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Form C – Draft Preparation

This draft Form C is intended to help R. Block Nation prepare for official filing via a FINRA-regulated funding portal. Final submission will be handled by the portal after issuer submission and review.

🏢 Issuer Details

  • Name: R. Block Share Holdings, LLC
  • DBA: R. Block Nation
  • Entity Type: Limited Liability Company (LLC)
  • State of Formation: [Your State]
  • Website: https://rblocknation.com
  • Contact Email: contact@rblockholdings.com

📈 Offering Summary

  • Offering Type: Regulation CF
  • Securities Offered: Non-voting, tokenized Class B membership interests
  • Valuation Cap: $4.33M (post-money, based on $1M net raise)
  • Target Gross Raise: Up to $1.2M
  • Target Net Proceeds: ~$1M after fees
  • Minimum Investment: [TBD by portal]
  • Security Type: Digital security token representing equity
  • Lockup Period: 12 months (Reg CF required)

💰 Use of Proceeds

See: cf-use-of-proceeds.md

A summary of use of proceeds includes:

  • Platform backend and smart contracts
  • Marketing + roadshow
  • Legal & compliance costs
  • Operational runway
  • Initial hires

⚠️ Risk Factors

  • Early-stage technology risk
  • Regulatory risk related to tokenized securities
  • Market adoption uncertainty
  • Potential for dilution in future rounds
  • Dependence on third-party partners (e.g., escrow, compliance)

📊 Financials

  • Fiscal Year End: [Month]
  • Financials for prior 2 years (GAAP) will be included upon submission
  • CPA review required due to offering amount over $124K

🧠 Team and Ownership

  • Founder: Lester Sawyer (Class A)
  • Founder Ownership: 76.92%
  • Governance: Class A only
  • Advisors: Up to 5% allocated from founder pool
  • Cap Table & Equity: See Cap Table

📝 This Form C draft will be finalized in coordination with the selected funding portal and legal team.