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Material Change Request.

"*" indicates required fields

Amendments to Offering Statement

An issuer must file with the Commission and provide to investors and the relevant intermediary an amendment to the offering statement filed on Form C (§ 239.900 of this chapter) to disclose any material changes, additions or updates to information that it provides to investors through the intermediary’s platform, for any offering that has not yet been completed or terminated. The amendment must be filed on Form C: Amendment (Form C/A) (§ 239.900 of this chapter), and if the amendment reflects material changes, additions or updates, the issuer shall check the box indicating that investors must reconfirm an investment commitment within five business days or the investor’s commitment will be considered cancelled.

General Information

You can save this form and come back to it later. But you can’t save uploads, so be sure to keep documents on your desktop until you are ready to submit!!
Your name*
Your email address*

§227.201 (a) Basic Information About the Company

If the Company's mailing address has changed, provide it here.
Please provide the website url you will use for project updates.

§227.201 (b) Director and Officers of the Company

Have the Directors and Officers of the Company changed?*
Is (or will) the Manager of the Company be a person, or another Company?*
What's their name*
What's their home address?*
Who will control the Managing Company?*
If the Managing Company is an LLC then typically the title will be Manager or Managing Member.
What's their home address?*
MM slash DD slash YYYY

Key Persons

This question asks for very specific information about each person who is an officer or director of the Company. By “officer,” we mean a President, Vice-President, Secretary, Treasurer, Chief Financial Officer, Comptroller, or Chief Accounting Officer. 1. Include anyone who serves (or will now serve) in the role of an officer or director even if he or she doesn’t have the title. 2. If your Company is a LLC, include anyone who is a manager or an officer. If your LLC is managed by its members, include all members. 3. If your Company is a general partnership, include any individual who is a general partner or an officer. 4. Include officers and directors of the SPV if you are using one (and if they are different). Upload a sheet with additional persons if you have more than two who fit this description.
Does this material change include a change to key persons?*
New key person*
Home address*
All positions with the Company and How Long for Each Position
Check all that apply to this person*
Has this person been employed by anyone else during the last 3 years?*
List the name of the other employers and their principal business.*
Drop files here or
Max. file size: 50 MB, Max. files: 5.
    Drop files here or
    Accepted file types: pdf, jpgpng, doc, Max. file size: 50 MB, Max. files: 10.

      §227.201(c) Each Person Who Owns 20% or More of the Voting Power.

      This question asks for the name of each person who owns 20% or more of the voting power of the Company. This should be based on current ownership at the time you’re filling this form with the SEC, not based on the ownership that will exist after your offering is closed. 1. If your Company is a corporation, make the 20% calculation based on who has the right to vote for the election of directors. 2. If your Company is a limited liability company managed by its members, make the 20% calculation based on who has the right to make decisions. 3. If your Company is a limited liability company managed by one or more managers, the manager(s) typically hold the “voting power.” 4. If your Company is a limited partnership, the general partner(s) typically hold the “voting power.”
      Has voting power in your Company changed?*
      List each person who owns 20% or more of voting power by name below.*
      The rule only requires a name.

      §227.201 (d) The Company's Business and Business Plan

      This should include changes to financials, projections, business plan, operating agreement and even images that you’d like updated on the listing page
      NOTE: Be sure to annotate clearly the changes made and list the pages that have changed.
      Drop files here or
      Accepted file types: jpg, png, doc, xlxs, xls, numbers, pdf, pptx, Max. file size: 50 MB, Max. files: 10.
        NOTE: Be sure to annotate clearly the changes made and list the pages that have changed.
        Drop files here or
        Accepted file types: jpg, png, doc, xlxs, xls, numbers, pdf, pptx, Max. file size: 50 MB, Max. files: 20.

          §227.201(g) Target Offering Amount and Offering Deadlne.

          Do you want to change the minimum target amount for your offering?*
          Please enter a number from 25000 to 200000.

          §227.201(h) Commitments that Exceed the Target Offering Amount

          Do you want to change the maximum amount you want to raise?*
          This is the total amount you would like to raise, in dollars.
          Please enter a number from 100000 to 5000000.

          §227.201(i) How the Company Intends to Use the Money Raised in the Offering

          Will the use of money raised in the offering change?*
          If you raise your minimum target goal, what will you spend it on?*
          List everything you will use the minimum target funds for with the $ amount assigned to each item Your list MUST total your minimum target goal. We’re looking for generalized descriptions such as Purchase of property, construction or soft costs.
          Use of money
          How much
           
          If you raise the entire amount, what will you spend it on?*
          List everything you will spend the funds on if you raise your maximum goal! Provide a $ amount for each item Your list MUST total your maximum goal. We’re looking for generalized descriptions such as Purchase of property, construction or soft costs.
          Use of money
          How much?
           

          §227.201(m) Terms of the Securities

          Will the terms of the securities change?*
          NOTE: Please provide detail. This must include 1) Equity, debt of revenue sharing. 2) Interest rate or preferred return. 3) Share of profit and anything else that would be included in a legal description to investors.
          What is the smallest investment amount you will accept from investors?*

          §227.201(p) Indebtedness of the Company

          We need to understand the “material” indebtedness of the Company, meaning indebtedness that is significant relative to the value of the Company as a whole. In addition to the indebtedness listed in the table, we also have miscellaneous “trade debt,” meaning debt to trade creditors like landlords, lawyers, and accountants. Please list all of the debt below – do not leave anything out.
          Has the indebtedness of the Company changed?*
          List all creditors below completing all fields.*
          Creditor
          Amount
          Interest rate
          Maturity date
           

          §227.201(r) Transactions Between the Company and “Insiders”

          The term “transaction” means any business transaction, including stock purchases, salaries, property rentals, consulting arrangements, guaranties, etc. 1) Include only transactions that occurred since the beginning of your last fiscal year (the one before the current fiscal year) and transactions that are currently planned. 2) Include only transactions that involved an amount of money (or other value) greater than 5% of the total amount you’ve raised in Regulation Crowdfunding during the last 12 months, plus the Target Offering Amount for the current Offering. For example, if you haven’t raised money using Regulation Crowdfunding before, and your current Target Offering Amount is $600,000, include only transactions that involved more than $30,000 each. 3) Include only transactions between the Company and: Anyone listed in your answer to question 227.201(b); or Anyone listed in your answer to question 227.201(c); or If the Company was organized within the last three years, any promotor you’ve used; or Any family member of any of those people, meaning a child, stepchild, grandchild, parent, stepparent, grandparent, spouse or spousal equivalent (meaning someone you live with and can’t stand), sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships; or Any corporation or other entity in which any of those people owns an interest.
          Have any "insider" fees been added or changed?*
          List all fees to be paid by the Company to an insider*
          List each fee type to be paid, the party being paid and the amount. Some examples are a developer fee, contracting fees, property management fees or other fee or payment.
          Amount
          Fee type
          Fee recipient
           

          §227.201(s) The Company’s Financial Condition

          Do you want to extend your offering past April 30?*
          If you want to extend your offering past April, new financials must be submitted for the prior calendar year.
          Provide a statement that shows two separate columns for the last two calendar years.
          Drop files here or
          Accepted file types: pdf, Max. file size: 50 MB.
            Drop files here or
            Accepted file types: pdf, Max. file size: 50 MB.
              Provide a statement that shows two separate columns for the last two calendar years.
              Drop files here or
              Accepted file types: pdf, Max. file size: 50 MB.
                This field is for validation purposes and should be left unchanged.

                The fee for a material change is $300.

                Answering these questions will provide of the information we need to draft a Form CA for your review.

                You can save and return to this form if you bookmark the url. However, uploads cannot be saved, so wait until you are ready to submit before uploading them.

                Your Form CA (and the appendices that will be attached to it) are required to be registered with the SEC. Accuracy and completeness is of utmost importance for this submission.

                If your amendment reflects material changes, additions or updates, investors must reconfirm their investment commitment within five business days or the investor’s commitment will be considered cancelled.

                This is your disclosure packet and amendment. We’ll review and add comments to your content to conform to regulatory requirements and best practices. You will need to work with us to ensure your amendment is complete.

                All fields are required to be completed in order to submit.

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                IMPORTANT MESSAGE: 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. INVESTMENTS ON SMALL CHANGE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

                This website, smallchange.co, which we refer to as the “Site,” is used by two different companies:  NSSC Crowd, LLC, which we refer to as “NSSC Crowd,” and NSSC Funding Portal, LLC, which we refer to as “NSSC Funding Portal.” NSSC Crowd offers investments in real estate projects under Rule 506(c) of the Securities and Exchange Commission (SEC). These investments are offered to accredited investors only. NSSC Funding Portal, which is a licensed Funding Portal, offers investments in real estate projects under Regulation Crowdfunding, which is also known as Title III Crowdfunding. These investments are offered to everyone.

                By using this Site, you are subject to our Terms of Use and our Privacy Policy. Please read these carefully before using the Site.

                A crowdfunding investment involves risk. You should not invest any funds in the offerings listed on this Site unless you can afford to lose your entire investment.

                Although our Site offers investors the opportunity to invest in real estate projects and companies, we do not make recommendations regarding the appropriateness of a particular opportunity for any particular investor. We are not investment advisers. Investors must make their own investment decisions, either alone or with their personal advisors. Real estate can be risky and unpredictable. For example, many experienced, informed people lost money when the real estate market declined in 2007-8. Time has shown that the real estate market goes down without warning, sometimes resulting in significant losses. Some of the risks of investing in real estate include changing laws, including environmental laws; floods, fires, and other Acts of God, some of which can be uninsurable; changes in national or local economic conditions; changes in government policies, including changes in interest rates established by the Federal Reserve; and international crises. You should invest in real estate in general, and in the opportunities listed at the Site in particular, only if you can afford to lose your investment and are willing to live with the ups and downs of the real estate industry.

                We provide financial projections for some of the investment opportunities listed on the Site. All such financial projections are only estimates based on current conditions and current assumptions. The actual result of any investment is likely to be different than the original projection, often by a large amount.

                Neither we nor anyone else guarantees the results reflected in financial projections. Neither the Securities and Exchange Commission nor any state agency has reviewed the investment opportunities listed on the Site.

                Thank you for using the Site. If you have questions, please contact us at [email protected].

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