Use of Proceeds

The total anticipated project cost for Urban Putt Denver is $5,000,000. The Issuer has already raised $4,700,000 from private investors as of December 2018.

Proceeds from the NextSeed raise, if the $150,000 minimum is hit, will be used for shipping, assembly, testing and finishing of the two 9-hole mini-golf courses. 

If the $300,000 maximum is hit, the proceeds will be used for shipping, assembly, testing and finishing of the two 9-hole mini-golf courses in addition to marketing, working capital, murals, faux finishing, and mountainscape finishing.  

Key Terms

Issuer
Urban Putt Denver LLC

Type of Offering
Regulation Crowdfunding

Offered By
NextSeed Securities, LLC

Offering Min

$150,000

Offering Max

$300,000

Min Individual Investment

$100

Type of Securities

Revenue Sharing Note

Investment Multiple

1.5x

Revenue Sharing Percentage

2.3%

Maturity 48 months
Payments

Monthly

Security Interest Blanket lien on all assets of the business
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.

View the Issuer's SEC Form C filing

Revenue Sharing Summary


How do Revenue Sharing Notes work?
See our infographic for a detailed explanation here.


1The term of the note begins after the first full month following closing. Payments on the note begin after the first full month the business is open and operating. Payments end when the business pays you back your total payment, or upon the maturity date, whichever is earlier. If any amount remains owed to investors on the maturity date, the Issuer will be required to promptly pay the entire outstanding amount owed. The exact length of time that it will take the Issuer to pay each investor in full cannot be known in advance since the Issuer's actual revenues may differ from its projected revenues.  

2This offering has a minimum investment amount of $100. 

3There is no guarantee that the Issuer will ever produce revenues, or that such revenues will be sufficient to repay the note in full prior to the maturity date. Investors risk losing part or all of their investment. Please review a full discussion of the offering’s risk factors in the Disclosure Statement found here.