Being a customer? That’s so 2022. You deserve to be a partner. So if you shop with us, you’ll be able to earn stocks in our company.
Receive stocks for buying scrubs that you normally would.
Stocks, shipping, returns, & private events
As a partner, you will have a voice in the direction of Ouragins.
the ultimate rewards program
Anytime you shop with (or even talk about) a business, you are helping it to grow. At Ouragins, we believe you deserve to grow right along with us. That's why we are giving away stocks to our customers simply for shopping with us.
The Elite Program is the ultimate rewards program that gives you a piece of the company for buying the scrubs that you already need to buy for your shifts.
how to become an elite member.
Becoming Elite is simple!
Just place an order and use the same email address for your future purchases. We'll track all of your points using that account.
So... what do I get?
You get 1 Point for every dollar spent.
Points can be redeemed for discounts anytime or for stocks in Ouragins at the end of each fiscal year. Stay signed into your Elite account to keep track of your points and gain unheard-of rewards.
Point Redemption for Stocks
Meet these point totals in your account at the end of each fiscal year to have the following shares transferred to your brokerage account:
- 250 points will be eligible for 20 shares in Ouragins
- 500 points will be eligible for an additional 30 shares in Ouragins for a total of 50 shares in Ouragins
- 1000 points will be eligible for an additional 75 shares in Ouragins for a total of 125 shares in Ouragins.
Point Redemption for Discount
100 points can be redeemed for a $15 discount on your next purchase. To use your points as a discount off your next purchase, email Ouragins Customer Support at email@example.com
If you redeem your points for discounts, the spent points will be deducted from your total and cannot be converted into stocks at the end of the year.
Note: By participating in the Ouragins Elite Program, you agree to our terms of service.
how the elite program got started.
Before we started Ouragins, we were looking for a way to support healthcare workers across the U.S. After all, they’ve done so much—not just during the pandemic, but also in our actual lives. We looked into a few different charities, organizations, fundraising events. However, one thing that kept coming up in our conversations was just how much money healthcare workers spend on their education and gear, only to end up saddled with debt. We wanted to revolutionize the system from the top, down.
So we had an idea. At our core, we design scrubs using advanced antimicrobial technologies, extremely comfortable fabric, and stylish designs. And, we're the only scrubs brand co-owned by thousands of healthcare professionals just like you.
When we created Ouragins, we wanted to find ways to make a significant difference in the lives of healthcare professionals and give back to a community that already gives so much to others. What we came up with was to give you the most valuable thing we have — a piece of the company. As an Ouragins Elite member and our earliest supporter, you’ll be joining us right at the start of our journey, so why not ride up front with us?
Nope! Just shop as you normally would and you will receive your stocks at the end of the year depending on how much you have spent.
Ouragins stock currently has a valuation of $1.47 per share.
You have until the end of each fiscal year to accrue points for stocks.
At the conclusion of the year, you will receive an email from KoreConX (our transfer agent) to set up your account and process your stocks.
The stocks that you receive in Ouragins will be Restricted Stock Units (RSU). These RSUs do not require a financial transaction to occur to transfer the stocks to another party. Unlike a stock option, you do not have to purchase these stocks. There is no strike price associated with RSUs. These types of stock are given to you upon completion of your performance clause.
No, there are no fees associated with these stocks. As long as you meet the spending requirements within our store, you will receive the stocks without any additional fees.
Yes. Under normal federal income tax rules, anyone receiving Restricted Stock Units is not taxed at the time of the grant. Instead, you will be taxed at vesting, when the restrictions lapse. In these circumstances, you would need to pay statutory minimum taxes as determined at vesting but can defer payment of all other taxes until the time of distribution, when you actually take receipt of the shares. The amount of income subject to tax is the difference between the fair market value of the grant at the time of vesting, minus the amount paid for the grant, if any. We suggest that you speak with your accountant to determine the best options.