Florida Invest Local Exemption Dashboard

Disclosure Statement

This offering is made under Florida Statute 517.0612 (a Section 3(a)(11) intrastate offering). Securities are not registered under federal or state law and are subject to resale restrictions under SEC Rule 147/147A.

Funds will be held in a dedicated account until the target offering amount is met. Investors may rescind their purchase within 3 days of tendering consideration.

Neither the SEC nor any state securities commission has approved or disapproved these securities. Any representation to the contrary is a criminal offense.

517.0612 Florida Invest Local Exemption

  1. This section may be cited as the “Florida Invest Local Exemption.”
  2. Registration provisions of s. 517.07 do not apply to transactions under this section; however, they remain subject to s. 517.301.
  3. Offerings must comply with federal intrastate exemptions under SEC Rule 147 or 147A.
  4. The issuer must be a for-profit Florida entity and may not be:
    • An investment company under the Investment Company Act of 1940
    • Subject to SEC reporting under the Securities Exchange Act of 1934
    • Undefined in business purpose or planning
    • Disqualified under s. 517.0616
  5. Total consideration from all sales may not exceed $500,000, minus prior 12-month sales.
  6. Issuer may not accept more than $10,000 from a single purchaser unless:
    • Purchaser is accredited
    • Purchaser is an officer, director, or 10%+ equity holder
    Related persons and entities must be treated as a single purchaser.
  7. General advertising is permitted but must state the offer is limited to Florida residents. Misstatements or omissions are enforceable.
  8. Disclosure statement must be provided at least 3 business days before any binding commitment. It must include:
    • Issuer identity and contact info
    • Management team details
    • Business description
    • Security description
    • Offering amount and target
    • Use of proceeds
    • Rescission and refund terms
    • Resale restrictions under SEC Rule 147/147A
    • Sales agents and bank info
    • SEC and state commissions have not approved these securities. Any representation to the contrary is a criminal offense.
  9. Investor funds must be deposited in a Florida-authorized bank. No withdrawals until target amount is met.
  10. Issuer must file a notice with the Office at least 5 business days before the offering begins. Material changes require amendment within 3 business days.
  11. Unregistered agents may not:
    • Receive compensation for solicitation
    • Take custody of investor funds or securities
  12. Sales are voidable within 3 days of first tender of consideration. Notice must be sent via email or documented delivery.

Target Offering: $10,000.00

Maximum Offering: $500,000.00

Current Raised: $491,000.00

Investor Intake