Republic Note
Republic's own digital security: a profit-sharing instrument with finite supply
Overview
Platform
Republic
Start Date
01/30/2023
Close Date
02/28/2023
Min. Goal
$1,000
Max. Goal
$600,000
Min. Investment
$1,000
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegD 506(c)
Price Per Share
$0.12
Year Founded
2019
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Republic Note is raising funds on Republic through Reg D 506(c) raise. It is Republic’s own digital currency used as a profit-sharing instrument with the investors. Republic Note has a finite supply and gives the investors a share in the profit when selected Republic portfolio companies succeed. Whenever a company in which Republic has invested makes an exit, a portion of the cash proceeds accrues to Republic Notes and distributions are made to the note holders when the accrual reaches $2 million. Jonathan Knipper and Kendrick Nguyen founded Republic Note in March 2019. The current crowdfunding campaign has a maximum target of $600,000. The campaign proceeds will be used for growth and expansion.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Republic Note | 11/01/2023 | Republic | - | $824,522 | Revenue Share | Funded | RegD 506(c) |
| Republic Note | 04/29/2023 | Republic | - | $2,020,811 | Revenue Share | Funded | RegCF |
| Republic Note | 02/27/2023 | Republic | - | $3,000,000 | Revenue Share | Funded | RegCF |
| Republic Note | 02/27/2023 | Republic | - | - | Revenue Share | Funded | RegD 506(c) |
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