Some new info. I am intrigued, if only to get a share (very small I know) in a bat company.
Thanks for registering your interest in investing in Laver & Wood. Over the next fortnight, we’ll be providing more information about our campaign.
This first newsletter will cover the basics of the offer, respond to some of your questions, tell you how to register in the lead up to our launch, and invite you to our launch event.
The offer
We will be raising between NZD$250,000 and NZD$1,000,000 on a pre-money valuation of $4 million. This will be used to fund expansion, including increasing our product range, marketing spend, expanding our workshop and our staff. The minimum investment will be $500.
Full details will be available in our Information Memorandum released at the end of the week.
Your FAQs
What is the minimum subscription?
NZD$500.
What benefits to shareholders get?
In addition to equity in Laver & Wood and dividends if we are profitable, investors will be entitled to the following benefits.
$500 - Laver & Wood’s Cricket Bat Lore Ebook & free copies of future editions.
$1,000-$4,999 - One bat per year at 25% off our normal price, Laver & Wood’s Cricket Bat Lore Ebook & free copies of future editions
$5,000-$4,999 - One Free Private Bin Bat customised to your specifications. Two bats per year at 25% off our normal price. Laver & Wood’s Cricket Bat Lore Ebook & free copies of future editions
$50,000 & above - One Free Signature Bat customised to your specifications.Five bats per year at 25% of the normal price with Free Knocking In. Laver & Wood’s Cricket Bat Lore Ebook & free copies of future editions
What will you be using funds raised for?
Depending on the levels of funds raised we will be:
Increasing our marketing budget, especially our online marketing budget & implement customer relationship management software
Increasing our staff, with a new bat maker, new sales & marketing person and a logistics person required to help our expansion
Expand our product range to include soft goods, increased customisation of labels and expand our repair & refurbishments
Move to a larger factory and increase the number of workstations to allow us to increase production
When will you be releasing financials?
Financials will be released in our Information Memorandum which will be released at the end of this week.
How to register to invest
Before you invest through PledgeMe, you first have to register as an investor. You can do this by click on this link:
https://www.pledgeme.co.nz/investor_registrations/new You’ll need to have your ID handy (passport or driver’s licence) and proof of address (a photo of your utility bill or the like).
Here are the step by step instructions:
http://guide.pledgeme.co.nz/how-to-invest/ Can I invest if I am not in New Zealand?
This offer is for New Zealand residents, but if your local legislation allows you to take up the offer (and you are a wholesale investor) you should be able to.. You will be required to register here:
https://www.pledgeme.co.nz/investor_registrations/new Two thirds of the way down the page you will need to confirm that you are legally allowed to invest and a whole sale investor by clicking next to this criteria:
A "wholesale investor" within the meaning of the Financial Markets Conduct Act 2013
Please email info@laverwood.co.nz if you have any questions.
Will I be able to sell my shares?
Laver & Wood plans to run its own share book, a “matching service”, matching willing buyers and sellers of our shares. Shareholders can also seek buyers themselves. There are some restrictions on share transfers in the first 12 months after the investor shares are issued so there may be limits on our planned service during that time.
Our launch party
Laver & Wood Invitational XI vs Clifton County Cricket Club XI
We are holding our Crowdfunding Launch with our friends at Clifton County Cricket Club on the 3rd of November at Clifton’s ground. There will be a Twenty20 Match and a BBQ. Please let us know if you want to attend so we can arrange enough food for the BBQ.
4.30pm, Thursday 3rd November, Clifton Cricket Club.
Gordon Road, Te Awanga, Hawkes Bay.
Want to share the love?
We’d love it if you could share this opportunity with your crowd. Watch our video below, share it with some more like minded cricket fans, and help us fund our growth.
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Topic: Own a share in Laver and Wood (Read 36674 times)