Invest in Sparo

Purchase with a Purpose®

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

REASONS TO INVEST

ABOUT

HEADQUARTERS

TERMS

Sparo

Overview

PRICE PER SHARE

$8.06

DEADLINE

Sep. 28, 2022 at 6:59 AM UTC

VALUATION

$17.69M

FUNDING GOAL

$10K - $1.07M

Breakdown

MIN INVESTMENT

$249.86

MAX INVESTMENT

$1,069,997.24

MIN NUMBER OF SHARES OFFERED

1,240

MAX NUMBER OF SHARES OFFERED

132,754

OFFERING TYPE

Equity

SHARES OFFERED

Class B non-voting stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

SEC Recent Filing

Offering Memorandum

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based Investment Incentives

Friends and Family Early Birds

Invest within the first 48 hours and receive 15% bonus shares.

Super Early Bird

Invest within the first week and receive 10% bonus shares.

Early Bird

Invest within the first two weeks and receive 5% bonus shares.

Amount-Based Investment Incentives

Tier 1 | $500+

Invest $500+ and receive special crowdfunding investor swag & opportunities to participate in user and beta testing programs.

Tier 2 | $1,000+

Invest $1,000+ and receive special crowdfunding investor swag, a call out on the Sparo website/social media & a portrait drawn from a photograph by young artist Ava Z.

Tier 3 | $5,000+

Invest $5,000+ and we will promote the charity of your choice on our website & social media & invite you to live talks with the team behind the creation of low carbon AI & with the female inventors of the world's most Green batteries.

Tier 4 | $10,000+

Invest $10,000+ and we will create special early-bird priority access for your store to partner with the Sparo platform, & the option to participate in the Sparo beta program.

Tier 5 | $20,000+

Invest $20,000+ and we will offer an in-depth profile of your favorite charity, a custom fundraising campaign to Sparo contacts, social media posts, a press release, & outreach to journalists.

Tier 6 | $50,000+

Invest $50,000+ and receive 5% bonus shares, plus an invitation to join an elite Sparo investor community with meetups at events like NRF & ShopTalk to meet.

Tier 7 | $100,000+

Invest $100,000+ and receive 10% bonus shares, a podcast episode interview with Sparo’s CEO Rob Sobhani regarding your interest in Sparo & your philanthropic desires, a podcast episode about your preferred charity, & a lunch with Rob.

Tier 8 | $250,000+

Invest $250,000+ and we will invite you to join us to take a special tour of the Lucid Motors EV Plant in Arizona, & we will also partake in a trip to India to meet the great women of Sudara.

Tier 9 | $500,000+

Invest $500,000+ and we will invite you to participate in a private tour as we visit Azerbaijan & walk in the footsteps of Marco Polo - The Old Silk Road with special local guides & the opportunity to meet with surprise hosts.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Sparo.IO Corporation will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $8.06 / share, you will receive 110 Class B Common Stock shares, meaning you'll own 110 shares for $806. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

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 time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

Insider Investment Notice

Officers, directors, executives, and existing owners with a controlling stake in the Company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

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FAQS

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