THE LAST LIGHT
In a small coastal town, a lighthouse keeper discovers letters that reveal a century-old family secret.
Why this deal
- Canadian federal + provincial credits cover 31% of budget
- Festival-strategy comparables averaged 2.4x on sub-$5M dramas
- Completion bond secured
Lead investor
Harbourline Media Partnersinvested $300K
“Tax-credit coverage plus a bonded production made this a disciplined risk profile.”
The SPV structure
Vehicle
FF Last Light SPV, LLC
Jurisdiction
Delaware, USA
Framework
Reg CF
Security
revenue share
Waterfall share
38% of revenue
Escrow
North Capital Private Securities
You are purchasing units of the SPV — a single-purpose vehicle whose only asset is its contractual stake in this project's revenue waterfall. Distributions flow pro-rata to unitholders after the SPV receives waterfall payments.
Use of funds
The team
Maria Santos
Producer
TIFF ’24 official selection
Market compsCineComps™
Cohort-level performance for projects with a similar model, genre, and distribution approach.
Cohort figures pending publication
Sub-$5M festival-first dramas
2018–2024 cohort · major-festival premieres · streamer acquisition path
Cohort figures pending publication
Canadian incentive-stacked indies
Federal + provincial credits covering 28%+ of budget
Cohort comparables are in development; figures are not published yet pending documented methodology and regulatory review. Past performance, when published, will not predict any specific outcome. Demo disclosure
Updates
2026-05-20
Completion bond executed
Bond documents available in the data room.
Risk factors
- • Independent dramas rely heavily on festival outcomes.
- • You may lose your entire investment.
- • Units are illiquid until a liquidity event.
Investing in film and media involves substantial risk, including total loss of capital. Review the full offering documents before investing. Nothing on this page is investment, legal, or tax advice.
Platform role: FILM.FUND is a technology platform earning subscription and transaction fees — we are not the issuer of this offering. All representations and warranties about the project are made by the creator (issuer) in the offering documents; investors represent their own eligibility under the stated framework. How responsibility is divided
9,500 of 28,000 units remaining · executed via licensed placement partner · funds held by independent escrow until close
Investor perks
Offering docs in the data room
Escrow: North Capital Private Securities
FF Last Light SPV, LLC
$1.9Mof $2.8M · 32d left