introduction

a seed is planted

problem & solution

OUR PRODUCTs

ACTUAL FAN'S MESSAGES

giving back

revenue model

*Draft Threads and Team Threads' products are currently in development. The average selling prices are projected figures. 

market size

COmpetition

Leadership

advisory board

Use of Proceeds


If the offering's maximum amount of $1,069,999 is raised:

UseValue% of Proceeds
Professional Team and Player's Licensing$175,00016.4%
Software Development$125,00011.7%
Player Advances$150,00014.0%
Marketing$300,00028.0%
General & Administrative$267,56925.0%
Intermediary fees$52,4304.9%

Terms

This is an offering of Common Stock A, under registration exemption 4(a)(6), in FanShark, Inc.. This offering must raise at least $10,000 by October 31, 2022 at 10:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. FanShark, Inc. may issue additional securities to raise up to $1,069,999, the offering’s maximum.

If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:

8,459,515 shares
×
$0.95 per share
$8,036,539implied valuation

Financials

These financial statements have been reviewed by an independent Certified Public Accountant.

SEC Filings

The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.

We’re also required to share links to each of the SEC filings related to this offering with investors.

Understand the Risks

Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.

Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.

The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

More Info

Updates

  • Aug 29, 2022
    Primary offering of 1,126,315 shares at $0.95
  • Aug 29, 2022

Ask a Question

Proofread your comment before submitting: once it's posted, you can’t edit or delete it. For the fastest help with the web site, email help@netcapital.com instead of commenting.

Looking to raise capital?
We can help turn your friends, family and customers into investors.

Learn more

Interested in more investment opportunities?
Browse all offerings currently available.

See more