A new $15B+ industry

There are 3 types of crowdfunding that exist. Equity, Rewards and Donation.

Equity crowdfunding is a method of raising funds for a business or startup by selling a portion of the ownership (in the form of equity) to a large number of investors, typically through an online platform. This allows entrepreneurs to access a wider pool of potential investors, who receive a share of the profits or future revenue of the company in exchange for their investment.

The other types of crowdfunding are donation and reward based. It is commonly used for small projects, but it can also be used as a way to raise funds for various charitable causes. These 2 require less legal preparation and does not allow for ownership of the company to be acquired or profits to be distributed.For this reason Soakmont is only focused on Equity based as we want investors to have returns on their investment.

The JOBS act that was signed into congress in 2012 was what propelled equity crowdfunding into being a very viable method of raising capital and issuing securities for the investment. Now after a decade and several amendments several advancements have made equity crowdfunding even more attractive for raising capital.

Features of crowdfunding now include:

  • “Testing the Waters” now allowed after a 2021 amendment, which now allows people to advertise and collect indications of interest from the public before they sink $5-15,000 into the full preparation and legal costs of Reg CF campaigns.
  • The total amount that can be crowdfunded was raised from $1.06 to $5 million.
  • Both accredited and non-accredited investors can invest
  • The investment must be made through a FINRA registered intermediary
  • Multiple types of securities can be offered
  • Equity
    • Common or Preferred Shares
    • SAFEs (Simple Agreement for Future Equity)
  • Debt
    • Interest Notes
    • Revenue Sharing Notes
  • Hybrid
    • Convertible Notes
  • Tokens (Blockchain offerings)
    • Coins or Tokens
    • SAFT (Simple Agreement for Future Tokens), or SAFTEs (Simple Agreement for Future Tokens or Equity)
    • Token DPA (Debt Payable by Assets)

Soakmont’s first crowdfunding campaign is utilizing Silicon Prairie for their FINRA registered investment portal services. SP has nearly a decade of experience in investment banking, crowdfunding, crypto and SEC laws and regulations for issuing securities.

Le Grand Bleu was selected to be Soakmont's first target over a dozen other opportunities found. The$1.35 million tropical resort is an ambitious target but the opportunity was worth the effort the management team concluded after analyzing the company.

Our partnership with Atlantic Trust Company (Canadian Financial Institution) also has brought forth a connection for our second and third asset the company is analyzing. Partnerships are very valued as they can give our team an edge on prospective assets to pursue.

The future is now.