# EDGAR Filing Document

**Accession Number:** 0001953958
**File Stem:** 0001670254-23-000117
**Filing Date:** 2023-2
**Character Count:** 276703
**Document Hash:** a9f99cf34015b7efde78526ee7a6b78b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001670254-23-000117.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001670254-23-000117

**CONFORMED SUBMISSION TYPE**: C

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NpCloud Solutions Inc.
- **CENTRAL INDEX KEY:** 0001953958
- **IRS NUMBER:** 873713072

**FILING VALUES:**
- **FORM TYPE:** C
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-31800
- **FILM NUMBER:** 23632310

**BUSINESS ADDRESS:**
- **STREET 1:** 106 LANGTREE VILLAGE DR SUITE 301
- **CITY:** MOORESVILLE
- **STATE:** NC
- **ZIP:** 28117
- **BUSINESS PHONE:** 5106982462

**MAIL ADDRESS:**
- **STREET 1:** 106 LANGTREE VILLAGE DR SUITE 301
- **CITY:** MOORESVILLE
- **STATE:** NC
- **ZIP:** 28117

## Ex-99

### Attached PDF Documents

**Attachment 1:** `document_1.pdf`

# Form C

## Cover Page

Name of issuer:

NpCloud Solutions Inc.

Legal status of issuer:

Form: Corporation
Jurisdiction of incorporation/Organization: DE
Date of organization: 11/17/2021

Physical address of issuer:

106 Langtree Village Dr
Suite 301
Mooresville NC 28117

Website of issuer:

https://www.npcloudsolutions.com/

Name of intermediary through which the offering will be conducted:

Weifunder Portal LLC

CM number of intermediary:

00018/70254

SEC file number of intermediary:

007-00033

CRD number, if applicable, of intermediary:

283503

Amount of compensation to be paid to the intermediary, whether as a dollar amount or a percentage of the offering amount, or a good faith estimate if the exact amount is not available at the time of the filing, for conducting the offering, including the amount of referral and any other fees associated with the offering.

75% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the issuer in connection with the offering.

Any other direct or indirect interest in the issuer held by the intermediary or any arrangement for the intermediary to acquire such an interest:

No

Type of security offered:

☐ Common Stock
☑ Preferred Stock
☐ Debt
☐ Other

If Other, describe the security offered:

Target number of securities to be offered:

100,000

Price:

$1.00000

Method for determining price:

Dividing pre-money valuation $10,000,000.00 (or $5,000,000.00 for investors in the first $250,000.00) by number of shares outstanding on fully diluted basis.

Target offering amount:

$50,000.00

Oversubscriptions accepted:

☑ Yes
☐ No

If yes, disclose how oversubscriptions will be allocated:

☐ Pro-rata basis
☐ First-come, first-served basis
☑ Other

If other, describe how oversubscriptions will be allocated:

As determined by the issuer

Maximum offering amount (if different from target offering amount):

$1,000,000.00

Deadline to reach the target offering amount:

4/29/2024

NOTE: If the sum of the investment commitments does not equal or exceed the target offering amount at the offering deadline, no securities will be sold in the offering. Investment commitments will be cancelled and committed funds will be returned.

Current number of employees:

5

|  | Most recent fiscal year-end: | Prior fiscal year-end: |
| --- | --- | --- |
| Total Assets: | $4,280.00 | $30,084.00 |
| Cash & Cash Equivalents: | $2,780.00 | $28,584.00 |
| Accounts Receivables: | $0.00 | $0.00 |
| Short-term Debt: | $11,500.00 | $0.00 |
| Long-term Debt: | $0.00 | $0.00 |
| Revenues/Sales: | $0.00 | $0.00 |
| Cost of Goods Sold: | $0.00 | $0.00 |
| Taxes Paid: | $400.00 | $400.00 |
| Net Income: | ($163,613.53) | ($3,116.00) |

Select the jurisdictions in which the issuer intends to offer the securities:

AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, BS, GU, PR, VI, TV

## Offering Statement

Respond to each question in each paragraph of this part. Set forth each question and any notes, but not any instructions thereon, in their entirety. If disclosure in response to any question is responsive to one or more other questions, it is not necessary to repeat the disclosure. If a question or series of questions is inapplicable or the response is available elsewhere in the Form, either state that it is inapplicable, include a cross-reference to the responsive disclosure, or omit the question or series of questions.

Be very careful and precise in answering all questions. Give full and complete answers so that they are not misleading under the circumstances involved. Do not discuss any future performance or other anticipated event unless you have a reasonable basis to believe that it will actually occur within the foreseeable future. If any answer requiring significant information is materially inaccurate, incomplete or misleading, the Company, its management and principal shareholders may be liable to investors based on that information.

### THE COMPANY

1. Name of Issuer:

NoCloud Solutions Inc.

### COMPANY ELIGIBILITY

2. ☐ Check this box to certify that all of the following statements are true for the issuer:

- Organized under, and subject to, the laws of a State or territory of the United States or the District of Columbia.
- Not subject to the requirement to file reports pursuant to Section 13 or Section 18(d) of the Securities Exchange Act of 1934.
- Not an investment company registered or required to be registered under the Investment Company Act of 1940.
- Not ineligible to rely on this exemption under Section 4(a)(6) of the Securities Act as a result of a disqualification specified in Rule 503(a) of Regulation Crowdfunding.
- Has filed with the Commission and provided to investors, to the extent required, the ongoing annual reports required by Regulation Crowdfunding during the two years immediately preceding the filing of this offering statement (or for each shorter period that the issuer was required to file such reports).
- Not a development stage company that (a) has no specific business plan or (b) has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies.

INSTRUCTION TO QUESTION 2: If any of these statements are not true, then you are NOT eligible to rely on this exemption under Section 4(a)(6) of the Securities Act.

3. Has the issuer or any of its predecessors previously failed to comply with the ongoing reporting requirements of Rule 203 of Regulation Crowdfunding?

☐ Yes ☑ No

### DIRECTORS OF THE COMPANY

4. Provide the following information about each director (and any persons occupying a similar status or performing a similar function) of the issuer:

| Director | Principal Occupation | Main Employer | Year Joined as Director |
| --- | --- | --- | --- |
| Denis Rono | Chief Executive Officer | NoCloud Solutions | 2021 |
| Norrie McNeley | Founder/Psychiatric Nurse Practitioner | Advanced Psych Care Plc | 2022 |
| Bradley Kuo | CEO/Psychiatric Nurse Practitioner | Wellness Partners Hawaii Inc. | 2022 |
| Jannie Stormes | Owner/Psychiatric Nurse Practitioners | MasterMind Clinic, PLLC | 2022 |
| Robert Glenn | Psychiatrist | ReGroup Telepsychiatry | 2022 |
| Marie Crawford | Clinical Psychologist | Dr Marie Crawford PhD., PLLC | 2022 |

For three years of business experience, refer to Appendix D: Director & Officer Work History.

### OFFICERS OF THE COMPANY

5. Provide the following information about each officer (and any persons occupying a similar status or performing a similar function) of the issuer:

| Officer | Positions Held | Year Joined |
| --- | --- | --- |
| Denis Rono | CEO | 2021 |

For three years of business experience, refer to Appendix D: Director & Officer Work History.

DISTRICT EMP. PROPERTIES: For purposes of this Question 2, the term officer resides at positions, vice president, secretary, treasurer or principal financial officer, cooperative or principal accounting officer, and any person that endorses performing similar functions.

### PRINCIPAL SECURITY HOLDERS

6. Provide the name and ownership level of each person, as of the most recent practicable date, who is the beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, calculated on the basis of voting power.

Name of holder

Denis Rono

No. and Class

of Securities Now Held

8467404.0 Company Stock

% of Voting Power

Prior to Offering

64.67

INSTRUCTIONS: The above information must be provided as of a date that is no more than 120 days prior to the date of filing of this offering document.

To calculate total voting power, include all securities for which the person directly or indirectly has or shares the voting power, which includes the person to vote or to direct the voting of such securities. If the person has the right to acquire voting power of such securities withheld days, including through the creation of any option, warrants or right, the conversion of a security, or other arrangement, or if securities are held by a member of the family, through corporations or partnerships, or otherwise in a manner that would allow a person to direct or control the voting of the securities set down in such direction as control - so, for example, a corporation they should be included as being "beneficially owned." You should include an explanation of these circumstances as a function to the "Number of and Class of Securities Now Held." To calculate outstanding voting equity securities, assume all outstanding options are amortized and all outstanding convertible securities converted.

## BUSINESS AND ANTICIPATED BUSINESS PLAN

7. Describe in detail the business of the issuer and the anticipated business plan of the issuer

For a description of our business and our business plan, please refer to the attached Appendix A, Business Description & Plan

INSTRUCTIONS: If there is no change in the terms of the "Number of and Class of Securities Now Held" in the Form C to PDF format, the submission will include all 5 (a) items and "total items" listed in an uncollapsed format, all values will be transmitted.

This means that any information provided in your Website profile will be provided to the SEC to response to this question. In a result, your company will be potentially liable for misstatements and omissions in your profile under the Securities Act of 1933, which requires you to provide material information regarding your business and anticipated business plans. Please review your Website profile carefully to ensure a provision of material information, in the false or misleading, and does not omit any information that would cause the information included in the false or misleading.

## RISK FACTORS

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment.

In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document.

The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature.

These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.

8. Discuss the material factors that make an investment in the issuer speculative or noisy:

We depend on investor funding. If we are unable to maintain this relationship, or if the investors invest significantly lower amounts than we currently anticipate or none at all, our business, prospects, financial condition, results of operations and cash flows could be materially and adversely affected.

We are a growth stage company with no revenues and a net loss. We have never turned a profit and there is no assurance that we will ever be profitable. In fact, it is possible that we may incur significant expenses and continuing losses for the foreseeable future.

We face significant challenges as a new entrant into the Healthcare Technology Industry. There are Major companies already established in the EHR Market.

We depend upon third parties to develop our solutions. We do not have long-term agreements with all of our Technology developers. If these developers become unwilling or unable to provide an adequate supply of development, we may not be able to find alternative sources in a timely manner and our business would be adversely impacted.

We may experience significant delays in the design, Development, financing, regulatory approval, launch and delivery of our Technology, which could harm our business, prospects, financial condition, results of operations, and cash flows.

There can be no assurance that the Company will meet our projections. There can be no assurance that the Company will be able to find sufficient demand for our products, that people think it's a better option than a competing product, or that we will able to provide the service at a level that allows the Company to make a profit and still attract business.

The valuation for the offering was established by the Company. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment.

You should be prepared to hold this investment for several years or longer. For the 12 months following your investment there will be restrictions on how you can resell the securities you receive. More importantly, there is no established market for these securities and there may never be one. As a result, if you decide to sell these securities in the future, you may not be able to find a buyer. The Company may be acquired by an existing player in the EHR Industry. However, that may never happen or it may happen at a price that results in you losing money on this investment.

To fund its growth, the Company may be forced to raise additional equity capital. Issuing more equity may require bringing on additional investors. Securing these additional investors could require pricing our equity below its current price. If so, your investment could lose value as a result of this additional dilution. In addition, even if the equity is not priced lower, your ownership percentage would be decreased with the addition of more investors. If we are unable to find additional investors willing to provide capital, then it is possible that we will choose to cease our activity. In that case, the only asset remaining to generate a return on your investment could be our intellectual property. Even if we are not forced to cease our sales activity, the unavailability of financing could result in the Company performing below expectations, which could adversely impact the value of your investment.

Our success will be substantially dependent upon the discretion and judgment of our management team with respect to the application and allocation of the proceeds of this Offering. The use of proceeds described below is an estimate based on our current business plan. We, however, may find it necessary or

advisable to re-allocate portions of the net proceeds reserved for one category to another" and we will have broad discretion in doing so.

As an Internet-based business, we may be vulnerable to hackers who may access the data of our users and providers that utilize our Solution. Further, any significant disruption in service or in its computer systems could reduce the attractiveness of the Solution and result in a loss of investors, providers and end users interested in using our Solution. Any disruptions of services or cyber-attacks could harm our reputation and materially negatively impact our financial condition and business.

Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.

ABSTRACTING REQUISITION 8. Avoid generalized statements and include only three factors that are unique in the issue. This is not should be believed to be a result of the results and the offering and should not report the factors addressed in the beginning of each other. The specific number of risk factors is required to be identified.

# The Offering

## USE OF FUNDS

9. What is the purpose of this offering?

The Company intends to use the net proceeds of this offering for working capital and general corporate purposes, which includes the specific items listed in Item 10 below. While the Company expects to use the net proceeds from the Offering in the manner described above, it cannot specify with certainty the particular uses of the net proceeds that it will receive from this Offering. Accordingly, the Company will have broad discretion in using these proceeds.

10. How does the issuer intend to use the proceeds of this offering?

If we need $50,000

Use of Proceeds 62.5% for product development, 20% for Key Hires, 5% for R&D, 5% for Marketing, 7.5% for Wefunder Fees. Hitting our Maximum target will allow us to develop a complete product. We have features that make funds would enable us to start developing. We have many funding needs, including expanding our core team, building a tech support team, executing a marketing plan, and ability to complete building a clearinghouse solution. The minimum target will allow us to continue building the basic features of the EHR.

If we need $1,000,000

Use of Proceeds 62.5% for product development, 20% for Key Hires, 5% for R&D, 5% for Marketing, 7.5% for Wefunder Fees. Hitting our Maximum target will allow us to develop a complete product. We have features that make funds would enable us to start developing. We have many funding needs, including expanding our core team, building a tech support team, executing a marketing plan, and ability to complete building a clearinghouse solution.

ABSTRACTING REQUISITION 11. An issuer must provide a reasonable detailed description of any intended use of proceeds, such that investors are provided with an adequate amount of information in unobstructed form. The offering proceeds will be used. If an issuer has identified a range of possible uses, the issuer should identify and describe each probable use and the factors the issuer may consider in allocating proceeds among the potential uses. If the issuer will accept proceeds in excess of the target offering amount, the issuer must describe the purpose, method for allocating overvalued proceeds, and intended use of the excess proceeds with similar specificity. Please include all potential uses of the proceeds of this offering, including any time and apply only in the case of overvalued proceeds. If you do not do so, you may have to respond in several year Form C. Wefunder is not responsible for any failure by you to describe a potential use of offering proceeds.

## DELIVERY & CANCELLATIONS

11. How will the issuer complete the transaction and deliver securities to the investors?

Book Entry and Investment in the Co-issuer. Investors will make their investments by investing in interests issued by one or more co-issuers, each of which is a special purpose vehicle ("SPV"). The SPV will invest all amounts it receives from investors in securities issued by the Company. Interests issued to investors by the SPV will be in book entry form. This means that the investor will not receive a certificate representing his or her investment. Each investment will be recorded in the books and records of the SPV. In addition, investors' interests in the investments will be recorded in each investor's "Portfolio" page on the Wefunder platform. All references in this Form C to an investor's investment in the Company (or similar phrases) should be interpreted to include investments in a SPV.

12. How can an investor cancel an investment commitment?

NOTE: Investors may cancel an investment commitment until 48 hours prior to the deadline identified in these offering materials.

The intermediary will notify investors when the target offering amount has been met. If the issuer reaches the target offering amount prior to the deadline identified in the offering materials, it may close the offering early if it provides notice about the new offering deadline at least five business days prior to such new offering deadline (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment).

If an investor does not cancel an investment commitment before the 48-hour period prior to the offering deadline, the funds will be released to the issuer upon closing of the offering and the investor will receive securities in exchange for his or her investment.

If an investor does not reconfirm his or her investment commitment after a material change is made to the offering, the investor's investment commitment will be cancelled and the committed funds will be returned.

An investor's right to cancel. An investor may cancel his or her investment commitment at any time until 48 hours prior to the offering deadline.

If there is a material change to the terms of the offering or the information provided to the investor about the offering and/or the Company, the investor will be provided notice of the change and must re-confirm his or her investment commitment within five business days of receipt of the notice. If the investor does not reconfirm, he or she will receive notifications disclosing that the commitment

was cancelled, the reason for the cancellation, and the refund amount that the investor is required to receive. If a material change occurs within five business days of the maximum number of days the offering is to remain open, the offering will be extended to allow for a period of five business days for the investor to reconfirm.

If the investor cancels his or her investment commitment during the period when cancellation is permissible, or does not reconfirm a commitment in the case of a material change to the investment, or the offering does not close, all of the investor's funds will be returned within five business days.

Within five business days of cancellation of an offering by the Company, the Company will give each investor notification of the cancellation, disclose the reason for the cancellation. Identify the refund amount the investor will receive, and refund the investor's funds.

The Company's right to cancel. The Investment Agreement you will execute with us provides the Company the right to cancel for any reason before the offering deadline.

If the sum of the investment commitments from all investors does not equal or exceed the target offering amount at the time of the offering deadline, no securities will be sold in the offering, investment commitments will be cancelled and committed funds will be returned.

## Ownership and Capital Structure

### THE OFFERING

13. Describe the terms of the securities being offered.

Priced Round: $10,000,000.00 pre-money valuation

See exact security attached as Appendix B, Investor Contracts

NoCloud Solutions Inc. is offering up to 1,250,000 shares of Series Seed-1 or Series Seed-2 preferred stock, at a price per share of $1.00.

Investors in the first $250,000.00 of the offering will receive stock at a price per share of $0.50, and a pre-money valuation of $5,000,000.00

The campaign maximum is $1,000,000 and the campaign minimum is $50,000.00.

### Information Rights

The Company will furnish to the undersigned if the undersigned has invested at least One Hundred Thousand Dollars ($100,000) in this offering and has thereby become a Major Investor (a "Major Investor") (1) annual unaudited financial statements for each fiscal year of the Company, including an unaudited balance sheet as of the end of such fiscal year, an unaudited statement of operations and an unaudited statement of cash flows of the Company for such year, all prepared in accordance with generally accepted accounting principles and practices; and (2) quarterly unaudited financial statements for each fiscal quarter of the Company (except the last quarter of the Company's fiscal year), including an unaudited balance sheet as of the end of such fiscal year, an unaudited statement of operations and an unaudited statement of cash flows of the Company for such quarter, all prepared in accordance with generally accepted accounting principles and practices, subject to changes resulting from normal year-end audit adjustments. If the Company has audited records of any of the foregoing, it shall provide those in lieu of the unaudited versions. The filing of an annual report on Form C/AR shall be deemed to satisfy the requirement to provide annual financial information described above.

### Participation Right

Each Major Investor has the right of first refusal to purchase such Major Investor's Pro Rata Share (as defined below) of all (or any part) of any New Securities (as defined in Section 8(d)(3) of the attached subscription agreement) that the Company may from time to time issue after the date of this Agreement, provided, however, such Major Investor shall have no right to purchase any such New Securities if such Major Investor cannot demonstrate to the Company's reasonable satisfaction that such Major Investor is at the time of the proposed issuance of such New Securities an "accredited investor" as such term is defined in Regulation D under the Securities Act. A Major Investor's "Pro Rata Share" for purposes of this right of first refusal is the ratio of (a) the number of shares of the Company's Common Stock issued or issuable upon conversion of the Securities owned by such Major Investor, to (b) a number of shares of Common Stock of the Company equal to the sum of (1) the total number of shares of Common Stock of the Company then outstanding plus (2) the total number of shares of Common Stock of the Company into which all then outstanding shares of Preferred Stock of the Company are then convertible plus (3) the number of shares of Common Stock of the Company reserved for issuance under any stock purchase and stock option plans of the Company and outstanding warrants.

### Securities Issued by the SPV

Instead of issuing its securities directly to Investors, the Company has decided to issue its securities to the SPV, which will then issue interests in the SPV to Investors. The SPV has been formed by Alexander Admin, LLC and is a co-issuer with the Company of the securities being offered in this offering. The Company's use of the SPV is intended to allow investors in the SPV to achieve the same economic exposure, voting power, and ability to assert State and Federal law rights, and receive the same disclosures, as if they had invested directly in the Company. The Company's use of the SPV will not result in any additional fees being charged to investors.

The SPV has been organized and will be operated for the sole purpose of directly acquiring, holding and disposing of the Company's securities, will not borrow money and will use all of the proceeds from the sale of its securities solely to purchase a single class of securities of the Company. As a result, an investor investing in the Company through the SPV will have the same relationship to the Company's securities, in terms of number, denomination, type and rights, as if the investor invested directly in the Company.

### Voting Rights

If the securities offered by the Company and those offered by the SPV have voting rights, those voting rights may be exercised by the investor or his or her proxy. The applicable proxy is the Lead Investor. If the Proxy (described below) is in effect.

# Proxy to the Lead Investor

The SPV securities have voting rights. With respect to those voting rights, the investor and his, her, or its transferees or assignees (collectively, the "Investor"), through a power of attorney granted by Investor in the Investor Agreement, has appointed or will appoint the Lead Investor as the Investor's true and lawful proxy and attorney (the "Proxy") with the power to act alone and with full power of substitution, on behalf of the Investor by: (i) vote all securities related to the Company purchased in an offering hosted by Wefunder Portal; and (ii) execute, in connection with such voting power, any instrument or document that the Lead Investor determines is necessary and appropriate in the exercise of his or her authority. Such Proxy will be irrevocable by the Investor unless and until a successor lead investor ("Replacement Lead Investor") takes the place of the Lead Investor. Upon notice that a Replacement Lead Investor has taken the place of the Lead Investor, the Investor will have five (5) calendar days to revoke the Proxy. If the Proxy is not revoked within the 5-day time period, it shall remain in effect.

# Restriction on Transferability

The SPV securities are subject to restrictions on transfer, as set forth in the Subscription Agreement and the Limited Liability Company Agreement of Wefunder SPV, LLC, and may not be transferred without the prior approval of the Company, on behalf of the SPV.

14. Do the securities offered have voting rights?

☑ Yes
☐ No

15. Are there any limitations on any voting or other rights identified above?

See the above description of the Proxy to the Lead Investor.

16. How may the terms of the securities being offered be modified?

This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and may be amended only by a writing executed by all parties.

Pursuant to authorization in the Investor Agreement between each Investor and Wefunder Portal, Wefunder Portal is authorized to take the following actions with respect to the investment contract between the Company and an investor:

A. Wefunder Portal may amend the terms of an investment contract, provided that the amended terms are more favorable to the investor than the original terms; and
B. Wefunder Portal may reduce the amount of an investor's investment if the reason for the reduction is that the Company's offering is oversubscribed.

# RESTRICTIONS ON TRANSFER OF THE SECURITIES BEING OFFERED:

The securities being offered may not be transferred by any purchaser of such securities during the one year period beginning when the securities were issued, unless such securities are transferred:

1. to the issuer;
2. to an accredited investor;
3. as part of an offering registered with the U.S. Securities and Exchange Commission; or
4. to a member of the family of the purchaser or the equivalent, to a trust controlled by the purchaser, to a trust created for the benefit of a member of the family of the purchaser or the equivalent, or in connection with the death or divorce of the purchaser or other similar circumstances.

NOTE: The term "accredited investor" means any person who comes within any of the categories set forth in Rule 501(a) of Regulation D, or who the seller reasonably believes comes within any of such categories, at the time of the sale of the securities to that person.

The term "member of the family of the purchaser or the equivalent" includes a child, stepchild, grandchild, parent, stepparent, grandparent, spouse or spousal equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law of the purchaser, and includes adoptive relationships. The term "spousal equivalent" means a cohabitant occupying a relationship generally equivalent to that of a spouse.

# DESCRIPTION OF ISSUER'S SECURITIES

17. What other securities or classes of securities of the issuer are outstanding? Describe the material terms of any other outstanding securities or classes of securities of the issuer:

| Class of Security | Securities (or Amount) Authorized | Securities (or Amount) Outstanding | Voting Rights |
| --- | --- | --- | --- |
| Common Stock | 15,000,000 | 10,000,000 | Yes |
| Series Seed-2 Preferred | 750,000 | 0 | Yes |
| Series Seed-1 Preferred | 500,000 | 0 | Yes |

Securities Reserved for
Issuance upon Exercise or Conversion

| Class of Security | Warrants: |
| --- | --- |
| Options: | 1,568,038 |

Describe any other rights:

Series Seed-1 Preferred and Series Seed-2 Preferred are identical securities except for the liquidation preference which is equal to 1x $0.500 in the case of Series A-1 Preferred and 1x $1.000 in the case of Series A-2 Preferred

18. How may the rights of the securities being offered be materially limited, diluted or qualified by the rights of any other class of security identified above?

The holders of a majority-in-interest of voting rights in the Company could limit the investor's rights in a material way. For example, those interest holders could vote to change the terms of the agreements governing the Company's operations or cause the Company to engage in additional offerings (including potentially a public offering).

These changes could result in further limitations on the voting rights the investor will have as an owner of equity in the Company, for example by diluting those

rights or limiting them to certain types of events or consents.

To the extent applicable, in cases where the rights of holders of convertible debt, SAFES, or other outstanding options or warrants are exercised, or if new awards are granted under our equity compensation plans, an investor's interests in the Company may be diluted. This means that the pro-rata portion of the Company represented by the Investor's securities will decrease, which could also diminish the Investor's voting and/or economic rights. In addition, as discussed above, if a majority-in-interest of holders of securities with voting rights cause the Company to issue additional equity, an investor's interest will typically also be diluted.

Based on the risk that an investor's rights could be limited, diluted or otherwise qualified, the investor could lose all or part of his or her investment in the securities in this offering, and may never see positive returns.

Additional risks related to the rights of other security holders are discussed below, in Question 20.

19. Are there any differences not reflected above between the securities being offered and each other class of security of the issuer?

No.

20. How could the exercise of rights held by the principal shareholders identified in Question 6 above affect the purchasers of the securities being offered?

As holders of a majority-in-interest of voting rights in the Company, the shareholders may make decisions with which the investor disagrees, or that negatively affect the value of the Investor's securities in the Company, and the investor will have no recourse to change these decisions. The Investor's interests may conflict with those of other investors, and there is no guarantee that the Company will develop in a way that is optimal for or advantageous to the Investor.

For example, the shareholders may change the terms of the articles of incorporation for the company, change the terms of securities issued by the Company, change the management of the Company, and even force out minority holders of securities. The shareholders may make changes that affect the tax treatment of the Company in ways that are unfavorable to you but favorable to them. They may also vote to engage in new offerings and/or to register certain of the Company's securities in a way that negatively affects the value of the securities the Investor owns. Other holders of securities of the Company may also have access to more information than the Investor, leaving the Investor at a disadvantage with respect to any decisions regarding the securities he or she owns.

The shareholders have the right to redeem their securities at any time. Shareholders could decide to force the Company to redeem their securities at a time that is not favorable to the Investor and is damaging to the Company. Investors' exit may affect the value of the Company and/or its viability.

In cases where the rights of holders of convertible debt, SAFES, or other outstanding options or warrants are exercised, or if new awards are granted under our equity compensation plans, an investor's interests in the Company may be diluted. This means that the pro-rata portion of the Company represented by the Investor's securities will decrease, which could also diminish the Investor's voting and/or economic rights. In addition, as discussed above, if a majority-in-interest of holders of securities with voting rights cause the Company to issue additional stock, an investor's interest will typically also be diluted. Based on the risks described above, the investor could lose all or part of his or her investment in the securities in this offering, and may never see positive returns.

21. How are the securities being offered being valued? Include examples of methods for how such securities may be valued by the issuer in the future, including during subsequent corporate actions.

The offering price for the securities offered pursuant to this Form C has been determined arbitrarily by the Company, and does not necessarily bear any relationship to the Company's book value, assets, earnings or other generally accepted valuation criteria. In determining the offering price, the Company did not employ investment banking firms or other outside organizations to make an independent appraisal or evaluation. Accordingly, the offering price should not be considered to be indicative of the actual value of the securities offered hereby.

In the future, we will perform valuations of our common stock that take into account factors such as the following:

1. unrelated third party valuations of our common stock;
2. the price at which we sell other securities, such as convertible debt or preferred Stock, in light of the rights, preferences and privileges of our those securities relative to those of our common stock;
3. our results of operations, financial position and capital resources;
4. current business conditions and projections;
5. the lack of marketability of our common stock;
6. the hiring of key personnel and the experience of our management;
7. the introduction of new products;
8. the risk inherent in the development and expansion of our products;
9. our stage of development and material risks related to our business;
10. the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business;
11. industry trends and competitive environment;
12. trends in consumer spending, including consumer confidence;
13. overall economic indicators, including gross domestic product, employment, inflation and interest rates; and
14. the general economic outlook.

We will analyze factors such as those described above using a combination of financial and market-based methodologies to determine our business enterprise value. For example, we may use methodologies that assume that businesses operating in the same industry will share similar characteristics and that the Company's value will correlate to those characteristics, and/or methodologies that compare transactions in similar securities issued by us that were conducted in the market.

22. What are the risks to purchasers of the securities relating to minority ownership in the issuer?

An Investor in the Company will likely hold a minority position in the Company, and thus be limited as to its ability to control or influence the governance and operations of the Company.

The marketability and value of the Investor's interest in the Company will depend upon many factors outside the control of the Investor. The Company will be

managed by its officers and be governed in accordance with the strategic direction and decision-making of its Board Of Directors, and the Investor will have no independent right to name or remove an officer or member of the Board Of Directors of the Company.

Following the Investor's investment in the Company, the Company may sell interests to additional investors, which will dilute the percentage interest of the Investor in the Company. The Investor may have the opportunity to increase its investment in the Company in such a transaction, but such opportunity cannot be assured.

The amount of additional financing needed by the Company, if any, will depend upon the maturity and objectives of the Company. The declining of an opportunity or the inability of the investor to make a follow-on investment, or the lack of an opportunity to make such a follow-on investment, may result in substantial dilution of the investor's interest in the Company.

23. What are the risks to purchasers associated with corporate actions, including additional issuances of securities, issuer repurchases of securities, a sale of the issuer or of assets of the issuer or transactions with related parties?

Additional issuances of securities. Following the Investor's investment in the Company, the Company may sell interests to additional investors, which will dilute the percentage interest of the Investor in the Company. The Investor may have the opportunity to increase its investment in the Company in such a transaction, but such opportunity cannot be assured. The amount of additional financing needed by the Company, if any, will depend upon the maturity and objectives of the Company. The declining of an opportunity or the inability of the Investor to make a follow-on investment, or the lack of an opportunity to make such a follow-on investment, may result in substantial dilution of the Investor's interest in the Company.

Issuer repurchases of securities. The Company may have authority to repurchase its securities from shareholders, which may serve to decrease any liquidity in the market for such securities, decrease the percentage interests held by other similarly situated investors to the Investor, and create pressure on the Investor to sell its securities to the Company concurrently.

A sale of the issuer or of assets of the issuer. As a minority owner of the Company, the Investor will have limited or no ability to influence a potential sale of the Company or a substantial portion of its assets. Thus, the Investor will rely upon the executive management of the Company and the Board of Directors of the Company to manage the Company so as to maximize value for shareholders. Accordingly, the success of the Investor's investment in the Company will depend in large part upon the skill and expertise of the executive management of the Company and the Board of Directors of the Company. If the Board Of Directors of the Company authorizes a sale of all or a part of the Company, or a disposition of a substantial portion of the Company's assets, there can be no guarantee that the value received by the Investor, together with the fair market estimate of the value remaining in the Company, will be equal to or exceed the value of the Investor's initial investment in the Company.

Transactions with related parties. The Investor should be aware that there will be occasions when the Company may encounter potential conflicts of interest in its operations. On any issue involving conflicts of interest, the executive management and Board of Directors of the Company will be guided by their good faith judgement as to the Company's best interests. The Company may engage in transactions with affiliates, subsidiaries or other related parties, which may be on terms which are not arm's-length, but will be in all cases consistent with the duties of the management of the Company to its shareholders. By acquiring an interest in the Company, the Investor will be deemed to have acknowledged the existence of any such actual or potential conflicts of interest and to have waived any claim with respect to any liability arising from the existence of any such conflict of interest.

24. Describe the material terms of any indebtedness of the issuer:

Loan

Lender Bradley Kuo and Hesen Jabr

Issue date 12/29/22

Amount $11,500.00

Outstanding principal plus interest $11,595.83 as of 12/30/22

Interest rate 10.0% per annum

Maturity date 01/30/23

Current with payments Yes

1. Measure of Payment

All payments on this Note shall be made by wire transfer of immediately available funds or by bank sheet to an account designated by Payee in writing. If any payment on this Note is due on a day which is not a Business Day, such payment shall be due on the next succeeding Business Day. "Business Day" means any day other than a Saturday, Sunday or legal holiday in the State of Delaware.

2. Interest Rate

Simple interest shall accrue on the unpaid and outstanding principal balance of this note commencing on the date hereof and continuing until repayment of this note in full at a rate per annum equal to 50%.

3. Prepayment

This Note may be prepaid, in whole or in part, at any time by Maker without premium or penalty; provided, however, that if this Note is prepaid, any such prepayment amount shall be applied first to all accrued and unpaid interest and the remainder in the outstanding principal amount of this Note. From and after the date of any prepayment, interest shall cease to accrue on the portion of the principal amount of this Note as prepaid.

4. Definite

4.1 Events of Definite

The occurrence of any one or more of the following events with respect to Maker shall constitute an event of default hereunder ("Event of Definite"):

(a) If Maker fails to pay timely any of the principal amount plus interest due under this Note on the date the same becomes due and payable;

(b) If the Maker is dissolved or liquidated, or otherwise ceased to exist, or all or substantially all of the assets of the Maker are sold or otherwise transferred without Payee's written consent;

(c) If, pursuant to or within the meaning of the United States Bankruptcy Code or any other federal or state law relating to insolvency or relief of debtors (or "Bankruptcy Law"), Maker shall (i) commence a voluntary asset or proceeding; (ii) consent in the entry of an order for relief against it in an insolvency case; (iii) consent in the appointment of a trustee, assessor, assignor, liquidator or similar official; (iv) make an assignment for the benefit of its creditors; or (v) submit in writing its inability to pay its debts as they become due; or

(d) If a result of competent jurisdiction occurs an order or decree under any Bankruptcy Law that (i)

is for relief against Males in an involuntary case, (ii) appoints a trustee, receiver, assignee, legislator or similar official for Males or substantially all of Males's properties, or (iii) orders the legislation of Males and in each case the order or decree is not dismissed within 120 days.

# 4.2 Notice by Males

Males shall notify Payee in writing within five (5) days after the occurrence of any Event of Default of which Males requires knowledge.

# 4.3 Remedies

Upon the occurrence of an Event of Default hereunder (unless all Events of Default have been cured or waived by Payee), Payee may exercise any and all rights and remedies available to it hereunder. Males shall pay all reasonable costs and expenses incurred by or on behalf of Payee in connection with Payee's exercise of any or all of its rights and remedies under this Note, including, without limitation, reasonable attorneys' fees.

# 5. Miscellaneous

# 5.1 Waiver

The rights and remedies of Payee under this Note shall be cumulative and not alternative. No waiver by Payee of any right or remedy under this Note shall be effective unless in a writing signed by Payee. Neither the failure nor any delay in exercising any right, power or privilege under this Note will operate as a waiver of such right, power or privilege and no single or partial exercise of any such right, power or privilege by Payee will preclude any other or further exercise of such right, power or privilege or the exercise of any other right, power or privilege. To the maximum extent permitted by applicable law, (a) no claim or right of Payee arising out of this Note can be discharged by Payee, in whole or in part, by a waiver or renunciation of the claim or right unless in a writing, signed by Payee; (b) no waiver that may be given by Payee will be applicable except to the specific instance for which it is given; and (c) no notice to or demand on Males will be deemed to be a waiver of any obligation of Males or of the right of Payee to take further action without notice or demand as provided in this Note. Males hereby waive, preeminent, demand, process and notice of dishonor and protest.

# 5.2 Notices

All notices and other communications given or made pursuant to this Agreement will be in writing and will be deemed effectively given upon the earlier of actual receipt, or (a) personal delivery to the party to be notified, (b) when seen, if sent by electronic mail or facsimile during normal business hours of the recipient, and if not sent during normal business hours, then on the recipient's next business day (c) five days after leaving home sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one business day after deposit with a nationally recognized overnight courier, freight prepaid, specifying new business day delivery, with written verification of receipt. All communications will be sent to the respective parties at their address as set forth on the signature page or to such e-mail address, facsimile number or address as subsequently modified by written notice given in accordance with this Indices Item 5.2.

# 5.3 Severability

If any provision in this Note is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Note will remain in full force and effect. Any provision of this Note held invalid or unenforceable only in part or degree will remain in full force and effect in the event not held invalid or unenforceable.

# 5.4 Governing Law

This Note will be governed by the laws of the State of Delaware without regard to conflicts of laws principles.

# 5.5 Section headings, Construction

(a) The headings of Sections in this Note are provided for convenience only and will not affect its construction or interpretation. All references to "Section" or "Sections" refer to the corresponding Section or Sections of this Note unless otherwise specified.

(b) All words used in this Note will be construed in lieu of such gender or number as the circumstances require. Unless otherwise expressly provided, the words "formal" and "hereunder" and similar references refer to this Note in its entirety and not to any specific section or subsection hereof.

INSTRUCTION TO QUESTION 25: name the entities, amount owed, interest rate, maturity date, and any other material terms.

25. What other exempt offerings has the issuer conducted within the past three years?

| Offering Date | Exemption | Security Type | Amount Sold | Use of Proceeds |
| --- | --- | --- | --- | --- |
| 12/2021 | Section 4(a)(2) |  | $33,200 | General operations |
| 12/2022 | Section 4(a)(2) |  | $125,310 | General operations |

26. Was or is the issuer or any entities controlled by or under common control with the issuer a party to any transaction since the beginning of the issuer's last fiscal year, or any currently proposed transaction, where the amount involved exceeds five percent of the aggregate amount of capital raised by the issuer in reliance on Section 4(a)(3) of the Securities Act during the preceding 12-month period, including the amount the issuer seeks to raise in the current offering, in which any of the following persons had or is to have a direct or indirect material interest:

1. any director or officer of the issuer;
2. any person who is, as of the most recent practicable date, the beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, calculated on the basis of voting power;
3. if the issuer was incorporated or organized within the past three years, any promoter of the issuer;
4. or any immediate family member of any of the foregoing persons.

☑ Yes
☐ No

For each transaction specify the person, relationship to issuer, nature of interest in transaction, and amount of interest.

Name Denis Rono

Amount invested $125,310.00

Transaction type Other

Issue date 12/29/22

Relationship Founder

Capital contribution from founder

Name Bradley Kao and Hesen Jabr

Amount invested $11,500.00

Transaction type Loan

Issue date 12/29/22

Outstanding principal plus interest $11,595.63 as of 12/30/22

Interest rate 10.0% per annum

Maturity date 01/30/23

Current with payments

Yes

Relationship

Founding team

INSTRUCTIONS IN QUESTION 24: The term transaction includes that is not limited to any financial transaction, arrangements or relationship (including any indebtedness or guarantee of indebtedness) or any series of similar transactions, arrangements or relationships.

Beneficial ownership (or purposes of paragraph 22) shall be determined as of a date that is no more than 120 days prior to the date of filing of this offering statement and using the same information described in Questions 24 of the Questions and Manual format.

The term "member of the family" includes any child, scientist, guard/child, parent, supporter, grandparent, spouse or spousal equivalent, sibling, mother-in-law, father-in-law, non-in-law, daughter-in-law, brother-in-law, or sister-in-law of the person, and includes adoptive relationships. The term "spousal equivalent" means a substitute occupying a relationship generally equivalent to that of a spouse.

Complete the amount of a related party's interest in any transaction without regard to the amount of the people or fees involved in the transaction. Where it is not practicable to state the approximate amount of the interest, disclose the approximate amount received to the transaction.

## FINANCIAL CONDITION OF THE ISSUER

27. Does the issuer have an operating history?

☑ Yes
☐ No

28. Describe the financial condition of the issuer, including, to the extent material, liquidity, capital resources and historical results of operations.

### Management's Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

#### Overview

Comprehensive electronic health record system.

This company was Founded by Denis Rona, a Psychiatric Nurse Practitioner. He saw that EHR and related systems cost were the highest expense in his practice. He reached out to other providers and they voiced the same concern. When providers worry less about business expenses, they have more time to provide much needed patient care.

Npcloud solutions provides a Cloud based Electronic Health Record (EHR) that is Comprehensive, high quality and affordable. Our EHR will streamline workflows and reduce costs for mental health professionals, allowing them to deliver better patient care.

Our 5 year goal is to have over 50,000 users. This will mean saving our users over $1,000,000 annually. With enough funding we will have our own E-prescribing software certified by surescripts, Clearinghouse and complete set of solutions that healthcare providers need in managing their patients and getting paid. Having our own Clearinghouse and E-prescribing solution will open a Major revenue stream for the company. Forward-looking projections cannot be guaranteed.

#### Milestones

Npcloud Solutions Inc. was incorporated in the State of Delaware in November 2021.

Since then, we have:

- Attractive platform & pricing model. Hundreds of industry professionals have voiced their support.
- Growing market demand for electronic health record systems.
- Massive market opportunity. The EHR software market was nearly $300 in 2020. Potential mkt size 400k Providers.
- Experienced team. We have a strong team with a proven track record in healthcare and technology.
- Scalability. Our company has the ability to easily scale and accommodate a growing user base.
- Our system is built to meet the ONC-IT Certification standards with high safety and performance.

The Company is subject to risks and uncertainties common to early-stage companies. Given the Company's limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future.

#### Historical Results of Operations

Our company was organized in November 2021 and has limited operations upon which prospective investors may base an evaluation of its performance.

- *Bentley & Grier Marys*. For the period ended December 31, 2022, the Company had revenues of $0 compared to the year ended December 31, 2021, when the Company had revenues of $0.
- *Acorn*. As of December 31, 2022, the Company had total assets of $4,280, including $2,780 in cash. As of December 31, 2021, the Company had $30,084 in total assets, including $26,584 in cash.
- *Xer Low*. The Company has had net losses of $163,613.53 and net losses of $3,116 for the fiscal years ended December 31, 2022 and December 31, 2021, respectively.
- *Lumbers*. The Company's liabilities totaled $11,500 for the fiscal year ended December 31, 2022 and $0 for the fiscal year ended December 31, 2021.

# Related Party Transaction

Refer to Question 26 of this Form C for disclosure of all related party transactions.

# Liquidity & Capital Resources

To-date, the company has been financed with $11,500 in debt.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 6 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don't have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 12 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

# Runway & Short/Mid Term Expenses

NpCloud Solutions Inc. cash in hand is $10,608.60, as of January 2023. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $17,000/month, for an average burn rate of $17,000 per month. Our intent is to be profitable in 18 months.

Most of our expenses are related to development. We still have more development in the next 2-3 months as we prepare to go live. We also have to complete certification which is a big expense that we have to undertake to make sure our EHR meets ONC-IT standards. As we finish up development, we will start our marketing plan as we get to market.

In 6 months, we project expenses to be $66,050 per month and revenue to be $0. Our revenue will grow as we scale. We need at least $100,000 to enable us to develop the Electronic Health Record system and all the base features included. We need $1,000,000 to enable us to develop a complete product to include an integrated clearinghouse. Some features can use integrations in the beginning while we secure more funding. Hoping to have the product live in Spring 2023.

We are not profitable yet. We need at least $1,000,000 to reach the point of profitability. We will be profitable within 12-18 months. We have developed a great marketing plan that will help us reach these goals faster.

We plan to utilize loans until we can get access to the funds raised in Wefunder. Some of our staff and developers are ok working and getting paid later once funding is secured.

All projections in the above narrative are forward-looking and not guaranteed.

JUSTICE TOWN PROJECTION 29. The discussion must cover such part for which financial statements are provided. For issuers with no prior operating history, the discussion should focus on financial risk factors and operational, liquidity and other challenges. For issuers with an operating history, the discussion should focus on whether historical results and cash flows are representative of what investors should expect in the future. This has aroused the strength of the offering and any other means of providing sources of capital. Unless both the proceeds from the offering will affect liquidity, whether receiving more funds and any other additional funds is necessary to the stability of the business, and how quickly the issuer anticipates using its available cash. In order to be able to establish sources of capital in the business, we have lines of credit or required contributions for shareholders. Activities in the return to this Question 26 and these instructions refer to the issuer and its predecessors, if any.

# FINANCIAL INFORMATION

29. Include financial statements covering the two most recently completed fiscal years or the period(s) since inception, if shorter.

Refer to Appendix C, Financial Statements

I, Denis Rona, certify that:

(1) the financial statements of NpCloud Solutions Inc. included in this Form are true and complete in all material respects; and

(2) the financial information of NpCloud Solutions Inc. included in this Form reflects accurately the information reported on the tax return for NpCloud Solutions Inc. filed for the most recently completed fiscal year.

Denis Rona
CEO

# STAKEHOLDER ELIGIBILITY

30. With respect to the issuer, any predecessor of the issuer, any affiliated issuer, any director, officer, general partner or managing member of the issuer, any beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, any promoter connected with the issuer in any capacity at the time of such sale, any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with such sale of securities, or any general partner, director, officer or managing member of any such solicitor, prior to May 16, 2018.

(1) Has any such person been convicted, within 10 years (or five years, in the case of issuers, their predecessors and affiliated issuers) before the filing of this offering statement, of any felony or misdemeanor:

i. In connection with the purchase or sale of any security? ☐ Yes ☑ No

ii. Involving the making of any false filing with the Commission? ☐ Yes ☑ No

iii. arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, funding portal or paid solicitor of purchasers of securities? ☐ Yes ☑ No

(2) Is any such person subject to any order, judgment or decree of any court of competent jurisdiction, entered within five years before the filing of the information required by Section 4A(b) of the Securities Act that, at the time of filing of this offering statement, restrains or enjoys such person from engaging or continuing to engage in any conduct or practice:

i. In connection with the purchase or sale of any security? ☐ Yes ☑ No

ii. Involving the making of any false filing with the Commission? ☐ Yes ☑ No

iii. arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, funding portal or paid solicitor of purchasers of securities? ☐ Yes ☑ No

(3) Is any such person subject to a final order of a state securities commission (or an agency or officer of a state performing like functions), a state authority that supersizes or examines banks, savings associations or credit unions, a state insurance commission (or an agency or officer of a state performing like functions), an appropriate federal banking agency; the U.S. Commodity Futures Trading Commission or the National Credit Union Administration that:

i. at the time of the filing of this offering statement bars the person from:

A. association with an entity regulated by such commission, authority, agency or officer? ☐ Yes ☑ No

B. engaging in the business of securities, insurance or banking? ☐ Yes ☑ No

C. engaging in savings association or credit union activities? ☐ Yes ☑ No

ii. constitutes a final order based on a violation of any law or regulation that prohibits fraudulent, manipulative or deceptive conduct and for which the order was entered within the 10-year period ending on the date of the filing of this offering statement? ☐ Yes ☑ No

(4) Is any such person subject to an order of the Commission entered pursuant to Section 16(k) or 408(c) of the Exchange Act or Section 205(b) or (f) of the Investment Advisers Act of 1940 that, at the time of the filing of this offering statement:

i. suspends or revokes such person's registration as a broker, dealer, municipal securities dealer, investment adviser or funding portal? ☐ Yes ☑ No

ii. places limitations on the activities, functions or operations of such person?

☐ Yes ☑ No

iii. bars such person from being associated with any entity or from participating in the offering of any penny stock? ☐ Yes ☑ No

(5) Is any such person subject to any order of the Commission entered within five years before the filing of this offering statement that, at the time of the filing of this offering statement, orders the person to cease and desist from committing or causing a violation or future violation of:

i. any scanner-based anti-fraud provision of the federal securities laws, including without limitation Section 10(a)(3) of the Securities Act, Section 10(b) of the Exchange Act, Section 10(c)(3) of the Exchange Act and Section 205(1) of the Investment Advisers Act of 1940 or any other sale or regulation thereunder? ☐ Yes ☑ No

ii. Section 5 of the Securities Act? ☐ Yes ☑ No

(6) Is any such person suspended or expelled from membership in, or suspended or barred from association with a member of, a registered national securities exchange or a registered national or affiliated securities association for any act or omission to act constituting conduct inconsistent with just and equitable principles of trade?

☐ Yes ☑ No

(7) Has any such person filed (as a registrant or issuer), or was any such person or was any such person named as an underwriter in, any registration statement or Regulation A offering statement filed with the Commission that, within five years before the filing of this offering statement, was the subject of a refusal order, stop order, or order suspending the Regulation A exemption, or is any such person, at the time of such filing, the subject of an investigation or proceeding to determine whether a stop order or suspension order should be issued?

☐ Yes ☑ No

(8) Is any such person subject to a United States Postal Service false representation order entered within five years before the filing of the information required by Section 4A(b) of the Securities Act, or is any such person, at the time of filing of this offering statement, subject to a temporary restraining order or preliminary injunction with respect to conduct alleged by the United States Postal Service to constitute a scheme or device for obtaining money or property through the mail by means of false representations?

☐ Yes ☑ No

If you would have answered "Yes" to any of these questions had the conviction, order, judgment, decree, suspension, expulsion or bar secured or been issued after May 16, 2016, then you are NOT eligible to rely on this exemption under Section 4C(d)(6) of the Securities Act.

INSTRUCTIONS FROM PUBLICATION 18. Final order means a written directive or declaratory statement issued by a federal or state agency, described in Rule 18(a)(2) of the Federal Trade Commission, under applicable statutes, authorizing that provides for notice and an opportunity for hearing, which constitutes a final disposition or action by that federal or state agency.

No matters are required to be disclosed with respect to events relating to any affiliated issuer that occurred before the affiliation error. If the affiliated entity is not in the context of the issuer or (f) under common control with the issuer by a third party that was in control of the affiliated entity at the time of such events.

## OTHER MATERIAL INFORMATION

31. In addition to the information expressly required to be included in this Form, include:

- (1) any other material information presented to investors; and

- (2) such further material information, if any, as may be necessary to make the required statements, in the light of the circumstances under which they are made, not misleading.

The Lead Investor. As described above, each Investor that has entered into the Investor Agreement will grant a power of attorney to make voting decisions on behalf of that Investor to the Lead Investor (the "Proxy"). The Proxy is irrevocable unless and until a Successor Lead Investor takes the place of the Lead Investor, in which case, the Investor has a five (5) calendar day period to revoke the Proxy. Pursuant to the Proxy, the Lead Investor or his or her successor will make voting decisions and take any other actions in connection with the voting on Investors' behalf.

The Lead Investor is an experienced investor that is chosen to act in the role of Lead Investor on behalf of Investors that have a Proxy in effect. The Lead Investor will be chosen by the Company and approved by Wefunder Inc. and the identity of the initial Lead Investor will be disclosed to Investors before Investors make a final investment decision to purchase the securities related to the Company.

The Lead Investor can quit at any time or can be removed by Wefunder Inc. for cause or pursuant to a vote of Investors as detailed in the Lead Investor Agreement. In the event the Lead Investor quits or is removed, the Company will choose a Successor Lead Investor who must be approved by Wefunder Inc. The identity of the Successor Lead Investor will be disclosed to Investors, and those that have a Proxy in effect can choose to either leave such Proxy in place or revoke such Proxy during a 5-day period beginning with notice of the replacement of the Lead Investor.

The Lead Investor will not receive any compensation for his or her services to the SPV. The Lead Investor may receive compensation if, in the future, Wefunder Advisors LLC forms a fund ("Fund") for accredited investors for the purpose of investing in a non-Regulation Crowdfunding offering of the Company. In such as circumstance, the Lead Investor may act as a portfolio manager for that Fund (and as a supervised person of Wefunder Advisors) and may be compensated through that role.

Although the Lead Investor may act in multiple roles with respect to the Company's offerings and may potentially be compensated for some of its services, the Lead Investor's goal is to maximize the value of the Company and therefore maximize the value of securities issued by or related to the Company. As a result, the Lead Investor's interests should always be aligned with those of investors. It is, however, possible that in some limited circumstances the Lead Investor's interests could diverge from the interests of investors, as discussed in section 8 above.

Investors that wish to purchase securities related to the Company through Wefunder Portal must agree to give the Proxy described above to the Lead Investor, provided that if the Lead Investor is replaced, the Investor will have a 5-day period during which he or she may revoke the Proxy. If the Proxy is not revoked during this 5-day period, it will remain in effect.

Tax Filings. In order to complete necessary tax filings, the SPV is required to include information about each investor who holds an interest in the SPV, including each investor's taxpayer identification number ("TIN") (e.g., social security number or employer identification number). To the extent they have not already done so, each investor will be required to provide their TIN within the earlier of (i) two (2) years of making their investment or (ii) twenty (20) days prior to the date of any distribution from the SPV. If an investor does not provide their TIN within this time, the SPV reserves the right to withhold from any proceeds otherwise payable to the investor an amount necessary for the SPV to satisfy its tax withholding obligations as well as the SPV's reasonable estimation of any penalties that may be charged by the IRS or other relevant authority as a result of the investor's failure to provide their TIN. Investors should carefully review the terms of the SPV Subscription Agreement for additional information about tax filings.

AUSTINIC INVESTING PROPOSITION 10. (i) Information is presented to investors in a format, media or other means suitable to be reflected in the or periodic document format, the issuer should include:

- (a) a description of the material content of such information;
- (b) a description of the format in which such disclosure is presented; and
- (c) in the case of disclosure in tabo, audio or other dynamic media or format, a transcription or description of such disclosure.

## ONGOING REPORTING

12. The issuer will file a report electronically with the Securities & Exchange Commission annually and post the report on its website, no later than

120 days after the end of each fiscal year covered by the report.

13. Once posted, the annual report may be found on the issuer's website at:
https://www.npcloudsolutions.com/Invest

The issuer must continue to comply with the ongoing reporting requirements until:

1. the issuer is required to file reports under Exchange Act Sections 13(a) or 13(b);
2. the issuer has filed at least one annual report and has fewer than 300 holders of record;
3. the issuer has filed at least three annual reports and has total assets that do not exceed $10 million;
4. the issuer or another party purchases or repurchases all of the securities issued pursuant to Section 4(c)(6), including any payment in full of debt securities or any complete redemption of redeemable securities, or the issuer liquidates or dissolves in accordance with state law.

## APPENDICES

Appendix A: Business Description & Plan

Appendix B: Investor Contracts

SPV Subscription Agreement - Early Bird
Early Bird NpCloud Solutions Subscription Agreement
SPV Subscription Agreement
NpCloud Solutions Subscription Agreement

Appendix C: Financial Statements

Financials 1
Financials 2

Appendix D: Director & Officer Work History

Bradley Kuo
Denis Rono
Denis Rono
Jennie Stormes
Marie Crawford
Norman McNeley
Robert Glenn

Appendix E: Supporting Documents

ttw_communications_109446_224843.pdf

## Signatures

An unbiased investment or acquisition of fair investment defined under a common law of U.S.C. 1001

The following documents will be filed with the SEC:

Cover Page XML

Offering Statement (this page)

Appendix A: Business Description & Plan

Appendix B: Investor Contracts

SPV Subscription Agreement - Early Bird

Early Bird NpCloud Solutions Subscription Agreement

SPV Subscription Agreement

NpCloud Solutions Subscription Agreement

Appendix C: Financial Statements

Financials 1

Financials 2

Appendix D: Director & Officer Work History

Bradley Kuo

Denis Rono

Denis Rono

Jennie Stormes

Marie Crawford

Norrine McNelley

Robert Glenn

Appendix E: Supporting Documents

ffw_communications_109446_224843.pdf

Pursuant to the requirements of Sections 4(a)(8) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100 et seq.), the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form C and has duly caused this Form to be signed on its behalf by the duly authorized undersigned.

NpCloud Solutions Inc.

By

Denis Rono

Founder/CEO, Project Lead

Pursuant to the requirements of Sections 4(a)(8) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100 et seq.), this Form C and Transfer Agent Agreement has been signed by the following persons in the capacities and on the dates indicated.

Jennie Stormes

PMHNP-BC/MMC Owner

2/11/2023

Norrine McNelley

Board member

2/10/2023

Robert Glenn

Psychiatrist

2/10/2023

Bradley Kuo

Partner

2/10/2023

Marie Crawford

Psychologist

2/10/2023

Denis Rono

Founder/CEO/President

2/10/2023

Denis Rono

Founder/CEO, Project Lead

2/10/2023

The Form C may be issued by the issuer to principal members (the one of them is a limited financial offer to a member of a limited ownership firm).

Wefunder Portal | Wefunder Portal | Public Information | Public Information

I authorize Wefunder Portal to submit a Form C to the SEC based on the information I provided through this online form and my company's Wefunder profile.

As an authorized representative of the company, I appoint Wefunder Portal as the company's true and lawful representative and attorney-in-fact, in the company's name, place and stead to make, execute, sign, acknowledge, swear to and file a Form C on the company's behalf. This power of attorney is coupled with an interest and is irrevocable. The company hereby waives any and all defenses that may be available to contest, negate or disaffirm the actions of Wefunder Portal taken in good faith under or in reliance upon this power of attorney.

**Attachment 2:** `document_2.pdf`

![img-0.jpeg](img-0.jpeg)

INVEST IN NPCLOUD SOLUTIONS INC.

# Comprehensive electronic health record system.

LEAD INVESTOR

Bradley Kuo

I have been watching the growth of this company and product over the past several months. I have observed the CEO's dedication and leadership in this process and know that, through what I observed, he is the leader this company and project needs. This project will come to fruition and that is the most important aspect. This product will fill a niche in a market that offers similar products, but is able to be more and better. This project is headed in the right direction and that is why I am investing.

Invested $9,000 this round & $6,500 previously

npcloudsolutions.com

Mooresville NC

Technology

B2B

Healthcare

B2C

Minority Founder

Highlights

1. 1 Attractive platform & pricing model. Hundreds of industry professionals have voiced their support.
2. 2 Growing market demand for electronic health record systems.
3. 3 Massive market opportunity. The EHR software market was nearly \$30B in 2020. Potential mkt size is 1 Million Providers.
4. 4 Experienced team. We have a strong team with a proven track record in healthcare and technology.
5. 5 Scalability. Our company has the ability to easily scale and accommodate a growing user base.
6. 6 Our system is built to meet the ONC-IT Certification standards with high safety and performance.

## Our Founder

![img-1.jpeg](img-1.jpeg)

**Denis Rono** Founder/CEO, Project Lead

Denis is a psychiatric nurse practitioner with over 12 years of healthcare experience and his own private practice. After realizing that EHR costs were one of his practice's biggest expenses, he set out to build a solution

This company was Founded by Denis Rono, a Psychiatric Nurse Practitioner. He saw that EHR and related systems cost were the highest expense in his practice. He reached out to other providers and they voiced the same concern. When providers worry less about business expenses, they have more time to provide much needed patient care.

## Invest in NpCloud Solutions Inc. Cloud Based

# Electronic Health Record

![img-2.jpeg](img-2.jpeg)

Comprehensive, high-quality & affordable electronic health record system.

NpCloud Solutions

High-Value EHR Software

## NpCloud Solutions

We are building a cloud-based electronic health record (EHR) to streamline workflows and reduce costs for mental health and primary care providers, allowing them to deliver better patient care.

Investor Pitch deck 2022

We are building a Cloud-based Electronic Health Record (EHR) that aims to be comprehensive, high quality, and affordable. The solution aims to offer increased effectiveness at a low cost without compromising on quality. EHR systems costs remain one of the key challenges healthcare providers face in their practices today.

![img-3.jpeg](img-3.jpeg)

## Fast Facts

NpCloud Solutions

Key Highlights:

01

Product prototype mapped with experienced developers currently in production.

02

600+ psychiatric nurse practitioners have showed interest in our product.

![img-4.jpeg](img-4.jpeg)

Industry: EHR Software

Market Size: $26.8B in 2020

Target Customers: Healthcare providers(Mental health and Primary care)

Investor Pitch deck 2022

We have mapped out our product, and our developers are in production. More funding will enable us to ramp up our production efforts and have a Market ready product by the Summer of 2023. We have received great support from healthcare providers who share in our mission to lower the cost of EHR systems.

## The Problem

Over 1,000,000 healthcare providers across the U.S. are spending $2,000 - $25,000 per provider every year on EHR products with limited features and functionality.

Solutions

![img-5.jpeg](img-5.jpeg)

Practices pay $2000-25,000/year per provider in EHR-related costs. A typical provider for example would pay these EHR-related costs monthly: $150 for the EHR, $150+ for clearinghouse solutions, up to $50 or more for a scheduling platform like Calendly or secure video, and up to $50 or more for a video platform like Zoom or Doxy in addition to other costs. Our solution will cut these costs by 40% and bring everything under one roof. Under one package, our EHR will have these features:

*E-prescribing with Electronic Prescriptions for Controlled Substances (EPCS), Ability to order and receive lab results, Secured HIPAA-compliant patient portal, Improved clinical workflows with customizable forms(Intake forms and templates), Seamless communication with other EHR systems, Improved clinical decision tools, Integrated billing, Super billing and linking to a clearinghouse, ONC-IT certification standards, Secure Telehealth Video Conferencing system Included, Practice Dashboard with Key metrics, and a Scheduling platform.*

## Our Solution

NpCloud Solutions will offer a comprehensive EHR product with features tailored to mental health and primary care providers for

![img-6.jpeg](img-6.jpeg)

less than those on the market today.

Comprehensive, high-quality & affordable electronic health record system.

![img-7.jpeg](img-7.jpeg)

![img-8.jpeg](img-8.jpeg)

We are providing an end-to-end solution that is efficient and affordable. A Provider will be able to manage patient care and get paid with ease with our platform without spending a fortune.

![img-9.jpeg](img-9.jpeg)

Investor Pitch deck 2022

## Key Features

- ✓ E-prescribing with Electronic Prescriptions for Controlled Substances (EPCS)
- ✓ Order and receive lab results
- ✓ Secured Hipaa-compliant patient portal
- ✓ Improved clinical workflows with customizable forms (Intake forms and templates)
- ✓ Seamless communication with other EHR systems
- ✓ Improved clinical decision tools
- ✓ Integrated billing, superbilling and link to a clearinghouse
- ✓ ONC-IT certification standards
- ✓ Secure Telehealth Video Conferencing system Included
- ✓ Practice Dashboard with Key metrics
- ✓ Scheduling tools

Our EHR system will be built with great input for the providers who will use it. To ensure high quality and standards, the EHR will be ONC-IT certified.

# Traction

NpCloud Solutions

01

Our product prototype is mapped out with key UI design and feature details planned and in development.

02

We have acquired a team of developers with experience building EHRs to build our product.

03

We have reached out to 600+ nurse practitioners and received positive feedback & high interest.

04

We are connected with national EHR certifying bodies, developers and systems leadership to ensure the success of the EHR

Investor Pitch deck 2022

A lot of providers have shared with us that current EHR systems have high costs, and lower customization and most would switch to an alternative that provided better effectiveness at a lower cost. That is what we are building, a better alternative at an affordable price.

Meet The Team

NpCloud Solutions

![img-10.jpeg](img-10.jpeg)

Founder, CEO & Project Lead

## Denis Rono

BSN University of North Carolina Pembroke, MSN Vanderbilt University

- Denis is a psychiatric nurse practitioner with over 12 years of healthcare experience and his own private practice.
- After realizing that EHR costs were one of his practice's biggest expenses, he set out to build a solution
- He is leading an experienced team of engineers, developers and healthcare providers building the EHR.

Investor Pitch deck 2022

We have a passionate, diverse and experienced leadership team. They have one goal in mind to develop a comprehensive, affordable, and high-quality EHR

goal in mind, to develop a comprehensive, affordable, and high-quality EHR system.

## Leadership Team

NpCloud Solutions

![img-11.jpeg](img-11.jpeg)

**Denis Rono**
Founder/CEO

![img-12.jpeg](img-12.jpeg)

**Dr. Robert Glenn**
Director

![img-13.jpeg](img-13.jpeg)

**Dr. Marie Crawford**
Director

![img-14.jpeg](img-14.jpeg)

**Dr. Bradley Kuo**
Director

![img-15.jpeg](img-15.jpeg)

**Norrine McNeely**
Director

![img-16.jpeg](img-16.jpeg)

**Jennie Stormes**
Director

Investor Pitch deck 2022

Our engineering team is highly experienced in building EHR systems and other healthcare applications. They are working hard to make sure we meet production deadlines and high-quality standards.

## Engineering Team

NpCloud Solutions

![img-17.jpeg](img-17.jpeg)

**Chandi M. -**

*Top Rated Plus developer-ASP.NET ZERO and ABP.IO Expert | Web and Mobile App | Microservices.*

Has more than ten years of experience designing sophisticated Web, mobile, and desktop applications with .NET technologies such as .Net Core, ASP.NET MVC, C#, VB.NET, ABP.IO, ASP.Net ZERO, and ASP Boilerplate Frameworks.

![img-18.jpeg](img-18.jpeg)

**Jitendra M -**

*Top Rated plus Fullstack developer NodeJS | Angular | ReactJS | AWS | Microservices*

Fullstack Software Engineer over 8 years of experience. 30+ successful projects. 15000+ hours and extensive experience in building high-quality Web and Desktop Applications.

![img-19.jpeg](img-19.jpeg)

**Suman M -**

*SDET QA Engineer | Automation Testing | Selenium*

Specializes in Mobile/Web Application testing, Cross-Browser Testing, API/REST, SOA Automated Testing, Web Content Accessibility Guidelines (WCAG), TestPlan/Case Documentation, Usability Testing, Product Requirements

![img-20.jpeg](img-20.jpeg)

**Nilesh P. -**

*Top rated Full Stack .NET Developer | Angular | JavaScript | Azure | AWS.*

Complex problem-solver with an analytical and driven mindset.

Investor Pitch deck 2022

# Market Opportunity

NpCloud Solutions

01

The Global EHR Market was valued at
$26.8 Billion in 2020

02

A projected annual growth of
3.7% from 2021-2028.

![img-21.jpeg](img-21.jpeg)

Web-based EHR systems accounted for 54% of this global revenue and growing, with many hospitals and practices having already switched or are planning to switch to online.

Investor Pitch deck 2022

Source: https://www.grandviewresearch.com/industry-analysis/electronic-health-records-ehr-market

We have over 1 million potential customers for our EHR product and we have a great marketing plan to help us reach our user goals. Our EHR is designed and built by healthcare providers who understand exactly what the end customer needs.

## Business Model (SaaS)

NpCloud Solutions

We anticipate our SaaS solution will be priced at the following:

Medical users

$70 - 120/mo

Non-Medical users

$50 - 70/mo

Pricing will be finalized before completion of our product, with emphasis on great quality and affordability.

Investor Pitch deck 2022

Contingent upon funding, a future major revenue stream will come from our own integrated clearinghouse, a service which typically costs $150-$1000+ per provider per month.

![img-22.jpeg](img-22.jpeg)

Most healthcare providers use Clearinghouse solutions to route medical bills to

insurance companies. If we meet our funding goals, we will start developing our own clearinghouse solution. Most providers pay on average $150 or more monthly in addition to a per-claim fee for the services a clearinghouse provides. Insurance companies process billions of claims every year and a big percentage of them go through clearinghouses. Developing one will boost our revenue by a big margin.

## Competitive Overview

NPCloud Solutions

Several of our well-known competitors include Cerner, Epic, Allscripts, AdvancedMD and Practice Fusion.

Key strengths of these companies

01 Brand recognition
02 Years of business experience
03 Significant revenues

Key weaknesses of these companies

01 Generalized systems
02 Few customizable features
03 Significantly high costs

Competitive Advantages over competitors.

Investor Pitch deck 2022

Our competitors offer their EHR systems at a high cost, affecting the provider's bottom line. We are building a more effective product that is cost-effective.

## Unique Advantages

- Our solution will primarily focus on the mental health and primary care market with high customization.
- To achieve this end, our developers will rely greatly on input from mental health and primary care providers to build our product.
- We are also advantaged by a significantly more affordable pricing model that offers the most cost-effective solution with the same high-quality standards as industry leaders.

With the same high-quality standards as industry leaders.

Investor Pitch deck 2022

We will focus on customizing the EHR for mental health and primary care providers.

## Growth Strategy & Development Pipeline

After securing the funding to develop our product, we will begin

Online marketing efforts with a focus on social media.

Facebook groups with thousands of mental health and primary care providers.

Mail advertising, Google/YouTube, and other online modes. Word of mouth.

In addition to targeted ads, sales and outreach, we expect to reach upwards of 10,000 users within the first two years of our launch.

### Development pipeline

![img-23.jpeg](img-23.jpeg)

Proprietary Clearinghouse to reduce billing costs.

Liability insurance for mental health practitioners.

Investor Pitch deck 2022

NpCloud Solutions is seeking $1 Million in equity funding to help with the further development of the EHR. You can now purchase preferred stock at $1/share.

## Investment Opportunity

NpCloud Solutions Inc. is seeking

$1,000,000 in Equity

funding to finance the development of our EHR solution.

### Cost Breakdown

- Product development
- Key hires
- Marketing
- R&D

![img-24.jpeg](img-24.jpeg)

### Milestones

![img-25.jpeg](img-25.jpeg)

Previous Investments: $150,000

Investor Pitch deck 2022

Early bird investors can get the shares at $0.50/share up to $250,000. Take advantage of the early bird discounted pricing. Normal share price is $1. Preferred stock offered at a $10 million valuation.

Join us today as an investor and help us build a company that will revolutionize the way healthcare providers care for patients. The EHR is our initial product, we look forward to expanding to other solutions that will lower the cost of doing business for healthcare providers. The future is limiteless.

## Why Invest

### Attractive platform & pricing model

Hundreds of industry professionals have voiced their support for our venture, noting the greater value and customizability of our platform relative to current solutions.

### The industry's first all-in-one solution

There is currently no EHR solution on the market today that includes all of the features we plan to integrate on our platform.

Investor Pitch deck 2022

![img-0.jpeg](img-0.jpeg)

NpCloud Solutions

### Massive market opportunity.

The EHR software market was nearly $30B in 2020. Our total potential market size is over 1,000,000 healthcare providers.

We would love to have you partner with us. If you have any questions or concerns send us an email at info@npcloudsolutions.com or call 629-250-8794. Thank you.

Thank You

Denis Rono, CEO

Thank You

info@npcloudsolutions.com | 629-250-8794
www.npcloudsolutions.com

**Attachment 3:** `document_3.pdf`

# NPCLOUD SOLUTIONS INC.

# SUBSCRIPTION AGREEMENT

THE SECURITIES ARE BEING OFFERED PURSUANT TO SECTION 4(A)(6) AND REGULATION CROWDFUNDING OF THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE OR ANY OTHER JURISDICTION. NO FEDERAL OR STATE SECURITIES ADMINISTRATOR HAS REVIEWED OR PASSED ON THE ACCURACY OR ADEQUACY OF THE OFFERING MATERIALS FOR THESE SECURITIES. THERE ARE SIGNIFICANT RESTRICTIONS ON THE TRANSFERABILITY OF THE SECURITIES DESCRIBED HEREIN AND NO RESALE MARKET MAY BE AVAILABLE AFTER RESTRICTIONS EXPIRE. THE PURCHASE OF THESE SECURITIES INVOLVES A HIGH DEGREE OF RISK AND SHOULD BE CONSIDERED ONLY BY PERSONS WHO CAN BEAR THE RISK OF THE LOSS OF THEIR ENTIRE INVESTMENT WITHOUT A CHANGE IN THEIR LIFESTYLE.

The Board of Directors of:

NPCLOUD SOLUTIONS INC.
106 Langtree Village Dr. Suite 301
Mooresville, NC 28117
Email :

1. Background. The undersigned understands that NpCloud Solutions Inc., a Delaware corporation (the "Company"), is conducting an offering (the "Offering") under Section 4(a)(6) of the Securities Act of 1933, as amended (the "Securities Act") and Regulation Crowdfunding promulgated thereunder. This Offering is made pursuant to the Form C of the Company that has been filed by the Company with the Securities and Exchange Commission and is being made available on the Wefunder crowdfunding portal's (the "Portal") website, as the same may be amended from time to time (the "Form C") and the Offering Statement, which is included therein (the "Offering Statement"). The Company is offering to both accredited and non-accredited investors up to 500,000 shares of its Series Seed-1 Preferred Stock, $0.00001 par value per Share (the "Series Seed-1 Preferred Stock") at a purchase price of $0.50 per Share (the "Series Seed-1 Purchase Price") to investors investing up to the first $250,000 of the Offering, and up to 750,000 shares of its Series Seed-2 Preferred Stock, $0.00001 par value per Share (the "Series Seed-2 Preferred Stock" and, together with the Series Seed-1 Preferred Stock, the "Shares" or "Securities") at a purchase price of $1.000 per Share (the "Series Seed-2 Purchase Price") to investors investing any amounts over the first $250,000 of the Offering. In this Agreement, the "Applicable Purchase Price" shall mean the Series Seed-1 Purchase Price with respect to the Series Seed-1 Preferred Stock or the Series Seed-2 Purchase Price with respect to the Series Seed-2 Preferred Stock. The minimum amount or target amount to be raised in the Offering is $50,000 (the "Target Offering Amount") and the maximum amount to be raised in the Offering is $1,000,000 (the "Maximum Offering Amount"). If the Offering is oversubscribed beyond the Target Offering Amount, the Company will sell Shares on a basis to be determined by the Company's management. The Company is offering the Shares to prospective investors through the Portal. The Portal is registered with the Securities and Exchange Commission (the "SEC") as a funding portal and is a funding portal member of the Financial Industry Regulatory Authority. The Company will pay the Portal a commission equal to 7.5% of gross monies raised in the Offering. Investors should carefully review the Form C and the accompanying Offering Statement, which are available on the website of the Portal at www.wefunder.com.

# 2. Subscription.

(a) Terms. Subject to the terms of this Subscription Agreement (the "Agreement") and the Form C and related Offering Statement, the undersigned hereby subscribes to purchase the number of Shares equal to the quotient of the undersigned's subscription amount as indicated through the Portal's platform divided by the

Applicable Purchase Price and shall pay the aggregate Applicable Purchase Price in the manner specified in the Form C and Offering Statement and as per the directions of the Portal through the Portal's website. Such subscription shall be deemed to be accepted by the Company only when this Agreement is countersigned on the Company's behalf. No investor may subscribe for a Share in the Offering after the Offering campaign deadline as specified in the Offering Statement and on the Portal's website (the "Offering Deadline").

(b) Acceptance. It is understood and agreed that the Company shall have the sole right, at its complete discretion, to accept or reject this subscription, in whole or in part, for any reason and that the same shall be deemed to be accepted by the Company only when it is signed by a duly authorized officer of the Company and delivered to the undersigned at the Closing referred to in Section 3 hereof. Subscriptions need not be accepted in the order received, and the Securities may be allocated among subscribers. Notwithstanding anything in this Agreement to the contrary, the Company shall have no obligation to issue any of the Securities to any person who is a resident of a jurisdiction in which the issuance of Securities to such person would constitute a violation of the securities, "blue sky" or other similar laws of such jurisdiction (collectively referred to as the "State Securities Laws").

(c) Payment. Payment for the Securities shall be received by the Company from the undersigned by wire transfer of immediately available funds or other means approved by the Company at or prior to the Closing, for the aggregate Applicable Purchase Price for the number of Shares such Subscriber is purchasing.

3. Closing.

(a) Closing. Subject to Section 3(b), the closing of the sale and purchase of the Shares pursuant to this Agreement (the "Closing") shall take place through the Portal within five (5) Business Days after the Offering Deadline (the "Closing Date").

(b) Closing Conditions. The Closing is conditioned upon satisfaction of all the following conditions:

(i) prior to the Offering Deadline, the Company shall have received aggregate subscriptions for Shares in an aggregate investment amount of at least the Target Offering Amount;

(ii) at the time of the Closing, the Company shall have received into the escrow account established with the Portal and the escrow agent in cleared funds, and is accepting, subscriptions for Shares having an aggregate investment amount of at least the Target Offering Amount;

(iii) the Company shall file the Amended and Restated Articles of Incorporation with the Secretary of State of the State of Delaware; and

(iv) the representations and warranties of the Company contained in Section 7 hereof and of the undersigned contained in Section 5 hereof shall be true and correct as of the Closing in all respects with the same effect as though such representations and warranties had been made as of the Closing.

4. Termination of the Offering; Other Offerings. The undersigned understands that the Company may terminate the Offering at any time. The undersigned further understands that during and following termination of the Offering, the Company may undertake offerings of other securities, which may or may not be on terms more favorable to an investor than the terms of this Offering.

5. Subscriber Representations. The undersigned represents and warrants to the Company and the Company's agents as follows:

(a) The undersigned understands and accepts that the purchase of the Shares involves various risks, including the risks outlined in the Form C, the accompanying Offering Statement, and in this Agreement. The undersigned can bear the economic risk of this investment and can afford a complete loss thereof; the undersigned has sufficient liquid assets to pay the full purchase price for the Shares; and the undersigned has adequate means of providing for its current needs and possible contingencies and has no present need for liquidity of the undersigned's investment in the Company.

(b) The undersigned acknowledges that at no time has it been expressly or implicitly represented, guaranteed or warranted to the undersigned by the Company or any other person that a percentage of profit and/or amount or type of gain or other consideration will be realized because of the purchase of the Shares.

(c) Including the amount set forth on the signature page hereto, in the past 12-month period, the undersigned has not exceeded the investment limit as set forth in Rule 100(a)(2) of Regulation Crowdfunding.

(d) The undersigned has received and reviewed a copy of the Form C and accompanying Offering Statement. With respect to information provided by the Company, the undersigned has relied solely on the information contained in the Form C and accompanying Offering Statement to make the decision to purchase the Shares.

(e) The undersigned confirms that it is not relying and will not rely on any communication (written or oral) of the Company, the Portal, or any of their respective affiliates, as investment advice or as a recommendation to purchase the Shares. It is understood that information and explanations related to the terms and conditions of the Shares provided in the Form C and accompanying Offering Statement or otherwise by the Company, the Portal or any of their respective affiliates shall not be considered investment advice or a recommendation to purchase the Shares, and that neither the Company, the Portal nor any of their respective affiliates is acting or has acted as an advisor to the undersigned in deciding to invest in the Shares. The undersigned acknowledges that neither the Company, the Portal nor any of their respective affiliates have made any representation regarding the proper characterization of the Shares for purposes of determining the undersigned's authority or suitability to invest in the Shares.

(f) The undersigned is familiar with the business and financial condition and operations of the Company, all as generally described in the Form C and accompanying Offering Statement. The undersigned has had access to such information concerning the Company and the Shares as it deems necessary to enable it to make an informed investment decision concerning the purchase of the Shares.

(g) The undersigned understands that, unless the undersigned notifies the Company in writing to the contrary at or before the Closing, each of the undersigned's representations and warranties contained in this Agreement will be deemed to have been reaffirmed and confirmed as of the Closing, taking into account all information received by the undersigned.

(h) The undersigned acknowledges that the Company has the right in its sole and absolute discretion to abandon this Offering at any time prior to the completion of the Offering. This Agreement shall thereafter have no force or effect and the Company shall return any previously paid subscription price of the Shares, without interest thereon, to the undersigned.

(i) The undersigned understands that no federal or state agency has passed upon the merits or risks of an investment in the Shares or made any finding or determination concerning the fairness or advisability of this investment.

(j) The undersigned confirms that the Company has not (i) given any guarantee or

representation as to the potential success, return, effect or benefit (either legal, regulatory, tax, financial, accounting or otherwise) and of investment in the Shares or (ii) made any representation to the undersigned regarding the legality of an investment in the Shares under applicable legal investment or similar laws or regulations. In deciding to purchase the Shares, the undersigned is not relying on the advice or recommendations of the Company and the undersigned has made its own independent decision, alone or in consultation with its investment advisors, that the investment in the Shares is suitable and appropriate for the undersigned.

(k) The undersigned has such knowledge, skill and experience in business, financial and investment matters that the undersigned is capable of evaluating the merits and risks of an investment in the Shares. With the assistance of the undersigned's own professional advisors, to the extent that the undersigned has deemed appropriate, the undersigned has made its own legal, tax, accounting and financial evaluation of the merits and risks of an investment in the Shares and the consequences of this Agreement. The undersigned has considered the suitability of the Shares as an investment in light of its own circumstances and financial condition and the undersigned is able to bear the risks associated with an investment in the Shares and its authority to invest in the Shares.

(l) The undersigned is acquiring the Shares solely for the undersigned's own beneficial account, for investment purposes, and not with a view to, or for resale in connection with, any distribution of the Shares. The undersigned understands that the Shares have not been registered under the Securities Act or any state securities laws by reason of specific exemptions under the provisions thereof which depend in part upon the investment intent of the undersigned and of the other representations made by the undersigned in this Agreement. The undersigned understands that the Company is relying upon the representations and agreements contained in this Agreement (and any supplemental information provided by the undersigned to the Company or the Portal) for the purpose of determining whether this transaction meets the requirements for such exemptions.

(m) The undersigned understands that the Shares are restricted from transfer for a period of time under applicable federal securities laws and that the Securities Act and the rules of the SEC provide in substance that the undersigned may dispose of the Shares only pursuant to an effective registration statement under the Securities Act, an exemption therefrom or as further described in Section 227.501 of Regulation Crowdfunding, after which certain state restrictions may apply. The undersigned understands that the Company has no obligation or intention to register any of the Shares, or to take action so as to permit sales pursuant to the Securities Act. Even if and when the Shares become freely transferable, a secondary market in the Shares may not develop. Consequently, the undersigned understands that the undersigned must bear the economic risks of the investment in the Shares for an indefinite period of time.

(n) The undersigned agrees that the undersigned will not sell, assign, pledge, give, transfer or otherwise dispose of the Shares or any interest therein or make any offer or attempt to do any of the foregoing, except pursuant to Section 227.501 of Regulation Crowdfunding.

(o) If the undersigned is not a United States person (as defined by Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended), the undersigned hereby represents and warrants to the Company that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe for the Shares or any use of this Agreement, including (i) the legal requirements within its jurisdiction for the purchase of the Shares, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the Shares. The undersigned's subscription and payment for and continued beneficial ownership of the Shares will not violate any applicable securities or other laws of the undersigned's jurisdiction.

6. **HIGH RISK INVESTMENT. THE UNDERSIGNED UNDERSTANDS THAT AN INVESTMENT IN THE SHARES INVOLVES A HIGH DEGREE OF RISK.** The undersigned acknowledges that (a) any projections, forecasts or estimates as may have been provided to the undersigned are purely speculative and cannot be relied upon to indicate actual results that may be obtained through this investment; any such projections, forecasts and estimates are based upon assumptions which are subject to change and which are beyond the control of the Company or its management; (b) the tax effects which may be expected by this investment are not susceptible to absolute prediction, and new developments and rules of the Internal Revenue Service (the “*IRS*”), audit adjustment, court decisions or legislative changes may have an adverse effect on one or more of the tax consequences of this investment; and (c) the undersigned has been advised to consult with his own advisor regarding legal matters and tax consequences involving this investment.

7. **Company Representations.** The undersigned understands that upon issuance of to the undersigned of any Shares, the Company will be deemed to have made following representations and warranties to the undersigned as of the date of such issuance:

(a) *Corporate Power.* The Company has been duly incorporated as corporation under the laws of the State of Delaware and, has all requisite legal and corporate power and authority to conduct its business as currently being conducted and to issue and sell the Shares to the undersigned pursuant to this Agreement.

(b) *Enforceability.* This Agreement, when executed and delivered by the Company, shall constitute valid and legally binding obligations of the Company, enforceable against the Company in accordance with their respective terms except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement of creditors’ rights generally, or (b) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies.

(c) *Valid Issuance.* The Shares, when issued, sold and delivered in accordance with the terms and for the consideration set forth in this Agreement and the Form C, will be validly issued, fully paid and nonassessable and free of restrictions on transfer other than restrictions on transfer arising under this Agreement, the Amended and Restated Articles of Incorporation and Bylaws of the Company, or under applicable state and federal securities laws and liens or encumbrances created by or imposed by a subscriber.

(d) *No Conflict.* The execution, delivery and performance of and compliance with this Agreement and the issuance of the Shares will not result in any violation of, or conflict with, or constitute a default under, the Company’s Amended and Restated Articles of Incorporation and Bylaws, as amended, and will not result in any violation of, or conflict with, or constitute a default under, any agreements to which the Company is a party or by which it is bound, or any statute, rule or regulation, or any decree of any court or governmental agency or body having jurisdiction over the Company, except for such violations, conflicts, or defaults which would not individually or in the aggregate, have a material adverse effect on the business, assets, properties, financial condition or results of operations of the Company.

# 8. **Major Investor Rights; Additional Rights of All Investors.**

(a) *Information Rights.* The Company will furnish to the undersigned if the undersigned has invested at least One Hundred Thousand Dollars ($100,000) in this offering and has thereby become a Major Investor (a “*Major Investor*”) (1) annual unaudited financial statements for each fiscal year of the Company, including an unaudited balance sheet as of the end of such fiscal year, an unaudited statement of operations and an unaudited statement of cash flows of the Company for such year, all prepared in accordance with generally accepted accounting principles and practices; and (2) quarterly unaudited financial statements for each fiscal quarter of the Company (except the last quarter of the Company’s fiscal year), including an unaudited balance sheet as of the end of such fiscal year, an unaudited statement of operations and an unaudited statement of cash

flows of the Company for such quarter, all prepared in accordance with generally accepted accounting principles and practices, subject to changes resulting from normal year-end audit adjustments. If the Company has audited records of any of the foregoing, it shall provide those in lieu of the unaudited versions. The filing of an annual report on Form C/AR shall be deemed to satisfy the requirement to provide annual financial information described above.

(b) *Confidentiality.* Anything in this Agreement to the contrary notwithstanding, no Major Investor by reason of this Agreement shall have access to any trade secrets or confidential information of the Company. The Company shall not be required to comply with any information rights in respect of any Major Investor whom the Company reasonably determines to be a competitor or an officer, employee, director or holder of ten percent (10%) or more of shares of a competitor. Each Major Investor agrees that such Major Investor will keep confidential and will not disclose, divulge, or use for any purpose (other than to monitor its investment in the Company) any confidential information obtained from the Company pursuant to the terms of this Agreement other than to any of the Major Investor's attorneys, accountants, consultants, and other professionals, to the extent necessary to obtain their services in connection with monitoring the Major Investor's investment in the Company.

# (c) *Participation Right.*

(i) *General.* Each Major Investor has the right of first refusal to purchase such Major Investor's Pro Rata Share (as defined below) of all (or any part) of any New Securities (as defined in Section 8(d)(ii) below) that the Company may from time to time issue after the date of this Agreement, provided, however, such Major Investor shall have no right to purchase any such New Securities if such Major Investor cannot demonstrate to the Company's reasonable satisfaction that such Major Investor is at the time of the proposed issuance of such New Securities an 'accredited investor' as such term is defined in Regulation D under the Securities Act. A Major Investor's 'Pro Rata Share' for purposes of this right of first refusal is the ratio of (a) the number of shares of the Company's Common Stock issued or issuable upon conversion of the Securities owned by such Major Investor, to (b) a number of shares of Common Stock of the Company equal to the sum of (1) the total number of shares of Common Stock of the Company then outstanding plus (2) the total number of shares of Common Stock of the Company into which all then outstanding shares of Preferred Stock of the Company are then convertible plus (3) the number of shares of Common Stock of the Company reserved for issuance under any stock purchase and stock option plans of the Company and outstanding warrants.

(ii) *New Securities.* 'New Securities' shall mean any Common Stock or Preferred Stock of the Company, whether now authorized or not, and rights, options or warrants to purchase such Common Stock or Preferred Stock, and securities of any type whatsoever that are, or may become, convertible or exchangeable into such Common Stock or Preferred Stock; provided, however, that the term 'New Securities' does not include: (a) shares of Common Stock issued or issuable upon conversion of the outstanding shares of all the series of the Preferred Stock; (b) shares of Common Stock or Preferred Stock issuable upon exercise of any options, warrants or rights to purchase any securities of the Company outstanding as of the date of this Agreement and any securities issuable upon the conversion thereof; (c) shares of Common Stock or Preferred Stock issued in connection with any stock split or stock dividend or recapitalization; (d) shares of Common Stock (or options, warrants or rights therefor) granted or issued hereafter to employees, officers, directors, contractors, consultants or advisers to, the Company or any subsidiary of the Company pursuant to incentive agreements, stock purchase or stock option plans, stock bonuses or awards, warrants, contracts or other arrangements that are approved by the Company's Board of Directors (the 'Board'); (e) shares of the Company's Series Seed Preferred Stock issued pursuant to this offering; (f) any other shares of Common Stock or Preferred Stock (and/or options or warrants therefor) issued or issuable primarily for other than equity financing purposes and approved by the Board; and (g) shares of Common Stock issued or issuable by the Company to the public pursuant to a registration statement or offering statement (under Regulation A) filed under the Securities Act.

(iii) *Procedures.* If the Company proposes to undertake an issuance of New

Securities, it shall give to each Major Investor a written notice of its intention to issue New Securities (the “*Notice*”), describing the type of New Securities and the price and the general terms upon which the Company proposes to issue such New Securities given in accordance with Section 8(d). Each Major Investor shall have ten (10) days from the date such Notice is effective, as determined pursuant to Section 8(d) based upon the manner or method of notice, to agree in writing to purchase such Major Investor’s Pro Rata Share of such New Securities for the price and upon the general terms specified in the Notice by giving written notice to the Company and stating therein the quantity of New Securities to be purchased (not to exceed such Major Investor’s Pro Rata Share).

(iv) *Failure to Exercise.* If the Major Investors fail to exercise in full the right of first refusal within such ten (10) day period, then the Company shall have one hundred twenty (120) days thereafter to sell the New Securities with respect to which the Major Investors’ rights of first refusal hereunder were not exercised, at a price and upon general terms not materially more favorable to the purchasers thereof than specified in the Company’s Notice to the Major Investors. If the Company has not issued and sold the New Securities within such one hundred twenty (120) day period, then the Company shall not thereafter issue or sell any New Securities without again first offering such New Securities to the Major Investors pursuant to this Section 8(d).

9. **Indemnification.** The undersigned agrees to indemnify and hold harmless the Company and its directors, officers and agents (including legal counsel) from any and all damages, losses, costs and expenses (including reasonable attorneys’ fees) that they, or any of them, may incur by reason of the undersigned’s failure, or alleged failure, to fulfill any of the terms and conditions of this subscription or by reason of the undersigned’s breach of any of the undersigned’s representations and warranties contained herein.

10. **Market Stand-Off.** If so requested by the Company or any representative of the underwriters (the “*Managing Underwriter*”) in connection with any underwritten or Regulation A+ offering of securities of the Company under the Securities Act, the undersigned (including any successor or assign) shall not sell or otherwise transfer any Shares or other securities of the Company during the 30-day period preceding and the 270-day period following the effective date of a registration or offering statement of the Company filed under the Securities Act for such public offering or Regulation A+ offering or underwriting (or such shorter period as may be requested by the Managing Underwriter and agreed to by the Company) (the “*Market Standoff Period*”). The Company may impose stop-transfer instructions with respect to securities subject to the foregoing restrictions until the end of such Market Standoff Period.

## 11. General Provisions

11.1. *Obligations Irrevocable.* Following the Closing, the obligations of the undersigned shall be irrevocable.

11.2. *Legend.* The certificates, book entry or other form of notation representing the Shares sold pursuant to this Subscription Agreement will be notated with a legend or designation, which communicates in some manner that the Shares were issued pursuant to Section 4(a)(6) of the Securities Act and may only be resold pursuant to Rule 501 of Regulation CF.

11.3. *Notices.* All notices or other communications given or made hereunder shall be in writing and shall be deemed effectively given upon the earlier of actual receipt, or (a) personal delivery to the party to be notified, (b) when sent, if sent by electronic mail during normal business hours of the recipient, and if not sent during normal business hours, then on the recipient’s next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) business day after deposit with a nationally recognized overnight courier, freight prepaid, specifying next business day delivery, with written verification of receipt. All communications shall be sent to the undersigned’s address and e-mail address provided to the Portal or to the Company at the address and e-mail address set forth at the beginning of this Agreement, or such

other place as the undersigned or the Company from time to time designate in writing.

11.4. *Governing Law.* Notwithstanding the place where this Agreement may be executed by any of the parties hereto, the parties expressly agree that all the terms and provisions hereof shall be construed in accordance with and governed by the laws of the State of Delaware without regard to the principles of conflicts of laws.

11.5. *Submission to Jurisdiction.* With respect to any suit, action or proceeding relating to any offers, purchases or sales of the Shares by the undersigned (“*Proceedings*”), the undersigned irrevocably submits to the jurisdiction of the federal or state courts located at the location of the Company’s principal place of business, which submission shall be exclusive unless none of such courts has lawful jurisdiction over such Proceedings.

11.6. *Entire Agreement.* This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and may be amended only by a writing executed by all parties.

11.7. *Waiver, Amendment.* Any term of this Agreement may be amended, terminated or waived only with the written consent of the Company and the holders of at least a majority of the then-outstanding Shares. Any amendment or waiver effected in accordance with this Section 11.7 shall be binding upon the purchasers and each transferee of the Shares (or the Common Stock issuable upon conversion thereof), each future holder of all such securities, and the Company.

11.8. *Waiver of Jury Trial.* THE UNDERSIGNED IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY LEGAL PROCEEDING ARISING OUT OF THE TRANSACTIONS CONTEMPLATED BY THIS SUBSCRIPTION AGREEMENT.

11.9. *Invalidity of Specific Provisions.* If any provision of this Agreement is held to be illegal, invalid, or unenforceable under the present or future laws effective during the term of this Agreement, such provision shall be fully severable; this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance from this Agreement.

11.10. *Titles and Subtitles.* The titles of the sections and subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement.

11.11. *Counterparts.* This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

11.12. *Electronic Execution and Delivery.* A digital reproduction, portable document format (“.pdf”) or other reproduction of this Agreement may be executed by one or more parties hereto and delivered by such party by electronic signature (including signature via DocuSign or similar services), electronic mail or any similar electronic transmission device pursuant to which the signature of or on behalf of such party can be seen. Such execution and delivery shall be considered valid, binding and effective for all purposes.

11.13. *Binding Effect.* The provisions of this Subscription Agreement shall be binding upon and accrue to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns.

11.14. *Survival.* All representations, warranties and covenants contained in this Subscription Agreement shall survive (i) the acceptance of the subscription by the Company, (ii) changes in the transactions, documents and instruments described in the Form C which are not material or which are to the benefit of the undersigned and (iii) the death or disability of the undersigned.

11.15. *Notification of Changes.* The undersigned hereby covenants and agrees to notify the Company upon the occurrence of any event prior to the closing of the purchase of the Shares pursuant to this Subscription Agreement, which would cause any representation, warranty, or covenant of the undersigned contained in this Subscription Agreement to be false or incorrect.

*(Signature Page Follows)*

IN WITNESS WHEREOF, the parties have executed this agreement as of [EFFECTIVE DATE].

Number of Shares: [SHARES]

Aggregate Purchase Price: $[AMOUNT]

COMPANY:

NpCloud Solutions Inc.

Founder Signature

Name: [FOUNDER_NAME]

Title: [FOUNDER_TITLE]

Read and Approved (For IRA Use Only):

SUBSCRIBER:

[ENTITY NAME]

By:

Investor Signature

By:

Name: [INVESTOR NAME]

Title: [INVESTOR TITLE]

The Subscriber is an “accredited investor” as that term is defined in Regulation D promulgated by the Securities and Exchange Commission under the Securities Act.

Please indicate Yes or No by checking the appropriate box:

☐ Accredited

☑ Not Accredited

SIGNATURE PAGE

TO

SUBSCRIPTION AGREEMENT

**Attachment 4:** `document_4.pdf`

# **NpCloud Solutions I EB (THE "SPV"),**
a series of Wefunder SPV, LLC, a Delaware limited
liability company (the "LLC")

# Subscription Agreement

**[INVESTMENT AMOUNT]**

**[INVESTMENT DATE]**

**NpCloud Solutions I EB** (the "SPV"), a series of Wefunder SPV, LLC (the "LLC"), is a special purpose vehicle that will invest all of its assets in securities issued by **NpCloud Solutions Inc.** (the "Company"). By making an investment in the SPV through the Wefunder website, I understand and agree to the representations set forth below.

I have reviewed the following information and documents in connection with this Subscription Agreement:

1. The information on the Wefunder website about the Company. I acknowledge that this information was prepared solely by either the Company or a third party whose work has been verified by the Company, and that none of Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC or Wefunder Advisors, LLC, nor any of their affiliates, employees or agents, are responsible for the adequacy, completeness, or accuracy of this information;
2. The Form C relating to this investment, which provides information about investment in the Company through the use of the SPV;
3. The Series Appendix, an appendix to the Wefunder SPV, LLC limited liability company agreement (the "**LLC Agreement**"), which sets forth certain specific terms of the SPV;
4. The Terms Appendix, which summarizes the terms of the Company securities to be purchased by the SPV;
5. The LLC Agreement, which sets forth other terms applicable to each SPV;
6. This Subscription Agreement, which sets forth the terms governing your investment in the SPV, and that sets forth certain representations you are making in connection with your investment in the SPV;
7. The Wefunder Investor Agreement; and
8. The Wefunder Terms of Service.

**By making an investment in the SPV through the Wefunder website, I agree to be bound by this Subscription Agreement and the terms of the other agreements listed above with respect to my investment in the SPV.**

# Subscription Agreement

# SCOPE OF AGREEMENT AND INVESTOR ELIGIBILITY
REPRESENTATIONS

A. This agreement ("Agreement") applies to each investment in a series ("SPV") of Wefunder SPV, LLC (the "LLC"). Each series is a separate pool of assets from every other series. Each SPV will invest all of its assets in securities issued by a single company ("Company") as set forth in the applicable series appendix ("Series Appendix") to the Wefunder SPV, LLC limited liability company agreement (LLC Agreement). The terms of the Company securities to be purchased by the SPV are summarized in an appendix ("Terms Appendix") attached to this Agreement.
B. Each SPV is formed by and operated by Wefunder Admin, LLC on behalf of the Company in whose securities that SPV invests.
C. Important information about the Company, about the related SPV, and more generally about investments through the Wefunder website, is available through the Wefunder website. The Investor should review that information, and all relevant Company Information (as defined below), carefully before making an investment in any SPV.
D. Each SPV will offer membership interests ("Interests") in that SPV pursuant to Regulation Crowdfunding under the U.S. Securities Act of 1933, as amended (the "Securities Act").
E. You hereby agree that each time you make an investment in any SPV, you will be deemed to have entered into this Agreement, and will be deemed to have made each representation and covenant contained in this Agreement.
F. Except as the context otherwise requires, any reference in this Subscription Agreement to:

1. a "SPV" shall mean "The LLC acting solely on behalf of and for the account of the SPV";
2. "Investor" and "you" shall mean a person (whether individually, jointly with another person, or through his or her individual retirement account) who has agreed to invest, or has invested, in any SPV; and
3. "Company Information" means:

a. The information on the Wefunder website about the Company. I acknowledge that this information was prepared solely by either the Company or a third party whose work has been verified by the Company, and that neither Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC or Wefunder Advisors, LLC (together, the "Wefunder entities," nor any of their affiliates, employees or agents, are responsible for the adequacy, completeness, or accuracy of this information;
b. The Form C relating to this investment, which provides information about investment in the Company through the use of the SPV;
c. The Series Appendix, an appendix to the Wefunder SPV, LLC limited liability company agreement (the "LLC Agreement"), which sets forth certain specific terms of the SPV;
d. The Terms Appendix, which summarizes the terms of the Company securities to be purchased by the SPV;
e. The LLC Agreement, which sets forth other terms applicable to each SPV;
f. This Subscription Agreement, which sets forth the terms governing your investment in the SPV, and that sets forth certain representations you are making in connection with your investment in the SPV;
g. The Wefunder Investor Agreement; and
h. The Wefunder Terms of Service.

INVESTOR'S REPRESENTATIONS AND COVENANTS

# 1. Investor's Review of Information and Investment Decision

1.1. The Investor has carefully read and understands the Company Information. The Investor acknowledges that it has made an independent decision to invest indirectly in the Company through the SPV and that, in making its decision to invest in a SPV, the Investor has relied solely upon the Company Information, any other relevant information on the Wefunder website, and independent investigations made by the Investor. The Investor understands that no representations or warranties have been made to the Investor by the LLC, the relevant SPV, any administrator appointed from time to time with respect to the SPV (the "Administrator"), any lead investor appointed from time to time with respect to the SPV (the "Lead Investor"), or any partner, member, officer, employee, agent, affiliate or subsidiary of any of them regarding the Company.

1.2. The Investor has been provided an opportunity to request additional information concerning the Company and the offering through the Ask A Question feature on wefunder.com.

1.3. The Investor understands and agrees that neither Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC, any of their affiliates, nor any director, manager, officer, shareholder, member, employee or agent of Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC or any of their affiliates (each, a "Wefunder Party," and collectively, "Wefunder Parties") shall be liable in connection with any information or omission of information contained in materials prepared or supplied by the Company. Such materials may include, but are not limited to, information provided by the Company in the Form C related to the offering, information available through the Wefunder website, and materials distributed to the Investor by the SPV on behalf of a Company.

1.4. The Investor represents and agrees that no Wefunder Party has recommended or suggested any investment in a SPV, or any investment related to a Company, to the Investor.

1.5. Investor understands that no Wefunder Party is an adviser to Investor, and that Investor is not an advisory or other client of any Wefunder Party.

1.6. The Investor is not relying on any Wefunder Party or any other person or entity with respect to the legal, accounting, business, investment, pension, tax or other economic considerations involved in this investment other than the Investor's own advisers that are not affiliated with any of the foregoing persons.

1.7. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating the merits and risks of the Investor's investment in the SPV and is able to bear such risks. The Investor has obtained, in the Investor's judgment, sufficient information to evaluate the merits and risks of such investment. The Investor has evaluated the risks of investing in the SPV, understands there are substantial risks of loss incidental to the purchase of an Interest and has determined that the Interest is a suitable investment for the Investor and consistent with the general investment objectives of the Investor.

# 2. Investor's Representations Related To Investment in a SPV.

2.1. The Investor is acquiring the Interest for its own account, for investment purposes only and not with an intent to resell or distribute the Interest (or any distributions received from the SPV in whole or in part), and the Investor agrees that it will not sell or otherwise transfer the Interest unless in compliance with Regulation Crowdfunding and other applicable securities laws, and with the terms and conditions of this Agreement.
2.2. The Investor's investment in the Interest is consistent with the investment purposes, objectives and cash flow requirements of the Investor and will not adversely affect the Investor's overall need for diversification and liquidity.
2.3. The Investor has all requisite power, authority and capacity to acquire and hold the Interest and to execute, deliver and comply with the terms of each of the instruments required to be executed and delivered by the Investor in connection with the Investor's subscription for the Interest, including without limitation this Subscription Agreement, and such execution, delivery and compliance does not conflict with, or constitute a default under, any instruments governing the Investor, any law, regulation or order, or any agreement or other undertaking to which the Investor is a party or by which the Investor may be bound. If the Investor is an entity, the person executing and delivering each of such instruments on behalf of the Investor has all requisite power, authority and capacity to execute and deliver such instruments, and, upon request by the SPV, will furnish to the SPV a true and correct copy of any instruments governing the Investor, including all amendments thereto. The signature on each of such instruments is genuine and each of such instruments constitutes a legal, valid and binding obligation of the Investor enforceable against the Investor in accordance with its terms.
2.4. The Wefunder Parties are each hereby authorized and instructed to accept and execute any instructions in respect of the Interest given by the Investor in written or electronic form. The Wefunder Parties may rely conclusively upon and shall incur no liability in respect of any action take upon any notice, consent, request, instructions or other instrument believed in good faith to be genuine or to be signed by properly authorized persons of the Investor.
2.5. Pursuant to the requirements of Treas. Reg. § 301.6109-1(c), the Investor has provided, or agrees to provide upon the earlier of (i) two years of an acquisition of an Interest or (ii) twenty (20) days before any distribution is to be made from the SPV, his, her or its taxpayer identification number (e.g., social security number or employer identification number) under penalties of perjury and has or will attest that the Internal Revenue Service has not notified the Investor that he, she or it is subject to backup withholding.

# 3. The Manager Has The Right To Reject Any Subscription, In Whole Or In Part.

3.1. The Investor understands that the SPV will not register as an investment company under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), nor will it make a public offering of its securities within the United States.
3.2. The Investor understands that the value of all investments in any SPV made through individual retirement accounts ("IRAs") must be less than \(25\%\) of the value of the SPV's assets.

3.3. If the Investor is investing in a SPV through an employee benefit plan of any kind, including an individual retirement account (the "Plan"), and an individual or entity (the "Fiduciary") has entered into this Agreement on behalf of the Plan, the Fiduciary hereby makes the following representations, warranties, and covenants:

i. The Fiduciary is a fiduciary of the Plan who is authorized to invest Plan assets or is acting at the direction of a Plan fiduciary authorized to invest Plan assets. The Fiduciary has determined that an investment in the Fund is consistent with the Fiduciary's responsibilities to the Plan under Employee Retirement Income Security Act of 1974, as amended ("ERISA") or other applicable law, and is qualified to make such investment decision. The Fiduciary is authorized to make all representations, covenants and agreements set forth in this Agreement about and on behalf of the Investor, and the Fiduciary hereby agrees that, except for the representations, covenants and agreements contained in this section 3.3, all representations, covenants and agreements contained in this Agreement are made on behalf of the Investor who is investing through the Plan.

ii. The execution and delivery of this Subscription Agreement, and the investment contemplated hereby has been duly authorized by all appropriate and necessary parties pursuant to the provisions of the instrument or instruments governing the Plan and any related trust; and (B) will not violate, and is not otherwise inconsistent with, the terms of such instrument or instruments.

iii. The Fiduciary acknowledges that the assets of the Fund will be invested in accordance with the Company Information related to that Fund.

iv. The Plan's purchase and holding of an Interest will not constitute a non-exempt transaction prohibited under ERISA, Section 4975 of the Internal Revenue Code (the "Code"), or any similar laws or other federal, state, local, foreign or other laws or regulations applicable to the Plan and its investments. None of the Wefunder entities nor any of their affiliates, agents, or employees: (A) exercises any authority or control with respect to the management or disposition of assets of the Plan used to purchase an Interest; (B) renders investment advice for a fee (pursuant to an agreement or understanding that such advice will serve as a primary basis for investment decisions and that such advice will be based on the particular investment needs of the Plan), with respect to such assets of the Plan, or has the authority to do so, or (C) is an employer maintaining or contributing to, or any of whose employees are covered by, the Plan.

v. The Fiduciary understands and agrees to the fee arrangements described in the Company Information.

vi. The Fiduciary understands and agrees that, to prevent the assets of the SPV from being treated as "plan assets" for purposes of ERISA and Section 4975 of the Code, the Investor may be prohibited from purchasing or acquiring an Interest or may be required to redeem its Interest or a portion thereof.

3.4. The Investor acknowledges that the SPV and any Administrator, on the SPV's behalf, may not accept any investment from an Investor if the Investor cannot truthfully make the representations contained herein.

4. The Correctness And Accuracy Of All Information Provided By Investor To The LLC Or The SPV.

4.1. The Investor confirms that all information and documentation provided to the LLC, the SPV, and any Administrator, including, but not limited to, all information regarding the Investor's identity, taxpayer identification number, the source of the funds to be invested in the SPV, and the Investor's eligibility to invest in offerings under Regulation Crowdfunding, is true, correct and complete. Should any such information change or no longer be accurate, the Investor agrees and covenants that they will promptly notify the Wefunder Parties of such changes via the wefunder.com platform. The Investor agrees and covenants that he, she or it will maintain accurate and up-to-date contact information (including email and mailing address) on the wefunder.com platform and will promptly update such information in the event it changes or is no longer accurate.

4.2. The representations, warranties, agreements, undertakings and acknowledgments made by the Investor in this Subscription Agreement will be relied upon by the LLC, the SPV, and any Administrator in determining the Fund's compliance with federal and state securities laws, and shall survive the Investor's admission as a Member of the SPV.

4.3. All information that the Investor has provided to the LLC, the SPV, and any Administrator concerning the knowledge and experience of financial, tax and business matters of the Investor is correct and complete.

# 5. The Wefunder Parties' Right To Use Investor Information.

5.1. The Investor agrees and consents to the Wefunder Parties, their delegates and their duly authorized agents and any of their respective related, associated or affiliated companies obtaining, holding, using, disclosing and processing the Investor's data:

a. to facilitate the acceptance, management and administration of the Investor's subscription for an Interest on an on-going basis;
b. for any other specific purposes where the Investor has given specific consent to do so;
c. to carry out statistical analysis, market research, and tracking of investment performance over time;
d. to comply with legal or regulatory requirements applicable to the SPV and any Administrator or the Investor, including, but not limited to, in connection with anti-money laundering and similar laws;
e. for disclosure or transfer to third parties including the Investor's financial adviser (where appropriate), regulatory bodies, auditors, technology providers or to the SPV, any Administrator, any Lead Investor, and their delegates or their duly appointed agents and any of their respective related, associated or affiliated companies for the purposes specified above;
1. If the contents thereof are relevant to any issue in any action, suit or proceeding to which the LLC, the SPV, any Administrator, any Lead Investor, or their affiliates are a party or by which they are or may be bound;
g. for other legitimate business of the LLC, the SPV, any Administrator, or any Lead Investor.

5.2. The Investor acknowledges and agrees that it will provide additional information or take such other actions as may be necessary or advisable for the SPV or any Administrator (in the sole judgment of the SPV and/or any Administrator) to comply with any disclosure and compliance policies, related legal process or appropriate requests (whether formal or informal) or otherwise.
5.3. The Investor agrees and consents to disclosure by the LLC, the SPV and any of their agents, including any Administrator or any Lead Investor, to relevant third parties of information pertaining to the Investor in respect of disclosure and compliance policies or information requests related thereto. Without limiting the generality of the foregoing, the Investor agrees that information about the Investor may be provided to the Company in whose securities a SPV will or proposes to invest.
5.4. The Investor authorizes the LLC, the SPV, any Administrator, and each SPV service provider to disclose the Investor's nonpublic personal information to comply with regulatory and contractual requirements applicable to the SPV and its investments. Any such disclosure shall be permitted notwithstanding any privacy policy or similar restrictions regarding the disclosure of the Investor's nonpublic personal information.

# 6. Key Risk Factors

6.1. The Investor understands that investment in a SPV may involve a complete loss of the Investor's investment. In this regard, the Investor understands that such venture investments involve a high degree of risk, and that many or most venture company investments lose money. An Investor may ultimately receive cash, securities, or a combination of cash and securities (and in many cases nothing at all). If the Investor receives securities, the securities may not be publicly traded, and may not have any significant value.
6.2. The Investor understands and agrees that the Interests are subject to restrictions on transfer and cannot be redeemed. Instead, an Investor typically must hold his or her Interest in a SPV until the SPV has sold or otherwise disposed of its investments and the SPV distributes its investments to the investors in the SPV (a "Liquidation Event"). An Investor typically will not receive any distributions until such a Liquidation Event (and may not receive anything even upon a Liquidation Event), which may not occur for many years. The Investor must therefore bear the economic risk of holding their investment for an indefinite period of time.

6.3. The Investor understands and agrees that the Interests: (a) have not been registered under the Securities Act or any other law of the United States, or under the securities laws of any state or other jurisdiction, and therefore an Interest cannot be resold, pledged, assigned or otherwise disposed of unless it is so registered or an exemption from registration is available; and (b) can only be transferred as permitted under Regulation Crowdfunding and subject to the terms and conditions of this Agreement.

6.4. The Investor understands that no guarantees have been made to the Investor about future performance or financial results of the SPV, and an investment in the SPV may result in a gain or loss upon termination or liquidation of the SPV. It is possible that the investors in a SPV will have "phantom income," which could require them to pay taxes on their investment in a SPV even though the SPV does not distribute any income (or does not distribute sufficient income to pay the taxes).

6.5. The Investor understands and agrees that the SPV was formed by and is operated by Wefunder Admin, LLC on behalf of the Company. Investors will have no right to manage or influence the management of any SPV or of the LLC.

6.6. The Investor understands and agrees that the Company may appoint a Lead Investor and that, if appointed, pursuant to a power of attorney granted by the Investor in the Investor Agreement, the Lead Investor will exercise voting authority on behalf of the Investor with respect to the SPV securities the Investor owns.

6.7. The Investor represents that he or she has read and understands the risk factors contained in the Company Information. The Investor understands and agrees that each Company is solely responsible for providing risk factors, conflicts of interest, and other disclosures that investors should consider when investing in securities issued by that Company (including through a SPV), and that the Wefunder Parties have no ability to assure, and have not in any way assured, that any or all such risk factors, conflicts of interest and other disclosures have been presented fully and fairly, or have been presented at all.

6.8. The Investor understands that any privacy statements, reports or other communications regarding the SPV and the Investor's investment in the SPV (including annual and other updates, and tax documents) will be delivered via electronic means, including through wefunder.com. The Investor hereby consents to electronic delivery as described in the preceding sentence. In so consenting, the Investor acknowledges that email messages are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or interfered with, with or without the knowledge of the sender or the intended recipient. The Investor also acknowledges that an email from the Wefunder Parties may be accessed by recipients other than the Investor and may be interfered with, may contain computer viruses or other defects and may not be successfully replicated on other systems. No Wefunder Party gives any warranties in relation to these matters.

6.9. The Investor understands and agrees that if he, she or it does not provide a valid taxpayer identification number under penalties of perjury, and attest that the Investor has not been notified by the Internal Revenue Service that he, she or it is subject to backup withholding, the SPV will be required to withhold from any proceeds otherwise payable to the Investor an amount necessary to satisfy the SPV's backup withholding obligations.

6.10. The Investor understands and agrees that if he, she or it does not provide a valid taxpayer identification number to the SPV, the SPV will withhold from any proceeds otherwise payable to the Investor an amount necessary for the SPV to satisfy its tax withholding obligations with respect to such amount. The SPV may also withhold any other amounts representing the SPV's reasonable estimation of penalties that may be charged by the Internal Revenue Service or any other taxing authority as a result of the Investor's failure to provide a valid taxpayer identification number.

# 7. Compliance With Anti-Money Laundering Laws.

7.1. The Investor represents and warrants that the Investor's investment was not directly or indirectly derived from illegal activities, including any activities that would violate U.S. Federal or State laws or any laws and regulations of other countries.

7.2. The Investor acknowledges that U.S. Federal law, regulations and Executive Orders administered by the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") may prohibit the SPV, any Administrator, or any Lead Investor from, among other things, engaging in transactions with, and the provision of services to, persons on the list of Specially Designated Nationals and Blocked Persons and persons, foreign countries and territories that are the subject of U.S. sanctions administered by OFAC (collectively, the "OFAC Maintained Sanctions").

7.3. The Investor acknowledges that the SPV prohibits the investment of funds by any persons or entities that are (i) the subject of OFAC Maintained Sanctions, (ii) acting, directly or indirectly, in contravention of any applicable laws and regulations, including anti-money laundering regulations or conventions, or on behalf of persons or entities subject to an OFAC Maintained Sanction, (iii) acting, directly or indirectly, for a senior foreign political figure, any member of a senior foreign political figure's immediate family or any close associate of a senior foreign political figure, unless the SPV, after being specifically notified by the Investor in writing that it is such a person, conducts further due diligence, and determines that such investment shall be permitted, or (iv) acting, directly or indirectly, for a foreign shell bank (such persons or entities in (i) - (iv) are collectively referred to as "Prohibited Persons"). The Investor represents and warrants that it is not, and is not acting directly or indirectly on behalf of, a Prohibited Person.

7.4. To the extent the Investor has any beneficial owners, (i) it has carried out thorough due diligence to establish the identities of such beneficial owners, (ii) based on such due diligence, the Investor reasonably believes that no such beneficial owners are Prohibited Persons, (iii) it holds the evidence of such identities and status and will maintain all such evidence for at least five years from the date of the liquidation or termination of the SPV, and (iv) it will make available such information and any additional information requested by the SPV that is required under applicable regulations.

7.5. The Investor acknowledges and agrees that the SPV or any Administrator may "freeze the account" of the Investor, including, but not limited to, by suspending distributions from the SPV to which the Investor would otherwise be entitled, if necessary to comply with anti-money laundering statutes or regulations.

7.6. The Investor acknowledges and agrees that the SPV and/or any Administrator, in complying with anti-money laundering statutes, regulations and goals, may file voluntarily and/or as required by law suspicious activity reports ("SARs") or any other information with governmental and law enforcement agencies that identify transactions and activities that the SPV or any Administrator or their agents reasonably determine to be suspicious, or is otherwise required by law. The Investor acknowledges that the LLC, the SPV, and any Administrator are prohibited by law from disclosing to third parties, including the Investor, any filing or the substance of any SARs.

7.7. The Investor agrees that, upon the request of the LLC, the SPV, or any Administrator, it will provide such information as the LLC, the SPV, or any Administrator requires to satisfy applicable anti-money laundering laws and regulations, including, without limitation, background documentation about the Investor

# 8. Regulatory Provisions

8.1. The Investor understands that no federal or state agency has passed upon the Interests or made any findings or determination as to the fairness of this investment.

8.2. The Investor certifies that the information contained in the executed copy of Form W-9 submitted to the SPV (if any) and/or the taxpayer identification provided to the SPV is correct. The Investor agrees to provide such other documentation as the SPV determines may be necessary for the SPV to fulfill any tax reporting and/or withholding requirements.

8.3. The Investor understands and agrees that the Company may cause the SPV to make an election under Section 754 of the Internal Revenue Code (the "Code") or an election to be treated as an "electing investment partnership" for purposes of Section 743 of the Code. If the SPV elects to be treated as an electing investment partnership, the Investor shall cooperate with the SPV to maintain that status and shall not take any action that would be inconsistent with such election. Upon request, the Investor shall provide the SPV with any information necessary to allow the SPV to comply with (a) its obligations to make tax basis adjustments under Section 734 or 743 of the Code and (b) its obligations as an electing investment partnership.

8.4. The Investor consents to receive any Schedule K-1 (Partner's Share of Income, Deductions, Credits, etc.) from the SPV electronically via email, the Internet and/or another electronic reporting medium in lieu of paper copies. The Investor agrees that it will confirm this consent electronically at a future date in a manner set forth by the Company at such time and as required by the electronic receipt consent rules set forth by the Internal Revenue Service. The Investor may request a paper copy of the Investor's Schedule K-1 by contacting Wefunder Inc. at support@wefunder.com or such other email address as specified on the wefunder.com platform. Requesting a paper copy will not constitute a withdrawal of the Investor's consent to receive reports or other communications, including Schedule K-1, electronically. The Investor may withdraw its consent for electronic delivery or change its contact preferences for such delivery at any time by writing to support@wefunder.com or such other email address as specified on the wefunder.com platform. Such withdrawal will take effect promptly after receipt, unless otherwise agreed upon. Upon receipt of a withdrawal request, the SPV will confirm the withdrawal and the date on which it takes effect in writing (either electronically or on paper). A withdrawal of consent does not apply to a statement that was furnished electronically before the date on which the withdrawal of consent takes effect. The SPV will cease providing information electronically upon termination of the SPV. Notwithstanding the Investor's consent to receive materials electronically, the Investor still may be required to print and attach its Schedule K-1 to a federal, state or local tax return.

# 9. Miscellaneous Provisions

# 9.1. Indemnification

9.1.1. The Investor agrees to indemnify and hold harmless the LLC, the SPV, any Administrator, any Lead Investor, or any partner, member, officer, employee, agent, affiliate or subsidiary of any of them, and each other person, if any, who controls, is controlled by, or is under common control with, any of the foregoing, within the meaning of Section 15 of the Securities Act, and their respective officers, directors, partners, members, shareholders, owners, employees and agents (collectively, the "Indemnified Parties") against any and all loss, liability, claim, damage and expense whatsoever (including all expenses reasonably incurred in investigating, preparing or defending against any claim whatsoever) arising out of or based upon (i) any false representation or warranty made by the Investor, or breach or failure by the Investor to comply with any covenant or agreement made by the Investor, in this Subscription Agreement or in any other document furnished by the Investor to any of the foregoing in connection with this transaction, or (ii) any action for securities law violations instituted by the Investor that is finally resolved by judgment against the Investor.

9.1.2. The Investor also agrees to indemnify each Indemnified Party for any and all costs, fees and expenses (including legal fees and disbursements) in connection with any damages resulting from the Investor's misrepresentation or misstatement contained herein, or the assertion of the Investor's lack of proper authorization from the beneficial owner to enter into this Subscription Agreement or perform the obligations hereof.

9.1.3. The Investor agrees to indemnify and hold harmless each Indemnified Party from and against any tax, interest, additions to tax, penalties, reasonable attorneys' and accountants' fees and disbursements, together with interest on the foregoing amounts at a rate determined by the SPV or any Administrator computed from the date of payment through the date of reimbursement, arising from the failure to withhold and pay over to the U.S. Internal Revenue Service or the taxing authority of any other jurisdiction any amounts computed, as required by applicable law, with respect to the income or gains allocated to or amounts distributed to the Investor with respect to its Interest during the period from the Investor's acquisition of the Interest until the Investor's transfer of the Interest in accordance with this Agreement, the LLC Agreement, and Regulation Crowdfunding.

9.1.4. If for any reason (other than the willful misfeasance or gross negligence of the entity that would otherwise be indemnified) the foregoing indemnification is unavailable to, or is insufficient to hold such Indemnified Party harmless, then the Investor shall contribute to the amount paid or payable by the Indemnified Party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect not only the relative benefits received by the Investor on the one hand and the Indemnified Parties on the other but also the relative fault of the Investor and the Indemnified Parties, as well as any relevant equitable considerations.

9.1.5. The reimbursement, indemnity and contribution obligations of the Investor under this section shall be in addition to any liability that the Investor may otherwise have, and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of the Indemnified Parties.

9.2. Limitation of Liability. The LLC is a Delaware "multi-series" limited liability company. As a multi-series limited liability company, the LLC may operate multiple series with the benefit of segregation of assets and liabilities among each of its series pursuant to the Delaware Limited Liability Company Act, as amended (the "Delaware Act"). Accordingly, the Investor hereby agrees that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a series (including the SPV) shall be enforceable against the assets of that series only and not against the LLC generally or the assets of any other series. In addition, none of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the LLC generally, or any particular series, shall be enforceable against the assets of any other series.

9.3. **Counsel** The Investor understands that Morrison & Foerster LLP serves as legal counsel on certain matters to Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC and Wefunder Advisors, LLC and not to the SPV or any Investor by virtue of its investment in the SPV, and that no independent counsel has been retained to represent the SPV or Investors in the SPV. The Investor also understands that Morrison & Foerster LLP has not independently verified any factual assertions made in the Company Information or on the Wefunder website and is not responsible for the SPV's compliance with its investment program or applicable law.

9.4. **Power of Attorney** The Investor hereby appoints each of the Company and Wefunder Admin, LLC as its true and lawful representative and attorney-in-fact, in its name, place and stead to make, execute, sign, acknowledge, swear to and file:

9.4.1. a Certificate of Formation of the LLC and any amendments required under the Delaware Act
9.4.2. the LLC Agreement and any duly adopted amendments;
9.4.3. any and all instruments, certificates and other documents that may be deemed necessary or desirable to effect the winding-up and termination of the LLC or the SPV (including a Certificate of Cancellation of the Certificate of Formation); and
9.4.4. any business certificate, fictitious name certificate, related amendment or other instrument or document of any kind necessary or desirable to accomplish the LLC's or the SPV's business, purpose and objectives or required by any applicable U.S., state, local or other law.

This power of attorney is coupled with an interest, is irrevocable, and shall survive and shall not be affected by the subsequent death, disability, incompetency, termination, bankruptcy, insolvency or dissolution of the Investor; provided, however, that this power of attorney will terminate upon the substitution of another SPV member for all of the Investor's investment in the LLC or the SPV or upon the liquidation or termination of the LLC or the SPV. The Investor hereby waives any and all defenses that may be available to contest, negate or disaffirm the actions of the LLC, the SPV, and any Administrator taken in good faith under this power of attorney.

# 9.5. Confidentiality

9.5.1. The Investor agrees that the Company Information and all financial statements (if any), tax reports (if any), portfolio valuations (if any), private placement memoranda (if any), reviews or analyses of potential or actual investments (if any), reports or other materials prepared or produced by the SPV and/or any Administrator and all other documents and information concerning the affairs of the SPV and/or the Fund's investments, including, without limitation, information about the Company, and/or the persons directly or indirectly investing in the SPV (collectively, the "Confidential Information") that the Investor may receive pursuant to or in accordance with the use of the Wefunder website, an investment in one or more SPVs, or otherwise as a result of its ownership of an Interest in the SPV, constitute proprietary and confidential information about the SPV, any Administrator, and/or any Lead Investor (the "Affected Parties").

9.5.2. The Investor acknowledges that the Affected Parties derive independent economic value from the Confidential Information not being generally known and that the Confidential Information is the subject of reasonable efforts to maintain its secrecy. The Investor further acknowledges that the Confidential Information is a trade secret, the disclosure of which is likely to cause substantial and irreparable competitive harm to the Affected Companies or their respective businesses. The Investor shall not reproduce any of the Confidential Information or portion thereof or make the contents thereof available to any third party other than a disclosure on a need-to-know basis to the Investor's legal, accounting or investment advisers, auditors and representatives (collectively, "Advisers"), except to the extent compelled to do so in accordance with applicable law (in which case the Investor shall promptly notify the SPV of the Investor's obligation to disclose any Confidential Information) or with respect to Confidential Information that otherwise becomes publicly available other than through breach of this provision by the Investor.

9.5.3. To the fullest extent permitted by law, the Investor agrees not to request disclosure or inspection of any such information after the Investor is notified (whether in response to the Investor's request for information or otherwise) that the SPV has determined not to disclose such information.

9.5.4. The Investor agrees that the LLC, the SPV, and the SPV service providers would be subject to potentially irreparable injury as a result of any breach by the Investor of the covenants and agreements set forth in this Item 9.5, and that monetary damages would not be sufficient to compensate or make whole the LLC, the SPV, and the SPV services providers for any such breach. Accordingly the Investor agrees that the LLC, the SPV, and the SPV service providers shall be entitled to equitable and injunctive relief, on an emergency, temporary, preliminary and/or permanent basis, to prevent any such breach or the continuation thereof.

9.6. Amendments. Neither this Subscription Agreement nor any term hereof may be supplemented, changed, waived, discharged or terminated except with the written consent of the Investor and the Company on behalf of the relevant SPV. For the sake of clarity, the restriction on the Company in the preceding sentence applies solely to the form of this Subscription Agreement applicable to SPVs that have had a closing, and does not prevent the Company from changing the form and content of this Subscription Agreement for use in offerings of SPVs that have not had a closing.

9.7. Assignability and Transferability. This Subscription Agreement is not transferable or assignable by the Investor without the prior written consent of the Company on behalf of the SPV, and any transfer or assignment in violation of this provision shall be null and void. The Interests in the SPV being acquired by Investor herein may only be transferred by Investor in compliance with Regulation Crowdfunding and the terms and conditions of this Agreement. If Investor seeks to transfer the Interests, Investor shall first give written notice to the Company and Wefunder Admin, LLC, including the number of Interests that Investor desires to transfer, the proposed price, the name and contact information of the proposed buyer, and any other information that the Company or Wefunder Admin, LLC may reasonably request. To the extent possible, such notice shall be provided through the Wefunder.com website. Any transfer of Interests shall be subject to execution by Investor and the proposed transferee of appropriate documentation, as may be required by the Company or Wefunder Admin, LLC, in their discretion. Investor further acknowledges that pursuant to the LLC Agreement, Wefunder Admin, LLC (as Series Manager of the SPV), may impose additional restrictions on or prohibit the Transfer of Interests for any reason or no reason, in its sole discretion.

9.8. **Repurchase.** In the event that the SPV or any Administrator determines that it is likely that within twelve (12) months the securities of the SPV or the Company will be held of record by a number of persons that would require the SPV or the Company to register a class of its equity securities under the Securities Exchange Act of 1934, as amended ('Exchange Act'), as required by Section 12(g) or 15(d) thereof, the SPV shall have the option to repurchase the Interests from each Investor to the extent necessary to avoid the requirement to register a class of its securities under the Exchange Act. Such repurchase of Interests shall be for the greater of (i) the purchase price of the Interests, or (ii) the fair market value of the Interests, as determined by an independent appraiser of securities chosen by the Administrator. Any such repurchase may only occur with the consent of Wefunder Admin, LLC, as Series Manager of the SPV.

9.9. **Governing Law.** Consent to Jurisdiction. Notwithstanding the place where this Subscription Agreement may be executed by any of the parties hereto, the parties expressly agree that all the terms and provisions hereof shall be construed under the laws of the State of Delaware. Any action or proceeding brought by the SPV or any SPV service provider against one or more investors in the SPV relating in any way to this Subscription Agreement or the LLC Agreement may, and any action or proceeding brought by any other party against the SPV or any SPV service provider relating in any way to this Subscription Agreement or the Company Information shall, be brought and enforced in the state courts of the State of Delaware located in Wilmington or (to the extent subject matter jurisdiction exists therefore) in the courts of the United States located in the District of Delaware; and the Investor and the SPV irrevocably submit to the jurisdiction of both such state and federal courts in respect of any such action or proceeding. The Investor and the SPV irrevocably waive, to the fullest extent permitted by law, any objection that they may now or hereafter have to laying the venue of any such action or proceeding in the courts of the State of Delaware located in Wilmington or in the courts of the United States located in the District of Delaware and any claim that any such action or proceeding brought in any such court has been brought in an inconvenient forum.

9.10. **Severability.** If any provision of this Subscription Agreement is invalid or unenforceable under any applicable law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to conform with such applicable law. Any provision hereof that may be held invalid or unenforceable under any applicable law shall not affect the validity or enforceability of any other provisions hereof, and to this extent the provisions hereof shall be severable.

9.11. **Headings.** The headings in this Subscription Agreement are for convenience of reference only, and shall not limit or otherwise affect the meaning hereof.

9.12. **General.** This Subscription Agreement shall be binding upon the Investor and the legal representatives, successors and assigns of the Investor, shall survive the admission of the Investor as a member of a SPV, and shall, if the Investor consists of more than one person, be the joint and several obligation of all such persons.

*[Remainder of page intentionally left blank. Signature page follows.]*

The undersigned have executed this instrument as of the date first above written.

SPV

NpCloud Solutions I EB, as series of Wefunder SPV, LLC
By: Wefunder Admin, LLC, its Manager

By: Founder Signature

Date:

Name: Nicholas Tommarello

Title: Chief Executive Officer

Investor

[INVESTOR NAME]

By: Investor Signature

Date:

CONTACT INFORMATION:

Name: [INVESTOR NAME]

Mailing Address:

City:

Country:

E-mail:

# TERMS APPENDIX FOR THE PURCHASE OF NpCloud
Solutions Inc. SECURITIES BY NpCloud Solutions I EB,
A SERIES OF WEFUNDER SPV, LLC, A DELAWARE
LIMITED LIABILITY COMPANY

**Type of Security:** Priced Round

**Terms** $0.50 per share and a $5M pre-money valuation

To view a copy of the contract, please see **Appendix B, Investor Contracts** of
the Form C. The latest Form C or C/A filing be found here:
https://www.sec.gov/cgi-bin/srch-edgar?text=%28FORM-
TYPE%3DC%2FA+or+FORM-
TYPE%3DC%29+and+CIK%3D0001953958&first=2016

**Attachment 5:** `document_5.pdf`

# **NpCloud Solutions I (THE "SPV"),**
a series of **Wefunder SPV, LLC**, a Delaware limited
liability company (the "LLC")

# Subscription Agreement

**[INVESTMENT AMOUNT]**

**[INVESTMENT DATE]**

**NpCloud Solutions I** (the "SPV"), a series of **Wefunder SPV, LLC** (the "LLC"), is a special purpose vehicle that will invest all of its assets in securities issued by **NpCloud Solutions Inc.** (the "Company"). By making an investment in the SPV through the **Wefunder website**, I understand and agree to the representations set forth below.

I have reviewed the following information and documents in connection with this Subscription Agreement:

1. The information on the **Wefunder website** about the Company. I acknowledge that this information was prepared solely by either the Company or a third party whose work has been verified by the Company, and that none of **Wefunder, Inc.**, **Wefunder Portal, LLC**, **Wefunder Admin, LLC** or **Wefunder Advisors, LLC**, nor any of their affiliates, employees or agents, are responsible for the adequacy, completeness, or accuracy of this information;
2. The Form C relating to this investment, which provides information about investment in the Company through the use of the SPV;
3. The Series Appendix, an appendix to the **Wefunder SPV, LLC** limited liability company agreement (the "**LLC Agreement**"), which sets forth certain specific terms of the SPV;
4. The Terms Appendix, which summarizes the terms of the Company securities to be purchased by the SPV;
5. The **LLC Agreement**, which sets forth other terms applicable to each SPV;
6. This Subscription Agreement, which sets forth the terms governing your investment in the SPV, and that sets forth certain representations you are making in connection with your investment in the SPV;
7. The **Wefunder Investor Agreement**; and
8. The **Wefunder Terms of Service**.

**By making an investment in the SPV through the Wefunder website, I agree to be bound by this Subscription Agreement and the terms of the other agreements listed above with respect to my investment in the SPV.**

# Subscription Agreement

# SCOPE OF AGREEMENT AND INVESTOR ELIGIBILITY
REPRESENTATIONS

A. This agreement ("Agreement") applies to each investment in a series ("SPV") of Wefunder SPV, LLC (the "LLC"). Each series is a separate pool of assets from every other series. Each SPV will invest all of its assets in securities issued by a single company ("Company") as set forth in the applicable series appendix ("Series Appendix") to the Wefunder SPV, LLC limited liability company agreement (LLC Agreement). The terms of the Company securities to be purchased by the SPV are summarized in an appendix ("Terms Appendix") attached to this Agreement.
B. Each SPV is formed by and operated by Wefunder Admin, LLC on behalf of the Company in whose securities that SPV invests.
C. Important information about the Company, about the related SPV, and more generally about investments through the Wefunder website, is available through the Wefunder website. The Investor should review that information, and all relevant Company Information (as defined below), carefully before making an investment in any SPV.
D. Each SPV will offer membership interests ("Interests") in that SPV pursuant to Regulation Crowdfunding under the U.S. Securities Act of 1933, as amended (the "Securities Act").
E. You hereby agree that each time you make an investment in any SPV, you will be deemed to have entered into this Agreement, and will be deemed to have made each representation and covenant contained in this Agreement.
F. Except as the context otherwise requires, any reference in this Subscription Agreement to:

1. a "SPV" shall mean "The LLC acting solely on behalf of and for the account of the SPV";
2. "Investor" and "you" shall mean a person (whether individually, jointly with another person, or through his or her individual retirement account) who has agreed to invest, or has invested, in any SPV; and
3. "Company Information" means:

a. The information on the Wefunder website about the Company. I acknowledge that this information was prepared solely by either the Company or a third party whose work has been verified by the Company, and that neither Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC or Wefunder Advisors, LLC (together, the "Wefunder entities," nor any of their affiliates, employees or agents, are responsible for the adequacy, completeness, or accuracy of this information;
b. The Form C relating to this investment, which provides information about investment in the Company through the use of the SPV;
c. The Series Appendix, an appendix to the Wefunder SPV, LLC limited liability company agreement (the "LLC Agreement"), which sets forth certain specific terms of the SPV;
d. The Terms Appendix, which summarizes the terms of the Company securities to be purchased by the SPV;
e. The LLC Agreement, which sets forth other terms applicable to each SPV;
f. This Subscription Agreement, which sets forth the terms governing your investment in the SPV, and that sets forth certain representations you are making in connection with your investment in the SPV;
g. The Wefunder Investor Agreement; and
h. The Wefunder Terms of Service.

INVESTOR'S REPRESENTATIONS AND COVENANTS

# 1. Investor's Review of Information and Investment Decision

1.1. The Investor has carefully read and understands the Company Information. The Investor acknowledges that it has made an independent decision to invest indirectly in the Company through the SPV and that, in making its decision to invest in a SPV, the Investor has relied solely upon the Company Information, any other relevant information on the Wefunder website, and independent investigations made by the Investor. The Investor understands that no representations or warranties have been made to the Investor by the LLC, the relevant SPV, any administrator appointed from time to time with respect to the SPV (the "Administrator"), any lead investor appointed from time to time with respect to the SPV (the "Lead Investor"), or any partner, member, officer, employee, agent, affiliate or subsidiary of any of them regarding the Company.

1.2. The Investor has been provided an opportunity to request additional information concerning the Company and the offering through the Ask A Question feature on wefunder.com.

1.3. The Investor understands and agrees that neither Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC, any of their affiliates, nor any director, manager, officer, shareholder, member, employee or agent of Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC or any of their affiliates (each, a "Wefunder Party," and collectively, "Wefunder Parties") shall be liable in connection with any information or omission of information contained in materials prepared or supplied by the Company. Such materials may include, but are not limited to, information provided by the Company in the Form C related to the offering, information available through the Wefunder website, and materials distributed to the Investor by the SPV on behalf of a Company.

1.4. The Investor represents and agrees that no Wefunder Party has recommended or suggested any investment in a SPV, or any investment related to a Company, to the Investor.

1.5. Investor understands that no Wefunder Party is an adviser to Investor, and that Investor is not an advisory or other client of any Wefunder Party.

1.6. The Investor is not relying on any Wefunder Party or any other person or entity with respect to the legal, accounting, business, investment, pension, tax or other economic considerations involved in this investment other than the Investor's own advisers that are not affiliated with any of the foregoing persons.

1.7. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating the merits and risks of the Investor's investment in the SPV and is able to bear such risks. The Investor has obtained, in the Investor's judgment, sufficient information to evaluate the merits and risks of such investment. The Investor has evaluated the risks of investing in the SPV, understands there are substantial risks of loss incidental to the purchase of an Interest and has determined that the Interest is a suitable investment for the Investor and consistent with the general investment objectives of the Investor.

# 2. Investor's Representations Related To Investment in a SPV.

2.1. The Investor is acquiring the Interest for its own account, for investment purposes only and not with an intent to resell or distribute the Interest (or any distributions received from the SPV in whole or in part), and the Investor agrees that it will not sell or otherwise transfer the Interest unless in compliance with Regulation Crowdfunding and other applicable securities laws, and with the terms and conditions of this Agreement.
2.2. The Investor's investment in the Interest is consistent with the investment purposes, objectives and cash flow requirements of the Investor and will not adversely affect the Investor's overall need for diversification and liquidity.
2.3. The Investor has all requisite power, authority and capacity to acquire and hold the Interest and to execute, deliver and comply with the terms of each of the instruments required to be executed and delivered by the Investor in connection with the Investor's subscription for the Interest, including without limitation this Subscription Agreement, and such execution, delivery and compliance does not conflict with, or constitute a default under, any instruments governing the Investor, any law, regulation or order, or any agreement or other undertaking to which the Investor is a party or by which the Investor may be bound. If the Investor is an entity, the person executing and delivering each of such instruments on behalf of the Investor has all requisite power, authority and capacity to execute and deliver such instruments, and, upon request by the SPV, will furnish to the SPV a true and correct copy of any instruments governing the Investor, including all amendments thereto. The signature on each of such instruments is genuine and each of such instruments constitutes a legal, valid and binding obligation of the Investor enforceable against the Investor in accordance with its terms.
2.4. The Wefunder Parties are each hereby authorized and instructed to accept and execute any instructions in respect of the Interest given by the Investor in written or electronic form. The Wefunder Parties may rely conclusively upon and shall incur no liability in respect of any action take upon any notice, consent, request, instructions or other instrument believed in good faith to be genuine or to be signed by properly authorized persons of the Investor.
2.5. Pursuant to the requirements of Treas. Reg. § 301.6109-1(c), the Investor has provided, or agrees to provide upon the earlier of (i) two years of an acquisition of an Interest or (ii) twenty (20) days before any distribution is to be made from the SPV, his, her or its taxpayer identification number (e.g., social security number or employer identification number) under penalties of perjury and has or will attest that the Internal Revenue Service has not notified the Investor that he, she or it is subject to backup withholding.

# 3. The Manager Has The Right To Reject Any Subscription, In Whole Or In Part.

3.1. The Investor understands that the SPV will not register as an investment company under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), nor will it make a public offering of its securities within the United States.
3.2. The Investor understands that the value of all investments in any SPV made through individual retirement accounts ("IRAs") must be less than \(25\%\) of the value of the SPV's assets.

3.3. If the Investor is investing in a SPV through an employee benefit plan of any kind, including an individual retirement account (the "Plan"), and an individual or entity (the "Fiduciary") has entered into this Agreement on behalf of the Plan, the Fiduciary hereby makes the following representations, warranties, and covenants:

i. The Fiduciary is a fiduciary of the Plan who is authorized to invest Plan assets or is acting at the direction of a Plan fiduciary authorized to invest Plan assets. The Fiduciary has determined that an investment in the Fund is consistent with the Fiduciary's responsibilities to the Plan under Employee Retirement Income Security Act of 1974, as amended ("ERISA") or other applicable law, and is qualified to make such investment decision. The Fiduciary is authorized to make all representations, covenants and agreements set forth in this Agreement about and on behalf of the Investor, and the Fiduciary hereby agrees that, except for the representations, covenants and agreements contained in this section 3.3, all representations, covenants and agreements contained in this Agreement are made on behalf of the Investor who is investing through the Plan.

ii. The execution and delivery of this Subscription Agreement, and the investment contemplated hereby has been duly authorized by all appropriate and necessary parties pursuant to the provisions of the instrument or instruments governing the Plan and any related trust; and (B) will not violate, and is not otherwise inconsistent with, the terms of such instrument or instruments.

iii. The Fiduciary acknowledges that the assets of the Fund will be invested in accordance with the Company Information related to that Fund.

iv. The Plan's purchase and holding of an Interest will not constitute a non-exempt transaction prohibited under ERISA, Section 4975 of the Internal Revenue Code (the "Code"), or any similar laws or other federal, state, local, foreign or other laws or regulations applicable to the Plan and its investments. None of the Wefunder entities nor any of their affiliates, agents, or employees: (A) exercises any authority or control with respect to the management or disposition of assets of the Plan used to purchase an Interest; (B) renders investment advice for a fee (pursuant to an agreement or understanding that such advice will serve as a primary basis for investment decisions and that such advice will be based on the particular investment needs of the Plan), with respect to such assets of the Plan, or has the authority to do so, or (C) is an employer maintaining or contributing to, or any of whose employees are covered by, the Plan.

v. The Fiduciary understands and agrees to the fee arrangements described in the Company Information.

vi. The Fiduciary understands and agrees that, to prevent the assets of the SPV from being treated as "plan assets" for purposes of ERISA and Section 4975 of the Code, the Investor may be prohibited from purchasing or acquiring an Interest or may be required to redeem its Interest or a portion thereof.

3.4. The Investor acknowledges that the SPV and any Administrator, on the SPV's behalf, may not accept any investment from an Investor if the Investor cannot truthfully make the representations contained herein.

4. The Correctness And Accuracy Of All Information Provided By Investor To The LLC Or The SPV.

4.1. The Investor confirms that all information and documentation provided to the LLC, the SPV, and any Administrator, including, but not limited to, all information regarding the Investor's identity, taxpayer identification number, the source of the funds to be invested in the SPV, and the Investor's eligibility to invest in offerings under Regulation Crowdfunding, is true, correct and complete. Should any such information change or no longer be accurate, the Investor agrees and covenants that they will promptly notify the Wefunder Parties of such changes via the wefunder.com platform. The Investor agrees and covenants that he, she or it will maintain accurate and up-to-date contact information (including email and mailing address) on the wefunder.com platform and will promptly update such information in the event it changes or is no longer accurate.

4.2. The representations, warranties, agreements, undertakings and acknowledgments made by the Investor in this Subscription Agreement will be relied upon by the LLC, the SPV, and any Administrator in determining the Fund's compliance with federal and state securities laws, and shall survive the Investor's admission as a Member of the SPV.

4.3. All information that the Investor has provided to the LLC, the SPV, and any Administrator concerning the knowledge and experience of financial, tax and business matters of the Investor is correct and complete.

# 5. The Wefunder Parties' Right To Use Investor Information.

5.1. The Investor agrees and consents to the Wefunder Parties, their delegates and their duly authorized agents and any of their respective related, associated or affiliated companies obtaining, holding, using, disclosing and processing the Investor's data:

a. to facilitate the acceptance, management and administration of the Investor's subscription for an Interest on an on-going basis;
b. for any other specific purposes where the Investor has given specific consent to do so;
c. to carry out statistical analysis, market research, and tracking of investment performance over time;
d. to comply with legal or regulatory requirements applicable to the SPV and any Administrator or the Investor, including, but not limited to, in connection with anti-money laundering and similar laws;
e. for disclosure or transfer to third parties including the Investor's financial adviser (where appropriate), regulatory bodies, auditors, technology providers or to the SPV, any Administrator, any Lead Investor, and their delegates or their duly appointed agents and any of their respective related, associated or affiliated companies for the purposes specified above;
1. If the contents thereof are relevant to any issue in any action, suit or proceeding to which the LLC, the SPV, any Administrator, any Lead Investor, or their affiliates are a party or by which they are or may be bound;
g. for other legitimate business of the LLC, the SPV, any Administrator, or any Lead Investor.

5.2. The Investor acknowledges and agrees that it will provide additional information or take such other actions as may be necessary or advisable for the SPV or any Administrator (in the sole judgment of the SPV and/or any Administrator) to comply with any disclosure and compliance policies, related legal process or appropriate requests (whether formal or informal) or otherwise.
5.3. The Investor agrees and consents to disclosure by the LLC, the SPV and any of their agents, including any Administrator or any Lead Investor, to relevant third parties of information pertaining to the Investor in respect of disclosure and compliance policies or information requests related thereto. Without limiting the generality of the foregoing, the Investor agrees that information about the Investor may be provided to the Company in whose securities a SPV will or proposes to invest.
5.4. The Investor authorizes the LLC, the SPV, any Administrator, and each SPV service provider to disclose the Investor's nonpublic personal information to comply with regulatory and contractual requirements applicable to the SPV and its investments. Any such disclosure shall be permitted notwithstanding any privacy policy or similar restrictions regarding the disclosure of the Investor's nonpublic personal information.

# 6. Key Risk Factors

6.1. The Investor understands that investment in a SPV may involve a complete loss of the Investor's investment. In this regard, the Investor understands that such venture investments involve a high degree of risk, and that many or most venture company investments lose money. An Investor may ultimately receive cash, securities, or a combination of cash and securities (and in many cases nothing at all). If the Investor receives securities, the securities may not be publicly traded, and may not have any significant value.
6.2. The Investor understands and agrees that the Interests are subject to restrictions on transfer and cannot be redeemed. Instead, an Investor typically must hold his or her Interest in a SPV until the SPV has sold or otherwise disposed of its investments and the SPV distributes its investments to the investors in the SPV (a "Liquidation Event"). An Investor typically will not receive any distributions until such a Liquidation Event (and may not receive anything even upon a Liquidation Event), which may not occur for many years. The Investor must therefore bear the economic risk of holding their investment for an indefinite period of time.

6.3. The Investor understands and agrees that the Interests: (a) have not been registered under the Securities Act or any other law of the United States, or under the securities laws of any state or other jurisdiction, and therefore an Interest cannot be resold, pledged, assigned or otherwise disposed of unless it is so registered or an exemption from registration is available; and (b) can only be transferred as permitted under Regulation Crowdfunding and subject to the terms and conditions of this Agreement.

6.4. The Investor understands that no guarantees have been made to the Investor about future performance or financial results of the SPV, and an investment in the SPV may result in a gain or loss upon termination or liquidation of the SPV. It is possible that the investors in a SPV will have "phantom income," which could require them to pay taxes on their investment in a SPV even though the SPV does not distribute any income (or does not distribute sufficient income to pay the taxes).

6.5. The Investor understands and agrees that the SPV was formed by and is operated by Wefunder Admin, LLC on behalf of the Company. Investors will have no right to manage or influence the management of any SPV or of the LLC.

6.6. The Investor understands and agrees that the Company may appoint a Lead Investor and that, if appointed, pursuant to a power of attorney granted by the Investor in the Investor Agreement, the Lead Investor will exercise voting authority on behalf of the Investor with respect to the SPV securities the Investor owns.

6.7. The Investor represents that he or she has read and understands the risk factors contained in the Company Information. The Investor understands and agrees that each Company is solely responsible for providing risk factors, conflicts of interest, and other disclosures that investors should consider when investing in securities issued by that Company (including through a SPV), and that the Wefunder Parties have no ability to assure, and have not in any way assured, that any or all such risk factors, conflicts of interest and other disclosures have been presented fully and fairly, or have been presented at all.

6.8. The Investor understands that any privacy statements, reports or other communications regarding the SPV and the Investor's investment in the SPV (including annual and other updates, and tax documents) will be delivered via electronic means, including through wefunder.com. The Investor hereby consents to electronic delivery as described in the preceding sentence. In so consenting, the Investor acknowledges that email messages are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or interfered with, with or without the knowledge of the sender or the intended recipient. The Investor also acknowledges that an email from the Wefunder Parties may be accessed by recipients other than the Investor and may be interfered with, may contain computer viruses or other defects and may not be successfully replicated on other systems. No Wefunder Party gives any warranties in relation to these matters.

6.9. The Investor understands and agrees that if he, she or it does not provide a valid taxpayer identification number under penalties of perjury, and attest that the Investor has not been notified by the Internal Revenue Service that he, she or it is subject to backup withholding, the SPV will be required to withhold from any proceeds otherwise payable to the Investor an amount necessary to satisfy the SPV's backup withholding obligations.

6.10. The Investor understands and agrees that if he, she or it does not provide a valid taxpayer identification number to the SPV, the SPV will withhold from any proceeds otherwise payable to the Investor an amount necessary for the SPV to satisfy its tax withholding obligations with respect to such amount. The SPV may also withhold any other amounts representing the SPV's reasonable estimation of penalties that may be charged by the Internal Revenue Service or any other taxing authority as a result of the Investor's failure to provide a valid taxpayer identification number.

# 7. Compliance With Anti-Money Laundering Laws.

7.1. The Investor represents and warrants that the Investor's investment was not directly or indirectly derived from illegal activities, including any activities that would violate U.S. Federal or State laws or any laws and regulations of other countries.

7.2. The Investor acknowledges that U.S. Federal law, regulations and Executive Orders administered by the U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") may prohibit the SPV, any Administrator, or any Lead Investor from, among other things, engaging in transactions with, and the provision of services to, persons on the list of Specially Designated Nationals and Blocked Persons and persons, foreign countries and territories that are the subject of U.S. sanctions administered by OFAC (collectively, the "OFAC Maintained Sanctions").

7.3. The Investor acknowledges that the SPV prohibits the investment of funds by any persons or entities that are (i) the subject of OFAC Maintained Sanctions, (ii) acting, directly or indirectly, in contravention of any applicable laws and regulations, including anti-money laundering regulations or conventions, or on behalf of persons or entities subject to an OFAC Maintained Sanction, (iii) acting, directly or indirectly, for a senior foreign political figure, any member of a senior foreign political figure's immediate family or any close associate of a senior foreign political figure, unless the SPV, after being specifically notified by the Investor in writing that it is such a person, conducts further due diligence, and determines that such investment shall be permitted, or (iv) acting, directly or indirectly, for a foreign shell bank (such persons or entities in (i) - (iv) are collectively referred to as "Prohibited Persons"). The Investor represents and warrants that it is not, and is not acting directly or indirectly on behalf of, a Prohibited Person.

7.4. To the extent the Investor has any beneficial owners, (i) it has carried out thorough due diligence to establish the identities of such beneficial owners, (ii) based on such due diligence, the Investor reasonably believes that no such beneficial owners are Prohibited Persons, (iii) it holds the evidence of such identities and status and will maintain all such evidence for at least five years from the date of the liquidation or termination of the SPV, and (iv) it will make available such information and any additional information requested by the SPV that is required under applicable regulations.

7.5. The Investor acknowledges and agrees that the SPV or any Administrator may "freeze the account" of the Investor, including, but not limited to, by suspending distributions from the SPV to which the Investor would otherwise be entitled, if necessary to comply with anti-money laundering statutes or regulations.

7.6. The Investor acknowledges and agrees that the SPV and/or any Administrator, in complying with anti-money laundering statutes, regulations and goals, may file voluntarily and/or as required by law suspicious activity reports ("SARs") or any other information with governmental and law enforcement agencies that identify transactions and activities that the SPV or any Administrator or their agents reasonably determine to be suspicious, or is otherwise required by law. The Investor acknowledges that the LLC, the SPV, and any Administrator are prohibited by law from disclosing to third parties, including the Investor, any filing or the substance of any SARs.

7.7. The Investor agrees that, upon the request of the LLC, the SPV, or any Administrator, it will provide such information as the LLC, the SPV, or any Administrator requires to satisfy applicable anti-money laundering laws and regulations, including, without limitation, background documentation about the Investor

# 8. Regulatory Provisions

8.1. The Investor understands that no federal or state agency has passed upon the Interests or made any findings or determination as to the fairness of this investment.

8.2. The Investor certifies that the information contained in the executed copy of Form W-9 submitted to the SPV (if any) and/or the taxpayer identification provided to the SPV is correct. The Investor agrees to provide such other documentation as the SPV determines may be necessary for the SPV to fulfill any tax reporting and/or withholding requirements.

8.3. The Investor understands and agrees that the Company may cause the SPV to make an election under Section 754 of the Internal Revenue Code (the "Code") or an election to be treated as an "electing investment partnership" for purposes of Section 743 of the Code. If the SPV elects to be treated as an electing investment partnership, the Investor shall cooperate with the SPV to maintain that status and shall not take any action that would be inconsistent with such election. Upon request, the Investor shall provide the SPV with any information necessary to allow the SPV to comply with (a) its obligations to make tax basis adjustments under Section 734 or 743 of the Code and (b) its obligations as an electing investment partnership.

8.4. The Investor consents to receive any Schedule K-1 (Partner's Share of Income, Deductions, Credits, etc.) from the SPV electronically via email, the Internet and/or another electronic reporting medium in lieu of paper copies. The Investor agrees that it will confirm this consent electronically at a future date in a manner set forth by the Company at such time and as required by the electronic receipt consent rules set forth by the Internal Revenue Service. The Investor may request a paper copy of the Investor's Schedule K-1 by contacting Wefunder Inc. at support@wefunder.com or such other email address as specified on the wefunder.com platform. Requesting a paper copy will not constitute a withdrawal of the Investor's consent to receive reports or other communications, including Schedule K-1, electronically. The Investor may withdraw its consent for electronic delivery or change its contact preferences for such delivery at any time by writing to support@wefunder.com or such other email address as specified on the wefunder.com platform. Such withdrawal will take effect promptly after receipt, unless otherwise agreed upon. Upon receipt of a withdrawal request, the SPV will confirm the withdrawal and the date on which it takes effect in writing (either electronically or on paper). A withdrawal of consent does not apply to a statement that was furnished electronically before the date on which the withdrawal of consent takes effect. The SPV will cease providing information electronically upon termination of the SPV. Notwithstanding the Investor's consent to receive materials electronically, the Investor still may be required to print and attach its Schedule K-1 to a federal, state or local tax return.

# 9. Miscellaneous Provisions

# 9.1. Indemnification

9.1.1. The Investor agrees to indemnify and hold harmless the LLC, the SPV, any Administrator, any Lead Investor, or any partner, member, officer, employee, agent, affiliate or subsidiary of any of them, and each other person, if any, who controls, is controlled by, or is under common control with, any of the foregoing, within the meaning of Section 15 of the Securities Act, and their respective officers, directors, partners, members, shareholders, owners, employees and agents (collectively, the "Indemnified Parties") against any and all loss, liability, claim, damage and expense whatsoever (including all expenses reasonably incurred in investigating, preparing or defending against any claim whatsoever) arising out of or based upon (i) any false representation or warranty made by the Investor, or breach or failure by the Investor to comply with any covenant or agreement made by the Investor, in this Subscription Agreement or in any other document furnished by the Investor to any of the foregoing in connection with this transaction, or (ii) any action for securities law violations instituted by the Investor that is finally resolved by judgment against the Investor.

9.1.2. The Investor also agrees to indemnify each Indemnified Party for any and all costs, fees and expenses (including legal fees and disbursements) in connection with any damages resulting from the Investor's misrepresentation or misstatement contained herein, or the assertion of the Investor's lack of proper authorization from the beneficial owner to enter into this Subscription Agreement or perform the obligations hereof.

9.1.3. The Investor agrees to indemnify and hold harmless each Indemnified Party from and against any tax, interest, additions to tax, penalties, reasonable attorneys' and accountants' fees and disbursements, together with interest on the foregoing amounts at a rate determined by the SPV or any Administrator computed from the date of payment through the date of reimbursement, arising from the failure to withhold and pay over to the U.S. Internal Revenue Service or the taxing authority of any other jurisdiction any amounts computed, as required by applicable law, with respect to the income or gains allocated to or amounts distributed to the Investor with respect to its Interest during the period from the Investor's acquisition of the Interest until the Investor's transfer of the Interest in accordance with this Agreement, the LLC Agreement, and Regulation Crowdfunding.

9.1.4. If for any reason (other than the willful misfeasance or gross negligence of the entity that would otherwise be indemnified) the foregoing indemnification is unavailable to, or is insufficient to hold such Indemnified Party harmless, then the Investor shall contribute to the amount paid or payable by the Indemnified Party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect not only the relative benefits received by the Investor on the one hand and the Indemnified Parties on the other but also the relative fault of the Investor and the Indemnified Parties, as well as any relevant equitable considerations.

9.1.5. The reimbursement, indemnity and contribution obligations of the Investor under this section shall be in addition to any liability that the Investor may otherwise have, and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of the Indemnified Parties.

9.2. Limitation of Liability. The LLC is a Delaware "multi-series" limited liability company. As a multi-series limited liability company, the LLC may operate multiple series with the benefit of segregation of assets and liabilities among each of its series pursuant to the Delaware Limited Liability Company Act, as amended (the "Delaware Act"). Accordingly, the Investor hereby agrees that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a series (including the SPV) shall be enforceable against the assets of that series only and not against the LLC generally or the assets of any other series. In addition, none of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the LLC generally, or any particular series, shall be enforceable against the assets of any other series.

9.3. **Counsel** The Investor understands that Morrison & Foerster LLP serves as legal counsel on certain matters to Wefunder, Inc., Wefunder Portal, LLC, Wefunder Admin, LLC and Wefunder Advisors, LLC and not to the SPV or any Investor by virtue of its investment in the SPV, and that no independent counsel has been retained to represent the SPV or Investors in the SPV. The Investor also understands that Morrison & Foerster LLP has not independently verified any factual assertions made in the Company Information or on the Wefunder website and is not responsible for the SPV's compliance with its investment program or applicable law.

9.4. **Power of Attorney** The Investor hereby appoints each of the Company and Wefunder Admin, LLC as its true and lawful representative and attorney-in-fact, in its name, place and stead to make, execute, sign, acknowledge, swear to and file:

9.4.1. a Certificate of Formation of the LLC and any amendments required under the Delaware Act
9.4.2. the LLC Agreement and any duly adopted amendments;
9.4.3. any and all instruments, certificates and other documents that may be deemed necessary or desirable to effect the winding-up and termination of the LLC or the SPV (including a Certificate of Cancellation of the Certificate of Formation); and
9.4.4. any business certificate, fictitious name certificate, related amendment or other instrument or document of any kind necessary or desirable to accomplish the LLC's or the SPV's business, purpose and objectives or required by any applicable U.S., state, local or other law.

This power of attorney is coupled with an interest, is irrevocable, and shall survive and shall not be affected by the subsequent death, disability, incompetency, termination, bankruptcy, insolvency or dissolution of the Investor; provided, however, that this power of attorney will terminate upon the substitution of another SPV member for all of the Investor's investment in the LLC or the SPV or upon the liquidation or termination of the LLC or the SPV. The Investor hereby waives any and all defenses that may be available to contest, negate or disaffirm the actions of the LLC, the SPV, and any Administrator taken in good faith under this power of attorney.

# 9.5. Confidentiality

9.5.1. The Investor agrees that the Company Information and all financial statements (if any), tax reports (if any), portfolio valuations (if any), private placement memoranda (if any), reviews or analyses of potential or actual investments (if any), reports or other materials prepared or produced by the SPV and/or any Administrator and all other documents and information concerning the affairs of the SPV and/or the Fund's investments, including, without limitation, information about the Company, and/or the persons directly or indirectly investing in the SPV (collectively, the "Confidential Information") that the Investor may receive pursuant to or in accordance with the use of the Wefunder website, an investment in one or more SPVs, or otherwise as a result of its ownership of an Interest in the SPV, constitute proprietary and confidential information about the SPV, any Administrator, and/or any Lead Investor (the "Affected Parties").

9.5.2. The Investor acknowledges that the Affected Parties derive independent economic value from the Confidential Information not being generally known and that the Confidential Information is the subject of reasonable efforts to maintain its secrecy. The Investor further acknowledges that the Confidential Information is a trade secret, the disclosure of which is likely to cause substantial and irreparable competitive harm to the Affected Companies or their respective businesses. The Investor shall not reproduce any of the Confidential Information or portion thereof or make the contents thereof available to any third party other than a disclosure on a need-to-know basis to the Investor's legal, accounting or investment advisers, auditors and representatives (collectively, "Advisers"), except to the extent compelled to do so in accordance with applicable law (in which case the Investor shall promptly notify the SPV of the Investor's obligation to disclose any Confidential Information) or with respect to Confidential Information that otherwise becomes publicly available other than through breach of this provision by the Investor.

9.5.3. To the fullest extent permitted by law, the Investor agrees not to request disclosure or inspection of any such information after the Investor is notified (whether in response to the Investor's request for information or otherwise) that the SPV has determined not to disclose such information.

9.5.4. The Investor agrees that the LLC, the SPV, and the SPV service providers would be subject to potentially irreparable injury as a result of any breach by the Investor of the covenants and agreements set forth in this Item 9.5, and that monetary damages would not be sufficient to compensate or make whole the LLC, the SPV, and the SPV services providers for any such breach. Accordingly the Investor agrees that the LLC, the SPV, and the SPV service providers shall be entitled to equitable and injunctive relief, on an emergency, temporary, preliminary and/or permanent basis, to prevent any such breach or the continuation thereof.

9.6. Amendments. Neither this Subscription Agreement nor any term hereof may be supplemented, changed, waived, discharged or terminated except with the written consent of the Investor and the Company on behalf of the relevant SPV. For the sake of clarity, the restriction on the Company in the preceding sentence applies solely to the form of this Subscription Agreement applicable to SPVs that have had a closing, and does not prevent the Company from changing the form and content of this Subscription Agreement for use in offerings of SPVs that have not had a closing.

9.7. Assignability and Transferability. This Subscription Agreement is not transferable or assignable by the Investor without the prior written consent of the Company on behalf of the SPV, and any transfer or assignment in violation of this provision shall be null and void. The Interests in the SPV being acquired by Investor herein may only be transferred by Investor in compliance with Regulation Crowdfunding and the terms and conditions of this Agreement. If Investor seeks to transfer the Interests, Investor shall first give written notice to the Company and Wefunder Admin, LLC, including the number of Interests that Investor desires to transfer, the proposed price, the name and contact information of the proposed buyer, and any other information that the Company or Wefunder Admin, LLC may reasonably request. To the extent possible, such notice shall be provided through the Wefunder.com website. Any transfer of Interests shall be subject to execution by Investor and the proposed transferee of appropriate documentation, as may be required by the Company or Wefunder Admin, LLC, in their discretion. Investor further acknowledges that pursuant to the LLC Agreement, Wefunder Admin, LLC (as Series Manager of the SPV), may impose additional restrictions on or prohibit the Transfer of Interests for any reason or no reason, in its sole discretion.

9.8. **Repurchase.** In the event that the SPV or any Administrator determines that it is likely that within twelve (12) months the securities of the SPV or the Company will be held of record by a number of persons that would require the SPV or the Company to register a class of its equity securities under the Securities Exchange Act of 1934, as amended ('Exchange Act'), as required by Section 12(g) or 15(d) thereof, the SPV shall have the option to repurchase the Interests from each Investor to the extent necessary to avoid the requirement to register a class of its securities under the Exchange Act. Such repurchase of Interests shall be for the greater of (i) the purchase price of the Interests, or (ii) the fair market value of the Interests, as determined by an independent appraiser of securities chosen by the Administrator. Any such repurchase may only occur with the consent of Wefunder Admin, LLC, as Series Manager of the SPV.

9.9. **Governing Law.** Consent to Jurisdiction. Notwithstanding the place where this Subscription Agreement may be executed by any of the parties hereto, the parties expressly agree that all the terms and provisions hereof shall be construed under the laws of the State of Delaware. Any action or proceeding brought by the SPV or any SPV service provider against one or more investors in the SPV relating in any way to this Subscription Agreement or the LLC Agreement may, and any action or proceeding brought by any other party against the SPV or any SPV service provider relating in any way to this Subscription Agreement or the Company Information shall, be brought and enforced in the state courts of the State of Delaware located in Wilmington or (to the extent subject matter jurisdiction exists therefore) in the courts of the United States located in the District of Delaware; and the Investor and the SPV irrevocably submit to the jurisdiction of both such state and federal courts in respect of any such action or proceeding. The Investor and the SPV irrevocably waive, to the fullest extent permitted by law, any objection that they may now or hereafter have to laying the venue of any such action or proceeding in the courts of the State of Delaware located in Wilmington or in the courts of the United States located in the District of Delaware and any claim that any such action or proceeding brought in any such court has been brought in an inconvenient forum.

9.10. **Severability.** If any provision of this Subscription Agreement is invalid or unenforceable under any applicable law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to conform with such applicable law. Any provision hereof that may be held invalid or unenforceable under any applicable law shall not affect the validity or enforceability of any other provisions hereof, and to this extent the provisions hereof shall be severable.

9.11. **Headings.** The headings in this Subscription Agreement are for convenience of reference only, and shall not limit or otherwise affect the meaning hereof.

9.12. **General.** This Subscription Agreement shall be binding upon the Investor and the legal representatives, successors and assigns of the Investor, shall survive the admission of the Investor as a member of a SPV, and shall, if the Investor consists of more than one person, be the joint and several obligation of all such persons.

*[Remainder of page intentionally left blank. Signature page follows.]*

The undersigned have executed this instrument as of the date first above written.

SPV

NpCloud Solutions I, as series of Wefunder SPV, LLC
By: Wefunder Admin, LLC, its Manager

By: Founder Signature

Date:

Name: Nicholas Tommarello

Title: Chief Executive Officer

Investor

[INVESTOR NAME]

By: Investor Signature

Date:

CONTACT INFORMATION:

Name: [INVESTOR NAME]

Mailing Address:

City:

Country:

E-mail:

# TERMS APPENDIX FOR THE PURCHASE OF NpCloud
Solutions Inc. SECURITIES BY NpCloud Solutions I. A
SERIES OF WEFUNDER SPV, LLC. A DELAWARE
LIMITED LIABILITY COMPANY

**Type of Security:** Priced Round

**Terms** $1 per share and a $10M pre-money valuation

To view a copy of the contract, please see **Appendix B, Investor Contracts** of
the Form C. The latest Form C or C/A filing be found here:
https://www.sec.gov/cgi-bin/srch-edgar?text=%28FORM-
TYPE%3DC%2FA+or+FORM-
TYPE%3DC%29+and+CIK%3D0001953958&first=2016

**Attachment 6:** `document_6.pdf`

![img-0.jpeg](img-0.jpeg)

# Audit Report of NpCloud Solutions Inc.
Financial Statement

Financial Year Jan-2022 to Dec-2022

## CONTENTS

|  | Page No. |
| --- | --- |
| Independent Auditor's Report | 3-4 |
| Statement of Financial Position | 5 |
| Statement of Comprehensive Income | 6 |
| Statement of Cash Flows | 7 |
| Statement of Changes in Equity | 8 |
| Notes to the Financial Statement | 9-10 |

CPA CFO Firm (Accounting Partner)  
Taxconsultant.poojacpa@gmail.com  
301 S. Park PO Box 200513, Helena, MT 59620-0513

# Independent Auditor’s Report

## INDEPENDENT AUDITOR’S REPORT TO THE NPCLOUD SOLUTIONS INC,

We have audited the accompanying financial statements (i.e., Balance Sheet, Profit and Loss Statement and Statement of Cash Flows) of NpCloud Solutions Inc, which comprise the statement of assets and liabilities as of December 31, 2022, and the related statements of support and revenue expenses and reconciliation of retained earnings for the year then ended.

### Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance to the Generally Acceptable Accounting Principle. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

### Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit of NpCloud Solutions Inc, in accordance with the GAAP auditing standards as describe by the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

### Opinion

In our opinion, the financial statements present fairly, in all material respects, the statement of assets, liabilities and equity as of December 31, 2022, and its support and revenue, expenses and reconciliation of retained earnings for the year then ended in accordance with the generally acceptable accounting principle and financial reporting requirements.

CPA CFO Firm (Accounting Partner)
Taxconsultant.poojacpa@gmail.com
301 S. Park PO Box 200513, Helena, MT 59620-0513

## Other Reporting Requirements

In accordance to the above statement, we have also issued our report dated **Jan 12, 2023** on our consideration of NpCloud Solutions Inc, internal control over financial reporting and on our tests of its compliance with certain provisions. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with the GAAP standard, in considering NpCloud Solutions Inc, with internal control over financial reporting and compliance.

Pooja Tajwani, CPA
Certified Public Accountant
Lic# 033536

# **NPCLOUD SOLUTIONS INC**
**BALANCE SHEET**
**AS ON DECEMBER 31, 2022**

|  | FY-2022 |
| --- | --- |
|  | $ |
| MEMBER EQUITY |  |
| OWNER EQUITY | 159,510 |
| RETAINED EARNING | (166,730) |
|  | (7,220) |
| OTHER LIABILITIES |  |
| LOAN | 11,500 |
|  | 11,500 |
|  | 4,280 |
| ASSETS |  |
| NON-CURRENT ASSETS |  |
| INTANGIBLE ASSETS | 1,500 |
| FURNITURE AND FIXTURE | - |
|  | 1,500 |
| CURRENT ASSETS |  |
| OTHER CURRENT ASSETS | - |
| CASH & BANK | 2,780 |
|  | 2,780 |
|  | 4,280 |

# **NPCLOUD SOLUTIONS INC**
**STATEMENT OF PROFIT & LOSS**
**FOR THE PERIOD ENDED DECEMBER 31, 2022**

|  | FY-2022 |
| --- | --- |
|  | $ |
| SALES |  |
| Revenue | - |
| Net Sales/ Services | - |
| COST OF SALES |  |
| Cost of sales | - |
| Gross Profit / (Loss) | - |
| ADMINISTRATIVE & SELLING EXPENSES |  |
| Research and Development | 27,770.70 |
| Subscriptions and Fee | 1,249.77 |
| Employee Benefit and Taxes | 400.00 |
| Marketing and Promotion | 1,250.00 |
| Rent and Utilities | 4,560.00 |
| Salaries and Payroll | 156,000.00 |
| Legal, License Fee | 3,583.06 |
| Miscellaneous | (33,200.00) |
| Professional Services | 2,000.00 |
| Total Administrative and Selling Expenses | 163,613.53 |
| Net Profit / (Loss) | (163,613.53) |

# **NPCLOUD SOLUTIONS INC**
**CASH FLOW STATEMENT**
**FOR THE PERIOD ENDED DECEMBER 31, 2022**

|  | DEC-22 |
| --- | --- |
|  | $ |
| CASH FLOW FROM OPERATING ACTIVITIES |  |
| Profit/(Loss) before taxation | (163,614) |
| Adjustments of items not involving movements of cash: |  |
| Depreciation | - |
|  | - |
| Operating profit before working capital changes | (163,614) |
| Changes in Working Capital |  |
| (Increase)/decrease in operating assets: |  |
| Loan and advances | - |
| Increase/(decrease) in operating liabilities: |  |
| Trade and other payables | 11,500 |
|  | 11,500 |
| Cash generated from / (used in) operations | (152,114) |
| Net Cash Flow from / (used in) Operating Activities | (152,114) |
| CASH FLOW FROM INVESTING ACTIVITIES |  |
| Purchase of Intangible Assets | - |
| Net Cash Flow (used in) Investing Activities | - |
| CASH FLOW FROM FINANCING ACTIVITIES |  |
| Credit Line/Equity | 126,310 |
| Net Cash Flow from Financing Activities | 126,310 |
| Net Increase/(Decrease) in Cash and Cash Equivalents | (25,804) |
| Cash and Cash Equivalents at the Beginning of the Year | 28,584 |
| Cash and Cash Equivalents at the End of the Year | 2,780 |

The annexed notes form an integral part of these financial statements.

NPCLOUD SOLUTIONS INC

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED DECEMBER 31, 2022 AND 2021

|  | COMMON STOCK |  | PREFERRED STOCK |  | PAID UP CAPITAL | RETAINED EARNING/DEFICIT | TOTAL EQUITY |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | Number | Amount | Number | Amount |  |  |  |
|  |  |  |  | --- | $ --- |  |  |
| Beginning Balances January 01, 2021 | - |  | - |  | - | - | - |
| Shareholder Contributions | - |  | - |  | 33,200 | - | 33,200 |
| Net Profit/Loss for the Year | - |  | - |  | - | (3,116) | (3,116) |
| Balance as on December 31, 2021 | - | - | - | - | $33,200 | $(3,116) | $30,084 |
| Beginning Balances January 01, 2022 | - | - | - | - | 33,200 | (3,116) | 30,084 |
| Common Stock | 10,000,000 | 1,000 | - | - | - | - | 1,000 |
| Shareholder Contributions | - | - | - | - | 125,310 | - | 125,310 |
| Net Profit/Loss for the Year | - | - | - | - | - | (163,614) | (163,614) |
| Balance as on December 31, 2022 | 10,000,000 | $1,000 | - | - | $158,510 | $(166,730) | $(7,220) |

CPA CFO Firm (Accounting Partner)  
Taxconsultant.poojacpa@gmail.com  
301 S. Park PO Box 200513, Helena, MT 59620-0513

# NpCloud Solutions Inc, (The Company)

### For the Year Ended December 31, 2022

### NOTE I - ORGANIZATION

NpCloud Solutions offers a cloud-based electronic health record (EHR) to streamline workflows and reduce costs for mental health professionals, allowing them to deliver better patient care. Their vision is to provide cost saving solutions to mental health and primary care professionals. It was founded on November 2021 by Denis Rono with support of other Psychiatric Nurse Practitioners.

**Regulation Crowdfunding** - NpCloud Solutions Inc., a Delaware corporation (the 'Company'), is conducting an offering (the 'Offering') under Section 4(a)(6) of the Securities Act of 1933, as amended (the 'Securities Act') and Regulation Crowdfunding promulgated thereunder. This Offering is made pursuant to the Form C of the Company that has been filed by the Company with the Securities and Exchange Commission and is being made available on the Wefunder crowdfunding portal's (the 'Portal') website, as the same may be amended from time to time (the 'Form C') and the Offering Statement, which is included therein (the 'Offering Statement'). The Company is offering to both accredited and non-accredited investors up to 500,000 shares of its Series Seed-1 Preferred Stock, $0.00001 par value per Share (the 'Series Seed-1 Preferred Stock') at a purchase price of $0.50 per Share (the 'Series Seed-1 Purchase Price') to investors investing up to the first $250,000 of the Offering, and up to 750,000 shares of its Series Seed-2 Preferred Stock, $0.00001 par value per Share (the 'Series Seed-2 Preferred Stock' and, together with the Series Seed-1 Preferred Stock, the 'Shares' or 'Securities') at a purchase price of $1.000 per Share (the 'Series Seed-2 Purchase Price') to investors investing any amounts over the first $250,000 of the Offering. In this Agreement, the 'Applicable Purchase Price' shall mean the Series Seed-1 Purchase Price with respect to the Series Seed-1 Preferred Stock or the Series Seed-2 Purchase Price with respect to the Series Seed-2 Preferred Stock. The minimum amount or target amount to be raised in the Offering is $150,000 (the 'Target Offering Amount') and the maximum amount to be raised in the Offering is $1,000,000 (the 'Maximum Offering Amount'). If the Offering is oversubscribed beyond the Target Offering Amount, the Company will sell Shares on a basis to be determined by the Company's management. The Company is offering the Shares to prospective investors through the Portal. The Portal is registered with the Securities and Exchange Commission (the 'SEC') as a funding portal and is a funding portal member of the Financial Industry Regulatory Authority. The Company will pay the Portal a commission equal to 7.5% of gross monies raised in the Offering.

### NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

**Basis of Accounting** - The Company prepared the accompanying financial statements in conformity with cash basis accounting. The financial statements include the operations, assets, and liabilities of the Company. In the opinion of the Company's management, the accompanying financial statements contain all adjustments, necessary to fairly present the accompanying financial statements.

CPA CFO Firm (Accounting Partner)  
Taxconsultant.poojacpa@gmail.com  
301 S. Park PO Box 200513, Helena, MT 59620-0513

**Use of Estimates** - Management use estimates and assumptions in preparing financial statements. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the period in which they are determined to be necessary. Actual results could differ from these estimates.

**Cash and Cash Equivalents** - Cash consist of cash in hand or deposit with the bank. The Company had no investments as of December 31, 2022.

**Restricted Cash** - The Company did not have any restricted cash balances, deposits held as compensating balances or cash segregated in compliance with federal or other regulations as of December 31, 2022.

**Income Taxes** - For U.S. federal income tax purposes, taxes related to income earned by the Academy represent obligations of the individual partners and members and have not been reflected in the statement of financial condition.

**Attachment 7:** `document_7.pdf`

![img-0.jpeg](img-0.jpeg)

# Audit Report of NpCloud Solutions.
Financial Statements

Financial Year Jan 2021-Dec 2021

Prepared Generally Accepted Accounting Principle (GAAP)

## CONTENTS

|  | Page No. |
| --- | --- |
| Independent Auditor's Report | 3 to 4 |
| Statement of Financial Position | 5 |
| Statement of Comprehensive Income | 6 |
| Statement of Cash Flows | 7 |

CPA CFO Firm (Accounting Partner)  
301 S. Park PO Box 200513, Helena, MT 59620-0513

# Independent Auditor’s Report

## INDEPENDENT AUDITOR’S REPORT

To The NpCloud Solutions,

We have audited the accompanying financial statements (i.e., Balance Sheet, Profit and Loss Statement and Statement of Cash Flows) of NpCloud Solutions, which comprise the statement of assets and liabilities as of December 31, 2021, and the related statements of support and revenue expenses and reconciliation of retained earnings for the year then ended.

### Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance to the Generally Acceptable Accounting Principle. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

### Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit of NpCloud Solutions, in accordance with the GAAP auditing standards as describe by the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

### Opinion

In our opinion, the financial statements present fairly, in all material respects, the statement of assets, liabilities and equity as of December 31, 2021, and its support and revenue, expenses and reconciliation of retained earnings for the year then ended in accordance with the generally acceptable accounting principle and financial reporting requirements.

CPA CFO Firm (Accounting Partner)
301 S. Park PO Box 200513, Helena, MT 59620-0513

### Other Reporting Requirements

In accordance to the above statement, we have also issued our report dated *May 25, 2022* on our consideration of NpCloud Solutions, internal control over financial reporting and on our tests of its compliance with certain provisions. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with the GAAP standard, in considering NpCloud Solutions, with internal control over financial reporting and compliance.

Prashant Mehta, CPA
Certified Public Accountant
PAC-CPA-LIC-33359

# NP CLOUD SOLUTION
BALANCE SHEET
AS ON DECEMBER 31, 2021

|  | FY-2021 |
| --- | --- |
|  | $ |
| MEMBER EQUITY |  |
| OWNER EQUITY | 33,200 |
| RETAINED EARNING | (3,116) |
|  | 30,084 |
| OTHER LIABILITIES |  |
| BANK LOAN | - |
|  | - |
| CURRENT LIABILITIES |  |
| ACCOUNT PAYABLE | - |
| PAYROLL LIABILITIES | - |
|  | - |
|  | 30,084 |
| ASSETS |  |
| NON-CURRENT ASSETS |  |
| INTANGIBLE ASSETS | 1,500 |
| FURNITURE AND FIXTURE | - |
|  | 1,500 |
| CURRENT ASSETS |  |
| OTHER CURRENT ASSETS | - |
| CASH & BANK | 28,584 |
|  | 28,584 |
|  | 30,084 |

# NP CLOUD SOLUTION
STATEMENT OF PROFIT & LOSS
FOR THE PERIOD ENDED DECEMBER 31, 2021

|  | FY-2021 |
| --- | --- |
|  | $ |
| SALES |  |
| Revenue | - |
| Net Sales/ Services | - |
| COST OF SALES |  |
| Cost of sales | - |
| Gross Profit / (Loss) | - |
| ADMINISTRATIVE & SELLING EXPENSES |  |
| Legal Fee | 384.00 |
| Taxes | 400.00 |
| Website Hosting | 432.00 |
| Software Subscriptions | 900.00 |
| Miscellaneous | 1,000.00 |
| Interest Expenses | - |
| Total Administrative and Selling Expenses | 3,116.00 |
| Net Profit / (Loss) | (3,116.00) |

# **NP CLOUD SOLUTION**
**CASH FLOW STATEMENT**
**FOR THE PERIOD ENDED DECEMBER 31, 2021**

|  | FY-2021 |
| --- | --- |
|  | $ |
| CASH FLOW FROM OPERATING ACTIVITIES |  |
| Profit/(Loss) before taxation | (3,116) |
| Adjustments of items not involving movements of cash: |  |
| Depreciation | - |
| Bank charges | - |
|  | - |
| Operating profit before working capital changes | (3,116) |
| Changes in Working Capital |  |
| (Increase)/decrease in operating assets: |  |
| Loan and advances | - |
| Increase/(decrease) in operating liabilities: |  |
| Trade and other payables | - |
|  | - |
| Cash generated from / (used in) operations | (3,116) |
| Net Cash Flow from / (used in) Operating Activities | (3,116) |
| CASH FLOW FROM INVESTING ACTIVITIES |  |
| Purchase of Intangible Assets | (1,500) |
| Net Cash Flow (used in) Investing Activities | (1,500) |
| CASH FLOW FROM FINANCING ACTIVITIES |  |
| Credit Line | - |
| Net Cash Flow from Financing Activities | - |
| Net Increase/(Decrease) in Cash and Cash Equivalents | (4,616) |
| Cash and Cash Equivalents at the Beginning of the Month | 33,200 |
| Cash and Cash Equivalents at the End of the Month | 28,584 |

The annexed notes form an integral part of these financial statements.

CPA CFO Firm (Accounting Partner)  
301 S. Park PO Box 200513, Helena, MT 59620-0513

# NpCloud Solutions, (The Company)

## Notes to the Financial Statements

### NOTE 1 - ORGANIZATION

NpCloud Solutions offers a cloud-based electronic health record (EHR) to streamline workflows and reduce costs for mental health professionals, allowing them to deliver better patient care. Our vision is to provide cost saving solutions to mental health professionals. It was founded on November 2021 by Denis Rono with support of other Psychiatric Nurse Practitioners.

### NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

***Basis of Accounting*** - The Company prepared the accompanying financial statements in conformity with cash basis accounting. The financial statements include the operations, assets, and liabilities of the Company. In the opinion of the Company's management, the accompanying financial statements contain all adjustments, necessary to fairly present the accompanying financial statements.

***Use of Estimates*** - Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the period in which they are determined to be necessary.

***Cash and Cash Equivalents*** - Cash consist of cash in hand or deposit with the bank. The Company had no investments as of December 31, 2021.

***Restricted Cash*** - The Company did not have any restricted cash balances, deposits held as compensating balances or cash segregated in compliance with federal or other regulations as of December 31, 2021.

***Income Taxes*** - For U.S. federal income tax purposes, taxes related to income earned by the Academy represent obligations of the individual partners and members and have not been reflected in the statement of financial condition.

**Attachment 8:** `document_8.pdf`

Contact

www.linkedin.com/in/bradley-kuo-4a230646 (LinkedIn)

Top Skills

Nursing
Administration
System Administration

Honors-Awards

2021 AANP State Award for Excellence

Hawaii Association of Professional Nurses Leadership Award 2020

Outstanding Advance Practice Registered Nurse of the Year 2020 for The Queen's Health System

Publications

A Multidisciplinary Consultation Liaison Team Approach to Reduce Enhanced Observer Usage

# Bradley Kuo

President, CEO, and Provider
Honolulu, Hawaii, United States

## Summary

Experienced Psychiatric Mental Health Nurse Practitioner and Family Nurse Practitioner with a demonstrated history of working in the mental health care industry as a provider and nurse leader. Wellness Partners Hawaii, Inc. is a group telehealth clinic supporting the mental health needs across Hawaii and is interested in independent contracts with entities looking for mental health support in businesses, schools, etc. Skilled in Nonprofit Organizations, Administration, Fundraising, Management, and Leadership. Strong healthcare services professional with a Masters of Education in Counseling with an emphasis in Student Affairs from NAU, Masters of Science in Nursing from UH Manoa, Post Graduate certificate from Johns Hopkins University, and Doctor of Nursing Practice from Frontier Nursing University with an emphasis in rural health.

## Experience

Wellness Partners Hawaii, Inc.
Independent Business Owner
January 2018 - Present (5 years 2 months)
Hawaiian Islands

www.wellnesspartnershawaii.com

Wellness Partners Hawaii Inc. is a locally owned, online tele mental health clinic. We strive to increase mental health awareness and accessibility across all Hawaiian islands via the use of technology.

Through therapy, medication management and genetic testing, we will work together to assess your goals, consider the best approaches to meet them, and continue to find ways to improve yourself, relationships, work, and overall life. Together, we will collaborate to develop an individualized plan facilitating stability and further growth and development.

Wellness Partners Arizona, LLC

Page 1 of 5

Independent Business Owner
September 2021 - Present (1 year 6 months)
Scottsdale, Arizona, United States

Artistry Wellness Hawaii, Inc
Medical Director
August 2019 - Present (3 years 7 months)
Honolulu, Hawaii, United States

Bradley Kuo, LLC
Independent Business Owner
November 2014 - Present (8 years 4 months)
Honolulu, Hawaii
Psychiatric mental health service provider. Aesthetics

University of Hawaii at Manoa
Lecturer
January 2022 - Present (1 year 2 months)
Honolulu, Hawaii, United States

The Queen's Medical Center
7 years 8 months

PMHNP Fellowship Coordinator
April 2022 - Present (11 months)
Honolulu, Hawaii, United States

Senior Behavioral Health Advanced Practice Registered Nurse
May 2020 - April 2022 (2 years)

Psychiatric Mental Health Nurse Practitioner
July 2015 - May 2020 (4 years 11 months)
1301 Punchbowl St. Honolulu, HI

Islands Hospice
Nurse Practitioner
September 2014 - July 2019 (4 years 11 months)
Honolulu, Hawaii

Hawaii Behavioral Health
Nurse Practitioner
August 2014 - May 2018 (3 years 10 months)
Honolulu, Hawaii

Page 2 of 5

Mind and Body Works

Psychiatric Mental Health Nurse Practitioner

October 2016 - July 2017 (10 months)

Honolulu Police Department - Human Services Unit

Nurse Practitioner

November 2014 - October 2016 (2 years)

Harpstrite Pediatrics

Family Nurse Practitioner

June 2014 - August 2015 (1 year 3 months)

kailua, hawaii

Hospice Hawaii

1 year 2 months

Nurse Practitioner

March 2014 - May 2014 (3 months)

Education Coordinator

September 2013 - March 2014 (7 months)

RN Case Manager

April 2013 - September 2013 (6 months)

aloha nursing and rehab centre

Staff RN

July 2012 - April 2013 (10 months)

Altres Medical Staffing

Clinical Nurse Aide

January 2012 - April 2013 (1 year 4 months)

I work for various hospitals who are in need of augmented staffing.

Breast and Cervical Cancer Control

Program Coordinator

March 2011 - April 2013 (2 years 2 months)

I seek out women between the ages of 40 and 64 who do not have medical insurance or are underinsured who meet specific income requirements and are United States citizens, permanent residents, or from a COFA member country. These women receive cervical and breast cancer screening on an annual basis.

Page 3 of 5

Manage clinical operations including patient outreach, appointment scheduling via Epic, case management, and office management

Develop marketing strategies and material to promote the program including providing presentations to interested groups

Work with the Hawaii Department of Health to identify people in need of the services provide through the program

Successfully acquired a $26,000 Avon Foundation grant to educate women on breast health and encourage them to receive yearly screenings

Tripler Army Medical Center

American Red Cross Volunteer

February 2012 - June 2012 (5 months)

I volunteer in the Adult ICU.

Hale Aloha First-Year Student

Residence Life Coordinator

May 2007 - July 2010 (3 years 3 months)

UC Berkeley

1 year 11 months

Resident Director

July 2005 - May 2007 (1 year 11 months)

Resident Director

May 2006 - August 2006 (4 months)

Train, supervise, and evaluate two ACUHO-I Summer Interns

Train, supervise, and evaluate 16 resident assistants, two community coordinators, and two clerks

Cal Poly Pomona

Residence Life Coordinator

August 2004 - July 2005 (1 year)

Northern Arizona University

1 year 10 months

Intern

January 2004 - May 2004 (5 months)

Graduate Residence Hall Director Taylor Hall

May 2003 - May 2004 (1 year 1 month)

Page 4 of 5

### Counseling Practicum

September 2003 - December 2003 (4 months)

Completed 32 individual counseling hours with college students implementing the Egan counseling model

Facilitated group counseling with Catholic Social Services drug and alcohol program and Strong Families Flagstaff couples skills workshop

Participated in 60 hours of classroom experience, direct supervision, and case study preparation and presentation

### Graduate Residence Hall Director Peterson Hall

August 2002 - May 2003 (10 months)

## Education

### Frontier Nursing University

Doctor of Nursing Practice, Nursing Practice · (2019 - 2019)

### Johns Hopkins School of Nursing

Psychiatric Mental Health Post Masters Certificate, Psychiatric Mental Health Nurse Practitioner · (2015 - 2016)

### University of Hawaii at Manoa

Bachelor of Science (BS), Registered Nursing/Registered Nurse · (2010 - 2014)

### University of Hawaii at Manoa

Masters of Nursing, Family Nurse Practitioner/Advanced Public Health Nurse · (2010 - 2013)

### Northern Arizona University

Masters of Education in Counseling with an emphasis in Student Affairs, Counseling · (2002 - 2004)

Page 5 of 5

**Attachment 9:** `document_9.pdf`

Contact

www.linkedin.com/in/denisrono
(LinkedIn)

# Denis Rono

"The best way to predict the future is to create it." P. Drucker & A. Lincoln

Mooresville, North Carolina, United States

## Experience

PayRink Inc.

Founder/CEO

June 2021 - Present (1 year 9 months)

PayRink is a Payments company. Can be used for payments for goods and services in retail and e-commerce. PayRink offers the lowest transaction fees in the market, at 0.3% per transaction compared to the current rates of 1.5%-3.5%. It allows for payments between consumer to business, business to business, and business to consumer. Learn more at https://payrink.com/

NpCloud Solutions Inc.

Chief Executive Officer

November 2021 - Present (1 year 4 months)

Mooresville, North Carolina, United States

NpCloud Solutions Inc. is a healthcare technology company. Currently in the late stages of developing Electronic Health Record(EHR) Software.

Psychiatry Lines

Psychiatric Nurse Practitioner

May 2020 - July 2022 (2 years 3 months)

Mooresville, North Carolina, United States

Corizon Health, Centurion

Psychiatric Nurse Practitioner

July 2020 - December 2020 (6 months)

United States

Omni Community Health

Psychiatric Nurse Practitioner

November 2019 - July 2020 (9 months)

Johnson City, Tennessee Area

UHS

Psychiatric Registered Nurse

July 2015 - November 2019 (4 years 5 months)

Page 1 of 2

US Army

Healthcare Specialist( Medic)

December 2009 - October 2014 (4 years 11 months)

Fort Bragg NC

## Education

Vanderbilt University

Master of Science Nursing, Psychiatric/Mental Health Nurse/
Nursing · (2018 - 2019)

University of North Carolina at Pembroke

Bachelor of science Nursing · (2012 - 2015)

Campbell University

Bachelor of Applied Science - BASc · (2010 - 2011)

Page 2 of 2

**Attachment 10:** `document_10.pdf`

Contact

www.linkedin.com/in/jennie-stormes-77bb0018 (LinkedIn)

# Jennie Stormes

PMHNP-BC, Owner/PLLC Manager at MasterMind Clinic, PLLC
Colorado Springs, Colorado, United States

## Experience

MasterMind Clinic, PLLC
PMHNP-BC, Owner/PLLC Manager
August 2020 - Present (2 years 7 months)
Colorado Springs, Colorado, United States

Raising Inspirations, Inc.
Owner, President
March 2018 - Present (5 years)
80922

Managing Medicaid Waiver services and supports for intellectually disabled children and adults in Colorado through select CCBs.

Private Duty Nursing
MSN, RN
November 2014 - Present (8 years 4 months)
Colorado

Mentally STRONG
PMHNP-BC/CEO
December 2019 - August 2020 (9 months)
Colorado Springs, Colorado, United States
Board Certified Psychiatric Nurse Practitioner and CEO

Child Care Health Consultant of NY
Child Care Health Consultant Nurse
August 2019 - August 2020 (1 year 1 month)
Colorado

Nurse consultant for licensed child care centers in Colorado

Academy for Notaries
Owner
January 2000 - November 2014 (14 years 11 months)

Loving Care Agency, Inc
Pediatric Nurse Supervisor

Page 1 of 2

May 2011 - June 2014 (3 years 2 months)

East Rutherford, NJ

Pediatric RN supervisor of nursing services for medically needy, disabled children remaining in home, school, and community.

## Education

Regis College

PMHNP Post Graduate Certificate, Psychiatric/Mental Health Nurse/
Nursing · (2018 - 2020)

Aspen University

Master's degree, Nursing Education · (2015 - 2017)

Aspen University

Bachelor's degree, Nursing Science · (2011 - 2015)

Warren County Community College

Associate of Science - AS, Registered Nursing/Registered
Nurse · (2009 - 2011)

Page 2 of 2

**Attachment 11:** `document_11.pdf`

Contact

www.linkedin.com/in/marie-crawford-9ba254140 (LinkedIn)

# Marie Crawford

Clinical Psychologist at Dr. Marie Crawford, Ph.D., PLLC
Bristol, Tennessee, United States

## Experience

Dr. Marie Crawford, Ph.D., PLLC
Clinical Psychologist
December 2008 - Present (14 years 3 months)
East Tennessee

I have been in private practice for over 25 years, providing mental health services to individuals and families presenting with anxiety, depression, relationship issues, PTSD, ADHD, behavioral problems and eating disorders. I work with all ages and ethnic groups, although I speak only English. I also utilize personality assessments when necessary, to further my clinical understanding of the people I work with which enables me to deliver the highest quality of care. I have developed a positive program for parents and children 10 and under who have ADHD related behavioral issues. Check out Chill Time Solutions for more information.

Page 1 of 1

**Attachment 12:** `document_12.pdf`

Contact

www.linkedin.com/in/
norrinemcnelley (LinkedIn)

Top Skills

Hospitals

BLS

EMR

Languages

English (Native or Bilingual)

Swahili (Native or Bilingual)

# Norrine McNelley

Co-founder-Merchant Service Provider at Capstone Payment Solutions. Owner/Founder-Advanced Psych Care Plc
Greater Boston

## Summary

I have been in Psychiatric field for 9 years with experience working in a teaching hospital in Boston, Behavioral Health managed care company and in acute psychiatric units that treat Mental illness and Substance Use Disorders. I am a Psychiatric Nurse Practitioner (PMHNP-BC) who is Board Certified to treat Psychiatric/Mental illnesses and Substance Use Disorders in both New Hampshire and Massachusetts. After graduating from Rivier University, I received training and Certification for Medication Assisted Treatment (MAT) and authority to prescribe and manage patients on Naltrexone/Buprenorphine products. I am dedicated to providing professional and therapeutic care with dignity and compassion to patients and their loved ones.

## Experience

Capstone Payment Solutions
Co-owner-Merchant Account Provider
January 2021 - Present (2 years 2 months)
United States

https://capstonepaymentsolutions.com/

ADVANCED PSYCH CARE, PLLC - Owner
Psychiatric Mental Health Nurse Practitioner
October 2018 - Present (4 years 5 months)
Salem, New Hampshire

Norton Health Care -OpiateCare
PMHNP -Substance Use Disorder (suboxone) clinic
September 2018 - September 2021 (3 years 1 month)

Nashoba Valley Medical Center
PMHNP Intern, Nashoba Valley Medical Center (Currently)-Geriatric Medical-Psychiatric Unit (Age 60+)

Page 1 of 6

January 2018 - April 2018 (4 months)

Nashoba Valley Medical Center

# Meet with assigned case load in inpatient setting and build a treatment plan that includes medication management and holistic approach.

# Assess Geriatric patients' needs within specialty area by obtaining history, paying close attention to different types of dementias, behavioral disturbance, cognitive, mental illnesses, substance use disorders, etc.

# Diagnose clients that have psychiatric illnesses and initiate treatment as appropriate.

# Provide coordinated patient treatment by communicating the care plan and all pertinent information to other members of the health care team.

# Order and interpret diagnostic and therapeutic tests/labs relative to patient's specific needs.

# Maintain quality of care by integrating risk management, quality management, utilization management, and infection control management principles within the care plan.

# Conduct comprehensive psychiatric assessments, demonstrating high level autonomy in the diagnosis and treatment of complex responses of individuals requiring inpatient psychiatric care and treatment of co-occurring substance abuse issues.

# Consult with supervising preceptor and psychiatrist to review patient clinical course and response to treatment.

Whittier Pavillion Psychiatric Hospital

Psychiatric Registered Nurse

December 2012 - 2018 (6 years)

Haverhill, MA

- Leverage expertise in administering medications to patients with dual diagnoses, addictions, schizophrenia, psychosis, and other acute / chronic psychiatric conditions.
- Delivering psychiatric nursing care and support to a diverse patient base.
- Continually ensure highest levels of patient safety by coordinating with multidisciplinary teams comprised of physicians, psychologists, case managers, social workers, nurses, and physical, occupational, and recreational therapists.

Bridgewell Counselling

Page 2 of 6

Psychiatric Nurse Practitioner Intern, Bridgewell Counselling (Sept 2017 - Dec 2017)

September 2017 - December 2017 (4 months)

Lowell, MA

# Provide direct psychiatric services including comprehensive evaluation, treatment planning and delivery to patients in an outpatient setting.

# Provide MAT to a case load of patients with Substance Use Disorder.

MAT included induction, administration, prescription and maintenance of Suboxone. Administering Vivitrol and maintaining patients on other anticraving medications all while coordinating with therapists and other multi-disciplinary team.

# Provide care to patients on Clozaril, adjusting doses as required and monitoring ANC levels.

# Provide care to pediatric patients ages 6-18 in an outpatient setting.

# Provide care that includes evaluation, crisis stabilization, and treatment for patients with mental illness, dual diagnosis, and/or addictions.

# Consult with supervising preceptor and psychiatrist to review patient clinical course and response to treatment.

Andover Psychological Associates

PMHNP Intern, Andover Psychological associates (Sept 2017 - Dec 2017).

September 2017 - December 2017 (4 months)

Andover, MA

# Provide direct psychiatric services including comprehensive evaluation, treatment planning and delivery to patients in an outpatient setting.

# Provide care to patients ages 16-99 in an outpatient setting.

# Conduct comprehensive psychiatric assessments, demonstrating a high level of autonomy and skill in the diagnosis and treatment of different diagnoses in an outpatient setting.

# Consult with supervising preceptor and psychiatrist to review patient clinical course and response to treatment.

Beacon Health Options

RN REVIEWER CLINICIAN

December 2015 - July 2017 (1 year 8 months)

Woburn, MA

Leverage years of experience in nursing to deliver subject matter expertise for developing specialized psychotropic intervention program.

Page 3 of 6

Monitor prescription habits in a pharmacy program that has a nationwide clientele, to identify polypharmacy of psychotropic medications, intervene in written form and telephonically.

Collaborated with Pharmacist and Psychiatrists in reviewing cases.

Provide clinical medication review to meet drug safety regulatory compliance goals in medication safety and adherence.

Shared responsibility for analyzing, compiling, assessing, reporting on patient usage and treatment considerations in support of the Psychotropic Drug Intervention Program.

Partner with IT teams in product development, develop and launch new data tracking and management algorithms in pharmaceutical programs.

Support accuracy and efficiency in reporting results by assisting analytical team in compiling data metrics and statistics for medical accessibility and patient usage

Contribute to streamlined processes by assisting leadership teams to develop and implement standard operating procedures.

Collaborate with case management and quality control departments to develop strategic ways to provide patient-centered care and improve the company's services.

# Whittier Pavilion Psychiatric Hospital

PMHNP Intern, Whittier Pavilion Psychiatric Hospital (January 2017 - April 2017)

January 2017 - April 2017 (4 months)

Haverhill

# Conduct comprehensive psychiatric assessments, demonstrating autonomy in the diagnosis and treatment of complex responses of individuals requiring inpatient psychiatric care and treatment of co-occurring substance abuse issues.

# Provide care to patients ages 19-99+ in an inpatient setting.

# Consult with supervising preceptor and psychiatrist to review patient clinical course and response to treatment.

# West Side House-Long term Psychiatric facility

ASSISTANT DIRECTOR OF NURSING

August 2015 - December 2015 (5 months)

Worcester, MA

Tasked with comprehensive program oversight for 91-bed facility serving large population of veterans admitted to psychiatric facility and managing a team of nurses and support staff members.

Page 4 of 6

• In support of Director, supervised full-scope nursing care operations to meet government requirements, industry standards, and regulatory compliance goals for caring for patients experiencing a range of medical and psychiatric disorders / diagnoses. Created, implemented, enforced, and oversaw SOPs to meet case management and care plan goals for residents/patients. Contributed to budget development, financial planning, and fiscal reporting.
• Planned and launched patient advocacy programs to ensure attainment of comprehensive care goals as aligned with treatment plans.
• Supported policy development and launch to attain goals for high levels of patient safety and satisfaction with care.

# Steward Health Care

# Medical-Psychiatric RN

September 2014 - August 2015 (1 year)

Boston, MA

# • Across multiple nursing care roles, supported patient care, treatment, and recovery while collaborating with physicians and hospital administrative staff to meet regulatory compliance goals.

• Serve as key patient advocate delivering customized nursing care to individuals being treated for range of psychiatric and medical disorders and illnesses. Administer treatments to align with attending/prescribing physician orders and patient diagnosis. Handle vital signs assessment and reporting; track and report on patient progress, response to treatment, and adverse reactions. Manage admissions, intakes, and facilitate discharges.
• Tasked with managing specific care plans that meet individual patient needs while jointly handling case management processes.
• Effectively optimize patient care and family education through clear and compassionate communications.

# Education

# Chamberlain College of Nursing

BSN, Nursing · (2013 - 2013)

# Rivier University

Masters in Nursing (PMHNP), Psychiatric Mental Health Nurse

Practitioner · (2018)

# Middlesex Community College

Page 5 of 6

Registered Nursing · (2012 - 2013)

Greater Lowell Technical School

LPN · (2011 - 2012)

Page 6 of 6

**Attachment 13:** `document_13.pdf`

Contact

www.linkedin.com/in/robert-glenn-095aa52b (LinkedIn)

Top Skills

Inpatient Care

Correctional Medicine

Addiction Recovery

# Robert Glenn

Psychiatrist at Regroup | Telehealth & Telepsychiatry
Johns Island, South Carolina, United States

## Summary

Specialties: Psychiatry

## Experience

Glenn and Grawert Physician Collaboration Services
Collaborating Psychiatrist
May 2022 - Present (10 months)
Charleston, South Carolina, United States

Forefront Telecare
Medical Director
June 2020 - Present (2 years 9 months)
Dixon, Illinois, United States

Array Behavioral Care
Psychiatrist
September 2018 - Present (4 years 6 months)
Charleston, South Carolina

Crossroads Treatment Centers
Medical Director
March 2016 - Present (7 years)
North Charleston, South Carolina

Liberty Healthcare Corporation
Telepsychiatrist
May 2014 - September 2018 (4 years 5 months)

UHS
On-Staff Psychiatrist
July 2012 - May 2015 (2 years 11 months)

Compass Health Systems
Psychiatrist

Page 1 of 2

October 2012 - April 2014 (1 year 7 months)

Medical University of South Carolina

Resident Physician

June 2009 - June 2013 (4 years 1 month)

Charleston, SC

Georgia Department of Behavioral Health & Developmental Disabilities

Admissions Psychiatrist

December 2010 - September 2012 (1 year 10 months)

Georgia Regional Hospital- Savannah, GA

## Education

Medical University of South Carolina College of Medicine

MD, Medicine · (2005 - 2009)

College of Charleston

BS, Psychology, Biology · (2001 - 2005)

Page 2 of 2

**Attachment 14:** `document_14.pdf`

## **NpCloud Solutions Inc. Communications**

### **Communications regarding Equity funding**

9/26/2022 Facebook Post to an internal group of psychiatric nurse practitioners

9/26/22 Update: EHR Development is going on well. The developers currently working on E-prescribe/EPCS and Lab integrations. They also recently finished adding a Scheduler that is integrated with a Video conferencing system included with the EHR. Dec 2022-Jan 2023 projected live date. Most of you have reached out to me on how to invest, I will be sending more details within the next 2 weeks. We plan on raising more funds via Equity at $1/share. We need more funds to help expedite the development process and make Key hires. Thank you all for your support.

### **Regarding Investing in Convertible stock ↓ ↓**

7/8/2022 Facebook Post to an internal group of psychiatric nurse practitioners

Hello Team! here is an update on what you benefit by Investing in our company as a provider:

**Invest $1000**-Get 1 year free then $12/Provider after that. Silver Investor Status Designation with an official certificate celebrating you as one of the first investors in NpCloud Solutions.

**Invest $2000**-Get 2 yrs. free. Then $12 per provider. Gold Investor Status Certificate Signed by our founders Celebrating you as One of the First Investors in NpCloud Solutions.

**Invest $5000**-Get the first 4 years free, then $12 per provider after that. Hand-written thank you note. Platinum Investor Status Certificate Signed by our founders celebrating you as one of the first investors in Np Cloud Solutions.

**Invest $10000**-Get the first 8 years free, then $12 per provider after that. Hand-written thank you note. Diamond Investor Status Certificate signed by our founders celebrating you as one of the first investors in NpCloud Solutions.

If you are ready to invest, follow the link below. If you have any questions let me know.

https://wefunder.com/npcloudsolutions

7/13/2022 Facebook Post to an internal group of psychiatric nurse practitioners

Just sending a weekly update. We are in process of integrating E-Prescribe/EPCS and Lab/Imaging network. We are also in process of adding the ability to pull patient medical records from over 220M+ Patients 750K+ Clinicians 120K+Caresites.

We need more funding to help us expedite this process and develop a competitive product. We are short **$43800** to reach our initial goal of $50k. We would love to see more members invest. If you have any questions let me know.

https://wefunder.com/npcloudsolutions

7/1/2022 Facebook Post to an internal group of psychiatric nurse practitioners

Hello Team! The development is progressing on well. We are still in need for more funding. Looking for 50 serious investors who can invest at least $1000 each. Raising an additional $50k will enable us to have a complete product by Dec 2022. We will hold daily meetings next week at 7pm EST to answer any questions or concerns. Happy holiday weekend!

5/31/2022 Facebook Post to an internal group of psychiatric nurse practitioners

Hello Team! We need your support in getting to our funding goals. Our initial goal on Wefunder is $50,000. If we do not meet this initial goal the funding drive is considered a failure and we do not get any funds. Calling on all of you to help us get to this goal.

5/25/2022 Facebook Post to an internal group of psychiatric nurse practitioners

Hello Team! A lot of you have asked me how to invest in the EHR project. You can now do so via the Wefunder platform. We are seeking to raise 500k. We can do this as a team if everyone pitches in. We have already begun production. Let me know if you have any questions.

https://wefunder.com/npcloudsolutions

5/26/2022 Facebook Post to an internal group of psychiatric nurse practitioners

We had a great first day raising funds. Here is the link for those who are ready https://wefunder.com/npcloudsolutions

If you have any questions let me know.

## Can you vouch for John Doe?

John has applied to raise funding for Company Name on Wefunder and provided your name as a personal reference.

Quote goes here

Wefunder has raised hundreds of millions for startups that later went on to raise over $5 billion in follow-on funding from venture capitalists.

Can you vouch for John?

VOUCH FOR JOHN

LEARN MORE

### About Wefunder

We help anyone invest as little as $100 in the startups they believe in. We're also a Public Benefit Corporation with a mission to keep the American dream alive. We aim to help 20,000 founders get off the ground by 2029.

Unsubscribe | About | Education

Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Reg Crowdfunding offerings are made. Wefunder, Inc. operates sections of wefunder.com where some Reg A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.

Company Name is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** NpCloud Solutions Inc.

**Legal Status:** Corporation

**Jurisdiction of Incorporation/Organization:** DE

**Date of Organization:** 11-17-2021

**Physical Address:** 106 Langtree Village Dr, Mooresville, NC, 28117

**Issuer Website:** https://www.npcloudsolutions.com/

**Is there a Co-Issuer?:** Yes

**Intermediary Name:** Wefunder Portal LLC

**Intermediary CIK:** 0001670254

**Intermediary File Number:** 007-00033

**Intermediary CRD Number:** 283503

### Offering Information

**Compensation to Intermediary:** 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.

**Financial Interest in Issuer:** No

**Type of Security Offered:** Preferred Stock

**Number of Securities Offered:** 100000

**Price per Security:** $1.00

**Method for Determining Price:** Dividing pre-money valuation $10,000,000.00 (or $5,000,000.00 for investors in the first $250,000.00) by number of shares outstanding on fully diluted basis.

**Target Offering Amount:** $50,000.00

**Oversubscription Accepted:** Yes

**Oversubscription Allocation Type:** Other

**Description of Oversubscription:** As determined by the issuer

**Maximum Offering Amount:** $1,000,000.00

**Deadline to Reach Target Amount:** 04-29-2024

### Annual Report Disclosure Requirements

**Current Number of Employees:** 5

**Total Assets (Most Recent Fiscal Year):** $4,280.00

**Total Assets (Prior Fiscal Year):** $30,084.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $2,780.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $28,584.00

**Accounts Receivable (Most Recent Fiscal Year):** $0.00

**Accounts Receivable (Prior Fiscal Year):** $0.00

**Short-Term Debt (Most Recent Fiscal Year):** $11,500.00

**Short-Term Debt (Prior Fiscal Year):** $0.00

**Long-Term Debt (Most Recent Fiscal Year):** $0.00

**Long-Term Debt (Prior Fiscal Year):** $0.00

**Revenues/Sales (Most Recent Fiscal Year):** $0.00

**Revenues/Sales (Prior Fiscal Year):** $0.00

**Cost of Goods Sold (Most Recent Fiscal Year):** $0.00

**Cost of Goods Sold (Prior Fiscal Year):** $0.00

**Taxes Paid (Most Recent Fiscal Year):** $400.00

**Taxes Paid (Prior Fiscal Year):** $400.00

**Net Income (Most Recent Fiscal Year):** $-163,613.53

**Net Income (Prior Fiscal Year):** $-3,116.00

**Jurisdictions Offered:**

ALABAMA, ALASKA, ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, DISTRICT OF COLUMBIA, FLORIDA, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, LOUISIANA, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING, B5, GU, PR, VI, 1V

### Signatures

**Issuer:** NpCloud Solutions Inc.

**Signature:** Denis Rono

**Title:** Founder/CEO, Project Lead

---

**Signature:** Jennie Stormes

**Title:** PMHNP-BC/MMC Owner

**Date:** 02-11-2023

---

**Signature:** Norrine McNelley

**Title:** Board member

**Date:** 02-10-2023

---

**Signature:** Robert Glenn

**Title:** Psychiatrist

**Date:** 02-10-2023

---

**Signature:** Bradley Kuo

**Title:** Partner

**Date:** 02-10-2023

---

**Signature:** Marie Crawford

**Title:** Psychologist

**Date:** 02-10-2023

---

**Signature:** Denis Rono

**Title:** Founder/CEO/President

**Date:** 02-10-2023

---

**Signature:** Denis Rono

**Title:** Founder/CEO, Project Lead

**Date:** 02-10-2023