Frequently Asked Questions

We believe in building a better way, and that happens through community. Simply put, our community is why we exist. As a B Corp we also believe in transparency and raising the standards within the fashion industry, and our community support is the backbone of Parker Clay. Thanks to Regulation A+, our entire community can be part of this with us and hold a stake in what we are building at Parker Clay. We also believe in the democratization of finance, and want our customers, partners, and communities to have access to invest, because it's you who have helped us build what Parker Clay is today.

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This public investment opportunity gives us an incredible opportunity to expand the voice and reach of Parker Clay and our vision to create economic empowerment through the dignified and ethical employment of women in Ethiopia, allowing us to carry a better bag and at the same time putting the power back in the hands of women who will change the world. Join us as we build the future of fashion.

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Before crowdfunding, startups were limited to raising capital through friends and family, accredited investors ($200k+ annual income or $1mm+ net worth), and traditional venture capital rounds. Passed in 2012, the Federal JOBS Act enabled the US for true equity crowdfunding by allowing non-accredited investors to invest in private companies. The SEC has the following major types of crowdfunding, all of which allow for general and online solicitation:‍

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Regulation CF: Companies can raise up to $5MM from unaccredited investors within a 12-month period.*

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Regulation D - 506(c): Companies can raise unlimited money from accredited investors*

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Regulation A:

Tier 1: Companies can raise up to $20MM from the general public, including institutional investors within a 12-month period.*

Tier 2: Companies can raise up to $75MM from the general public, including institutional investors* within a 12-month period. Non-accredited investors are subject to investment limits dictated by either their net worth or annual income, whichever is greater.

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We believe equity crowdfunding represents the democratization of venture investing and we want the general public to have access to invest in Parker Clay.

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*You can read more about the JOBS Act on the SEC's website here.

This offering is open to all investors - accredited and non-accredited. If you are a non-accredited investor, please note that you cannot invest more than 10% of the greater of your annual income or net worth.

Click “Invest Now” anywhere on this site, or follow this link. You will be directed to view the subscription agreement and complete an investment. Payment is accepted via Credit Card, ACH and Wire.

Investing in startups and small businesses is inherently risky and standard company risk factors such as execution and strategy risk are often magnified at the early stages of a company. In the event that a company goes out of business, your ownership interest could lose all value. Furthermore, private investments in startup companies are illiquid instruments that typically take up to five and seven years (if ever) before an exit via acquisition, IPO, etc.

Parker Clay is a privately held company, and its shares are not traded on a public stock exchange. As a result, the shares cannot be easily traded or sold. As an investor in a private company, you typically receive a return on your investment under the following two scenarios: The company gets acquired by another company. The company goes public (makes an initial public offering on the NASDAQ, NYSE, or another exchange). In those instances, you receive your pro-rata share of the distributions that occur, in the case of acquisition, or you can sell your shares on the exchange. It can take 5-7 years (or longer) to see a distribution or trading, as it takes years to build companies. In many cases, there will not be any return as a result of business failure. Investments in private placements and start-up investments in particular are speculative and involve a high degree of risk, and those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investments tend to be in earlier stages of development, and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. The most sensible investment strategy for start-up investing may include a balanced portfolio of different start-ups. Start-ups should only be part of your overall investment portfolio. Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest.

Currently there is no market of liquidity for Regulation A+ shares. Investors in a private company, in general, receive a return on investment under the following scenarios:

1. The company gets acquired by another company.
2. The company goes public (undergoes an initial public offering and is listed on NASDAQ, the NYSE or another exchange).

Funds will be used to continue to grow Parker Clay by investing in advertising and marketing, inventory to support more customers, retail stores, and technology.

Under Regulation D Rule 506(c), a company can broadly solicit and generally advertise the offering and still be deemed to be in compliance with the exemptions’s requirements if:

• The investors in the offering are all accredited investors; and
• The company takes reasonable steps to verify that the investors are accredited investors, which could include reviewing documentation, such as W-2s, tax returns, bank and brokerage statements, credit reports and the like.

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For more information on Regulation D 506(c), please visit the U.S. Securities and Exchange Commission Website.

The offering circular for the Regulation A+ offering can be viewed here.

The offering price is $0.50 per share and the minimum investment amount for this round is $500. + Any other information about Units, if applicable (i.e. number of shares, warrants)

Investors can purchase shares via credit card, bank-to-bank payments, or express wires (reconciled in real-time).

According to the SEC, an individual accredited investor can be defined as the following: 

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An accredited investor, in the context of a natural person, includes anyone who:

• earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
• has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
• holds in good standing a Series 7, 65 or 82 license.

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Additionally, an accredited investor as an entity can be defined as the following:

1. A trust is considered to be an accredited investor if its assets exceed $5 million, it is not created to purchase the securities and it is directed by a sophisticated person; or
2. An entity is an accredited investor if its investment exceeds $5 million and it is not created to purchase securities.
3. An entity in which all equity owners are accredited investors.

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If your credit card payment was declined, please call your credit card provider to pre-authorize the transaction. Additionally, if your bank-to-bank transfer via ACH has failed, it is recommended that you contact your bank for more information.

If you have forgotten your password, please use the “Forgot your password?” functionality found below the DealMaker sign-in page. If you are locked out of your account, please contact info@dealmaker.tech for assistance.

To change your email address, please navigate to the top-right corner of your Dashboard. Within your profile settings, you can change the email address associated with your account. If you would like to merge investments to a pre-existing account, under a different email address, please contact info@dealmaker.tech for assistance. Please specify the applicable email addresses to be changed. For investor security, you will be asked to verify that you have access to the applicable accounts.

You can specify whether you are investing as an individual, or as a corporation/trust/custodial. Upon selecting any of the non-individual options, you will be prompted to enter relevant information and populate your subscription agreement accordingly.

1. Funding Processed:
   Your investment funding status will update upon receipt of your funds. If paying by bank-to-bank transfer, your payment will initially appear as pending, and will either clear or fail within five business days. If paying by wire domestically, your wire should be reconciled within one business day. International wires vary. Once funds are received, it can take approximately [1-2 weeks] *customize per issuer to process your investment completely.
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2. Identity Processed:
   In some instances, we may reach out to you requesting additional information in order to verify your identity & finish processing your investment, which may increase the overall processing time.
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3. Subscription Confirmation:
   Once your investment has been fully processed and confirmed, you will receive a notification when your subscription agreement has been accepted. Subsequently, you will receive a digital confirmation of the security holdings. *if applicable

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If a one week passes by and you do not receive any information from us, please email us at investor@parkerclay.com We may still require additional information. We recommend you check your spam folder first for any email communications!

For more information regarding your investment in this offering, please contact our investor support team at: investor@parkerclay.com

Investors need to check with a brokerage account representative to determine whether their provider will allow for the securities to be (i) directly deposited to a brokerage account or (ii) transferred into such account at a later day. The policies may vary between different providers.

Linked here is a help article, which may assist you in finding your way.

You can search the DealMaker knowledge base for more information here, or contact investor support at investor@parkerclay.com.