Introduction The deal note (Deal Note) has been prepared to provide additional disclosures in relation to an Investment Option in the Syndicate. It forms part of, and should be read in conjunction with, the Information Memorandum (IM) for the Syndicate. If there are inconsistencies between the IM and The deal note, the Deal Note will prevail. The Deal Note is prepared by Aussie Angels Pty Ltd (Aussie Angels) as trustee of the Syndicate. You should consider the information in the IM and the deal note and obtain financial advice tailored to your personal circumstances when making a decision about the Syndicate. The information in The deal note is general information only, is not financial product advice and does not take account of your personal financial situation or needs.
Offer This offer is only open to wholesale clients as defined in section 761G (7) of the Corporations Act 2001 (Cth) (Act) or sophisticated investors (as defined in section 761GA of the Act) (Investors). This offer is only open to Investors who receive the deal note in Australia and does not constitute an offer in any place in which, or to any person to whom, it would not be lawful to make such an offer.
Accuracy and completeness of information The deal note was drafted on the basis of information provided to us by the startup or other persons and does not purport to contain all the information that a prospective investor may require when considering investing in the Syndicate. Although care has been taken in preparing the information in the deal note, Aussie Angels expressly disclaims any responsibility for the completeness or accuracy of information contained in it. Recipients are invited to conduct their own due diligence and to satisfy themselves of any facts or information. Aussie Angels has not independently verified the reliability, accuracy or completeness of the information described in The deal note or sought to determine whether any further documents or information exist relating to the matters reviewed. In respect of any comments made or opinions expressed, Aussie Angels has assumed, unless expressly mentioned otherwise, that the information provided is reliable, accurate and complete. Aussie Angels has not conducted any independent investigations or enquiries to determine whether any entity or person mentioned in this document, or any other entity or person is in compliance with any requirement which may be imposed on it or her/him under any legislation, regulation, license, contract or other legal obligation.
Confidentiality The deal note is confidential and is provided to prospective investors for them to consider investing in the Syndicate. Its use for any other purpose is not permitted. It must not be reproduced or redistributed, in whole or in part, and its content should not be disclosed to anyone.
Forward looking statements The deal note may contain forward-looking statements. Words such as ‘believe’, ‘expect’ or other words and phrases with a similar meaning, involve risk and uncertainty. Neither, Aussie Angels, nor any other person guarantees the performance of the Syndicate, the repayment of capital from the Syndicate or any rate of return. Any forecasts, estimates or forward-looking statements are not guarantees of future performance and involve both known and unknown risks, uncertainties, assumptions and other important factors that are beyond the control of Aussie Angels or any other person.
Glossary Certain capitalised words and expressions used in the deal note are defined in the IM. All dollar amounts are in Australian dollars (AUD), unless otherwise stated.
Changes The deal note was prepared on the date specified on its cover and unless otherwise expressly agreed with Aussie Angels, will not be updated with matters coming to Aussie Angels' attention after this date.
Information in the deal note may change from time to time without notice.
When you complete an application to invest, you make the following acknowledgements and declarations:
Syndicate documents I/We have received, read, understood and agree to be bound by:
- the IM relating to the Syndicate;
- the Deal Note applicable to the Investment Option in which I/We are applying to invest;
- the Constitution of the Syndicate, each as amended from time to time.