INVESTMENT COMPENSATION DISCLOSURE
You must read and agree to the following provisions before continuing with the electronic account opening and registration process for the Texture Capital Inc. Platform (the “Platform”).
Disclosure of Promotional Fees Required for Regulation Crowdfunding Offerings Conducted on the Platform
Investors that participate in an offering on the Platform should be aware that any person who promotes an offering for compensation on the Platform, whether past or prospective, or who is a founder or an employee of an issuer that engages in promotional activities on behalf of an issuer on the Platform, must clearly disclose in all communications on the Platform (i) the receipt of the compensation and (ii) that such promoter is engaging in promotional activities on behalf of such issuer.
Site Fees for Offerings and Sales of Securities through the Site (SEC Regulation Crowdfunding Rule 302(d))
Texture Capital Inc. charges fees in connection with the posting of offerings and sale of securities on the Platform in reliance on Section 4(a)(6) of the Securities Act of 1933, as amended. Currently, Texture Capital Inc. charges to Issuers a fee between 2.5% and 7% commission based on the amount of investments raised in the Offering and paid upon disbursement of funds from escrow at the time of a closing. The commission may be paid in cash and/or the securities of the Issuer identical to those offered to the public in the Offering and reimbursement of certain expenses related to the Offering up to an aggregate cap based on the size of the offering. The securities paid to Texture Capital Inc., if any, will be of the same class and have the same terms, conditions and rights as the securities being offered and sold by the Issuer on the Platform. Texture Capital Inc. expressly reserves the right to change its policies regarding fees at any time in the future in its sole discretion, including in connection with promotional events or new services. Changes to these fee policies are effective after providing users of the Platform with notice by posting such changes on the Platform and/or notifying such users via electronical communications. All fees paid to Texture Capital Inc. in connection with the offering and sale of securities are nonrefundable, unless in its sole discretion Texture Capital Inc. determines that a refund is appropriate.