IPO - RoyaltyTraders LLC
Form Type: 253G2
Filing Date: 2024-12-23
Corporate Action: Ipo
Type: New
Accession Number: 000182912624008475
Filing Summary: RoyaltyTraders LLC, operating as SongVest, is offering Royalty Share Units on a best-efforts basis representing rights to specified royalty agreements. The offering aims to democratize investment in music royalties, allowing the public to participate in revenue streams from popular artists. The units can be purchased via the SongVest Platform, with each unit providing a pro rata share of the royalties collected from the music portfolio once agreements are executed. The total maximum proceeds to the issuer are over $1 million, with various priced units from $36 to $120 per share for different music assets. The Offering Circular underlines that these investments carry risks and are exclusively targeted for jurisdictions allowing such offers, not involving existing securityholders for this round. It emphasizes that no obligations arise until minimum offering thresholds are met, ensuring investor funds are secured in escrow until transactions qualify and close. Furthermore, an auction process aided in establishing pricing for this offering, described as part of a larger strategy to generate music royalty rights accessible to broader investors in a transparent manner, marking the initiative's significance in evolving music investment landscapes.
Document Link: View Document
Additional details:
Royalty Share Unit Name: No Scrubs – TLC Version
Offering Price Per Unit: 120
Minimum Offering Amount: 0
Maximum Offering Amount: 61440
Maximum Units: 512
Royalty Share Unit Name: Creep – TLC Version
Offering Price Per Unit: 120
Minimum Offering Amount: 0
Maximum Offering Amount: 76200
Maximum Units: 635
Royalty Share Unit Name: Beyonce’s Radio
Offering Price Per Unit: 36
Minimum Offering Amount: 0
Maximum Offering Amount: 38880
Maximum Units: 1080
Royalty Share Unit Name: Anything At All – 2024 Version
Offering Price Per Unit: 63
Minimum Offering Amount: 0
Maximum Offering Amount: 63000
Maximum Units: 1000
Royalty Share Unit Name: A Kind of Magic
Offering Price Per Unit: 98
Minimum Offering Amount: 0
Maximum Offering Amount: 139062
Maximum Units: 1419
Royalty Share Unit Name: Under Pressure
Offering Price Per Unit: 98
Minimum Offering Amount: 0
Maximum Offering Amount: 157486
Maximum Units: 1607
Royalty Share Unit Name: I Want it All
Offering Price Per Unit: 98
Minimum Offering Amount: 0
Maximum Offering Amount: 164444
Maximum Units: 1678
Royalty Share Unit Name: The Show Must Go On
Offering Price Per Unit: 98
Minimum Offering Amount: 0
Maximum Offering Amount: 123774
Maximum Units: 1263
Royalty Share Unit Name: Bohemian Rhapsody Soundtrack
Offering Price Per Unit: 98
Minimum Offering Amount: 0
Maximum Offering Amount: 64484
Maximum Units: 658
Royalty Share Unit Name: Cainon Lamb (Beyonce’s Countdown and More)
Offering Price Per Unit: 72
Minimum Offering Amount: 0
Maximum Offering Amount: 37152
Maximum Units: 516
Royalty Share Unit Name: Justin Bieber’s Rockin’ Around the Christmas Tree
Offering Price Per Unit: 37.8
Minimum Offering Amount: 0
Maximum Offering Amount: 108864
Maximum Units: 2880
Royalty Share Unit Name: Young Thug – Best Friend
Offering Price Per Unit: 36
Minimum Offering Amount: 0
Maximum Offering Amount: 19872
Maximum Units: 552
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