Common stock: investment agreement
This agreement is between Fieldstone Bakery Holdings, Inc., a WI c corporation (the “Company”), and the investor named below (the “Investor”).
1. Investment
The Investor agrees to pay the amount chosen at checkout (the “purchase amount”) for shares of common stock issued in the Company’s Growth round, offered under Regulation Crowdfunding (Reg CF).
2. Terms
The Investor buys shares of common stock at $2.10 per share, a $9.5M pre-money valuation. The shares carry the rights in the Company’s governing documents.
3. Escrow and closing
The purchase amount is held by an escrow agent until the round closes. The round closes only if commitments reach the $100,000 target by the deadline. If they don’t, the purchase amount is returned in full.
4. Cancellation
The Investor may cancel for any reason until 48 hours before the deadline. If the Company reports a material change, the Investor must reconfirm within 5 business days, or this commitment is cancelled and refunded.
5. Investor statements
The Investor confirms that they have read the offering statement; understand they could lose the entire purchase amount; understand the securities generally can’t be transferred for one year except to the Company, an accredited investor, a family member, or in a registered offering; and are within their yearly investment limit.
6. Company statements
The Company confirms that it is validly organized, has authority to issue the securities, and that its offering statement is accurate and complete in all material respects.
7. Holding the securities
The securities may be held through a custodian or a crowdfunding vehicle acting for all investors in this round, so the Company has a single entry in its records.
8. Governing law
This agreement is governed by the laws of the state of WI.
Company
Greta Halvorsen, Founder and CEO
Fieldstone Bakery Holdings, Inc.
Investor
Not signed. This is the template every investor signs.