Investors

Shareholder FAQ

INFORMATION ON DIGITAL COUPONS

WHAT IS A DIGITAL COUPON?

Jupiter Wellness digital coupons are awarded to all shareholders as a redeemable non-fungible token (NFT), one per shareholder regardless of the number of shares owned as of the record date. The total number of coupons issued shall equal the total number of shareholders of the Company. After a shareholder of record claims the digital coupon on Upstream, the shareholder will be able to redeem their digital coupon to try the Company’s products first-hand or they can sell the digital coupon to other Upstream users on the Upstream marketplace.

The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app.

WHO CAN ‘CLAIM’ A DIGITAL COUPON?

All shareholders of record as of December 30, 2022 are entitled to claim the digital coupon by creating an account on Upstream and verifying their shareholder status. The issuance (pay) date will be January 23, 2023. Shareholders of record will be able to redeem the coupon to try the product first-hand or trade the digital coupon with other fans globally on Upstream.

Interested participants who are not shareholders may purchase a digital coupon on Upstream’s market if a shareholder puts their digital coupon up for sale.

HOW DO I CLAIM A DIGITAL COUPON?

Here’s how shareholders as of the set record date can claim their digital coupon:

  1. Download Upstream and tap Sign Up.
  2. Complete KYC by tapping the settings icon at the top right of the home screen and tapping KYC. Have an ID handy.
  3. Tap Investor, NFT, NFT claim, enter claim code: JUPWGIFT
  4. Shareholders will receive an app notice that their claim is being processed and once verified, the digital coupon will automatically appear in your Upstream portfolio, typically within 48 hours. If shares are held at a brokerage, you will receive a request for an account statement via email to verify that you’re a shareholder as of record date.
  5. Once the digital coupon is in your portfolio, you may redeem the digital coupon for the reward or sell the digital coupon to another Upstream user.

 

HOW DO I SELL A DIGITAL COUPON?

To sell your digital coupon in the Upstream market.

  1. Open Upstream.
  2. Tap Portfolio and tap your digital coupon.
  3. Tap Sell.
  4. Set a minimum sell price acceptable to you, as seller, and the expiry date for your sale.
  5. Tap Sell.
  6. You will be notified if your digital coupon is purchased. If unsold, you may put it up for sale again after your expiry date passes. Alternatively, you may cancel your sale at any time.

 

HOW DO I BUY A DIGITAL COUPON?

Any interested Upstream user may bid on a digital coupon that was put up for sale by a shareholder.

To buy a digital coupon on Upstream:

  1. Open Upstream.
  2. Tap Market.
  3. Tap NFTs.
  4. Tap on the digital coupon (NFT).
  5. Tap Buy Now.

 

HOW DO I REDEEM A DIGITAL COUPON?

Here’s how to get your Upstream unique redemption code. Before redeeming, you must’ve already successfully claimed the digital coupon as a verified shareholder or purchased the NFT on Upstream’s market from a shareholder. For instructions on how to claim the digital coupon, see above or visit https://jupiterwellness.com/investors/shareholder-faq/
 
To redeem your NFT. 
  1. Open Upstream, tap Investor, NFT, NFT Redeem, and enter the digital coupon (NFT) ticker symbol JUPWDC. 
  2. Tap ‘Redeem.’
  3. Upon successful redemption, you will be sent, via push notification, a unique redemption code. You may also find this redemption code in your message center by navigating to the Home Screen on the Upstream app, tapping the settings icon, then Message Center. The digital coupon will be removed from your Upstream portfolio and be replaced with a receipt NFT. Enter this unique redemption code here

UPSTREAM BENEFITS

  • Next generation market. Upstream, a MERJ Exchange Market, is the first regulated exchange to be powered by blockchain technology. As a blockchain-powered market, Upstream features a transparent orderbook which does not permit short selling or other market manipulations.
  • Invest with digital currency and fiat. Securely trade and instantly settle investments in USDC stablecoin or fiat using a variety of user-friendly trading tools.
  • Web3 technology. Upstream’s non-custodial platform features high-tech, high-touch onboarding, user-friendly trading tools, and transparency enforced by Web3 blockchain technology for international traders to trade securities conveniently and efficiently.
  • Digital Coupon Potential. Upstream enables issuers to issue digital coupons to reward shareholders of record for their support. These digital coupons (NFTs) allow the holder to redeem the coupon for the issuers’ products, services, experiences or events.
  • FDIC Insurance. Upstream accounts, U.S. and non-U.S., are FDIC-insured up to $250,000.
  • Streamlined on/off Ramps. Cryptocurrency holders enjoy a streamlined on/off-ramp to/from popular cryptocurrency exchange platforms. U.S. Dollar holders enjoy a fiat on/off-ramp to or from any U.S. or int’l bank when they sell their shares.
  • Full Sovereign Exchange. Upstream is a MERJ Exchange Market. MERJ is an affiliate of the World Federation of Exchanges. As a fully regulated overseas stock exchange, Upstream is a peer to the OTC markets (i.e. Upstream is not a mini-market like an ATS or MTF). This means qualified issuers may cross-list Upstream securities in other global markets.

 

HOW DO I TRANSFER SHARES TO UPSTREAM?

* Share deposits available globally, including U.S. and Canadian citizens and permanent residents.

Depositing your shares into Upstream is easy! Upstream can accept the shares that you hold in your current brokerage account, shares that are held at the transfer agent in digital book entry, or your physical stock certificate. It’s also easy to move your shares out of Upstream back to US markets. Here’s how to deposit your shares, step by step.

CLICK HERE FOR STEP-BY-STEP INSTRUCTIONS.

 

HOW DO I PURCHASE SHARES ON UPSTREAM?

Note: U.S. and Canadian citizens and permanent residents may not purchase shares. U.S. and Canadian citizens will only be able to trade in securities they currently own, that have been listed on Upstream, for liquidation purposes only.

Ready to trade now? Download Upstream on your preferred app store, create an Upstream account with just a password, and instantly fund your account up to $1600 with PayPal or a credit card. You can fund more using fiat or USDC. Then complete a simple KYC process to begin trading on Upstream.

Full steps below:

  1. DOWNLOAD UPSTREAM and tap Sign Up. This will create your blockchain profile and ‘signing key’.
  2. FUND YOUR ACCOUNT. Instantly fund using Credit, Debit, PayPal, or USDC. Tap Investor, Fund My Account, then tap your desired funding method. You may also initiate a wire or transfer from your bank using deposits to Upstream accounts, U.S. and non-U.S., are FDIC-insured up to $250,000.
  3. COMPLETE KYC. To complete KYC identity verification, tap the settings icon in the top right of the navigation, then tap KYC. Be sure to have a valid form of ID handy.
  4. PURCHASE SHARES. Navigate to Market and find the listing, tap Buy, enter the number of shares you’d like to purchase and tap Buy. Simply navigate to the Portfolio to find your shares.

*Payments from a bank: If you haven’t already completed KYC identity verification in the app or didn’t select ‘Bank’ as the ‘Deposit From’ option on the payment details page when you completed KYC initially, please go through KYC again. On the payment details page, change the ‘Deposit From’ method by holding and scrolling “Card” until you reach “Bank.” Enter your bank details and intended deposit. Note that the intended deposit doesn’t automatically pull your funds. You will need to initiate a wire or transfer using the details provided via email after your KYC is approved.

 

INFORMATION ON COMMEMORATIVE NFTs

WHAT IS A COMMEMORATIVE NFT?

To commemorate the dual listing on Upstream, we’re offering commemorative NFTs to all our supporters. NFTs are digital tokens that represent ownership of a unique digital item. When you buy an NFT, you gain ownership for that virtual or physical asset on the blockchain, typically the Ethereum blockchain, which you can choose to hold or trade.

WHO CAN CLAIM A COMMEMORATIVE NFT?

Anyone can claim a free commemorative NFT.

HOW CAN I CLAIM A COMMEMORATIVE NFT?

All supporters are allowed to claim our commemorative NFT. Claim Code: JUPW

How to claim free commemorative NFTs:

  1. DOWNLOAD UPSTREAM and tap Sign Up.
  2. CLAIM NFT. Open Upstream, Tap Investor, NFT, NFT Claim, and Enter Claim Code JUPW.
  3. HOLD OR TRADE NFT. Supporters will receive a push notification and find their NFT in their Upstream portfolio.

 

DISCLAIMERS

Commemorative Dual Listing NFTs received have no economic value, royalties, equity ownership, or dividends. NFTs are for utility, collection, and display only.

*U.S. investors are not permitted to purchase Upstream listed securities. U.S. and Canadian citizens will only be able to trade in securities they currently own, that have been listed on Upstream, for liquidation purposes only.

This site shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted.

If funding Upstream with an ACH or wire bank payment, users must complete Upstream’s in-app KYC process to get their new, FDIC insured, Upstream U.S. bank account details via email. Users may then initiate a funds-transfer from their bank or financial institution to this new U.S. Dollar bank account. If you haven’t completed KYC yet or didn’t select ‘Bank’ as the ‘Deposit From’ option when you completed the process initially, then please go through KYC again selecting the ‘Bank’ payment method. Users may complete the simple KYC process by tapping the settings icon and the KYC option inside the Upstream app.

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, and a full member of ANNA. MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All brokerage services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.

Forward-Looking Statements

This communication contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) loss of one or more key executives or brand ambassadors; and (iv) changes in legal or regulatory requirements in the markets in which we operate. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Jupiter Wellness Inc. was founded in 2018. 

Jupiter Wellness is a publicly traded company listed on Nasdaq under the ticker symbol JUPW. 

You can reach out to our investor relations team directly by calling our main number, +1 (561) 244-7100, or by emailing investors@jupiterwellness.com.

You can view information on our corporate news and financial reports by visiting the News section of our website and following our company announcements as they are made.

Jupiter Wellness Inc. is headquartered in Jupiter, Florida.

Jupiter Wellness Inc. is incorporated under the laws of the State of Delaware.

Jupiter Wellness fiscal year end is December 31.

For SEC Filings from Jupiter Wellness Inc. please reference CIK#: 0001760903.

Currently, Jupiter Wellness Inc. does not pay dividends.

Currently, Jupiter Wellness Inc. does not have a direct stock purchase plan.

Jupiter Wellness Inc.’ auditor is M&K CPAS PLLC.

V Stock Transfer, LLC

18 Lafayette Place
Woodmere, NY 11598
Ph: (212) 828-8436
Email: info@vstocktransfer.com

Jupiter Wellness Inc.’ legal counsel is Sichenzia Ross Ference LLP.

Jupiter Wellness Inc. Investor Relations
+1 (561) 244-7100
investors@jupiterwellness.com

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