The Issuer is seeking to raise $110,000 on NextSeed to complete final construction and tank installations for the business and initial working capital.
Healing Waters Float Spa LLC
Type of Offering
Texas Intrastate Crowdfunding
NextSeed TX LLC
|Min Individual Investment|
|Type of Securities|
Revenue Sharing Note
|Revenue Sharing Percentage|
|Security Interest||The Issuer will grant a security interest in all of its assets and the principals will each provide a personal guaranty in favor of NextSeed for the benefit of the investors to secure the Issuer’s obligations under the Securities.|
|Ownership % Represented by Securities|
0% Investors will not receive any equity interests in the Issuer or any voting or management rights with respect to the Issuer as a result of an investment in Securities.
Beginning after the 3rd full month following the closing, the Issuer will pay 16% of each month’s gross revenue to the investors as a group until they are paid in full. Each investor will receive its proportionate share of the monthly payments made to the investors as a group.
If Investor A invested $1,100 of the $110,000 that was raised by the Issuer, Investor A is entitled to receive 1.0% of the $6,400 paid to investors for month X. Therefore, Investor A is paid $64.00 for month X.
The example above is an illustrative example only and may not reflect actual performance.