Future Team Sales
FUTURE TEAM SALES
Subject to qualification under Regulation A of Section 3(b) of the Securities Act of 1933, as amended, for Tier 1 offerings (hereinafter referred to as the "Regulation A+ Offering"), NFT Owners will receive 40% of the net sale proceeds (to be determined at the time of sale) generated from future sales of their team. These net proceeds shall be divided equally among the NFT owners..
In the event that the Regulation A+ Offering is qualified/approved by the SEC, current NFT owners who satisfy the requirements set forth in Regulation A will be airdropped (issued) a new NFT Sports Zone NFT.
YOU HEREBY ACKNOWLEDGE, UNDERSTAND AND AGREE THAT THE CURRENT NFT BEING OFFERED FOR SALE DO NOT CONFER UPON YOU ANY EQUITY INTEREST IN NFT SPORTS ZONE OR ANY TEAM ASSOCIATED WITH NFT SPORTS ZONE NOR ARE YOU ENTITLED AS AN OWNER TO ANY PROFITS DERIVED FROM THE OPERATIONS OF NFT SPORTS ZONE DAO LLC OR ANY OF THE TEAMS ASSOCIATED WITH NFT SPORTS ZONE OTHER THAN IN CONNECTION WITH THE SALE OF YOUR TEAM.
YOU FURTHER ACKNOWLEDGE THAT YOUR DECISION TO PURCHASE AN NFT SPORTS ZONE NFT IS NOT BASED UPON ANY EXPECTATION OF APPROVAL OF THE REGULATION A+ OFFERING OR ANY PROMISE OR GUARANTY THAT SUCH REGULATION A+ OFFERING WILL, IN FACT, BE APPROVED.
Last updated