Round 10 Launch Announcement
We couldn’t be more excited to announce that Round 10 is officially open for Friends and Family at invest.legionm.com. We’ll be making big public announcements over the next couple weeks, but starting today the site is open to the Legion M community (along with any friends and family you’d like to share it with) to take advantage of a limited-time “Friends and Family” deal with the best bonus share terms Legion M has ever offered.
More on that below. First we want to take a moment to reflect on where we are, where we’ve come from, and where we hope to go…
Today we’re at one of the most pivotal points in Legion M’s history. When we founded the company it was nothing more than a “novel idea”. A lot of folks said what we’re attempting was impossible – that a fan-owned company wouldn’t have the money, talent, and connections to get anywhere in Hollywood.
Over the past 8 years, we’ve proven them wrong. We’ve grown from making small investments in other people’s projects (e.g. Colossal, Mandy, and The Jay and Silent Bob Reboot) to developing, financing, and producing projects of our own.
Today we’re releasing our biggest film yet. My Dead Friend Zoe has a stellar cast featuring Morgan Freeman, Ed Harris, Natlie Morales, Utkarsh Ambudkar, Gloria Reuben, and an awards-caliber performance by Sonequa Martin Green. The film is 95% on Rotten Tomatoes (as of 2/28/25) and has won awards at festivals across the country. Most importantly, it's a powerful story told by a remarkable storyteller – writer/director Kyle Haussman-Stokes –that has the potential to change lives (if you’ve seen it, you know what we’re talking about). Is there any higher calling than that?
It’s also a movie that is OWNED BY LEGION M. Along with William Shatner: You Can Call Me Bill and Fade To Black (currently in post-production), My Dead Friend Zoe is part of the generation of Legion M projects developed, financed, and produced by the company. This movie wouldn’t exist without Legion M — or the 54,000 investors who’ve made Legion M possible.
We’ve beaten the odds to get this far, but we’re not done. Because while My Dead Friend Zoe proves what a fan-owned company is capable of, Legion M hasn’t “made it” yet.
“We didn’t create Legion M because we believed 54,000 investors could make an impact in independent film – we started it because we believe 1 million investors could make Legion M one of the most influential companies in Hollywood.”
Financially speaking, Legion M is still an early-stage company. The fact we’ve raised over $22MM puts us in the top echelon of equity crowdfunded companies – but that is only a fraction of the amount successful startups typically raise prior to an IPO. Especially in a capital-intensive industry like entertainment. Think about it – Legion M’s entire existence has cost less than the first 15 minutes of a Marvel movie. We’ve spent less over the past 8 years than most studios spend on the marketing budget of a single theatrical release.
For Legion M to succeed, we need to continue to scale the size of our community and our cash reserves. This will allow us to take on bigger projects with potential for greater revenue and an even larger impact.
ROUND 10 FRIENDS AND FAMILY OFFER
All of this starts with Round 10, which is now officially open for “Friends and Family” at invest.legionm.com. We’re partnered with DealMaker for Round 10, making it the first round we’ve hosted outside of Wefunder or StartEngine. We believe this is a critical step towards the type of growth we Legion M is capable of.
The “Friends and Family” period lasts until 11:59 PM PT on Thursday March 13th. During this time you are eligible to receive 20% bonus shares on any investment, in addition to any other bonus shares you receive. That means a $100 investment made before that deadline will get the same deal that requires a $20K investment after the period expires. It also means that somebody making a $20K investment over the next two weeks will get the highest % of bonus shares Legion M has ever offered!
If you’ve ever considered investing, now is the time. There will never be a better chance to “get in early” on Legion M.
You are welcome to share this offer with your friends and family. In fact, we encourage you to. If every member of our community shared Legion M with 2 or 3 of their coolest friends (only the fun ones you want to go to movies with!), we’d be well on our way to the next phase of Legion M’s growth!
In closing, we want to THANK YOU for your support and belief in what we are attempting to build. Legion M would not have been able to get to this point without the backing of our investors. That fact is reflected in our share price, which has continued to climb with each successive round*. Hopefully that trend will continue, and someday we’ll all look back at these early days of Legion M the same way people look back at early days of companies like Netflix or Disney...
If Legion M was a rocket, Round 10 represents the firing of the next stage. We’ve breached the upper atmosphere, and while we still have a long way to go, our goals are coming into sight. We know if we can continue pushing forward we’ll break free from gravity – then there’s no telling how far this rocket ship will go!
Onward and Upward!
-Paul, Jeff, and the Legion M team
PS: Got Questions? Join us on Zoom for a Shareholder Q&A next Wed March 5th at 2PM Pacific.
PPS: If you have any feedback on the offering page, please take a moment to tell us what you think. We plan to use your feedback to fine-tune the page before we start our major marketing efforts later this month.
*Past performance is not indicative of future results. Any investment or financial decisions made based on past data should not be considered a guarantee of future performance. Always consult with a qualified financial advisor or professional before making investment decisions.
Disclaimer: Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment through equity crowdfunding tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.
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