Invest in UpLyft
A convertible note offers you the right to receive Crowdfunding stock in UpLyft. The amount of Crowdfunding stock you will receive in the future will be determined at the next equity round in which the Company raises at least $1,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $19,803,150.00 Valuation Cap or if less, then you will receive a 30.00% discount on the price the new investors are paying. You also receive 8.00% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive Crowdfunding stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).
*Bonus discount subject to adjustment of bonus discounts for StartEngine noteholders. See discount bonus below.
Investment Incentives & Bonuses*
Loyalty Bonus | An additional 10% to the base discount rate
Receive an additional 10% to the base discount rate in UpLyft’s current offering on StartEngine if you've (i) previously invested in this issuer, or (ii) have previously purchased UpLyft as a customer. Note: Loyalty Bonus is awarded via investor email address and investors who qualify for this bonus in multiple ways will only receive a maximum 10% to the base discount rate.
Time-Based Perks
Super Early Bird: First 7 days | $1,000+ 3% addition to the base discount rate
Super Early Bird: First 7 days | $2,500+ 4% addition to the base discount rate
Early Bird: Days 8 to 30 | $1,000+ 2% addition to the base discount rate
Early Bird: Days 8 to 30 | $2,500+ 3% addition to the base discount rate
Flash Perk: Days 45 to 50 | $2,500+ 3% addition to the base discount rate
A time-based perk can only be earned for a subscription amount made by the time-based perk deadline. Time-based perks can not be stacked, only a single time-based perk can be earned by an individual.
Volume-Based Perks
Bronze | $5,000+ - 5% off UpLyft order + 1% addition to the base discount rate
Silver | $10,000+ - 10% off UpLyft order + 2% addition to the base discount rate
Gold | $20,000+ - 12% off UpLyft order + priority fulfillment + 3% addition to the base discount rate
Diamond | $50,000+ - 15% off UpLyft order + priority fulfillment + dinner with CEO + 4% addition to the base discount rate
Platinum | $100,000+ - 20% off UpLyft order + priority fulfillment + dinner with CEO + 5% addition to the base discount rate
Please note, multiple investments from different individuals in the Offering cannot be combined to qualify for a larger volume-based perk. Perks will be issued to the named investor at the address and email provided during the investor’s subscription.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus discounts from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed. The discounted subscription months begin after the close of the offering and must be used consecutively.
Crowdfunding investments made through a self-directed IRA cannot receive perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those perks because they would be receiving a benefit from their IRA account.
The 10% StartEngine Venture Club Bonus
DME Innovations, Inc (dba Uplyft) will offer 10% additional discount bonus for all investments that are committed by investors that are eligible for the StartEngine Venture Club bonus.
Eligible StartEngine noteholders will receive a 10% bonus discount on the note in this Offering.. For example, this would mean your discount percentage would be 30% instead of 20%.
This 10% Bonus is only valid during the investor’s eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Venture Club Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
Cancel anytime before 48 hours before a rolling close or the offering end date.
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