Minimum subscription hit - More equity on offer.!
19 days & 9 hours
2.1% - 9.9%
min - max equity offered
A$100,000.00 - A$500,000.00
min - max investment sought
min investment parcel
Is the 0.5% donation on the value of all trades mandatory? Can an investor opt out? If no, does the investor get to claim a tax deduction for the donation, or does Goodments get this benefit?
Hi Damien. Yes, the donation is part of our trading process so there is no opt - out. As we understand it, any tax deduction is claimable by Goodments but please check this with your own accountant.
Replied to Damien Leong
Is it possible to have a worked example of the impact of the preferential shareholders non dilution clause for both the minimum and maximum capital raising amounts?
Hi Andrew. Thanks for the email. The anti-dilution really only comes into play if Goodments issue Shares at a price less than that paid by the holder of Seed Preference Shares. This is not the case here as the share price has increased and will hopefully do so going forward. If the share price were to drop to below the purchase prices for the Seed Preference Share, and more shares were issued, then those shareholders would essentially be awarded more shares as compensation. You can see the method for calculating any anti-dilution in section 1.5 of the Constitution.
Replied to Andrew Rankin
Are customers restricted to investing in only companies you deem ethical? Or are they still free to buy any US shares they wish through your platform?
Hi there. The beauty of our app and our future products is that we help each customer deem what is ethical to them. We then serve them matches that we think will align to what they are looking for. We also give access to our entire data based on investments so you can explore, learn and choose for yourself. Currently, you can access over 2,000 shares and funds.
Replied to Christopher Eng
The investors below have committed capital to the business in this funding round.