Union Digital

SaaS , Technology
Toronto, Ontario, Canada
Union Digital Inc.
Union Digital Inc.

$25,000.00

$25K
Investment complete
Funded Of $100,000.00 Goal
25% Raised
Accredited Investor Offer. Structure
- Days Left
$10,000.00 Min. investment
$1,000,000.00 Max. investment
$100,000.00 Minimum Raise
$1,000,000.00 Maximum Raise

Offering Description

Offering Terms

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 Union Digital.  

This investment is via a Convertible Note (debt that converts to equity in the future). 

What is a Convertible Note?

A Convertible Note is debt that allows investors to invest funds at no fixed valuation, and instead have their investment convert into shares at a future investment date, where there will be a fixed valuation.  The Convertible Note agreement includes a Valuation Cap, so that no matter the valuation of the future round, the number of shares they are given will be based on the pre-set fixed valuation cap.  To reward investors for investing earlier, investors will have a discount rate applied to their investment at the future valuation date, which further discounts the potential future valuation and rewards Convertible Note investors with more shares.  If there is no future investment round, Convertible Note investors are debt holders and have priority over other investors and shareholders if the company is closed or sold.  Some Convertible Notes include interest, which adds to the principal amount and coverts to shares alongside the principal.

Post-money valuation Cap (After investment received): $18,000,000

Discount Rate: 20% 

Interest Rate: 7%

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

Max Raise: $1,000,000 for 1,000,000 Convertible Note Units convertible into Common Shares at $1.00 per Unit.

Round Final Close: June 30, 2023 (They may chose to close funds earlier than this date, and may have multiple closings).

Minimum investment amount: $10,000.00

Securities offered: Convertible Note Units that convert into Common Shares

Please see Convertible Note Agreement and Articles of Incorporation for full details of rights associated with the Units & Common Shares.  You must create an account on Equivesto to view attached documents.

Forward Looking Statements Disclosure

The information contained within this offering page and related presentations constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) sources, availability, and the use of proceeds from third-party financing for the Company’s projects; (iii) the expected development of the Company’s business, projects, and partnerships; (iv) execution of the Company’s vision and growth strategy; and (v) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements should not be taken as guarantees of future performance, and undue reliance should not be placed upon them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Please review the Issuer’s Business and Risks sections of the Offering Document or Offering Memorandum if available for full explanations of the material factors, assumptions used and risks.

The forward-looking statements have been approved by management as of the launch date of this offering.

02/16/2023
Project launched

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