It takes a long time to create an animated film. We expect to release the movie in 2025.
Angel Studios is our distribution partner. They are the studio platform responsible for bringing you The Chosen, Dry Bar Comedy, The Tuttle Twins, and more.
No. Although no law limits the minimum amount of money you can invest, transaction costs related to the purchase of the stock and ongoing maintenance make accepting investments less than $100 unreasonable.
You may invest as many times as you would like until you reach your investment limit under Regulation A
As part of Regulation A, we are required to file a minimum of semi-annual reports with the Securities and Exchange Commission (SEC). We will send out regular investor updated via email to let you know all the latest news of the company and new filings with the SEC.
The number of Preferred Units and Common Units are maintained by us and recorded in our transfer agent’s Company register. The Offered Units will be distributed electronically to investors via our transfer agent, Vertalo.
Every country has its own securities laws. We are offering this Regulation A round under the laws of the US and so we know what we need to do to allow US citizens to invest and be compliant with those laws. We don't have the resources to be able to identify and comply with the securities laws in other jurisdictions, so we limit investments to US citizens.
Slingshot USA, LLC is selling up to 30,000,000 Preferred Units in this Regulation A round for $1.25 per Unit.
Yes. As an owner of Preferred Units, you are entitled to your share of profits of DAVID enough to both create future episodes and make distributions of available funds as determined by the Managers of Slingshot USA, LLC in their sole discretion. Before making any distributions to the Common Unitholders, distributions will first be made to the Preferred Unit holders until they receive a cumulative return of one hundred twenty percent (120%)% of their initial capital contribution. Once the Preferred Unit holders have received a total of one hundred twenty percent (120%) of their initial capital contribution, further profits will be distributed in proportion to the Member's Membership Interest. "Unit" means a portion of the Company's Membership Interests, including any Common Units and Preferred Units. All Units represent an equal portion of Membership Interests. The amount of Membership Interest represented by a Unit shall be equal to a fraction, the numerator of which is one (1) and the denominator of which is the number of all issued and outstanding Units of the Company.
Shows and films generate income from movie distribution, which ultimately can be through streaming sites, theatrical ticket sales, DVD rentals and sales, fees from TV stations, and international distributors purchasing the rights. It is planned that DAVID will be distributed globally through Angel Studios' streaming service. Down the road, it will potentially be distributed on television through multiple channels, other streaming platforms, and DVDs as well as generating revenue through other ancillary products.
No. Investment in early-stage companies/shows is extremely risky, and you should consult with your independent financial advisor before making a decision on whether you want to invest. In any case, you should never invest more than you could afford to lose!
Unlike securities purchased on a stock market, such as the NYSE or Nasdaq, there is no public market for units in Slingshot USA, LLC. Therefore, it is highly unlikely you will be able to SELL your investment. However, you may receive distributions of cash from Slingshot USA, LLC if DAVID has earned enough profit both to create future episodes and make distributions of available funds as determined by the Managers of Slingshot USA, LLC in their sole discretion.
Our ability to offer our Units to the public is possible due to legislation known as the Jobs Act. This law limits the amount that investors can purchase based on your annual revenue and net worth. There is no limit, however, if you are an accredited investor. If you have additional questions regarding this limit, feel free to ask in our Q&A tool at the bottom of the main page of this offering.
Because you’re making an investment and not a donation. The escrow agent is subject to banking regulations when they hold your money, and ownership is tracked by social security number.
There is no subscription plan to buy securities recurringly.and all purchases of our securities are a one- time payment. Subscribers are simply other investors that have purchased the securities. A "subscription agreement" is a legal term for the contract between an investor (you) and the issuer (us);), it details the offering of securities and explains your rights and responsibilities when deciding to purchase our securities. Please note that signing a subscription agreement does not guarantee we will accept your investment. Our Broker-Dealer is required to review investor information, including KYC (Know Your Customer) data, AML (Anti-Money Laundering) and OFAC compliance background checks. These checks or other risk-mitigating procedures we have in place could prevent us from accepting a specific investor's investment. Purchases not accepted will be returned in full to the subscriber.
Yes, we are happy to accept ACH transactions.
Yes, you can now invest from one of these entities. Just select that option when moving through the checkout process.
Yes, but only for those investors investing greater than $50,000 due to the high processing fee of wires.
Invest $100 or more
Regular Newsletter Updates
Get regular, periodic updates from the David team to your inbox.
Invest $250 or more
Streaming Credit Roll Mention
Your name listed in the credits of the streaming version of David. Plus all previous perks.
Invest $500 or more
Full Credit Roll Mention
You name listed in the Cinema version credit roll. Plus all previous perks.
Invest $1,000 or more
Quarterly Video Updates
Receive quarterly video updates from the directors and producers of David. Plus all previous perks.
Invest $2,000 or more
Director's Cut of Trailer
Receive exclusive digital access to the Director's Cut of David's trailer prior to the film's release and other bonus video content. Plus all previous perks.
Invest $5,000 or more
Signed Film Poster
Receive a signed copy of the David film poster. Plus all previous perks.
Invest $10,000 or more
Receive a signed copy of a shooting script. Plus all previous perks.
Invest $20,000 or more
Behind the Scenes Book
Receive a Behind-the-Scenes coffee-table book with art and research for David. Plus all previous perks.
Invest $50,000 or more
Limited Edition Canvas
Receive a limited edition canvas print from selected development art from David. Plus all previous perks.
Invest $100,000 or more
Associate Producer Credit
Receive an associate producer credit that will be included in listings on IMDB. Plus all previous perks.
Invest $300,000 or more
Executive Producer Credit
Receive an executive producer credit that will be included in listings on IMDB. Plus all previous perks (except the associate producer credit).
Invest $500,000 or more
Invitation to World Premiere
Receive an invitation to the World Premiere of David (you will have to cover the cost of travel and room and board). Plus all previous perks (except the associate producer credit).