An Athlete Offering is a securities offering by a specific Series of Agentiq Sports 1 Series LLC. Investors do not purchase the athlete, an athlete’s employment contract, or Agentiq as a whole.
The security
If a subscription is accepted, the investor purchases Units of limited liability company membership interest in the applicable Series. That Series holds contractual rights under a Brand Advisory Agreement to receive defined Brand Amounts, subject to the agreement’s terms. Unit holders are not parties to that agreement and cannot enforce it directly.
Before investing
Review the applicable Offering Circular and subscription agreement for:
the legal structure and Unit terms;
the applicable Brand Amount definition and agreement term;
offering price, minimum subscription, fees, and use of proceeds;
risk factors and conflicts of interest;
investor eligibility, limits, and jurisdictional restrictions; and
the plan of distribution and conditions for subscription acceptance.
Any Help Center or offering-page summary is subordinate to the Offering Circular.
Subscription status
A submitted subscription is subject to KYC/AML review, investor eligibility, lawful jurisdiction, the subscription agreement, cleared funds, and acceptance by the applicable Series. Andes Capital Group, LLC acts on a best-efforts basis and does not assure that any amount of Units will be sold.
Distributions and resale
When the athlete earns qualifying compensation at the highest applicable professional level, the Brand Amounts payable to the Series are generally expected to equal the applicable Brand Percentage multiplied by the athlete’s gross qualifying earnings before athlete-level taxes, as defined in the Brand Advisory Agreement. After the Series receives those amounts, distributions to Unit holders are expected to occur quarterly, on a pro rata basis, from available Free Cash Flow. Series operating fees and expenses are currently expected to be negligible relative to the Brand Amounts received, but actual expenses, taxes, reserves, other obligations, timing, and Manager discretion may affect the amount available. Distributions are not guaranteed, and the Offering Circular controls.
No public trading market currently exists. A future approved ATS may be pursued, but launch, access, execution, liquidity, and resale pricing are not guaranteed.
SEC qualification permits sales of the qualified offering. It does not mean the SEC approved, recommended, or endorsed the Units or determined that they are suitable. Investors may lose their entire investment.