Bonus shares are a type of perk or benefit that issuers sometimes offer their investors as a further incentive to invest in their company. These shares are calculated as a percentage of the base investment amount and are added to the total shares owned by the investor.
Calculation Methodology
Structure One - Time Based Bonus Shares:
This is a bonus share structure based on time of investment.
For example, if an issuer is offering bonus shares to any investor who invests before January 1, 2024 and an investor funds their investment on December 31, 2023, that investor is eligible for bonus shares.
Important Notes
The date which DealMaker Shareholder Services uses to determine eligibility must be based on Funding date.
All dates on DealMaker.Tech platform are based on UTC timing.
The issuer can have up to five tiers.
Structure Two - Amount Based Bonus Shares:
This is a bonus share structure based on investment amount.
For example, if an issuer is offering bonus shares to any investor who invests more than $5,000 USD and an investor completes an investment for $5,001 USD, they will be eligible to receive bonus shares.
Important Notes
If an investor completes multiple investments, they will not receive the bonus share tier based on their sum investment.
The issuer can have up to five tiers.
Structure Three - Combined Time and Amount Based Bonus Shares:
You can combine time and amount based bonus shares.
For example, an issuer can offer bonus shares to any investor who invests before January 1, 2024 and at the same time offer that any investor who funds their investment on December 31, 2023, is eligible for bonus shares.
For example, if an issuer is offering both time and amount based bonus shares:
Any investor who completes their investment before January 1, 2024 is eligible to receive 10% bonus shares
Any investor who invests more than $5,000 USD is eligible to receive 20% bonus shares.
Our system is able to combine the bonus shares such that the investor would receive 30% bonus shares. Alternatively, we are able to select for the greater of the two options such that the investor would receive 20% bonus shares (the amount based).
We can implement a maximum amount of bonus shares (percentage-based) that an investor can qualify for in the combined package so that publicly disclosed maximums can be satisfied.
Eligibility Criteria & Timing of Bonus Share Addition
You see your eligible bonus shares/perks from the landing page, through checkout, and into their subscription agreement.
Volume tier thresholds appear as preset investment amounts for easier selection
Checkout summary clearly displays all eligible perks and total shares
Subscription agreement reflects accurate perk information
Volume perks show a notification that final bonus shares will be applied at offering close