Problem
Stock prices can move quickly and investors need real-time data to react to market volatility in both public and private markets. Unfortunately, information about private securities is limited and can be difficult to find.
Solution
In the fast-paced world of stock trading, timely information is key to success.
StockText plans to help investors to stay ahead with real-time alerts on stock price changes, delivered directly to their phone and email. Whether they are a professional trader or a casual investor, market enthusiasts don’t want to miss out on important market information. StockText intends to provide real-time news, research, and price-change alerts for both public and private securities.
Our goal is to help traders stay ahead with real-time stock alerts that are customizable and tailored to the customer’s needs and that are easy to set up and manage. StockText intends to go beyond basic alerts. Want to be notified when a stock drops below a specific price or rises above a certain threshold? Our aim is to make it possible to tailor your alerts to match your investment strategy and risk preferences.
Technology Strategy
StockText intends to implement the following technology strategy:
Make the Technology Easy to Set Up and Manage: select a stock, choose the type of alert, set your conditions and you’re done. Easily manage your alerts, modify conditions, or delete them at any time.
Provide Text Alerts: Get alerts straight to your phone via SMS. Whether you're at home, in the office, or on the go, you'll be connected to the market.
Deliver Email Notifications: Receive detailed alert notifications in your inbox, complete with insightful data to inform your next move.
Integrate with Social Media: Integrate your social networks with StockText for updates across social media platforms.
Business Model
In order to build its customer base, StockText plans to use a freemium model, where the first tier is free. This tier will include basic news and stock alerts about public and private securities. On top of free tier, the company intends to offer a premium paid subscription, which includes research and analysis of companies and market movements.
Market Opportunity
Investors have a strong appetite for financial news in order to have the information they need to try and trade successfully. As a result, the market for providers of financial data reached $22.1 billion in 2023, according to ibisworld.com. The industry grew by more than 2% in 2023 and increased by almost 5% per year over the past five years.
Team
Use of Proceeds
If the offering's maximum amount of $124,000 is raised:
| Use | Value | % of Proceeds |
|---|---|---|
| Technology | $65,000 | 52.4% |
| Marketing | $25,000 | 20.2% |
| General & Administrative Expenses | $27,924 | 22.5% |
| Intermediary fees | $6,076 | 4.9% |
Terms
This is an offering of Membership Units, under registration exemption 4(a)(6), in StockText LLC. This offering must raise at least $10,000 by June 28, 2024 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. StockText may issue additional securities to raise up to $124,000, 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:
Pitch Deck
Financials
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.
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