INVEST AND OWN
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General

We are the first Fan-Owned SailGP team and one of the first Fan-Owned professional sports team looking to make history. Our final team name is going to be approved and unveiled by ownership once we close – so in the meantime we are using Fan-Owned SailGP Team as a proxy. Catchy right!

This site is where we are initially taking in owners and allowing for investments, but it will also ultimately house the governance technology, the community and the forum. We will also add NFT sales here. The official team website, like all teams from a sport perspective will be housed at SailGP.com.

DAO Membership

There will up to 1,950 Owners – but there could be less and in addition there is Bernoulli | Locke as the founders who also have equity tokens.

As an owner you will only supply funds once there have been enough commitments to raise the capital needed. Once we have reached those goals we will communicate with everyone and provide a few days for you to be able to submit your investment.

SailGP has worked with us to provide a number of options to compete in the league. As you can imagine there are a lot of timing variables associated with that. We are solely focused on 2023 right now to be a part of Season 4 as originally planned.

Process for Investing

Fanvest.io was to help you hold your spot in line, now you can truly complete the process by setting up your account, signing the necessary documents and completing your validation to ensure we are compliant.

We have tried to keep information required as minimal as possible – and yet there are compliance matters we are trying to ensure we meet.

It may seem like a lot however there are not that many. You basically are entering a confidentiality agreement to access the information, then once you review you can choose to be an investor. Once you’ve selected that path then you are required to complete the Know Your Customer (KYC) and Accredited Investor checks to ensure compliance.

We will be having all the owners complete their funding at the same time when we are prepared to do our closing. We will provide everyone with a few day’s notice so that they can prepare to complete.

Contact: info@fanownedsailgpteam.com

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LEGAL DISCLOSURE/DISCLAIMER

This site and the materials made available through it do not constitute an offer or solicitation in any state or other jurisdiction in which such an offer or solicitation is not authorized. The equity tokens described in the materials have not been registered under the U.S. Securities Act of 1933 (the “Securities Act”), as amended, or the securities laws of any U.S. state or any non-U.S. jurisdiction. The equity tokens are being offered and sold in reliance upon the exemption from the registration requirements of the Securities Act, set forth in Rule 506(c) of Regulation D, and other applicable laws. Each purchaser of the tokens must be (1) an “accredited investor” as defined in Rule 501 under the Securities Act; and (2)(a) an investor permitted under applicable laws; or (b) a U.S. investor. The equity tokens have not been approved or disapproved by the U.S. Securities and Exchange Commission or other regulatory authorities of any country, state or any other relevant jurisdiction, nor have any such authorities passed upon the merits of the equity tokens. A prospective investor must rely on his/her own examination of Fan-Owned Sail Team, LLC (the “Company”), the terms of the offering, including the merits and risks of an investment. Neither the Company nor its representatives is making any representation to any offeree or purchaser of the equity tokens regarding the advisability or legality of an investment under any applicable laws or regulations governing investments. The Company may withdraw or revoke the offering or decline to accept any subscription at any time before a notice of acceptance is provided by the Company to a prospective investor.