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FullPACNasdaq Reserved: GOTV Buy Shares at $5.00 →
Regulation A+ Offering · The September 4 Closing

Own the pure-play on the U.S. Election Industry
before it goes public

FullPAC is an AI-powered platform political operatives run on, behind 6,000+ campaigns across every level of American government, with an ambition to become the first publicly traded, pure-play election technology platform. Q1 revenue is up 611% year over year, the company has applied to list on Nasdaq under GOTV, and this offering is the window to buy in at $5.00 per share. Listing is not guaranteed.

Buy Shares at $5.00 → Read the Offering Circular

Listing is not guaranteed and no public trading market for our shares exists today. Our audited financial statements disclose substantial doubt about our ability to continue as a going concern — see our Form 1-K.

+611%
7.1× year over year
Revenue growth, three months ended March 31 Per Form S-1/A filed July 29, 2026
Chairman’s Letter

Our final push.

“You already know our industry. You’ve held it in your hand... A $20 billion industry, and we believe the public has never had a pure-play way to own it. Until now.”

Read the letter: Our Final Push →
A letter from Founder, Chairman & CEO Travis Trawick · September 1, 2026
The Offer

Invest while the offering is open. One price — $5.00 a share.

Regulation A+ opens this offering beyond institutions, at the same offering price, before any listing occurs. Investment limits apply to some investors — see below.

01 / BUY NOW

Buy shares at $5.00 today

Every subscriber in this Regulation A offering pays the same $5.00, retail or institutional. Subscriptions accepted by 11:59 a.m. PT on September 4, 2026 will be included in the September 4 closing, the last closing before Labor Day. No broker relationship required. Investors in the Company’s earlier private placements acquired shares on different terms, described in our Form S-1/A. Non-accredited investors are subject to Tier 2 investment limits — see the Offering Circular.

Buy Shares at $5.00 → Read the Offering Circular

02 / THE LISTING

We have applied to list on Nasdaq

The offering is qualified, the ticker is reserved, and the listing application is filed. Satisfying Nasdaq’s initial listing standards also depends on our round-lot holder count, the market value of our unrestricted publicly held shares, and effectiveness of our resale registration statement. Progress toward those thresholds is not a minimum offering condition; closings may occur on a rolling basis whether or not they are met.

Listing is not guaranteed; see the path to Nasdaq below.

03 / THE HORIZON

The cycles ahead

Our business tracks the federal election calendar — the 2026 midterm, on pace to be the most expensive political advertising cycle on record, then 2028, the next presidential cycle. FullPAC is built to run both. Our revenue is highly cyclical and concentrates in election years; see the risk factors in the Offering Circular. Listing is not guaranteed.

Forward-looking; see the risk factors in the Offering Circular.

The U.S. Election Industry

A record $11.6 billion is about to land on this map

This is the machinery FullPAC serves — live, and interactive. Drill from the national map into congressional districts, state senate and house seats, and counties. Toggle between the candidates on the 2026 ballot and the officials who hold office today.

Latest Candidate Filings for Public Office · snapshot at page load

Candidate filing data via CandidateFilings.com.

Sources: 2026 projected political advertising spend per AdImpact ($11.6B, June 2026). Elected-office and local-government counts per U.S. Census of Governments and Ballotpedia. Candidate coverage spans 14 states and expands continuously; current-official data is national. FullPAC has served 6,000+ campaigns — a small fraction of the offices on this map. That is the runway.

The Revenue Machine

How a ~$20 billion market reaches FullPAC.

FullPAC puts AI into a market that still runs on spreadsheets and phone banks — message generation, audience scoring, deliverability, and research. Every dollar on the map above reaches a campaign that needs to move voters — and the platform sells every tool that does it, to the consultants and campaigns spending it.

See the platform in action at gotv.com →
Our strategy
Consultants bring campaigns campaigns buy outreach, data, and intel volume is intended to drive unit costs down lower costs win more consultants winners graduate to GOVT.com the next race starts on FullPAC

Forward-looking; see the risk factors in the Offering Circular.

01
Outreach
Peer-to-peer texting, voice, direct mail, and CTV — priced per message and per unit, already serving 6,000+ campaigns and political organizations. The core register, and the one the GOTV peak runs through.
02
Data & targeting
Voter data, universes, and polling: the targeting spine every other product draws from, sold to the same campaigns that send through it.
03
Intelligence · AI
GOTV Intel: AI-driven opposition research and due-diligence, delivered with Sixtyfour, sold per report — national organizations, press outlets, and campaigns are already buying reports.
04
Creative · AI
Advocacy Lab: AI-optimized campaign messaging and graphics on subscription at $34/month or $288/year — already generating recurring subscription revenue against a $45,000 purchase price.
05
Governing
GOVT.com: elected officials communicating with constituents at scale, year-round — recurring, election-agnostic revenue between Novembers. The addressable base is ~500,000 elected offices across 90,000+ units of government.

We monetize the seat, not just the race.

Every filing in the live feed above is a campaign that will need to reach voters. Winners can become year-round governing accounts on GOVT.com — when the race ends, the product changes rather than the relationship.

Why FullPAC

When the stakes matter most, campaigns turn to FullPAC

This is not a pre-revenue platform waiting for a market. It is infrastructure that has already run the highest-stakes voter contact programs in the country.

Our audited financial statements state that substantial doubt exists about our ability to continue as a going concern. See Management’s Discussion and Analysis and Note 2 to the consolidated financial statements in our Form 1-K for fiscal year 2025.

6,000+
Campaigns & organizations served
800+
Onboarded so far in 2026
4,300+
State & local campaigns
900+
PACs, parties & advocacy orgs
250+
Consultants
400+
Federal & statewide races
250+
U.S. House campaigns

Figures as of August 18, 2026. Plus ballot-measure initiatives across more than 15 states.

GOTV Victory

Helped win the most expensive U.S. Senate race in history.

GOTV Victory

Helped secure confirmation of a U.S. Supreme Court Justice in a highly contentious process.

GOTV Victory

Helped an ETF with $478B AUM obtain quorum at a shareholders meeting in Dec 2025.

The Playbook

Consolidation and distribution, already proven

The strategy is not theoretical. One acquisition has already returned its purchase price; one partnership has already expanded the product line through our existing channel.

CONSOLIDATION

Advocacy Lab: acquired for $45,000

FullPAC acquired Advocacy Lab, an AI platform that optimizes campaign messaging and graphics, in October 2025 for $45,000 in cash, plus founder compensation arrangements described in our SEC filings.

It serves hundreds of paying clients at $34/month or $288/year, and is already generating subscription and cross-sell revenue — and continues to create value for shareholders. That is the acquisition playbook the roll-up strategy is built on, demonstrated at small scale.

DISTRIBUTION

Sixtyfour: exclusive partnership

In June 2026 FullPAC announced an exclusive distribution partnership with Sixtyfour — subject to the carve-outs described in our SEC filings — powering GOTV Intel reports: AI-driven opposition research and due-diligence on candidates and elected officials.

National organizations, press outlets, and campaigns are already paying for GOTV Intel reports — an expanded offering through the channel we already have. It is the first proof that the channel carries more than one product line.

COUNTER-CYCLICAL
GOVT.com

GovText: revenue between elections

FullPAC acquired key assets of Govtext, LLC and launched GOVT.com in January 2026 — a purpose-built platform for federal, state, and local elected officials to communicate with constituents at scale.

Campaign revenue crests every November; governing never stops. Officials communicate year-round, every year — recurring, election-agnostic revenue that smooths the cyclicality of campaign spending across FullPAC's financials. The addressable base: ~500,000 elected offices across 90,000+ units of government.

Market Timing

2026 is on pace to be the most expensive political advertising cycle on record

Through June 1, 2026, cumulative political ad spending reached $4.0 billion — 46% ahead of where the 2024 presidential cycle stood at the same point (AdImpact, published June 11, 2026). Midterms are outrunning a presidential year.

The 2026 midterm is outspending the last presidential race

Cumulative political advertising by month-end · off-year through Election Day · billions of dollars
Source: AdImpact Updated Political Projection Report (2025–2026), published June 2026. The 2024 cycle stood at $2.7B through the same point. Figures are advertising spend only and exclude other campaign expenditures. Cycle totals and June 1 positions are as reported; intra-cycle monthly shape is illustrative of cumulative pacing.
The Window

Two-thirds of the cycle's spending hasn't happened yet

Political advertising doesn't spread evenly across a cycle — it detonates at the end. Historically, August through November accounts for 58–67% of all political ad spend in a given cycle, with October alone responsible for 28–36%. That window opens now.

Jan 2025 – Jul 2026 · 19 months86% of the days
Aug 1 – Nov 314% of the days
You are here
The calendar · share of days
Jan 1, 2025Drawn to scale · the window is 95 days — 14% of the calendarElection Day · Nov 3, 2026
The money · share of cycle ad spend
Jan 2025 – Jul 2026~33–42% of spend
Aug – Sepwindow total: 58–67%
October alone28–36% of all cycle spend
 Same timeline, redrawn by dollars · widths at midpoints of AdImpact's historical ranges 
RAISING ESTIMATES

TX U.S. Senate: $446M, the cycle's most expensive race

After the most expensive primary on record ($135M), AdImpact raised estimates for TX's U.S. Senate race 3.6×. Six Senate races are estimated to deploy $300M+ in the 2026 cycle.

A RISING TIDE

California is projected to surpass the pre-2026 gubernatorial spending record, with four more races approaching it

Mid-decade redistricting has drawn heavy spending into affected downballot races this cycle. Gubernatorial spending overall is projected at $2.4B, up 25% from roughly $1.9B last cycle (AdImpact, June 2026).

BLUE SKIES

NRSC v. FEC just removed a ceiling

The Supreme Court's July 2026 decision struck down limits on coordinated party spending — freeing party committees to spend directly alongside their candidates. FullPAC believes this decision expands the market opportunity for its services.

Sources: AdImpact Updated Political Projection Report (2025–2026), published June 2026; FullPAC press release, July 7, 2026. Downballot spending is separately projected at a record $3.0B, with 121 statewide ballot measures certified across 37 states as of June 1.

Capturing Market Share

Where the ~$20 billion actually sits

GOTV leads the channel — 800+ campaigns and organizations onboarded in 2026 and a significant share of all political text volume in the U.S. Election Industry. GOTV's strategy: capture more of each campaign's budget by selling more services through the GOTV Platform, at a scale that drives marginal costs down.

U.S. election & campaign spending, 2026 cycle · ~$19.3 billion measured, drawn to scale
FEDERAL · $14.8B— 76% of measured spend STATE · $4.5B $7.7B Candidate spending $4.5B Outside / Super PAC $2.6B Party cmtes. $2.6B State candidates $1.3B Ballot measures $0.6B State parties ? Local · 90,000+ units of government. No national estimate exists — which is the point.
Swipe to explore →

Every measured segment can be captured through the GOTV Platform. Peer-to-peer texting, voice, voter data, polling, direct mail, CTV, and creative — already serving 6,000+ campaigns and political organizations. GOTV's opportunity is not entering the market; it is widening what its channel carries.

GOTV's Growth Strategy
01
Own the distribution channel
GOTV's relationships with thousands of campaigns are the asset.
02
Expand high-margin offerings
Sell more services through a channel that is already built and already trusted. The mix is moving FullPAC's way: CTV has grown from 12% of cycle ad spend in 2022 to 23% today ($2.7B), per AdImpact.
03
Use scale to cut marginal cost
Volume across thousands of campaigns lowers unit economics competitors cannot match.
04
Consolidate a fragmented industry
Acquire synergistic, high-margin specialists to enhance the functionality of the GOTV Platform to provide more services to campaigns, capture more spend, accelerating FullPAC's revenue growth.

Measured total reflects FullPAC's sum of the segments shown (~$19.3 billion); the widely cited ~$20 billion estimate also includes the local layer, for which no reliable national figure exists. Sources: OpenSecrets; Ballotpedia; AdImpact Updated Political Projection Report (June 2026).

The Long Curve

Federal election spending is growing rapidly

And this excludes state, local, and issue-focused spending entirely — the categories where FullPAC does much of its business.

Spending has grown roughly ninefold since 1998

Total per two-year cycle, congressional and presidential races · nominal dollars · state, local and issue spending excluded
Source: OpenSecrets, Cost of Election, nominal dollars, retrieved August 2026. 2020 includes approximately $1.46B of combined self-funding by two presidential candidates.

The next point on this curve is 2028 — the next presidential cycle. On a comparable basis — excluding the one-time 2020 self-funding noted above — every presidential cycle on record has outspent the one before it, and we expect 2028 to be the most expensive election cycle on record. FullPAC intends to be public through all of it.

Forward-looking; see the risk factors in the Offering Circular.

Structural Advantage

We're capitalists, not ideologues.
GOTV doesn't see red or blue — only green.

This is not a positioning statement. It is the single most important risk characteristic of the business, and it is what makes the asset ownable by institutions.

×2 MARKET

Twice the addressable market

A vendor that serves one side of American politics can sell to half the market. FullPAC's viewpoint-neutral platform is used by campaigns of all political orientations, at every level of government.

ELECTION-AGNOSTIC

No partisan outcome risk

Revenue does not depend on which party wins, which incumbent survives, or which way a given cycle breaks. Spending happens on both sides of every contested race — and the losing side often spends more.

COMPLIANCE MOAT

Compliance is the barrier

A TCPA/FCC compliance framework, a highly specialized platform for this niche, and resilient infrastructure are what let a platform operate in high-stakes races at all. That framework is expensive to build and slow to replicate.

The Opportunity

A record cycle is arriving. No public company is built to own it.

Billions of dollars will be flowing into political campaigns and PACs in the coming weeks as spending in the U.S. Election Industry surges to new all-time highs — and until now, public-market investors have had no clean way to own it.

Forward-looking; see the risk factors in the Offering Circular.

01 / THE MARKET

~$20 billion, and structurally growing

Total U.S. election and campaign spending in 2026 approaches $20B across federal, state, and local contests. Federal spending alone has grown roughly ninefold since 1998.

Growth is supported by the removal of limits on coordinated party spending, expanding prediction markets, and mid-decade redistricting that keeps the map itself in motion — every new district line forces campaigns to re-introduce themselves to new voters.

02 / THE GAP

A missing asset class

Investors seeking exposure to election spending today buy diversified media, telecom, or data conglomerates where campaign revenue is a rounding error.

The vast majority of GOTV's revenue base is campaign and government communications. There is minimal dilution of the thesis.

03 / THE WINDOW

Listing application filed

The offering is qualified and the ticker is reserved. The remaining work is finishing the raise and clearing Nasdaq's initial listing standards.

A category with exactly one word in it, and a company already answering to it.

Capital Structure

A pristine equity cap table

No options outstanding, no convertible notes, no preferred stock; 10,380 placement-agent warrants struck at $6.25, and insider selling contractually restricted through the 2026 midterms.

21,758,300 common shares outstanding · as of July 10, 2026
15,068,263 · 69.25%Directors & executive officers — five people
6,690,037 · 30.75%All other holders
Directors, officers, and certain other holders have signed lock-up/leak-out agreements running through the 2026 midterm elections. Sales are prohibited at or below $6.00 per share; above that, sales are capped at 1% to 4% of weekly trading volume, with the cap rising with the share price, and shares may be sold without restriction at $25.01 and above. One negotiated waiver permitted a founder share sale in April 2026, as described in the Form S-1/A.

What the structure does not contain is the unusual part: no options outstanding, no convertible securities, no preferred stock. Beyond outstanding shares, the Company has reserved 507,500 shares for issuance under its Founders Share Plan, and 10,380 shares for placement-agent warrants struck at $6.25, a quarter above the $5.00 offering price.†

† Plain-vanilla warrants; exercisable only above the offering price, so they cannot dilute below it. Share figures per Form S-1/A (July 29, 2026), as of July 10, 2026.

Leadership

The people behind FullPAC have held senior leadership roles at public companies before

Fourteen years of campaign-technology operations, paired with directors drawn from capital markets, corporate governance, and Nasdaq-listed boards.

Management
Travis Trawick
Co-Founder, Chairman & CEO
Co-founded RoboCent in 2013 — among the leading practitioners in political outreach and winning competitive races.
Isaac Dietrich
Co-Founder, CFO & Executive Director
Previously CFO of two Nasdaq companies, where he was instrumental in raising $170M+ and closing transformative acquisitions.
Hector Garcia
Chief Revenue Officer
Enterprise telecom sales leader who manages client acquisition and directs strategic outreach ahead of every election cycle.
Daniel Flowers
CTO
Previously CEO and VP of DevOps at Issuetrak, where he started as an IT administrator in 2012 and was steadily promoted.
Ryan Deal
General Counsel & Secretary
Formerly with Sullivan & Cromwell LLP, advising public and pre-IPO companies on securities law and corporate governance.
Board of Directors
Dr. Joanna Dodd Massey†
Lead Independent Director · NCG Committee Chair
Corporate governance expert who led M&A communications at Lionsgate, CBS, and Discovery, and has served as a director of NYSE American- and Nasdaq-listed companies.
Robert Steele†
Independent Director · Compensation Committee Chair
Founder and Chief Financial Officer of Datacentrex, Inc. (formerly Thumzup Media Corporation), a Nasdaq-listed digital-asset and advertising company.
Jason Adelman†
Independent Director · Audit Committee Chair
Seasoned microcap expert with experience as an investment banker, director, and investor in transactions that have created significant shareholder value.

† Effective upon Nasdaq listing. The three independent directors are directors-elect and are not seated until listing occurs.

Strategic Advisor
Robert Wolf
Strategic Advisor & Investor
Founder of 32 Advisors, Chairman of the AI-driven messaging software platform Community, and former CEO & Chairman of UBS Americas.
Path to Nasdaq

What has happened, and what remains

The mechanics, stated plainly. FullPAC has reserved the ticker GOTV on the Nasdaq Capital Market. Reserving a ticker is not a listing, and listing is not guaranteed.

Sep 8, 2025

Regulation A offering statement filed

Form 1-A filed with the SEC, followed by amendments in September and November 2025.

Complete
Dec 8, 2025

Offering qualified by the SEC

The SEC issued its Notice of Qualification. The post-qualification offering circular was filed December 9, 2025. Qualification is not SEC approval of the merits of the offering.

Complete
Jun 2, 2026

Resale registration statement filed

A Form S-1 covering 3,915,995 shares was filed (File No. 333-296437), amended July 14 and July 29, 2026. Its effectiveness is a key step toward establishing the market value of unrestricted publicly held shares that Nasdaq requires.

In registration
Target
Sep 4, 2026

Satisfy Nasdaq initial listing standards

To list on Nasdaq, GOTV must meet Nasdaq’s initial-listing standards, including its stockholder requirements. Proceeds are intended to retire outstanding debt — principally redemption of the outstanding Seed Notes, a fixed $6.39 million across every raise scenario — and to accelerate growth into the 2026 midterms. See the use-of-proceeds table in the Offering Circular.

Status

Obtain Nasdaq approval to list

We have reserved the symbol “GOTV” with The Nasdaq Stock Market LLC and have applied to list our common stock on the Nasdaq Capital Market.

Status

Begin trading as GOTV

If and when Nasdaq approves the listing and trading commences. No listing application has been approved and no trading market for the shares currently exists.

The Thesis, In One Line
Most companies spend a decade teaching the world what their name means. Ours was in the vocabulary before we opened.

Listing is not guaranteed and no public trading market for our shares exists today. Our audited financial statements disclose substantial doubt about our ability to continue as a going concern — see our Form 1-K.

Buy Shares at $5.00 → Investor Relations Read the Offering Circular