Airsorted was a business that received funds through the Pi Labs Fund campaign that was run through Seedrs.
Airsorted are currently looking to raise up to £2,000,000 from new and existing investors.
This campaign is to effect the pre-emption rights that the investors who invested in the Pi Labs campaign have as shareholders of Airsorted. As it is a pre-emption only campaign, limited information about the company is being provided.
The following documents can be requested from the campaign:
1. An update from the Airsorted team on the progress of the business;
2. Q3 Management Pack; and
3. A letter from the CEO.
Please note that these documents have not been reviewed or verified by Seedrs.
You can ignore the instructions in the letter around how to take up your pre-emption rights. By investing in this campaign you are exercising your pre-emption rights.
Please note that the lead investor in this round will receive preference shares. The preference shares will carry a preference on liquidation, distribution of proceeds or exit equal to 1.3x their initial investment. This is a non participating preference: the preference share holder can choose to participate pro rata alongside ordinary shareholders (eg if this would give them a higher return) OR receive their 1.3x preferential return.