THINK Communications is making a private equity offering under the Securities Act of 1933 Sub-Section 4(a)(2), Regulation D § 230.506(c). Under this regulation, only accredited investors who meet the Accreditation Requirements may participate.
(See “accredited investors” to determine if you qualify.)
Management has formulated this offering to provide investors with a quality investment vehicle through the issuance of Convertible Participating Preferred Shares. This offer provides
8% stated cumulative dividend
Compared to current 5-year “jumbo” CDs which offer rates of 0.6% to 2.0%, THINK’s offering is very competitive.
8% aggregate participation of net income
In consideration of the risks involved with a new venture, a payment of 8% aggregate participation of yearly net income is made in addition to the 8% stated cumulative dividend.
5-year “call” protection
Convert Preferred Shares to Common Shares
Much can happen in 5 years, including the possible acquisition by any number of businesses in this market sector. To provide upside protection, investors can exercise a 1 to 12.8 conversion privilege in order to convert their preferred holding to common voting shares any time within the first five years of the offering.
Call price set at 110% of Par Value
Should an investor choose not to convert, THINK has set a call price at 110% of par value.
The minimum purchase amount is 100 shares at a Par Value Price of $100 per share for an aggregate dollar amount of $10,000.