Amass Brands raises SAFE to $1,735,000
AMASS Brands Inc. entered into a Second Amendment to its Simple Agreement for Future Equity (SAFE) with AfterDream on June 25, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
AMASS Brands Inc. entered into a Second Amendment to its Simple Agreement for Future Equity (SAFE) with AfterDream on June 25, 2026. The amendment increases the SAFE Purchase Amount from $1,535,000 to $1,735,000, reflecting an additional $200,000 investment by the company.
The Post-Money Valuation Cap remains at $7,500,000, and all other material terms of the SAFE are unchanged. These include the existing conversion mechanics tied to an Equity Financing, Liquidity Event, or Dissolution Event.
8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
SAFE Purchase Amount (original): $1,535,000
SAFE Purchase Amount (amended): $1,735,000
Additional investment: $200,000
+4 more
7 metrics
SAFE Purchase Amount (original)
$1,535,000
Original SAFE Purchase Amount before Second Amendment
SAFE Purchase Amount (amended)
$1,735,000
Purchase Amount after Second Amendment on June 25, 2026
Additional investment
$200,000
Incremental amount added by AMASS Brands under Second Amendment
Post-Money Valuation Cap
$7,500,000
Valuation cap for SAFE, unchanged by Second Amendment
SAFE amendment date
June 25, 2026
Date AMASS Brands entered Amendment No. 2 to the SAFE
SAFE original date
June 16, 2026
Date of original SAFE agreement with AfterDream
First amendment date
June 17, 2026
Date of Amendment No. 1 to the SAFE
Key Terms
Simple Agreement for Future Equity, Post-Money Valuation Cap, Equity Financing, Liquidity Event, +2 more
6 terms
Simple Agreement for Future Equity financial
"entered into a Simple Agreement for Future Equity (the “SAFE”) with"
A simple agreement for future equity is an investment contract that gives an investor the right to receive company shares at a later financing event or sale instead of getting shares immediately. Think of it like a voucher that converts into ownership once the company’s value is formally set; it matters to investors because it fixes how and when ownership is awarded, affects how much of the company they ultimately own, and influences dilution and return potential.
Post-Money Valuation Cap financial
"The Post-Money Valuation Cap of $7,500,000 remains unchanged."
Equity Financing financial
"including the conversion mechanics upon an Equity Financing, Liquidity Event, or Dissolution Event."
Equity financing is when a company raises money by selling ownership pieces (shares) to investors instead of borrowing; think of selling slices of a pie to get cash for the business. It matters to investors because buying shares gives them a claim on future profits and a voice in decisions, while existing owners give up some control and the value of each slice can change as the company grows or falters.
Liquidity Event financial
"including the conversion mechanics upon an Equity Financing, Liquidity Event, or Dissolution Event."
A liquidity event is a transaction that converts ownership in a privately held or illiquid asset into cash or a marketable security, such as a sale, merger, public stock offering, or buyout. It matters to investors because it provides a clear way to realize returns or recover capital—think of it as turning a house into a cash sale—so the timing, price and structure of the event determine how much money stakeholders actually receive.
Dissolution Event financial
"including the conversion mechanics upon an Equity Financing, Liquidity Event, or Dissolution Event."
Emerging Growth Company regulatory
"Emerging Growth Company x"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AMASS Brands Inc (AMSS) change in its SAFE with AfterDream?
AMASS Brands increased the SAFE Purchase Amount with AfterDream from $1,535,000 to $1,735,000. This Second Amendment adds $200,000 of investment while keeping the $7,500,000 post-money valuation cap and other key terms unchanged.
How much additional capital is AMASS Brands Inc (AMSS) investing under the Second Amendment?
The Second Amendment adds an extra $200,000 to the SAFE investment. This raises the Purchase Amount from $1,535,000 to $1,735,000, while leaving the post-money valuation cap and conversion mechanics as originally agreed.
What is the post-money valuation cap in AMASS Brands (AMSS) SAFE with AfterDream?
The post-money valuation cap in the SAFE with AfterDream is $7,500,000. This cap remains unchanged under the Second Amendment, which only increases the Purchase Amount to $1,735,000 without altering conversion mechanics.
Which key terms of the AMASS Brands (AMSS) SAFE remain unchanged after the amendment?
Key terms that remain unchanged include the $7,500,000 post-money valuation cap and the conversion mechanics. These mechanics govern how the SAFE converts upon an Equity Financing, Liquidity Event, or Dissolution Event for AMASS Brands.
When did AMASS Brands Inc (AMSS) enter the Second Amendment to the SAFE?
AMASS Brands entered the Second Amendment to the SAFE with AfterDream on June 25, 2026. This follows the original SAFE dated June 16, 2026, and Amendment No. 1 dated June 17, 2026, and specifically increases the Purchase Amount.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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