Welcome to Bumper Collective, a platform that allows fans to invest in their favorite creators to potentially earn returns on their investments and allows creators to raise capital for their projects and engage their supporters!
Please review the following and acknowledge your understanding below.
Risks of Investing. Investing in startups and other private companies is highly speculative and should only be done by investors who can bear the complete loss of their investment without any change in their lifestyle. Risks include, but are not limited to: (i) limited operating history, (ii) lack of liquidity or any market for the resale of your investment, (iii) possibility of fraud or misrepresentation, (iv) arbitrary valuation of the company, (v) limited shareholder rights, and (vi) inability to generate revenue or raise additional capital to fund operations.
Investment Limits. Regulation Crowdfunding limits the amount of money you can invest. If either your annual income or your net worth is less than $107,000, then during any 12-month period, you can invest up to the greater of either $2,200 or 5% of the lesser of your annual income or net worth. If both your annual income and your net worth are equal to or more than $107,000, then during any 12-month period, you can invest up to 10% of annual income or net worth, whichever is lesser, but not to exceed $107,000.
Transfer Restrictions. You will not be able to resell securities acquired through Crowdfunding for a period of one year, subject to certain limited exceptions, including sales back to the issuer, to accredited investors, to family members under certain circumstances (i.e. death or divorce). However, even after the restricted period, there is no guarantee that there will be a market for the securities.
Cancellation Rights. You have the right to cancel your investment commitment in an offering at any time until 48 hours prior to the deadline identified in the issuer's offering materials. After that, your investment will be final.
No Investment Advice or Recommendations. Bumper Collective does not provide any investment advice or recommendations. The posting of an offering on the portal is neither a recommendation, solicitation or endorsement of the offering by us. Any decision to invest shall be based solely upon your own evaluation and analysis of the offering and is made at your own risk. You are strongly advised to consult with your investment advisor before making any investment.
Limited Due Diligence. You are responsible for conducting legal, accounting and other due diligence review on the issuer's and offerings posted on the Portal and to determine whether the investment is suitable for your investment needs.
