# EDGAR Filing Document

**Accession Number:** 0001967461
**File Stem:** 0001967461-23-000001
**Filing Date:** 2023-2
**Character Count:** 50626
**Document Hash:** 304cbe6ba95857d892d59911e08054bc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001967461-23-000001.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001967461-23-000001

**CONFORMED SUBMISSION TYPE**: C

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Team Hold Creator LLC
- **CENTRAL INDEX KEY:** 0001967461
- **IRS NUMBER:** 922512015
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** C
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-31891
- **FILM NUMBER:** 23680296

**BUSINESS ADDRESS:**
- **STREET 1:** 2238 27TH ST
- **STREET 2:** APT 1
- **CITY:** ASTORIA
- **STATE:** NY
- **ZIP:** 11105
- **BUSINESS PHONE:** 508-641-1160

**MAIL ADDRESS:**
- **STREET 1:** 2238 27TH ST
- **STREET 2:** APT 1
- **CITY:** ASTORIA
- **STATE:** NY
- **ZIP:** 11105

### Attached PDF Documents

**Attachment 1:** `teamhold-formc.pdf`

# **PART I of FORM C**

| X Form C: | Offering Statement |
| --- | --- |
| Name of Issuer | Team Hold Creator, LLC |
| Form | LLC |
| Jurisdiction of Incorporation/Organization: | Delaware |
| Date of Organization | February 22 nd , 2023 |
| Physical address of issuer: | 2238 27th Street Apartment 1 Astoria, NY 11105 |
| Website of issuer | https://teamhold.oversubscribe.co |
| Is there a co-issuer? | Yes__ No_X_ |
| Name of co-issuer |  |
| Name of intermediary through which the offering will be conducted: | OverSubscribe Portal, LLC |
| CIK number of intermediary: | 0001764401 |
| SEC file number of intermediary: | 007-00185 |
| CRD number, if applicable, of intermediary: |  |
| 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: | 8.9% of offering amount or $2,442 on a successful 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: | LLC Membership Units |
| Target number of securities to be offered: | 27,422 |
| Price (or method for determining price): | $1.00 |
| Target Offering Amount | $27,422 |
| Oversubscriptions accepted: | No |

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| If Yes, describe how oversubscriptions will be allocated: | N/A |
| --- | --- |
| Maximum offering amount (if different from target offering amount): |  |
| Deadline to reach the target offering amount: | March 21 st , 2023 |
| 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: | 1 |

|  | As of the most recent fiscal year end | As of the prior fiscal year-end |
| --- | --- | --- |
| Total Assets: | $0 | N/A |
| Cash & Cash Equivalents: | $0 | N/A |
| Accounts Receivable: | $0 | N/A |
| Short-term Debt: | $0 | N/A |
| Long-term Debt: | $0 | N/A |
| Revenues/Sales | $0 | N/A |
| Cost of Goods Sold: | $0 | N/A |
| Taxes Paid: | $0 | N/A |
| Net Income: | $0 | N/A |

Using the list below, select the jurisdictions in which the issuer intends to offer the securities:

|  | Jurisdiction | Code |  | Jurisdiction | Code |  | Jurisdiction | Code |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| X | Alabama | AL | X | Montana | MT | X | District of Columbia | DC |
| X | Alaska | AK | X | Nebraska | NE | X | Puerto Rico | PR |
| X | Arizona | AZ | X | Nevada | NV |  |  |  |
| X | Arkansas | AR | X | New Hampshire | NH |  | Alberta | A0 |
| X | California | CA | X | New Jersey | NJ |  | British Columbia | A1 |
| X | Colorado | CO | X | New Mexico | NM |  | Manitoba | A2 |
| X | Connecticut | CT | X | New York | NY |  | New Brunswick | A3 |
| X | Delaware | DE | X | North Carolina | NC |  | Newfoundland | A4 |
| X | Florida | FL | X | North Dakota | ND |  | Nova Scotia | A5 |

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| X | Georgia | GA | X | Ohio | OH | Ontario | A6 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| X | Hawaii | HI | X | Oklahoma | OK | Prince Edward Island | A7 |
| X | Idaho | ID | X | Oregon | OR | Quebec | A8 |
| X | Illinois | IL | X | Pennsylvania | PA | Saskatchewan | A9 |
| X | Indiana | IN | X | Rhode Island | RI | Yukon | B0 |
| X | Iowa | IA | X | South Carolina | SC | Canada (Federal Level) | Z4 |
| X | Kansas | KS | X | South Dakota | SD |  |  |
| X | Kentucky | KY | X | Tennessee | TN |  |  |
| X | Louisiana | LA | X | Texas | TX |  |  |
| X | Maine | ME | X | Utah | UT |  |  |
| X | Maryland | MD | X | Vermont | VT |  |  |
| X | Massachusetts | MA | X | Virginia | VA |  |  |
| X | Michigan | MI | X | Washington | WA |  |  |
| X | Minnesota | MN | X | West Virginia | WV |  |  |
| X | Mississippi | MS | X | Wisconsin | WI |  |  |
| X | Missouri | MO | X | Wyoming | WY |  |  |

Using the list below, select the jurisdictions in which the securities are to be offered by underwriters, dealers or sales persons or check the appropriate box:

None

Same as the jurisdictions in which the issuer intends to offer the securities.

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PART II

# OFFERING MEMORANDUM DATED FEBRUARY 27, 2023

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

Team Hold Creator, LLC
2238 27th Street, Apartment 1
Astoria, NY 11105
https://teamhold.oversubscribe.co

Up to $27,442 of Return of Capital Units

Minimum Investment Amount: $50

Team Hold Creator, LLC (“Team Hold”, “the company,” “we,” or “us”), is offering up to $27,442 worth of our Return of Capital Units. The Return of Capital Units grant the holders a pro rata share of 13.50% of the revenues generated by the company for the revenue share period of 3 years or until the investment amount has been returned to the investor, at which point the units will automatically convert to Upside Units. The minimum target amount under this Regulation CF offering is $27,442 (the “Target Amount”). The company must reach its Target Amount of $27,442 by March 21, 2023. Unless the company raises at least the Target Amount of $27,442 under the Regulation CF offering by March 21, 2023, no securities will be sold in this offering, investment commitments will be cancelled, and committed funds will be returned.

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.

This disclosure document contains forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company’s management. When used in this disclosure document and the company offering materials, the words “estimate”, “project”, “believe”, “anticipate”, “intend”, “expect”, and similar expressions are intended to identify forward-looking statements. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties that could cause the company’s action results to differ materially from those

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contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements to reflect events or circumstances after such state or to reflect the occurrence of unanticipated events.

*In the event that we become a reporting company under the Securities Exchange Act of 1934, we intend to take advantage of the provisions that relate to “Emerging Growth Companies” under the JOBS Act of 2012, including electing to delay compliance with certain new and revised accounting standards under the Sarbanes-Oxley Act of 2002.*

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# TABLE OF CONTENTS

| THE COMPANY AND ITS BUSINESS | 7 |
| --- | --- |
| RISK FACTORS | 8 |
| DIRECTORS, EXECUTIVE OFFICERS, AND EMPLOYEES | 10 |
| OWNERSHIP AND CAPITAL STRUCTURE | 12 |
| USE OF PROCEEDS | 13 |
| FINANCIAL DISCUSSION | 13 |
| RELATED PARTY TRANSACTIONS | 14 |
| RECENT OFFERINGS OF SECURITIES | 14 |
| SECURITIES BEING OFFERED AND RIGHTS OF THE SECURITIES OF THE COMPANY | 14 |
| DILUTION | 17 |
| REGULATORY INFORMATION | 18 |
| INVESTMENT PROCESS | 19 |

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# THE COMPANY AND ITS BUSINESS

## Overview

Team Hold Creator, LLC is a limited liability company organized on February 22, 2023, under the laws of Delaware.

The company was formed to handle all business activities related to the creation of content by Mike Zakarian, including the raising of investment capital, handling of operational and business expenses, and receiving all content-related revenues generated by the activities of its employee(s). Team Hold has identified an opportunity to grow their content creation business through the utilization of content production contractors like editors, the production of new types of content, and through mentorship from OverSubscribe's creator economy experts. The company aims to raise investment capital to execute on this opportunity.

Team Hold currently distributes social media content on the following social media platforms and is subject to their respective rules and regulations on content hosted on their platforms:

- Instagram (Meta)

## Employees

The company currently has 1 full-time employees and 0 part-time employees.

## Regulation

N/A

## Intellectual Property

All content created by Team Hold for their various social media platforms in the past and future has been licensed to the company by Mike Zakarian for the duration of the Creator Revenue Share Period.

## Litigation

The company is not involved in any litigation, and its management is not aware of any pending or threatened legal actions relating to its intellectual property, conduct of its business activities, or otherwise.

## Property

The company does not lease any property. The company is currently without a headquarters while management works remotely.

## Due Diligence

Due diligence conducted by OverSubscribe Portal, LLC.

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# RISK FACTORS

The SEC requires the company to identify risks that are specific to its business and its financial condition. The company is still subject to all the same risks that all companies in its business, and all companies in the economy, are exposed to. These include risks relating to economic downturns, political and economic events and technological developments (such as hacking and the ability to prevent hacking). Additionally, early-stage companies are inherently more risky than more developed companies. You should consider general risks as well as specific risks when deciding whether to invest.

These are the risks that relate to the company:

### **Our company is brand new and has no operating history.**

The company was formed as a Delaware limited liability company in 2023. We have no established business operations and it is unclear at this point which, if any, of our current and intended plans may come into fruition and, if they do, which ones will be a success. The company has incurred a net loss and has had not generated any revenue since inception. There is no assurance that the company will ever be able to establish successful business operations, become profitable or generate sufficient revenues to operate our business or pay dividends.

### **The company is likely to be issued included a “going concern” note for future reviewed financials.**

We may not have enough funds to sustain the business until it becomes profitable. Even if we raise funds through a crowdfunding round, we may not accurately anticipate how quickly we may use the funds and if it is sufficient to bring the business to profitability.

### **If the company cannot raise sufficient funds, it will not succeed.**

The company is offering Non-Voting Return of Capital Units in the amount of up to $27,442 in this offering, with a Target Offering Amount of $27,442. Even if the maximum amount is raised, the company is likely to need additional funds in the future in order to grow, and if it cannot raise those funds for whatever reason, including reasons relating to the company itself or to the broader economy, it may not survive. If the company manages to raise only the minimum amount of funds sought, it will have to find other sources of funding for some of the plans outlined in “Use of Proceeds.”

### **Any valuation at this stage is difficult to assess.**

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.

### **The company depends on key personnel and faces challenges recruiting needed personnel.**

The company’s future success depends on the efforts of a small number of key personnel. In addition, due to its limited financial resources and the specialized expertise required, it may not be able to recruit the individuals needed for its business needs. There can be no assurance that the company will be successful in attracting and retaining the personnel the company requires to operate and be innovative.

### **The company’s sole source of revenue will be the content creation activities of a single person.**

The company has no tangible assets and no revenues to date. The company will derive all future revenue, if any based on the efforts of its Manager, Mike Zakarian. As such, the company’s cashflow is highly dependent on a single person and will likely be very volatile in nature. It may also be adversely affected or discontinued due to any number of reasons including, but not limited to, incapacity or choice to no longer produce new content.

### **The company may be adversely affected by general market conditions.**

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Currently, the company envisions most of its revenue will be generated via ad share revenue from its use of various social media platforms, as well as brand partnerships and affiliate links. If there is a general market pullback of advertising spending, the company may be adversely affected.

**If the company cannot protect, maintain and, if necessary, enforce its intellectual property rights, its ability to develop and commercialize content will be adversely impacted.**

The company's success, in large part, depends on its ability to protect and maintain the proprietary nature of its content. The company must prosecute and maintain its existing copyrights and successfully exploit those copyrights to generate revenue. The company cannot assure you that its means of protecting its copyrights will suffice or that others will not be able to reproduce or utilize its content. If necessary, the company will initiate actions to protect its copyrights, which can be costly and time consuming.

**The company will depend upon third-party distribution systems for its content. If these relationships are not successful, the company may not be able to capitalize on the market potential of these products.**

The near and long-term viability of the company depends, in part, on its ability to successfully maintain distribution relationships with online content distribution systems. If the company fails to maintain these relationships on acceptable terms, it may not be able to commercialize its content or generate sufficient revenue to remain active as a going concern.

#### ***Risks Related to the Securities***

**Until the appointment of a Management Company under the terms of our operating agreement, our founder has control over all decisions as Manager of the company and voting control of the issued units.**

As a result of appointment as the Manager and holding the voting units of the company, Team Hold Creator, LLC, our founder, Mike Zakarian, will be able to exercise voting representing 100% of the voting power of our outstanding units immediately following this offering. The non-voting Return of Capital Units issued in this offering will not dilute our founder's voting control because the non-voting Return of Capital Units have no voting rights. As a result, the Manager has the ability to control the outcome of all matters submitted to our equity holders for approval, including the election, removal, and replacement of the Manager.

**Our valuation and our offering price have been established internally and are difficult to assess.**

Team Hold Creator, LLC has set the price of its Return of Capital Units at $1.00 per Unit. Valuations for companies at this stage are generally purely speculative. We have not generated any revenues so far. Our valuation has not been validated by any independent third party and may decrease precipitously in the future. It is a question of whether you, the investor, are willing to pay this price for a percentage ownership of a start-up company. The issuance of additional shares of Units, or additional convertible securities may dilute the value of your holdings. You should not invest if you disagree with this valuation. See 'Dilution' for more information.

**No guarantee of return on investment.**

There is no assurance that a purchaser will realize a return on its investment or that it will not lose its entire investment. For this reason, each purchaser should read the Form C and all Exhibits carefully and should consult with its own attorney and business advisor prior to making any investment decision.

**You can't easily resell the securities.**

There are restrictions on how you can resell your securities for the next year. More importantly, there is no market for these securities, and there might never be one. It's unlikely that the company will ever go public or get acquired by a bigger company. That means the money you paid for these securities could be tied up for a long time.

**The company's management has discretion as to use of proceeds.**

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The net proceeds from this offering will be used for the purposes described under “Use of Proceeds.” The company reserves the right to use the funds obtained from this offering for other similar purposes not presently contemplated which it deems to be in the best interests of the company and its investors in order to address changed circumstances or opportunities. As a result of the foregoing, the success of the company will be substantially dependent upon the discretion and judgment of management with respect to application and allocation of the net proceeds of this offering. Investors for the non-voting Return of Capital Units hereby will be entrusting their funds to the company’s management, upon whose judgment and discretion the investors must depend.

#### **Future fundraising may affect the rights of investors.**

In order to expand, the company is likely to raise funds again in the future, either by offerings of securities or through borrowing from banks or other sources. The terms of future capital raising, such as loan agreements, may include covenants that give creditors greater rights over the financial resources of the company.

#### **Disputes raised between investors and the company arising under the Operating Agreement of the company is subject to binding arbitration.**

By investing in this offering, investors will become subject to the terms of the Operating Agreement of the company. This includes submitting to binding arbitration for any disputes arising under the terms of the Operating Agreement. Arbitration will follow the rules of the American Arbitration Association (“AAA”) and take place in New York City. As such, investors may not have the ability to make their claims for any dispute in a forum that they would prefer, and may incur additional costs to bring such claims.

#### ***Risks Related to COVID-19***

#### **The company’s results of operations may be negatively impacted by the coronavirus outbreak.**

The continued spread of COVID-19 has led to severe disruption and volatility in the global capital markets, which could increase the company’s cost of capital and adversely affect its ability to access the capital markets in the future. It is possible that the continued spread of COVID-19 could cause a further economic slowdown or recession or cause other unpredictable events, each of which could adversely affect the company’s business, results of operations, or financial condition. The extent to which COVID-19 affects the company’s financial results will depend on future developments, which are highly uncertain and cannot be predicted, including new information which may emerge concerning the severity of the COVID-19 outbreak and the actions to contain the outbreak or treat its impact, among others. Moreover, the COVID-19 outbreak has had and may continue to have indeterminable adverse effects on general commercial activity and the world economy, and the company’s business and results of operations could be adversely affected to the extent that COVID-19 or any other pandemic harms the global economy generally.

#### **Actual or threatened epidemics, pandemics, outbreaks, or other public health crises may adversely affect the company’s business.**

The company’s business could be materially and adversely affected by the risks, or the public perception of the risks, related to an epidemic, pandemic, outbreak, or other public health crisis, such as the recent outbreak of COVID-19. The risk, or public perception of the risk, of a pandemic or media coverage of infectious diseases could adversely affect the value of the company’s equity and the financial condition of the company’s investors or prospective investors, resulting in reduced demand for the company’s securities generally. Further, such risks could result in persons avoiding appearing at in-person health care appointments. “Shelter-in-place” or other such orders by governmental entities could also disrupt the company’s operations, if those employees of the company who cannot perform their duties from home are unable to report to work.

#### **DIRECTORS, EXECUTIVE OFFICERS AND EMPLOYEES**

This table shows the principal people on the company’s team:

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| Name | Position | Term of Office | Approx. hours per week (if not full time) |
| --- | --- | --- | --- |
| Executive Officers: |  |  |  |
| Mike Zakarian | Manager | 0 years | Full-time |
| Manager: |  |  |  |
| Mike Zakarian | Manager | 0 years | Full-time |

### ***Mike Zakarian, Manager***

Mike Zakarian has started his career as a content creator since 2020, and has been conducting daily live streams shows on YouTube as well as long-form and short-form videos hosted on various platforms under the Team Hold banner since then. He also manages a Discord chat group where thousands of community members can hear announcements and discuss relevant topics together with him.

### **The Management Company**

Upon successful completion of this offering, the company will appoint the Management Company to represent the interests of the investors in this Offering. The Management Company will receive no compensation for these duties and will remain in its position until the end of the Revenue Share Period. Once appointed by the Manager, the consent of the Management Company must be obtained for any of the following actions of the company:

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- • liquidate or dissolve the company;
- • sell, transfer or dispose of any assets of the company;
- • declare or pay any distributions on any class of Units other than required tax distributions;
- • issue, redeem or repurchase any Units or admit any Member;
- • amend the operating agreement or any other constituent documents of the company;
- • consummate any initial public offering, change of control transaction, merger or sale of all or substantially all of the company's assets;
- • consummate any material sale, license or acquisition of assets;
- • make any capital or operating expenditure in excess of the amount authorized in an annual budget unanimously adopted by the Managers;
- • incur any indebtedness;
- • enter into a material contract;
- • enter into any transaction with any affiliate or family member of a Member, Manager or officer the company;
- • consummate any material transaction; or
- • enter into any agreement to do any of the above actions.

## OWNERSHIP AND CAPITAL STRUCTURE

### Ownership

The following table shows who owns more than 20% of company’s voting securities as of February 27th, 2023:

| Name of Beneficial owner | Amount and class of securities held | Percent of voting power prior to the Offering |
| --- | --- | --- |
| Mike Zakarian | 50,000 Creator Units | 100% |

The following table describes our capital structure as of February 27th, 2023:

| Class of Equity | Authorized Limit | Issued and Outstanding | Committed, Not-issued | Available |
| --- | --- | --- | --- | --- |
| Creator Units | 50,000 | 50,000 |  |  |
| Return of Capital Units | 27,442 |  |  | 27,442 |
| Upside Units | 27,442 |  |  | 27,442 |

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## USE OF PROCEEDS

The company anticipates using the proceeds from this offering in the following manner:

| Purpose or Use of Funds | Allocation After Offering Expenses for a $27,442 Raise |
| --- | --- |
| Offering Costs | $2,442 |
| General and Administrative | $0 |
| Editor expenses for 12 months | $20,000 |
| Production of new content | $5,000 |

The identified uses of proceeds are subject to change at the sole direction of the officers and directors based on the business needs of the company.

## FINANCIAL DISCUSSION

### Financial statements

Because Team Hold Creator LLC was newly founded for the purposes of raising investment capital through this Regulation CF offering, there are no financial statements for this company.

### *Operating Results*

Because Team Hold Creator LLC was newly founded for the purposes of raising investment capital through this Regulation CF offering, there are no past operating results available for this company.

### *Liquidity and Capital Resources*

Team Hold Creator, LLC currently has no liquidity or capital resources to disclose.

### *Indebtedness*

Team Hold Creator, LLC currently has no liabilities to disclose.

### *Plan of Operations and Milestones*

The company plans to grow its follower counts on the various social media platforms that host the company's content through the increased and improved production of both long-form and short-form content, as well as new types of content such as live events, and man-on-the-street videos. These new forms of content are anticipated to higher number of views leading to conversion of new viewers to followers.

With increases to platform follower counts, the company expects to expand upon existing revenue sources such as ad share revenue from the various platforms. The company also anticipates increased interest from other

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companies wishing to partner with Team Hold to advertise select products and/or services as Team Hold grows its follower counts across platforms.

Over the next 12 months, the company aims to enter into partnerships and advertising relationships to begin generating revenues. The types of partnerships and relationships we would want to achieve are along the lines of the following:

- 2 new brand partnership deals from as of yet unknown companies, each generating on the order of $20,000 for a total of $40,000.
- Revenue from affiliate links to generate in the range of $5,000 - $10,000
- Ad share revenue from platforms to generate $1,000 - $5,000

There is no guarantee that we will be able to achieve these results, or generate any revenues at all. In subsequent years, Team Hold expects the revenue and number of revenue sources to increase commensurate with increases in platform follower counts.

## Trends

In the past year, Team Hold has

- grown YouTube subscriber count 100% from 3,200 to over 8,200
- surpassed 1 million total views mark on YouTube. On pace to surpass 4 million views by end of 2023
- worked with brands/companies such as Sorare, NBA Top Shot, Underdog Fantasy, Fliolio, Own the Moment, and more.
- Surpassed more than 60,000 followers across all platforms
- Attended the 2023 NBA All Star weekend to create content

## RELATED PARTY TRANSACTIONS

On February 24, 2023, the company has executed a license for the Intellectual Property of all past and future Team Hold content from Mike Zakarian for the duration of the Creator Revenue Share Period.

## RECENT OFFERINGS OF SECURITIES

The company has not issued any securities since inception.

## SECURITIES BEING OFFERED AND RIGHTS OF THE SECURITIES OF THE COMPANY

*The following descriptions summarize important terms of our limited liability company Units. This summary reflects Company's Operating Agreement and does not purport to be complete and is qualified in its entirety by the Operating Agreement itself. For a complete description the company's limited liability company Units, you should refer to our Operating Agreement and applicable provisions of the Delaware Limited Liability Company Act.*

### General

The Company's authorized securities consist of up to 50,000 Creator Units, 27,442 Return of Capital Units, and 27,442 Upside Units. As of February 27, 2023, there were 50,000 Creator Units outstanding, 0 Return of Capital Units outstanding, and 0 Upside Units outstanding. For this offering, the company is issuing Return of Capital Units at $1.00 per share. Each Return of Capital Unit is convertible into Upside Units, as described below.

### Definitions

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There are a few key definitions used in our Operating Agreement to describe the relationship between the classes of Units and the rights of those Unit holders. These definitions include, but are not limited to:

**'Company Expenses'** means any costs and expenses associated with the offering, any operating fees of the company, any fees payable to Management Company, any fees associated with the Company formation, annual reporting or maintaining good standing in the state of Delaware, accounting, legal and reporting expenses of the Company, and fees paid to the funding portal.

**'Creator Activities'** means any and all activities undertaken by Creator to create content, promotion of such content, marketing such content, monetizing such content, merchandising and all other ancillary activities.

**'Creator Expenses'** means (a) the cost of software, tools, equipment, supplies and other materials necessary or useful in connection with the Creator Activities; (b) professional services (e.g., actors, editors, animators, videographers, etc.) necessary or useful in connection with the Creator Activities; (c) travel expenses, including automobile gas, lodging, meals insurance, maintenance, airline tickets and related charges for events directly related to the Creator Activities; ~~(d) living and other day to day expenses;~~ and (e) all other expenses that Creator deems necessary and appropriate in the conduct of the business of the company.

**'Creator Revenue'** means all platform revenue (e.g., Google Ad Share, etc.), brand partnership revenue, affiliate links, merchandise and branded products, donations and tips (e.g., Patreon, etc.), monetary prizes and any other amounts that Creator receives, directly or indirectly, in connection with the Creator Activities during the Creator Revenue Share Period.

**'Creator Revenue Share Period'** means a period of 3 years from the Effective Date.

**'Investor Percentage'** means 13.50% of the Creator Revenues.

**'Member'** means persons admitted to the company by holdings Units of the company.

**'Redemption Price'** means the higher of (a) $0.00001/Unit or (b) the amounts distributed each Return of Capital Unit (or Upside Unit, as applicable) during the last 12 months of the Creator Revenue Share Period.

**'Units'** means, individually or collectively, the Creator Units, Return of Capital Units and Upside Units.

## Classes of Units

### *Creator Units*

#### *General*

Our Creator Units are limited liability company interests issued to our founder.

#### *Distribution Rights*

After distributions have been made to the Return of Capital Unit holders and Upside Unit holders, distributions may be made to the holders of Creator Units out of the remaining Creator Revenue available for distributions. The company has never declared or paid cash distributions to date, and will not be able to make such distributions until it generates revenues in excess of its expenses.

#### *Voting Rights*

Each holder of Creator Units is entitled to one vote for each share on all matters submitted to a vote of the Members.

#### *Right to Receive Liquidation Distributions*

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In the event of the company's liquidation, dissolution, or winding up, holders of its Creator Units will be entitled to share ratably in the net assets legally available for distribution to Members after the payment of all of the company's debts and other liabilities.

#### *Rights and Preferences*

Holders of the company's Creator Units have no preemptive, conversion, or other rights, and there are no redemptive or sinking fund provisions applicable to the company's Common Stock.

#### ***Return of Capital Units and Upside Units***

##### *Distribution Rights*

Holders of our Return of Capital Units and Upside Units are entitled to receive distributions, prior to the holders of Creator Units, equal to the holder's pro rata share of the Investor Percentage of the Creator Revenue. The company has never declared or paid cash distributions to date, and will not be able to make such distributions until it generates revenues in excess of its expenses.

##### *Voting Rights*

Holders of Return of Capital Units and Upside Units have no right to vote on matters submitted to the Members.

##### *Right to Receive Liquidation Distributions*

In the event of the company's liquidation, dissolution, or winding up, holders of its Return of Capital Units and Upside Units will be entitled to share ratably in the net assets legally available for distribution to Members after the payment of all of the company's debts and other liabilities.

##### *Conversion*

Holders of the Return of Capital Units, following payment of distributions equal to the value of their initial investment, will have their units converted automatically into Upside Units.

##### *Redemption*

The Return of Capital Units and Upside Units are redeemable by the company in the amount equal to the Redemption Price during the last 12 months of the Creator Revenue Share Period. Following the end of the Creator Revenue Share Period, Return of Capital Units and Upside Units will be redeemed and cancelled by the company without any additional amounts being owed to those Members.

#### **Binding Arbitration**

By investing in this offering, investors will become subject to the terms of the Operating Agreement of the company. This includes submitting to binding arbitration for any disputes arising under the terms of the Operating Agreement. Arbitration will follow the rules of the American Arbitration Association ('AAA') and take place in New York City.

#### **What it Means to be a Minority Holder**

As an investor in the Return of Capital Units of the company, you will not have any rights in regard to the actions of the company, including additional issuances of securities, company repurchases or redemptions of securities, a sale of the company or its significant assets, or company transactions with related parties.

#### **Transferability of securities**

For a year, the securities can only be resold:

- In an IPO or other public offering registered with the SEC;

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- To an accredited investor; and
- 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 circumstance.

# Transfer Agent

The company has not engaged a transfer agent, and will maintain its own records of security holders with the assistance of the Management Company.

# DILUTION

Investors should understand the potential for dilution. The investor's stake in a company could be diluted due to the company issuing additional shares. In other words, when the company issues more shares, the percentage of the company that you own will go down, even though the value of the company may go up. You will own a smaller piece of a larger company. This increase in number of shares outstanding could result from a stock offering (such as an initial public offering, another crowdfunding round, a venture capital round, angel investment), employees exercising stock options, or by conversion of certain instruments (e.g., convertible bonds, preferred shares or warrants) into stock.

If the company decides to issue more shares, an investor could experience value dilution, with each share being worth less than before, and control dilution, with the total percentage an investor owns being less than before. There may also be earnings dilution, with a reduction in the amount earned per share (though this typically occurs only if the company offers dividends, and most early-stage companies are unlikely to offer dividends, preferring to invest any earnings into the company).

The type of dilution that hurts early-stage investors most occurs when the company sells more shares in a "down round," meaning at a lower valuation than in earlier offerings. An example of how this might occur is as follows (numbers are for illustrative purposes only):

- In June 2020 Jane invests $20,000 for shares that represent 2% of a company valued at $1 million.
- In December the company is doing very well and sells $5 million in shares to venture capitalists on a valuation (before the new investment) of $10 million. Jane now owns only 1.3% of the company but her stake is worth $200,000.
- In June 2021 the company has run into serious problems and in order to stay afloat it raises $1 million at a valuation of only $2 million (the "down round"). Jane now owns only 0.89% of the company and her stake is worth only $26,660.

This type of dilution might also happen upon conversion of convertible notes into shares. Typically, the terms of convertible notes issued by early-stage companies provide that in the event of another round of financing, the holders of the convertible notes get to convert their notes into equity at a "discount" to the price paid by the new investors, i.e., they get more shares than the new investors would for the same price. Additionally, convertible notes may have a "price cap" on the conversion price, which effectively acts as a share price ceiling. Either way, the holders of the convertible notes get more shares for their money than new investors. In the event that the financing is a "down round" the holders of the convertible notes will dilute existing equity holders, and even more than the new investors do, because they get more shares for their money. Investors should pay careful attention to the aggregate total amount of convertible notes that the company has issued (and may issue in the future, and the terms of those notes.

If you are making an investment expecting to own a certain percentage of the company or expecting each share to hold a certain amount of value, it's important to realize how the value of those shares can decrease by actions

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taken by the company. Dilution can make drastic changes to the value of each share, ownership percentage, voting control, and earnings per share.

## Valuation

As discussed in “Dilution” above, the valuation of the company will determine the amount by which the investor’s stake is diluted in the future. An early-stage company typically sells its shares (or grants options over its shares) to its founders and early employees at a very low cash cost, because they are, in effect, putting their “sweat equity” into the company. When the company seeks cash investments from outside investors, like you, the new investors typically pay a much larger sum for their shares than the founders or earlier investors, which means that the cash value of your stake is immediately diluted because each share of the same type is worth the same amount, and you paid more for your shares than earlier investors did for theirs.

There are several ways to value a company, and none of them is perfect and all of them involve a certain amount of guesswork. The same method can produce a different valuation if used by a different person.

*Liquidation Value* - The amount for which the assets of the company can be sold, minus the liabilities owed, e.g., the assets of a bakery include the cake mixers, ingredients, baking tins, etc. The liabilities of a bakery include the cost of rent or mortgage on the bakery. However, this value does not reflect the potential value of a business, e.g., the value of the secret recipe. The value for most startups lies in their potential, as many early-stage companies do not have many assets (they probably need to raise funds through a securities offering in order to purchase some equipment).

*Book Value* - This is based on analysis of the company’s financial statements, usually looking at the company’s balance sheet as prepared by its accountants. However, the balance sheet only looks at costs (i.e., what was paid for the asset), and does not consider whether the asset has increased in value over time. In addition, some intangible assets, such as patents, trademarks or trade names, are very valuable but are not usually represented at their market value on the balance sheet.

*Earnings Approach* - This is based on what the investor will pay (the present value) for what the investor expects to obtain in the future (the future return), taking into account inflation, the lost opportunity to participate in other investments, the risk of not receiving the return. However, predictions of the future are uncertain and valuation of future returns is a best guess.

Different methods of valuation produce a different answer as to what your investment is worth. Typically, liquidation value and book value will produce a lower valuation than the earnings approach. However, the earnings approach is also most likely to be risky as it is based on many assumptions about the future, while the liquidation value and book value are much more conservative.

Future investors (including people seeking to acquire the company) may value the company differently. They may use a different valuation method, or different assumptions about the company’s business and its market. Different valuations may mean that the value assigned to your investment changes. It frequently happens that when a large institutional investor such as a venture capitalist makes an investment in a company, it values the company at a lower price than the initial investors did. If this happens, the value of the investment will go down.

## How we determined the offering price

The offering price for our current offering was determined based on the following information:

The result of dividing the total number of available Return of Capital Units by the dollar amount of the target offering amount.

## REGULATORY INFORMATION

### Disqualification

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Neither the company nor any of its officers or managing members are disqualified from relying on Regulation Crowdfunding.

#### **Annual reports**

The company has not filed annual reports to date. Any annual reports will be posted on the company's page:

#### **Compliance failure**

The company has not previously failed to comply with the requirements of Regulation Crowdfunding.

### **INVESTMENT PROCESS**

**Information Regarding Length of Time of Offering:** The offering is scheduled to last 21 days.

**Investment Cancellations:** Investors will have up to 48 hours prior to the end of the offering period to change their minds and cancel their investment commitments for any reason. Once the offering period is within 48 hours of ending, investors will not be able to cancel for any reason, even if they make a commitment during this period, and the funds will be released to the issuer upon the closing of the offering and the investor will receive securities in exchange for his or her investment.

**Notifications:** Investors will receive periodic notifications regarding certain events pertaining to this offering, such as the company reaching its offering target, the company making an early closing, the company making material changes to its Form C, and the offering closing at its target date.

**Material Changes:** Material changes to an offering include but are not limited to:

A change in minimum offering amount, change in security price, change in management, etc. If an issuing company makes a material change to the offering terms or other information disclosed, including a change to the offering deadline, investors will be given five business days to reconfirm their investment commitment. If investors do not reconfirm, their investment will be cancelled, and the funds will be returned.

**Rolling and Early Closings:** The company may elect to undertake rolling closings, or an early closing after it has received investment interests for its target offering amount. During a rolling closing, those investors that have committed funds will be provided five days' notice prior to acceptance of their subscriptions, release of funds to the company, and issuance of securities to the investors. During this time, the company may continue soliciting investors and receiving additional investment commitments. Investors should note that if investors have already received their securities, they will not be required to reconfirm upon the filing of a material amendment to the Form C. In an early closing, the offering will terminate upon the new target date, which must be at least five days from the date of the notice.

#### **Investor Limitations**

Investors are limited in how much they can invest on all crowdfunding offerings during any 12-month period. The limitation on how much they can invest depends on their net worth (excluding the value of their primary residence) and annual income. If either their annual income or net worth is less than $124,000, then during any 12-month period, they can invest up to the greater of either $2,500 or 5% of the greater of their annual income or Net worth. If both their annual income and net worth are equal to or more than $124,000, then during any 12-month period, they can invest up to 10% of annual income or net worth, whichever is greater, but their investments cannot exceed $124,000. If the investor is an 'accredited investor' as defined under Rule 501 of Regulation D under the Securities Act, as amended, no investment limits apply.

#### **Updates**

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Information regarding updates to the offering and to subscribe can be found here:
https://teamhold.oversubscribe.co.

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

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** Team Hold Creator LLC

**Legal Status:** Limited Liability Company

**Jurisdiction of Incorporation/Organization:** DE

**Date of Organization:** 02-22-2023

**Physical Address:** 2238 27TH ST, ASTORIA, NY, 11105

**Issuer Website:** https://teamhold.oversubscribe.co

**Is there a Co-Issuer?:** No

**Intermediary Name:** OVERSUBSCRIBE PORTAL LLC

**Intermediary CIK:** 0001764401

**Intermediary File Number:** 007-00185

### Offering Information

**Compensation to Intermediary:** 8.9% of offering amount or $2,442 on a successful offering

**Financial Interest in Issuer:** No

**Type of Security Offered:** Other

**Other Description of Security:** LLC Membership Units

**Number of Securities Offered:** 27442

**Price per Security:** $1.00

**Target Offering Amount:** $27,442.00

**Oversubscription Accepted:** No

**Deadline to Reach Target Amount:** 03-21-2023

### Annual Report Disclosure Requirements

**Current Number of Employees:** 1.00

**Total Assets (Most Recent Fiscal Year):** $0.00

**Total Assets (Prior Fiscal Year):** $0.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $0.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $0.00

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

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

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

**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):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $0.00

**Net Income (Prior Fiscal Year):** $0.00

**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, PR, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING

### Signatures

**Issuer:** Team Hold Creator LLC

**Signature:** Michael Zakarian

**Title:** Manager

---

**Signature:** Michael Zakarian

**Title:** Manager

**Date:** 02-28-2023