🚀 Crowdfunding graveyard ⚰️

Pedal Me

What a joke. They lose the first money, pre package and want more money! They should offer free shares rather than this.

You have received this update because you are an investor in Bike Taxi Limited (referred to as the “Pedal Me” or the “Company”) (Company Number:10595064) and your shares are held on your behalf by Crowdcube Nominees Limited (“Crowdcube Nominees”).

We are following up on our email on 28 October 2024 regarding the pre-pack administration sale of the Company and whether or not existing investors would be offered shares in the new company.

The Company has confirmed that existing shareholders will have the opportunity to buy into the new entity at the same rate as any seed investors. We understand that the minimum amount to invest is £4,000. The offer is open to former shareholders of Bike Taxi until 31 December 2024. For further information regarding the funding round, including the share price, please contact the Company.

You should have received an update directly from the Company on 13 November 2024 for further information on the offer. We’ve re-attached it in case you missed it.

Please note that you will be investing directly in the new company and your shares will not be held under the Crowdcube Nominee structure; therefore, the rights and protections afforded to you under our terms will not apply.

If you would like to invest or have any further questions, please contact ben@pedalme.co.uk

If you have any other questions, you can contact us by emailing: support@crowdcube.com.

2 Likes

:blush:Looks like today is Crowdcube’s day for sending out such emails.

1 Like

https://sifted.eu/articles/allplants-moves-to-appoint-administrators-news

1 Like

Wow!

Project D are closing down