EFTA00356144.pdf

From: "Don Spongberg" To:' • Subject: Vesselon Approved for Connecticut Angel Investor Tax Credit Date: Tue, 23 Dec 2014 21:50:44 +0000 If you have trouble viewing this email, read the online version. Spencer Trask's Vesselon qualifies for immediate tax credit made available for angel investors. Vessebn, Inc.'s application to be considered a "Qualified Connecticut Business" for purposes of the Connecticut Angel Investor Tax Credit program has been approved. Included in the recently passed Bill 5435, Public Act No. 10-75, is the Angel Investor Tax Credit. It allows angel investors who invest at least $25,000 in a Connecticut start-up business in approved sectors to receive an income tax credit equaling 25% of their investment. To learn more click here about this exciting offer. Spencer Trask hosts a Vesselon's Premiere Stroke Treatment Event with Industry Leaders Click here to view our Event Highlights. Dr. Joseph Schindler. of Va e University School of Medicine, discussed how Vesselon will enable treatment of patients at a much earlier phase. The evening was enhanced by the talents and inspiration provided by John Kawie. comedian and stroke survivor. Make sure to join us for our next industry event to learn about investment opportunities with Spencer Trask profound science and technology disruptions. EFTA00356144 Contact us for more information about this opportunity with Vesselon or any of our other portfolio companies. Best Regards, Don Spongberg Senior Managing Director Spencer Trask Ventures, Inc. Member FINR4 & SIPC 1700 E Putnam Ave, Old Greenwich, CT 06870 Phone: dspongberg&pe ncertrask.com Frequently Asked Questions and Answers: What is the Connecticut Angel Investor Tax Credit? Included in the recently passed Bill 5435, Public Act No. 10.75. is the Angel Investor Tax Credit. It allows angel investors who invest at least $25,000 in a Connecticut start-up business in approved sectors to receive an income tax credit equaling 25% of their investment. Are there limitations on the credit amount? Angel Investors may not receive a credit larger than $250,000. The credit cannot exceed the total income tax owed by the investor for that year. Furthermore, the Commissioner of Revenue Services may not reserve an aggregate amount of tax credits for all investors that exceeds $6,000,000 per year for fiscal years 2011 and 2012 and $3,000,000 for every subsequent year until fiscal year 2019 when authorization for the tax credit expires. Are there limitations on what can be done with the credit? The credits cannot be transferred to other taxpayers. How does an investor access the credits? An investor must first apply to CI to reserve tax credits. At this time the investor must identify the business to be invested in and the amount that is planning on being invested. When can the credit be claimed? Investors must claim the credit in the same year that he or she invested the funds; however, unused credits may be carried forward for up to 5 years. To learn more about Qualified Connecticut Businesses www.ctangeltaxcredit.com INVESTMENTS IN THIS OFFERING SHALL BE RESTRICTED SOLELY TO ACCREDITED INVESTORS THAT HAVE BEEN VERIFIED BY THE COMPANY AND THE PLACEMENT AGENT IN ACCORDANCE WITH RULE 506(c) UNDER THE SECURITIES ACT OF 1933. AS AMENDED. FOR INFORMATION PURPOSES ONLY. The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy any security in Vesselon. Inc. (the 'Company'). An offer can be made only pursuant to the Confidential Private Placement Memorandum of the Company. and only in states in which the offerng of the securities is registered. or is exempt from registration and EFTA00356145 only by broker-dealers authorized to do so. To the extent an inconsistency exists between this material and the Company's Confidential Private Placement Memorandum. dated July 30.2014. as the same may be amended. supplemented or otherwise modified from time to time (the -PPM-). the disclosure in the PPM shall control. This email message is for the sole use of the intended recipient and may contain confidential and privileged information. My unauthorized review. use. disclosure or distribution is prohibited. If you are not the intended recipient. please contact the sender by reply emai and destroy all copies of the original message. My views expressed in this message are those of the individual sender. except where the sender specifically states them to be the views of Spencer Trask Ventures. Inc. Click here to manage your email subscriptions. View the online version of this email. Spencer Trask Ventures, Inc. Member FINRA 8 SIPC 1140 Avenue of the Americas. 9th Floor. New York. NY 10036 1700 East Putnam Avenue. Suite 302. Old Greenwich. CT 06870 EFTA00356146