SOME IMPORTANT
QUESTIONS.

Crickets and other insects don't just have a ridiculous amount of protein, they’re also high in omega 3s & 6s, more B12 than red meat, more calcium than milk, more iron than spinach, more potassium than bananas, less fat than pork. Plus insects are seriously sustainable. Astoundingly less CO² emitted, less land and less water required & can be fed off the stuff you don't eat (apple cores, potato peels etc). Winner, winner, cricket dinner!

A Crowdfunding platform allows you to directly invest in entrepreneurial brands and business ventures via a dedicated online portal. Crowdfunding gives you the opportunity to become co-shareholders in brands and businesses you believe in. This means you are able to support them in their mission plus have the opportunity to benefit financially from the growth of value if the business is successful.

BUG is on a mission to bring edible insects to dinner tables across the UK. We believe insects are an incredibly delicious, sustainble, superfood – that can play a major role in our fight against climate change. By crowdfunding we’re able to tap into a dynamic community of like-minded people who want to support purpose-led brands to make a positive impact in the world.

Crowdcube is a UK-registered crowdfunding platform that started in 2009. To date they’ve successfully helped raise over £787m from 1347 pitches. BUG is choosing to work with Crowdcube due to their impressive track record and reputation to make equity investment secure and accessible to all investors, regardless of the size of investment.

To invest in BUG through Crowdcube, you must be over 18 years old and legally entitled to invest. You’ll also need to be a resident of the UK or a country where you may legally receive financial promotions of the nature provided. If you have any concerns regarding the legality of investing through the platform in your country of residence, you should seek independent legal advice before opening an account. Please note that Crowdcube may not advertise investment opportunities to those living in the United States, Canada, Japan or any other country where it would be unlawful for their pitches to be advertised. Please don’t register with Crowdcube if you are a resident of these countries. For US residents, there are however specific circumstances under which you can invest. Investor Restrictions: USA The following specific regulations (set by regulators in the US) apply to investments by US residents. If you’re a resident in the US, you can invest in Mami Wata through Crowdcube if you: Have accredited investor status (within the definition set forth in Rule 501 (a) of Regulation D under the Securities Act). Make a minimum investment of £20,000. Have an attorney licensed to practice in your state of residence confirm in writing that your investment is compliant with local law.

You can become a shareholder of BUG by opening an account with Crowdcube and placing your investment through them. Your investment will be administered and held through your registered Crowdcube account. When creating your Crowdcube account, please make sure you create it in your own name, as they cannot accept joint investments. You’ll also be asked to choose an investor type (such as everyday, professional, etc.) and complete a quick questionnaire. The information provided through the questionnaire is to ensure you understand the high-risk nature of investing in start-ups and early-stage businesses. If you receive independent advice, you’re not required to fill out the questionnaire. It’s important to note that these investor types won’t apply to all other platforms. You can create your Crowdcube account here.

You’ll be able to invest shortly. Please register for information (captial at risk) to be kept aware of the launch date.

BUG aims to raise £400k during this round of fundraising.

As our first round of funding – BUG plans to use the money to manufacture our kits, build a team, and raise awareness of edible insects through mouthwatering recipe content and kickass marketing campaigns. We've also got a number of exciting edible insect products in the pipeline!

You can invest any amount from just £10 to £100k. The purpose of crowdfunding is to make equity investment in entrepreneurial businesses accessible to everyone, regardless of their appetite for risk or the size of their wallet.

At this stage Crowdcube does not have an active secondary market for equity investments, so you won’t be able to sell your shares straight away. As we reach our business and growth objectives, the company may be bought by a larger company, it could IPO on the stock market, and/or the management may buy back equity from investors. At that point, you will have the option to sell your shares. There are plenty of examples of Crowdcube investments that have delivered incredible returns for their investors. See more here.

The EIS (Enterprise Investment Scheme) is a tax relief scheme created by the UK government to encourage investment into startups and early-stage businesses by UK-based investors. As an investor, EIS benefits you by offering potentially significant income tax and capital gains reliefs when you make an investment into an EIS eligible startup or business. BUG has received EIS advance assurance. Whether you can claim EIS/SEIS relief depends on your personal circumstances and the ongoing availability of these tax reliefs. Click here for more info.