NOTE: You will need your Bank Account Number, Transit Number, and Institution Number to Invest.

This investment is only open to Accredited Investors, and immediate Friends, Family, and Close Business Associates of the issuer.  

To invest in medreddie, you will be investing via a Special Purpose Vehicle (SPV) and not investing directly.  You will NOT appear on the cap table of the issuer.  

What is a Special Purpose Vehicle (SPV)?

A Special Purpose Vehicle is a corporation or limited partnership formed for a specific purpose.  In investing, a special purpose vehicle is typically used to allow smaller investors to pool their funds together in one company before then having that company invest in an underlying business.  The purpose of the SPV is to allow the underlying business to have few investors on its cap table and to consolidate the management of multiple smaller investors outside the main company.  

SPV Name: Firehood medreddie SPV Limited Partnership

General Partner: 1000695925 Ontario Inc.

Managed by: Equivesto & Firehood (Danielle Graham)

Additional fees for SPV: None

SPV will invest all funds received directly into medreddie

Minimum Raise: N/A - There is no minimum raise requirement

Max Raise: $750,000 for 750,000 Class B Units at $1.00 per Class B Unit.

Round Final Close: December 31, 2023 (the issuer may chose to close funds earlier than this date, and may have multiple closings).

Minimum investment amount: $10,000.00

Securities offered: Class B Units

Please see Limited Partnership Agreement for full details of the structure of the SPV and the rights of the units.  You must create an account on Equivesto to view attached documents.  Data Room available upon request.

NOTE: You will need your Bank Account Number, Transit Number, and Institution Number to Invest.

This investment is into 12258706 Canada Inc. (DBA Medreddie)

Post-money valuation (After investment received): CAD $4,500,000

Minimum Raise: $25,000

Max Raise: $750,000 for 750,000 Convertible Note Units (that convert into Preferred Shares.

Multiple Closings: This offering will have multiple closings, with each closing being at the end of the month, or at a date decided by the Issuer.

Discount Rate: 20%

Interest Rate: 6% per annum (paid in either cash or preferred shares at a value of $4.00 per share)

Maturity: 3 Years

Conversion: Convertible Note Units automatically convert upon subsequent qualified financing round to Preferred Shares

Minimum investment amount: $25,000.00

Securities offered: Convertible Note Units at $1.00 per Convertible Note Unit (Converting into Preferred Shares)

Please see Convertible Note, Shareholder's Agreement, Term Sheet, and Articles of Incorporation for full details of rights associated with the Convertible Note.  You must create an account on Equivesto to view attached documents.