Amass Brands invests $1.54 million in AfterDream via SAFE deal, valuation cap $7.5 million
AMASS Brands Inc
AMASS Brands Inc AMSS | 0.00 |
- Amass Brands invested USD 1.54 million in AfterDream via a SAFE signed June 16, 2026, amended June 17 to add USD 100,000.
- SAFE carries a USD 7.5 million post-money valuation cap, giving Amass rights to future AfterDream equity upon specified events.
- Instrument converts at the initial closing of an equity financing into Standard Preferred Stock or Safe Preferred Stock, based on the better outcome.
- On a liquidity event, Amass is entitled to proceeds equal to the greater of its purchase amount or common-stock-equivalent payout under the SAFE terms.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amass Brands published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001575872-26-000442), on June 23, 2026, and is solely responsible for the information contained therein.
