Family and Friends Investment Offer

We invite you to take up this special offer ahead of the pre-seed funding rounds.

Please don’t feel under any obligation to participate, however we wanted to at least provide you with the offer information.

$50,000 has been allocated for investment from family and friends of the four co-founders, followed by a $200,000 round for Angel Investors. All reference to money at Climateers is in Australian dollars (approx. US $0.65).

We are offering additional benefits for family and friends compared to the Angel Investor offer.

 

Family & Friends Investment Offer Summary

You can invest between $1,000 and $10,000 of the $50,000 allocated for this family and friends offer.

The investment is a ‘convertible note’ – an unsecured loan for a 2 year period paying 6% p.a. interest paid quarterly.

At the end of the two year period, you will need to choose whether to have your loan repaid or convert the loan to shares. For each $1000 loaned, 1000 shares will be issued upon conversion. (valuing the shares at $1.00 each).

In the event that we crowd equity fundraise at $4.00 per share or more, this will trigger a ‘conversion event. In this event, you would need to decide at that time (prior to the 2 year period) to either have the loan repaid, or convert the loan to shares at a 75% discount ($1 compared to $4).

We are also offering you an additional matching number of shares (1000 for each $1000 invested) at $0.001. These shares will be issued at the completion of the angel funding round. This is twice the number of bonus shares that is offered to angel investors. You retain these shares even if your loan is repaid in full.

To further reduce your risk, we are escrowing 25% of the angel funds and other sales. That means, once we have $200,000 revenue, $50,000 will have accumulated in an escrow bank account so that you would have the option to withdraw funds and still keep your bonus shares, even before the two year period.

If you’d like to participate, please send an expression of interest by email to our CEO rob.anderson@climateers.com 

 

More Information

We have developed a Local Rollout Blueprint that will be optimised during our two pilot campaigns in September and October for Food Waste Victoria and the Climate Solutions Alliance in Cremorne (for all businesses on a climate journey).

This blueprint outlines our strategies and actions to create engagement and generate revenue from sponsorship advertising, such as our surveys, our ‘Food Waste Conversations’ and ‘Cremorne Climate Conversations’ podcasts and the industry reports and Action Summit events.

You can book a zoom call to find out more.

We’ve also prepared an ‘Investor Pathway’ document that outlines the steps beyond the Food Waste Victoria pilot.

We believe one of the key strengths of Climateers is our Climate Crisis Blueprint. It’s a 13 step plan for the next 3+ years.

Our very ambitious aim is to publicly list on the ASX (Australian Stock Exchange) so that shares can be readily traded and market forces determine share valuation.

The ‘Investor Pathway’ document outlines the steps towards this bold objective to increase share valuation from $1 to $25 listing price.

If we achieved this very ambitious goal, it would mean a $1,000 investment in this family and friends funding round, would be worth $50,000 at a $25 share price. If the loan was repaid, the bonus shares would be worth $25,000.