NEW ROUND (10-S) OPEN NOW - Plus Legion M Co-Founders to chat with Mr. Wonderful
For all of you who have been patiently waiting for a chance to invest in Legion M, we're excited to announce that we've opened a FLASH ROUND on StartEngine. This is going to be a quick one – just a few weeks long.
MR. WONDERFUL…
Why now? Why StartEngine? We have a little bit of room left under our SEC-mandated annual fundraising cap … and a really special opportunity.
Next Monday, Paul and Jeff will sit down with Kevin O'Leary (aka Mr. Wonderful) from Shark Tank for a live stream about Legion M. We'll talk about what Legion M has accomplished, where we're headed, and one of the best-known investors in the world will share his thoughts.
This is a daunting opportunity. If you've ever watched Shark Tank you know the name "Mr. Wonderful" is ironic — Kevin is known for his brutal takes and ruthless prioritization of profit above all else. He's generally not a fan of movie investments, and has gone on record as such before.
Are we walking into a lion's den? Maybe. But we're confident in what we're building and enthusiastic about the long-term prospects for Legion M. We also welcome candid feedback from smart people who see things differently. Friction polishes stones.
Either way, we hope you'll join the livestream to cheer us on. We’re also planning a followup Legion M shareholder call to talk everything through and answer any questions you may have.
OFFERING DETAILS
Round 10-S (the S stands for StartEngine) is an extension of our very successful Round 10, which raised just under $3MM in about 3.5 months. This one will be even shorter: less than a month or until we hit our SEC-mandated cap – whichever comes first.
The terms are nearly identical to Round 10 with one major exception — the minimum investment is $500. While this is higher than what we normally offer, this is what StartEngine recommends for their platform.
If $500 is too high of a minimum for you, don't sweat it. We're committed to coming back in the future with another opportunity to invest with a $100 minimum. As a company owned by fans, we want Legion M to be accessible to everyone – no matter the size of your wallet.
BONUS SHARES FOR LEGION M INVESTORS
If you are an existing Legion M investor from any of our previous rounds, you will be eligible for 10% in bonus shares when you invest in Round 10-S. All you need to do is invest under the same email tied to your Dealmaker account (typically the email you originally invested under — unless you've changed it). The bonus shares will appear during checkout – if you are not seeing them please contact team@legionm.com.
Also, if you invest in the first two weeks, you get an additional 10% bonus, which means you can get 20% total bonus shares in addition to any shares you get based on your investment amount or StartEngine Venture Club membership.
WHAT'S NEXT
This is an exciting time for Legion M. Fackham Hall hits theaters December 5th. We've got a movie in post production (Fade to Black), a film-fund in development, and some big announcements to make about Defiant. And that's just the stuff we can talk about!
Hopefully you'll be able to join us for the Kevin O'Leary livestream. If not, please keep an eye out for details on our shareholder call.
NO PRESSURE
Hopefully this goes without saying, but you should never feel any pressure to invest in Legion M. If you are an existing investor, we're incredibly thankful — you are responsible for getting Legion M where it is today.
If you are a free member who's not ready to invest, that's fine too. We're excited to have you as part of our movement.
To all those who will be investing in Round 10-S, THANK YOU. The money we raise is critical to continue building and leveling-up within the industry.
The bigger Legion M gets, the more powerful we become. We're already too big to ignore. Here's to becoming too big to stop.
Onward and Upward,
Paul Scanlan and Jeff Annison
Co-Founders, Legion M
PS — Questions? As always, you can email team@legionm.com anytime or post them at legionm.com/questions for potential inclusion in future updates.
RISK VS. REWARD
Early stage investments like Legion M are speculative, illiquid and involve a high degree of risk. Most small businesses fail, so you should never invest more than you can afford to lose (not in Legion M or any startup).
That said...companies that succeed can go on to change the world. If you're ready to take a shot at making history, we'd love to have you aboard our moonshot!
This Reg CF offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Legion M has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here.