With this second investment offering, we’re opening up approximately 11.4% of our company’s equity to our Community.
PICKLEBALL SUPERSTORE
COMMUNITY OWNED, COMMUNITY FOCUSED
Thank you for considering an investment in Pickleball Superstore. In late July 2023, we launched our first RegCF offering. The offering was highly successful selling out in a few weeks. We are grateful for all of those who chose to invest. We now have Pickleball Superstore Investors and Team Members in 41 states! That’s so exciting for us given our grassroots, community focused strategies.
Since then, we’ve continued to execute to grow Pickleball Superstore. We’ve forged a strong relationship with the APP and we are their exclusive online retailer. We were the title sponsor for the APP Philadelphia Open – which was amazing. We continue to work with the APP and are very excited about our engagement programs for 2024. Additionally, we aligned with Tyson McGuffin, Sarah Ansboury, PPR, Building Pickleball and a variety of pickleball content influencers.
We also invested in technology, launching our proprietary SuperAffiliate Program. It’s the most robust and lucrative affiliate program offered within the pickleball industry. In the first couple months, we have over 500 SuperAffiliates enroll in over 35 states. More community engagement! Our main focus here is to reward pickleball players with sales commissions – we’d rather pay our community members than Google and Meta. Reinvesting in pickleball players further helps our sport (and company) grow!
Another set of strategies we executed since our first RegCF offering focused on alliances. We made several and look forward to implementing them in 2024. One of our alliances is with PicklePlay. Their pickleball court data now powers our COURT LOCATOR on our website. We love working with them and encourage our community to support them as well.
We all know that pickleball is fun, social and growing like crazy, but did you know you can invest in one of the best companies in the hottest sports on the planet? By joining us as owners of Pickleball Superstore, Inc. you can be part of the financial growth of pickleball, while receiving special owner perks and even the ability to make more money by referring your fellow picklers to buy from Pickleball Superstore.
Let’s build something special – TOGETHER!
Steve, Ted & Pat
Founders of Pickleball Superstore, Inc.
Become Part of Something Awesome
You can be an owner of Pickleball Superstore for as little as $125. Limited shares available.
Owners may receive special perks and join the movement of building Pickleball Superstore together.
LIMITED OFFERING
Approximately 64,000 shares of Pickleball Superstore are available for this community-funding offering. Each share is priced at $12.50 and there is a minimum $125 investment (10 shares).
All shares are issued and managed electronically through a compliant and regulated platform – KoreConX.
OWNERSHIP PERKS
As an owner, we also encourage your to join out SuperAffiliate Program. Here you can get a Friends and Family Referral Code / URL. This code is unique to each investor and gives your friends 10% off every order*, plus 10% commissions to you. Sharing your code / link helps Pickleball Superstore continue to grow.
*Some products are excluded from the SuperAffiliate Program
$1K+ INVESTORS
$1k+ investors will also receive a Pickleball Superstore branded gear.
$2.5k+ INVESTORS
For those who invest $2.5k or more, on top of the other perks, you will also receive 5% bonus shares.
DEAL TERMS
This community-ownership financing round is an exciting opportunity to become an owner of a rapidly growing pickleball store. Below are the elements of this secure / compliant RegCF financing.
For more information, click on these links to view our Form C: Edgar Filing or PDF of the Filing.
Shares
Available
$125 Min Investment
Shares for
$2,500
Investment
How Investing Works
The process to become an owner is all handled through a robust, secure and fully compliant online platform. We’ve selected the best of the best platform – because that’s what we, and you, expect.
You’ll follow an online application process via the “INVEST NOW” button link, where you’ll enter your information. You can pay via credit card or ACH. Let’s go!
USE OF PROCEEDS
The majority of the capital will be used to scale the company’s growth. We will increase our inventory positions on our top selling items, then we will ramp up our marketing and brand-building efforts.
We love the grass-roots aspects of the pickleball community. Friends and family playing games in the streets in front of their homes, at local parks, for charity fundraising events, at schools, at clubs, and in tournaments. Pickleball is fun, social and of course, competitive.
Let’s spread the word TOGETHER about pickleball and outfit everyone with gear from Pickleball Superstore!
PARTNERS IN OUR RAISE
There are several layers of people, processes and systems required to conduct a community ownership fundraising round. At Pickleball Superstore, we’ve decided to align with industry leading organizations.
TRANSFER AGENT
BROKER DEALER
ESCROW FACILITATOR
NOTE: Due to the governance and compliance required for this capital raise, this page is managed and controlled by Andes Capital Group, LLC. For any questions related to the process or compliance of the raise, feel free to contact Andes Capital Group.
Andes Capital Group
205 West Wacker Drive, Suite 610, Chicago, IL 60606
[email protected] or (312) 376-4510
Frequently Asked Questions
Why is Pickleball Superstore raising money?
We want to share our company growth opportunity with the greater pickleball community. Maturing industries like pickleball don’t happen very often – we believe including more people as owners of our company will help us all build the #1 store in the world. We are very excited to grow Pickleball Superstore through grassroots, player to player engagement.
What will the money raised be used for?
The majority of the capital will be used to scale the company’s growth. We will increase our inventory positions on our top selling items, then we will ramp up our marketing and brand building efforts.
How does investing work?
When you complete your investment, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until our company accepts it. Once we accept your investment and certain regulatory procedures are completed, your money will be transferred from the escrow account to our company in exchange for your securities. At that point, you will be a proud shareholder in Pickleball Superstore, Inc.
How much can I invest?
Our company has set a minimum $125 USD investment per investor.
Anyone can invest in a Regulation Crowdfunding offering. Because of the risks involved with this type of investing, however, you may be limited in how much you can invest during any 12-month period in these transactions. If you are an accredited investor, then there are no limits on how much you can invest.
For Non-Accredited Investors (most fall into this category) the limitation on how much you can invest depends on your net worth and annual income.
- If either your annual income or your net worth is less than $124,000, then during any 12-month period, you can invest up to the greater of either $2,500 or 5% of the greater of your annual income or net worth.
- If both your annual income and your net worth are equal to or more than $124,000, then during any 12-month period, you can invest up to 10% of annual income or net worth, whichever is greater, but not to exceed $124,000.
An accredited investor, in the context of a natural person, includes anyone who:
- earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
- has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
- holds in good standing a Series 7, 65 or 82 license.
What will I need to submit my application for an investment?
To invest, you will need the following information available:
– Peronsal information
– Banking information
– Answering some questions so our extended compliance team can perform an in-depth KYC (Know Your Customer) background check
How can I pay for my investment?
You can pay for your investment using a credit card, via an ACH or via a wire transfer from your bank account.
What is a Form C?
A Form C is a document our company must file with the Securities and Exchange Commission (“SEC”), which includes basic information about the company and our offering and is a condition to making a Reg CF offering available to investors. Before making any investment decision, it is highly recommended that prospective investors review our Form C filed with the SEC (included under our Deal Terms) before making any investment decision.
What is a RegCF?
Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise to $5 million from all Americans. Prior capital raising options limited private companies to raise money only from accredited investors, historically the wealthiest ~2% of Americans. Reg CF allows companies to raise funds online from their early adopters and the crowd like a Kickstarter campaign. However, instead of providing investors a reward such as a t-shirt or a card, investors receive securities, typically equity, in the startup companies they back.
What is my ongoing relationship with Pickleball Superstore?
After investing in our Reg CF, you are a partial owner of our company! But more importantly, our company will file information with the SEC and post it on our websites on an annual basis after raising money via Regulation CF. In addition to that, as a shareholder, you will be receiving dedicated yearly updates as it is essential for us to keep our shareholders educated and informed about the progress of our company and investment. This annual report will include information similar to our initial Reg CF filing and key information that we want to share with our investors to foster a dynamic and healthy relationship.
Will dividends be paid to investors?
The company Board of Directors will consider whether to issue dividends or not at an appropriate time. Currently, the Board of Directors has not approved a dividend program.
How can I sell my Pickleball Superstore securities in the future?
At the moment, there is no market or liquidity for these securities. Currently, our company does not plan to list these securities on a national exchange or another secondary market. Our company may choose to do so at some point, but until then, you should plan to hold your investment for a significant time before a “liquidation event” occurs. A “liquidation event” is when our company either lists our securities on an exchange, is acquired or under very unfortunbate curcumstances, our company goes bankrupt.
There is a way to transfer your shares via a private sale, however this will require additional processes, etc. Please contact us for additional information.
What are the expected returns for my investment?
Because this is an SEC-qualified offering, we cannot predict or comment on expected returns for future earnings. While we cannot assure you of the return on our securities, you can review the explosive growth of the pickleball industry for which we endeavor to be a major online store.
Where is Pickleball Superstore located?
We operate our own warehouse in Tustin, CA. Our warehouse includes over 2,000 pickleball items (paddles, balls, bags, shoes, grips, eyewear, etc.). It’s important to us to operate our own warehouse as that helps us provide the best customer service possible to our community.
312-376-4510
IMPORTANT NOTICE
IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF PICKLEBALL SUPERSTORE, INC. (THE “COMPANY”) AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. ALL INVESTORS SHOULD READ THE OFFERING MEMORANDUM PROVIDED IN CONJUNCTION WITH THIS OFFERING. INVESTMENTS OPPORTUNITIES POSTED ON THIS WEBSITE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT. THE COMPANY IS NOT A BROKER/DEALER, DOES NOT OFFER INVESTMENT ADVICE OR RECOMMENDATIONS WITH RESPECT TO ANY SECURITIES. THIS OFFERING UNDER REGULATION CROWDFUNDING IS BEING CONDUCTED THROUGH ANDES CAPITAL GROUP, LLC (“ANDES CAPITAL”), MEMBER OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY (“FINRA”). ALL SECURITIES POSTED ON THIS WEBSITE ARE OFFERED BY, AND ALL INFORMATION INCLUDED ON THIS SITE IS THE RESPONSIBILITY OF, THE COMPANY. ANDES CAPITAL CANNOT VERIFY THE ADEQUACY, ACCURACY OR COMPLETENESS OF ANY INFORMATION. NEITHER ANDES CAPITAL NOR ANY OF ITS OFFICERS, DIRECTORS, AGENTS, AND EMPLOYEES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, OF ANY KIND WHATSOEVER RELATED TO THE ADEQUACY, ACCURACY OR COMPLETENESS OF ANY INFORMATION ON THIS SITE OR THE USE OF INFORMATION ON THIS SITE. ANDES CAPITAL, IS A BROKER-DEALER REGISTERED WITH THE SEC AND MEMBER FINRA / SIPC. FINRA ’S BROKERCHECK. THE COMPANY AND ANDES CAPITAL ARE INDEPENDENT AND UNAFFILIATED ENTITIES.
FORWARD-LOOKING STATEMENTS
ALL STATEMENTS, OTHER THAN STATEMENTS OF HISTORICAL FACT, CONTAINED ON THIS WEBSITE CONSTITUTE “FORWARD-LOOKING STATEMENTS” AND ARE BASED ON THE REASONABLE EXPECTATIONS, ESTIMATES, AND PROJECTIONS OF THE COMPANY AND THE COMPANY’S MANAGEMENT AS OF THE DATE OF LAUNCHING THIS WEBSITE. THE WORDS “PLANS,” “EXPECTS,” OR “DOES NOT EXPECT,” “IS EXPECTED,” “BUDGET,” “ANTICIPATES”, “SCHEDULED,” “ESTIMATES,” “FORECASTS,” “INTENDS,” “ANTICIPATES,” OR “DOES NOT ANTICIPATE,” OR “BELIEVES,” OR VARIATIONS OF SUCH WORDS AND PHRASES OR STATEMENTS THAT CERTAIN ACTIONS, EVENTS OR RESULTS “MAY,” “COULD,” “WOULD,” “MIGHT,” “WILL” OR “WILL BE TAKEN,” “OCCUR” OR “BE ACHIEVED” AND SIMILAR EXPRESSIONS IDENTIFY FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS INCLUDE, WITHOUT LIMITATION, STATEMENTS REGARDING OUR PROJECTED NUMBER OF SALES, REVENUES, VALUATION, INVESTMENT RETURNS, EXPECTED CUSTOMER DEMAND, AND THE COMPANY’S BUSINESS STRATEGY. FORWARD-LOOKING STATEMENTS ARE NECESSARILY BASED UPON A NUMBER OF ESTIMATES AND ASSUMPTIONS THAT, WHILE CONSIDERED REASONABLE BY THE COMPANY’S MANAGEMENT AS OF THE DATE OF SUCH STATEMENTS, ARE INHERENTLY SUBJECT TO SIGNIFICANT BUSINESS, ECONOMIC AND COMPETITIVE UNCERTAINTIES, AND CONTINGENCIES. THE ESTIMATES AND ASSUMPTIONS CONTAINED ON THIS WEBSITE, WHICH MAY PROVE TO BE INCORRECT, INCLUDE, BUT ARE NOT LIMITED TO, THE VARIOUS ASSUMPTIONS OF THE COMPANY SET FORTH HEREIN. KNOWN AND UNKNOWN FACTORS COULD CAUSE THE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. SUCH FACTORS INCLUDE, BUT ARE NOT LIMITED TO, OUR SUCCESS IN RAISING CAPITAL THROUGH OUR REGULATION CF OFFERING, OUR PROJECTED TIME FRAMES, CHANGES IN DEMAND, INDUSTRY COMPETITION, LEGISLATIVE, FISCAL, AND REGULATORY DEVELOPMENTS, ECONOMIC AND FINANCIAL MARKET CONDITIONS, INCLUDING BUT NOT LIMITED TO THE CURRENT COVID-19 GLOBAL PANDEMIC. MORE INFORMATION ON THE FACTORS, RISKS, AND UNCERTAINTIES THAT COULD CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES IS INCLUDED IN OUR FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING IN THE “RISK FACTORS” SECTIONS OF OUR OFFERING STATEMENT ON FORM 1-A. MANY OF THESE UNCERTAINTIES AND CONTINGENCIES CAN AFFECT THE COMPANY’S ACTUAL RESULTS AND COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED IN ANY FORWARD-LOOKING STATEMENTS MADE BY OR ON BEHALF OF THE COMPANY. THERE CAN BE NO ASSURANCE THAT FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. ALL OF THE FORWARD-LOOKING STATEMENTS MADE ON THIS WEBSITE ARE QUALIFIED BY THESE CAUTIONARY STATEMENTS. THESE FACTORS ARE NOT INTENDED TO REPRESENT A COMPLETE LIST OF THE FACTORS THAT COULD AFFECT THE COMPANY. THE COMPANY DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, EXCEPT TO THE EXTENT REQUIRED BY APPLICABLE LAW OR REGULATION. THE INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS AS THEY ARE MEANT FOR ILLUSTRATIVE PURPOSES AND DO NOT REPRESENT GUARANTEES OF FUTURE RESULTS, LEVELS OF ACTIVITY, PERFORMANCE, OR ACHIEVEMENTS. THE MANAGERS HAVE DEVELOPED A BUSINESS PLAN TO GROW THE COMPANY RAPIDLY. HOWEVER, WE SUGGEST INVESTORS CAREFULLY READ OUR OFFERING CIRCULAR AND UNDERSTAND THE RISKS ASSOCIATED WITH INVESTING IN AN EARLY-STAGE COMPANY.
REFUND POLICY
YOU MAY CANCEL YOUR INVESTMENT AT ANYTIME, FOR ANY REASON UNTIL 48 HOURS PRIOR TO A CLOSING OCCURRING. IF YOU HAVE ALREADY FUNDED YOUR INVESTMENT AND YOUR FUNDS ARE IN ESCROW, YOUR FUNDS WILL BE PROMPTLY REFUNDED TO YOU UPON CANCELLATION. TO SUBMIT A REQUEST TO CANCEL YOUR INVESTMENT PLEASE EMAIL [email protected] WITH REFERENCE TO YOUR INVESTMENT DETAILS AND YOUR CONTACT INFORMATION.