‹ ALTSeek Search

ReachBenefits (01-15), LLC

Solidaris Capital · Sell / Charitable Donation - Contract Rights

Program Overview

Sell / Charitable Donation - Contract Rights
ReachBenefits (01-15), LLC
NRNot Rated
Peer Group Filters
Objectives
Capital PreservationTax Advantaged
Asset Class
Other
Vehicle
LLC
Sponsor/Manager
Investment Manager
Issuer
ReachBenefits (01-15), LLC
Issuer Legal Structure
Wyoming Limited Liability Company
Program Life Structure
Finite
Program Hold Period
~4 years
Strategy Risk/Return Profile
Speculative
Managing Broker-Dealer
Scale
~2,097,375 WWP 12-month subscriptions (about 139,825 per SPV) targeted, not yet acquired
Tax Opinion
No Opinion Given other
Maximum Offering
$75,000,000
Minimum Investment
$100,000
Class B Units (InvestCo SPV membership interests) · waivable
Strategy Overview

The Company comprises 15 InvestCo SPVs, each offering up to $5,000,000 of Class B Units, that acquire 99% of HoldCo SPVs from Refresh Software, Inc., each holding about 139,825 12-month single-user subscriptions to the Workforce Wellness Platform, a SaaS wellness platform for frontline workers. After the Offering closes, Investors vote by majority to sell the subscriptions to retail purchasers or donate them to a public charity for a potential charitable deduction based on appraised fair market value. Prior WorkPerks programs elected to donate.

Subscribe to Ratings ALTSeek Ratings, securities and terms and the full diligence record are available with a subscription. Subscribe to Ratings Already subscribed? Sign in again