FAQS : ‘INVEST NOW’ PROCESS

WHAT IS EQUITY CROWDFUNDING? 

In March 2015, the Securities and Exchange Commission (SEC) released final Regulation A+ rules under Title IV of the JOBS Act, paving the way for companies like TTSA to raise capital from both accredited and non-accredited investors. 

WHAT ARE THE RISKS OF EARLY-STAGE INVESTING?

Because Regulation A+ allows early stage investing by non-accredited investors, the SEC put limits in place to protect the general public from investing more than they can afford to lose in early-stage companies. However, investing in start-up and early-stage companies is risky due to the nature of these types of entities and the long horizon of the investment type. Please review the Offering Circular for a complete discussion of the risks before investing.

CAN I INVEST IF I’M NOT AN ACCREDITED INVESTOR?                                         

Yes! You can invest without being an accredited investor, but you do have a limit of no more than ten percent (10%) of the greater of your annual income or net worth.  Different rules apply to accredited investors and non-natural persons. Before making any representation that your investment does not exceed applicable thresholds, we encourage you to review Rule 251(d)(2)(i)(C) of Regulation A.  For general information on investing, we encourage you to refer to www.investor.gov or consult your financial advisor.

WHAT ARE THE TAX IMPLICATIONS OF AN EQUITY CROWDFUNDING INVESTMENT?

We cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.

WHAT IS INVOLVED IN INVESTING?

To make an investment, click the ‘Invest Now’ button and have the following information readily available:

• Personal information such as your current address and phone number

• Net worth and income information

• Social Security Number or for international investors, applicable government-issued identification

• Your credit card or ABA bank routing number and checking account number if you want to pay via ACH (typically found on a personal check or bank statement). If you choose to pay by wire or check, you will be given instructions on how to send funds once you have completed the ‘Invest Now’ process.

NOTE: Our partner PrimeTrust verifies investor details and conducts background checks as required by US law. You may be asked to provide documentation supporting the above investor details. If this is the case, we will notify you via email.

IS THERE A MINIMUM INVESTMENT? 

The minimum investment amount for TTSA’s Reg A+ Offering is $350 per investment transaction. A $15 transaction fee will be also added to your cart. For example, if you want to make a $350 investment, you will pay $365.

CAN I MAKE A SMALL DONATION INSTEAD?

We appreciate those who want to donate money to support our mission, but we are unable to accept donations at this time. 

CAN I INVEST NO MATTER WHERE I LIVE?

US: Unfortunately we cannot accept investment from residents in Florida, Nebraska, North Dakota or Washington at this time. Please see 'Plan of Distribution' in our Offering Circular for information about the states where the company is/is not offering securities. We regret we cannot provide details as to why this is the case. You may be able to learn more by contacting your state’s securities regulatory agency directly.


Canada: Unfortunately, we are not permitted to accept investment from Canadian citizens or residents. If you proceed, your investment will be canceled and payment refunded. We regret we cannot provide details as to why this is the case. You may be able to learn more by contacting Canada’s securities regulatory agency directly.

Elsewhere outside the US: With the exception of Canada, you may invest from outside the US, as long as you are able to provide the verification documents sufficient to complete the background check required by US law. However, we make no representation that this website is operated in accordance with the laws or regulations of, or governed by, nations other than those of the United States. If you are located outside of the United States, you use this website at your own risk and initiative and you, not us, are responsible for compliance with any applicable local and national laws. 


International bank fees: Please be aware when investing from outside the US, your bank as well as intermediary banks may charge fees for transferring funds. Be sure to inquire about these fees before sending payment to make sure you send the correct amount.

Australia: Australia does not permit the sale of securities by credit card (see below).

WHAT HAPPENS AFTER INVESTING?

After you complete the 'Invest Now' process and send funds, your funds will be held in escrow (meaning we can't access it) until we conduct a “Closing” (we do this approximately once a month).  Once your investment funds are part of a Closing, you will receive an email from us with your Subscription Agreement followed by letter mailed to your address from our transfer agent, Computershare. This letter will include an account statement, which is the official record of your ownership in the company.

 

CAN I INVEST WITHOUT GIVING MY SOCIAL SECURITY NUMBER?

In order to invest, you are required to provide all information requested in the ‘Invest Now’ process. We appreciate your concern about privacy and encourage you to read our Privacy Policy and FundAmerica’s Privacy Policy

I'M ALREADY AN INVESTOR - HOW DO I PURCHASE MORE STOCK?

All investment transactions must be completed through the 'Invest Now' process on TTSA’s website, even if you are an existing stockholder or investor. Each investment transaction must be for at least the minimum amount. Your investments will be processed separately, but recorded under one account with Computershare, the company that maintains TTSA’s stock ownership ledger.

WHAT IS THE $15 TRANSACTION FEE & WHY HAS THE MINIMUM RAISED?

One of the priorities for TTSA in this new offering is to find ways to operate more efficiently by reducing per-transaction investment fees. In order to insure the maximum amount of your investment dollars go to programming and project initiatives, we are raising the minimum investment amount to $350 and adding a $15 transaction fee to offset a portion of the FundAmerica/PrimeTrust fees. All investment transactions include a non-refundable $15 transaction fee regardless of cancelation. 

CAN I INVEST ON A PAYMENT PLAN?

There is unfortunately no payment option that would allow you to invest on a payment plan.

PAYMENT METHODS AND TERMS:

METHODS: Through our payment partner FundAmerica/PrimeTrust, we currently accept the following payment methods: ACH, Wire, Check and Credit Cards (Visa or MasterCard). PLEASE NOTE: the credit card payment option is not available from Australia. 


TERMS AND CONDITIONS FOR CREDIT CARD PAYMENTS:

If you choose to use a credit card as your payment method, you accept and agree to these terms and conditions:

• You can use Visa, MasterCard or Discover. Credit card must have a valid security code

• Payments cannot be split between multiple credit cards

• Until an escrow closing, you can cancel your investment for any reason by notifying us at investorrelations@tothestarsacademy.com within 3 business days of sending your funds. Refunds (excluding the $15 non-refundable transaction fee) will be initiated in 7-10 days, subject to applicable laws/government regulation.                                                                                                              

• Please refer terms and conditions available on Offering Circular for detailed information about the investment

• If your credit card payment cannot be processed for any reason, then your investment transaction will be cancelled

*AUSTRALIANS EXCLUDED* Australia prohibits the sale of securities by credit card. If you enter your credit card as payment, it will be declined. Please choose wire transfer. 

REFUND POLICY:

Until an escrow closing, you can cancel your investment for any reason by notifying us at investorrelations@tothestarsacademy.com within 3 business days of sending your funds.  Refunds will be initiated in 7-10 days after notification, subject to applicable laws/government regulations. All investment transactions include a non-refundable $15 transaction fee regardless of cancelation. 

WHY DID I GET A SEPARATE EMAIL ASKING FOR FURTHER DOCUMENTATION?

IS THIS LEGIT AND IS THE LINK IN THE EMAIL SAFE?

This is a legitimate request for the investor verification process per U.S. Law. Due to the US Anti-Money Laundering statute, in order to invest, you are required to provide the information requested. While we initiate the email request, all documents are reviewed by our partner FundAmerica/PrimeTrust, which conducts all of the investor verifications. The only way FundAmerica/PrimeTrust is willing to receive these documents is through egnyte, a secure website, which is the link we have sent from legal@tothestarsacademy.com for you to upload your documents.

CAN I GET A PROSPECTUS?

In a Regulation A offering, the offering document, or prospectus, is known as the "Offering Circular". You can access ours here.

HOW IS THE VALUATION DETERMINED?

See the Offering Circular for more details on our valuation method.