The Manhattan Street Fund per unit/share conversion price will increase from $2.20 to $2,80 on Thursday, Aug 19th at midnight Pacific time. If you invest now, your investment into the Convertible Note is planned to convert at $2.20** when the planned Reg A+ goes live at $4 per share\unit.
Complete your investment before midnight on Thursday, Aug 19th to get the $2.20 price.
**Manhattan Street Fund LP intends to raise its first fund via a Reg A+ equity offering. By investing now in this Convertible Note, your investment (if/when Qualified by the SEC) will (at your option) convert into liquid Reg A+ securities at a 45% discount from the $4 Reg A+ price giving you a stepped-up value on your investment.
This is a pre-money valuation of $27.5 mill. The intended pre-money valuation for the Manhattan Street Fund in its Reg A+* at launch is $50 mill.
I look forward to you joining us!