Details of the Offer
Shares on Offer
At $368K 17.32% are available.
At $700k 28.49% are available.
There is a minimum investment of $500.
Offer Price Per Share
NZ 66cents per share.
Purpose of fund Raising
Raise sufficient capital to grow the company through marketing.
Duration of the Offer
This offer is available for 30 days.
Are there any future funding intentions?
The company has no further funding intentions at this stage.
How will the shares be managed?
Red Witch intends to outsource management of the share registry to Avenir FMI. Shareholders will be able to login and view their shareholdings through Avenir FMI's website.
How Often will you communicate with your Shareholders?
Quarterly via email newsletters.
Third Party Advisers
I.S.S. Ltd (ISSL) PO Box 738, Shortland Street, Auckland 1140
T: +64 9 379 9693
ANZ Business Banking Shop 18, 20 Main Road, Coastlands, Paraparaumu
T: +64 4 296 1860
Snowball Effect Fees
Snowball Effect charges a fee if a company successfully reaches its funding target. This fee is the larger of $20,000 or 6% of the funds raised. Snowball Effect may amend this fee in discussions with a company before an offer is listed on Snowball Effect.