Tivitas Interactive Does The Right Thing In Canceling Their Kickstarter Campaign

Could you imagine having raised over $100,000 on Kickstarter only to cancel the campaign with less than 48 hours to go? That is precisely what Tivitas Interactive has done, and they deserve a lot of credit for it.

The campaign was for the Sinister multi-platform game pad, pictured below…

tivitas

They shared the reasoning for the move in a recent backer update…

 A supplier of a critical component has advised us that the supply chain will be disrupted for an unforeseeable amount of time. Due to confidentiality, we are unable to identify the component or the supplier at this time. This has been a difficult decision for us to reach as we’re sure there will be those who will be as disappointed as we are. It is because of your support however, that we feel we need to be honest and true to the community and delay until we solve this dilemma.

They continue by explaining that they have secured additional funding to finalize the design. Still, the company realized there was going to be a risk of late delivery and backed out of the campaign.

Some crowdfunding backers took issue with the move, calling the project a “waste of time” and questioning why Tivitas didn’t spend more time and energy looking for a different supplier. Those arguments are flat wrong.

Having said that, it seems most backers just want their discounted products. To that end, Tivitas has said they will provide discounts to Kickstarter backers regardless.

If more crowdfunders pulled the plug when they smelled smoke, perhaps we wouldn’t have stats like these. Bravo, Tivitas.


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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025

Share this graph
Number of Filings132Prior 128 +3.1%
Target Raise, Total$3.44BPrior $3.56B -3.5%
This YTDYear priorChange
Filings 132 128 +3.1%
Target raise $3.44B $3.56B -3.5%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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