-19, has adversely impacted global commercial activity and contributed to significant declines and volatility in financial markets. The coronavirus pandemic and government responses are creating disruption in global supply chains and adversely impacting many industries. The outbreak could have a continued material adverse impact on economic and market conditions and trigger a period of global economic slowdown. The rapid development and fluidity of this situation precludes any prediction as to the ultimate material adverse impact of the novel coronavirus. Nevertheless, the novel coronavirus presents material uncertainty and risk with respect to the Funds, their performance, and their financial results.

    You may be subject to a different valuation cap from other investors in this Offering. The Company has an evaluated valuation cap of $5,000,000. However, investors that invest earlier in the Offering may be rewarded with a lower valuation cap. Investors that have their subscription received no later than December 4, 2020 will be issued Tier 1 Notes, which have a valuation cap of $4,000,000. Investors that have their subscription received after December 4, 2020 but no later than December 18, 2020 will be issued Tier 2 Notes, which have a valuation cap of $4,500,000. Investors that have their subscription received after December 18, 2020 will be issued Tier 3 Notes, which have the evaluated valuation cap of $5,000,000. Investors that invest earlier in the Offering are rewarded with a lower valuation cap, and their notes may therefore convert at a lower price. Investments made by SI Selections Fund I, L.P. and through the SeedInvest Auto Invest program will always be deemed Tier 1 Notes, regardless of the date the subscription was received. Other than the differences in the valuation cap described herein, there are no other differences between Tier 1 Notes, Tier 2 Notes, and Tier 3 Notes. 

    General Risks and Disclosures

    Start-up investing is risky. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below.

    Your shares are not easily transferable. You should not plan on being able to readily transfer and/or resell your security. Currently there is no market or liquidity for these shares and the company does not have any plans to list these shares on an exchange or other secondary market. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.

    The Company may not pay dividends for the foreseeable future. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site.

    Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold.

    You may only receive limited disclosure. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The company may also only obligated to file information periodically regarding its business, including financial statements. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events — through continuing disclosure that you can use to evaluate the status of your investment.

    Investment in personnel. An early-stage investment is also an investment in the entrepreneur or management of the company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. You should carefully review any disclosure regarding the company's use of proceeds.

    Possibility of fraud. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. As with other investments, there is no guarantee that investments will be immune from fraud.

    Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company may not have the benefit of such professional investors.

    Representatives of SI Securities, LLC are affiliated with SI Advisors, LLC ("SI Advisors") Representatives of SI Securities, LLC are affiliated with SI Advisors, LLC ("SI Advisors"). SI Advisors is an exempt investment advisor that acts as the General Partner of SI Selections Fund I, L.P. ("SI Selections Fund"). SI Selections Fund is an early stage venture capital fund owned by third-party investors. From time to time, SI Selections Fund may invest in offerings made available on the SeedInvest platform, including this offering. Investments made by SI Selections Fund may be counted towards the total funds raised necessary to reach the minimum funding target as disclosed in the applicable offering materials.

    Frequently Asked Questions

    About Side by Side Offerings
    What is Side by Side?

    A Side by Side offering refers to a deal that is raising capital under two offering types. This Side by Side offering is raising under Regulation CF and Rule 506(c) of Regulation D.


    What is a Form C?

    The Form C is a document the company must file with the Securities and Exchange Commission (“SEC”) which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Before making any investment decision, it is highly recommended that prospective investors review the Form C filed with the SEC (included in the company's profile) before making any investment decision.


    What is Rule 506(c) under Regulation D?

    Rule 506(c) under Regulation D is a type of offering with no limits on how much a company may raise. The company may generally solicit their offering, but the company must verify each investor’s status as an accredited investor prior to closing and accepting funds. To learn more about Rule 506(c) under Regulation D and other offering types check out our blog and academy.


    What is Reg CF?

    Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise up to $1 million from all Americans. Prior capital raising options limited private companies to raising money only from accredited investors, historically the wealthiest ~2% of Americans. Like a Kickstarter campaign, Reg CF allows companies to raise funds online from their early adopters and the crowd. However, instead of providing investors a reward such as a t-shirt or a card, investors receive securities, typically equity, in the startups they back. To learn more about Reg CF and other offering types check out our blog and academy.


    Making an Investment in 4URSPACE
    How does investing work?

    When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by 4URSPACE. Once 4URSPACE accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to 4URSPACE in exchange for your securities. At that point, you will be a proud owner in 4URSPACE.


    What will I need to complete my investment?

    To make an investment, you will need the following information readily available:

    1. Personal information such as your current address and phone number
    2. Employment and employer information
    3. Net worth and income information
    4. Social Security Number or passport
    5. ABA bank routing number and checking account number (typically found on a personal check or bank statement)

    If you are investing under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.


    How much can I invest?

    An investor is limited in the amount that he or she may invest in a Reg CF offering during any 12-month period:

    • If either the annual income or the net worth of the investor is less than $100,000, the investor is limited to the greater of $2,000 or 5% of the lesser of his or her annual income or net worth.
    • If the annual income and net worth of the investor are both greater than $100,000, the investor is limited to 10% of the lesser of his or her annual income or net worth, to a maximum of $100,000.

    Separately, 4URSPACE has set a minimum investment amount of US $1,000.

    Accredited investors investing $20,000 or over do not have investment limits.


    After My Investment
    What is my ongoing relationship with the Issuer?

    You are a partial owner of the company, you do own securities after all! But more importantly, companies which have raised money via Regulation CF must file information with the SEC and post it on their websites on an annual basis. Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment. This annual report includes information similar to a company’s initial Reg CF filing and key information that a company will want to share with its investors to foster a dynamic and healthy relationship.

    In certain circumstances a company may terminate its ongoing reporting requirement if:

    1. The company becomes a fully-reporting registrant with the SEC
    2. The company has filed at least one annual report, but has no more than 300 shareholders of record
    3. The company has filed at least three annual reports, and has no more than $10 million in assets
    4. The company or another party purchases or repurchases all the securities sold in reliance on Section 4(a)(6)
    5. The company ceases to do business

    However, regardless of whether a company has terminated its ongoing reporting requirement per SEC rules, SeedInvest works with all companies on its platform to ensure that investors are provided quarterly updates. These quarterly reports will include information such as: (i) quarterly net sales, (ii) quarterly change in cash and cash on hand, (iii) material updates on the business, (iv) fundraising updates (any plans for next round, current round status, etc.), and (v) any notable press and news.


    How can I sell my securities in the future?

    Currently there is no market or liquidity for these securities. Right now 4URSPACE does not plan to list these securities on a national exchange or another secondary market. At some point 4URSPACE may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when 4URSPACE either lists their securities on an exchange, is acquired, or goes bankrupt.


    How do I keep track of this investment?

    You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.


    Other General Questions
    What is this page about?

    This is 4URSPACE's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity. If the company runs a side by side offering that includes an offering under Regulation CF, you may also find a copy of the 4URSPACE's Form C. The Form C includes important details about 4URSPACE's fundraise that you should review before investing.


    How can I (or the company) cancel my investment under Regulation CF?

    For offerings made under Regulation CF, you may cancel your investment at any time up to 48 hours before a closing occurs or an earlier date set by the company. You will be sent a reminder notification approximately five days before the closing or set date giving you an opportunity to cancel your investment if you had not already done so. Once a closing occurs, and if you have not canceled your investment, you will receive an email notifying you that your securities have been issued. If you have already funded your investment, your funds will be promptly refunded to you upon cancellation. To cancel your investment, you may go to your account's portfolio page by clicking your profile icon in the top right corner.


    What if I change my mind about investing?

    If you invest under any other offering type, you may cancel your investment at any time, for any reason until a closing occurs. You will receive an email when the closing occurs and your securities have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your account's portfolio page by clicking your profile icon in the top right corner.