The terms, summarized.
This page mirrors the SAFT and the Purchase Agreement. It is not the offering itself — the executed documents control. Access to the documents and to subscription requires registration and accreditation verification.
Risk disclosure
- Substantial risk of complete loss.
- No public market; illiquid; not transferable in the ordinary course.
- Termination Payment is discretionary and forfeitable; the 7.5% is a formula input, not a targeted or expected return.
- Returns depend on ELINT receiving payment from the U.S. government on the underlying receivables and electing to pay; appropriations / shutdown / contract-administration timing risk applies.
- Stablecoin de-peg, custody, and counterparty risk where Termination Payment is paid in a stablecoin.
- ELINT, LLC is an early-stage operating company; its ability to perform depends on ongoing business operations.
- Investor bears sole responsibility for safekeeping wallet keys (SAFT §4.6).
Terms at a glance
The binding document is the executed SAFT + Purchase Agreement. This table is a summary.
- Instrument
- Simple Agreement for Future Tokens (SAFT)
- Issuer
- ELINT, LLC (Delaware)
- Security characteristic
- General unsecured obligation (SAFT §5.7)
- Eligibility (U.S.)
- Accredited investors verified under Reg D 506(c) — third-party verification required
- Eligibility (non-U.S.)
- Non-U.S. persons under Reg S
- Aggregate Purchase Amount
- USD ceiling the investor commits to in the executed SAFT (§2)
- Payment Notice
- ≥15 days notice (unless investor consents to shorter); ACH or wire
- Designated Purchase Amount
- USD amount called in a given Payment Notice; sum of all may not exceed Aggregate
- Token Delivery Date
- Specified in the Payment Notice; tokens recorded to investor's bound wallet
- Termination Payment
- Designated Purchase Amount + 7.5% — at Company's discretion, USD or stablecoin, forfeited on Payment Default (SAFT §1.5)
- Termination timing
- First anniversary of the Token Delivery Date
- Liquidity
- No public market; intended to be held for an indefinite period
Start verification
Eligibility is verified during onboarding under Reg D 506(c) or Reg S.