0001493152-25-028383.txt : 20251218 0001493152-25-028383.hdr.sgml : 20251218 20251218171533 ACCESSION NUMBER: 0001493152-25-028383 CONFORMED SUBMISSION TYPE: D PUBLIC DOCUMENT COUNT: 1 ITEM INFORMATION: Rule 506(b) provides a "safer harbor" for a private offering FILED AS OF DATE: 20251218 DATE AS OF CHANGE: 20251218 EFFECTIVENESS DATE: 20251218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snail, Inc. CENTRAL INDEX KEY: 0001886894 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 271157839 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: D SEC ACT: 1933 Act SEC FILE NUMBER: 021-567420 FILM NUMBER: 251583994 BUSINESS ADDRESS: STREET 1: 12049 JEFFERSON BOULEVARD CITY: CULVER CITY STATE: CA ZIP: 90230 BUSINESS PHONE: 1 (310) 928-7428 MAIL ADDRESS: STREET 1: 12049 JEFFERSON BOULEVARD CITY: CULVER CITY STATE: CA ZIP: 90230 FORMER COMPANY: FORMER CONFORMED NAME: Snail Games USA, Inc. DATE OF NAME CHANGE: 20211006 D 1 primary_doc.xml X0708 D LIVE 0001886894 Snail, Inc. 2049 JEFFERSON BOULEVARD CULVER CITY CA CALIFORNIA 90230 (310) 988-0643 DELAWARE None Snail Games USA, Inc. Corporation true Hai Shi 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Executive Officer Director Chief Executive Officer, Chief Strategy Officer and Chairman of the Board of Directors Heidy Chow 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Executive Officer Director Chief Financial Officer and Director Jim Tsai 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Director Peter Kang 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Director Ying Zhou 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Director Neil Foster 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Director Sandra Pundmann 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Director Ryan Jamieson 12049 Jefferson Boulevard Culver City CA CALIFORNIA 90230 Director Other Technology Decline to Disclose 06b false 2025-10-24 false true true true true Convertible Promissory Notes convertible, at any time at the election of the holder, into shares of the Company's Class A common stock. false 0 None None None None None None None XX Unknown None DE DELAWARE NY NEW YORK false 7700000 3300000 4400000 Up to $7,700,000 of Convertible Promissory Notes (the "Notes") may be issued. On October 24, 2025 and November 26, 2025, Snail, Inc. issued two Notes to two investors in the aggregate principal amount of $3,300,000, which included a 10% original issuance false 2 0 0 No sales commissions or finder's fees were paid by the Company in connection with the offering of the Notes; however, the Company paid $21,500 to cover the expenses of the legal counsel to the purchasers of the Notes. 0 While no offering proceeds are set aside for payments to the named executive officers or directors, it is possible that some proceeds to be used as working capital will be used indirectly for paying salaries to employees, including executive officers. false Snail, Inc. /s/ Heidy Chow Heidy Chow Chief Financial Officer 2025-12-18