Token holder benefits:
75% of Trucbook’s (smart ledger) business qualified revenues are
eligible to be allocated to Trucpal Digital Security Token holders.
They will be eligible for a dividend every six months
The Trucpal Digital Security Token is issued pursuant to Reg D and Reg S in accordance with U.S. securities regulations.
HGC (the owner of Trucpal) operates a freight service SaaS platform in China. Based on the development of e-commerce, HGC believes that China is the world’s most promising digital freight market.
The Trucpal Digital Security Token will be a security token using blockchain technology issued in accordance with the U.S. securities regulations.
Benefiting from the innovative freight capacity ecosystem built by HGC, each transaction made on Trucbook relates to a certain percentage of income to be allocated to the Trucpal Digital Security Token holders. Each Trucpal Token holder is entitled to receive such compensation in preference to HGC’s shareholders.
The Trucpal Token network is programmable, combined with decentralized finance (Defi), and features the design of a hybrid token.
Trucpal Digital Security Tokens can be widely used in different transaction scenarios in the trucking ecosystem in a regulatory-compliant manner. They motivate users, activate and maintain user stickiness, and further encourage the growth of the ecosystem.
The Trucpal Digital Security Token is a security token based on actual freight transactions backed by the operating company in China; it will be issued in compliance with the United States securities regulations.
HGC is managed by a group of leading entrepreneurs. It has received multiple rounds of funding from well-known investors (such as Beyond Venture - Hong Kong based venture capital firm). HGC’s advisory team includes well-known Asian venture capitalists, blockchain technology experts, and legal experts.
Trucpal is digital financial and tax accounting software designed by the HGC team for the Chinese freight market. Trucpal provides whole life cycle service for truckers, suppliers, shippers, cooperatives, trucking after-market providers and financial institutions.
As a utility:
Trucpal is a profit shareable digital security that is used in the system primarily to pay dividends to its eligible holders. See the PPM for more detail.
Benefits:
75% of Trucbook’s business qualifying revenues (net of taxes & withholdings) will be allocated to Trucpal Token holders who will be eligible for continuous dividends every six months.
To purchase Trucpal Tokens, please follow the instructions below:
Create an account on the website https://securities.inx.co/
Proceed to the onboarding page to begin the process of verifying your identity, also known as the KYC (“Know Your Customer”) and AML (“Anti-Money Laundering”) process. All information submitted will be securely transmitted to INX. You will receive a notification once the account is approved.
Please note that, among other things, the KYC/AML process will require the Purchaser to provide government-issued identification as follows:
Next, (unless you are a non-U.S. person purchasing our offering outside the U.S.) please proceed to the accreditation tab to verify your U.S. Accredited Investor (“accreditation”) status. The most common accreditation documents are tax returns, W2s, or 1099s for the last two years, bank or brokerage account statements verifying $1M USD in net assets, or a letter from an attorney or a CPA validating that you are accredited. These documents must be dated within three months of the investment date. Once this process is complete, you will receive an email notification.
Once your account is verified, carefully and fully read the Private Placement Memorandum, dated July 25, 2022, including all of the exhibits (collectively, the “PPM”), including the form of the Subscription Agreement.
The “Invest Now” page will guide you to:
Once items 1-4 are completed and your subscription is accepted, you will receive an electronic link to the fully executed Subscription Agreement via email.
Your subscription will not be considered for acceptance unless and until each of the actions listed above is completed and approved by INX.
Questions regarding the execution and submission of these documents should be directed to: [email protected]
If you are a “U.S. Person'', you must be an “accredited investor” within the meaning of Rule 501(a) of Regulation D under the Securities Act of 1933, as amended (the “Securities Act'').
If you are NOT a “U.S. Person,” as such term is defined in Rule 901 of Regulation S:
For existing INXS users, please be aware that new accreditation documents might need to be reverified if the current documents are not dated within 3 months of the investment date. This would not apply if you provide tax returns, W2s or 1099s as they would be good until 4/15 of the following year or in the case of W2s and 1099s, until 12/31 of the current year.
The offering is available only for residents of the countries where the INX Securities trading platform is available and where there are no Trucpal country restrictions such as BVI. This list of countries can be found here:
https://www.inx.co/securities/security-token-geo-availability