DISCLOSURES, DISCLAIMERS AND NOTES: This information is not, and should not be deemed to construe, an offer to sell or a solicitation of an offer to purchase any security. Offers will only be made through Private Placement Memorandums and similar offering documents to suitable investors and were permitted by law. Prospective investors should consider the investment objectives, risks and charges and expenses of any offering carefully before investing. The Private Placement Memorandums (Memorandums) contain information about these important issues as well as other information. A Memorandum may be obtained by calling the Triton Pacific Securities sales desk at 949.429.8500 or sending an email request to sales@tritonpacificsecurities.com.
An investment in Tasty involves significant risks and is not intended for every investor or as a complete investment program. You should read the “Risk Factors and Potential Conflicts of Interest” section of this Memorandum for a discussion of material risks that you should consider before you invest in Tasty, as well as this entire Memorandum for an understanding of the type of investment involved. Prospective investors should realize, however, that factors other than those set forth in this Memorandum may ultimately affect the investment offered pursuant to this Memorandum in a manner and to a degree which cannot be foreseen at this time. Some of the risks, discussed in greater detail in “Risk Factors and Conflicts of Interest,” include, but are not limited to:
There is a highly competitive market for attractive investment opportunities.
Investment in the Preferred Shares is geared towards long-term capital appreciation where investors are willing to forgo current income in the hope of higher returns in the future. Accordingly, investors should not expect immediate or consistent payments of distributions on their Preferred Shares as we plan to reinvest our profits and capital back into our portfolio companies.
If we do elect to pay distributions, we anticipate that during the duration of our offering, a substantial portion of our distributions, if any, will generally consist of a return of capital. Distributions consisting of returned capital will reduce the amount of capital we ultimately invest in Portfolio Companies and will, therefore, reduce the value of your investment.
There is no public trading market for the Preferred Shares, and it is unlikely that one will develop. Additionally, the Operating Agreement includes significant restrictions on the transferability of Preferred Shares. Therefore, it will be very difficult for you to dispose of the Preferred Shares in any manner prior to the liquidation of Tasty.
Investments in small to mid-size companies have particular and unique risks as highlighted herein.
Tasty will be exposed to the dynamics that typically exist between franchisors and franchisees and the risks associated with these arrangements as described herein.
Substantial indebtedness may be present in the Portfolio Companies, which would increase Tasty’s business risks and could reduce returns and hinder Tasty’s ability to pay Distributions.
There can be no assurance that Triton Pacific will be able to successfully implement the strategies that it intends to pursue or attain the returns it anticipates.
Tasty cannot assure investors that Triton Pacific’s past experience will be sufficient to successfully manage Tasty and its investments.
If Tasty, through Triton Pacific, is unable to complete its Offering in a timely manner or find suitable Portfolio Company investments in a timely manner, Tasty may not be able to achieve its objectives.
A pandemic, epidemic, or outbreak of an infectious disease, such as the COVID-19 outbreak, could adversely affect the business of Tasty’s Portfolio Companies, including causing them to close a large portion of their restaurants, experience reduced store traffic, require additional liquidity, and face interruptions to their supply chains.