The YOKUU 4A compartment of Spreds Finance would participate in the financing of PROBIBEL BV/SRL planned between € 440,000 and €1,533,938.36. (This includes the conversion of convertible loans during this capital increase) (the "Capital Increase").
 
Of the total amount raised during the period of the offer, Spreds Finance will use an amount of € 1 per Participatory Notes for these purposes, subject to the fulfilment of the conditions for such placement.

 

 

The minimum subscription amount per investor is €500.
 The minimum offering amount is €25,000.
 
 The Notes will only be issued if, within 6 months from the Closing Date, the following listed cumulative and conditions precedent to the subscription of shares of PROBIBEL by Spreds Finance (see below) are met:
 
 - The total amount of commitments to subscribe to this Capital Increase is at least €440,000 and not more than €1,533,938.36. (This includes the conversion of convertible loans during this capital increase). 
 
 - The Capital increase is based on a maximum pre-money valuation of €8,200,000.
 
 - The YOKUU 4A compartment of Spreds Finance participates in the Capital Increase in an amount equal to the result of the subscription of Notes of the YOKUU 4A compartment. This amount must be a minimum of €25,000.
 
 Spreds Finance verifies that such conditions precedent are met no later than 6 months after the Closing Date ("Effective Date"), i.e. 18/03/2026. In the event that one or more of these conditions are not met by the Effective Date, the Notes will not be issued and the Subscription Amount paid by the Investors respectively will be refunded no later than 15 business days after the Effective Date.

 

 

The subscription period begins on 18/06/2025 and ends on the Closing Date, which is in principle 18/09/2025.
 
 It may be decided to extend the subscription period by 3 months, until 18/12/2025 at the latest, if the total amount of subscriptions on 18/09/2025 is at least €20,000.
 
The offer may be closed early once the minimum offering amount, of €25,000, has been reached. Early closure of the offer may also be decided if the total amount of orders contained in the subscription forms signed and transferred to Spreds reaches the maximum amount of the offer.
 
The Participatory Notes will be issued on the date of the capital increase, if the conditions for issuing these Participatory Notes are met. That is, at the latest on 18/03/2026 if the subscription period ends on 18/06/2025. This may be earlier (if the offering closes early) or later (if the subscription period is extended).

The Scorecard is a tool designed to help investors make more informed decisions when considering investments in start-up companies. It provides an overview of a company's current situation. Developed by Spreds, it offers an objective score based on a defined set of key factors, often identified by academic research as indicators of a start-up's potential for success. The documents provided by PROBIBEL were received by Spreds and made available to (potential) investors. The content of these documents was not analyzed by Spreds nor Spreds Finance.

it is currently anticipated that existing shareholders will invest at least €55,000 during this financing round. It is possible that some of these funds will be invested by entrepreneurs. 

As of today, € 370,000 has also already been confirmed by business angels. 

In addition, it is also important to note that the investors of PROBIBEL's first crowdfunding campaign can also still exercise their preferential right, so this could also change the percentages (slightly). 

It is also important to note that as part of this financing round, funds will be raised via convertible loan. Thus, Trividend will contribute another €100,000, and this under the same conditions as a previously granted convertible loan by them, and PFS Group will in principle convert a convertible loan into shares. The principal amount of this convertible loan is € 283,938.36. 

Note that these convertible loans will result in dilution if converted into shares after the YOKUU 4A compartment of Spreds Finance makes its contribution. It is not possible at this time to calculate the impact of the dilution as it depends on several factors that are not known at this time (given that they are still being negotiated between the parties involved): conversion into shares or repayment of the loan (no dilution in the latter case), date of conversion into shares, price used per share (with a discount, as is customary for convertible loans), and so on. 

Finally, your attention is also drawn to the existence of an ESOP (stock option plan) which, when exercised in full, will result in a collective dilution (in other words, for all existing shareholders combined) of less than 10%.