Eventer 1A

Equity
The new Belgian photo sharing app based on geolocation
€149,900
total amount raised
  • Backed by over 70 investors
  • Eligible for a tax reduction
This campaign has been closed

1. Existing shareholders


Before the capital increase in which MyMIcroInvest Finance will participate at the end of the offer, the entrepreneurs of EVENTER jointly hold 100% of the shares of the company while the external investors hold jointly 0% of the shares.

2. Forecasted capital increase


The capital increase to which MyMicroInvest Finance will participate is part of a broader funding of EVENTER considered between 100,000 EUR and 200,000 EUR.

This funding will be allocated as follows :

  • Between minimum 50,000 EUR and maximum 99,900 EUR will be subscribed by MyMicroInvest Finance based on the results of the issuing Notes ;
  • A minimum of 50,000 EUR and a maximum of 150,000 EUR will be invested by other investors, i.e business angels.

The value of the company before this increase in capital is presently estimated to be a maximum of 850,000 EUR. Following this increase in capital, the value of the company will be between 950,000 EUR and 1,050,000 EUR, meaning an estimated valuation of 850,000 EUR before increase of capital plus between 100,000 EUR and 200,000 EUR of new money brought in.

The table below indicates the distribution of the shares of the company following this capital increase on the basis of the following assumptions:

  • MyMicroInvest Finance will subscribe the maximum amount of 99,900 EUR;
  • The other investors, including the entrepreneurs, will subscribe the minimum amount that is allotted them, i.e. 50,000 EUR.


The table below presents the percentages of the capital held by the EVENTER account of MyMicroInvest Finance depending on the results of the Notes issue (i.e., a minimum of 50,000 EUR and maximum of 99,900 EUR) and the minimum and maximum amounts contributed by the other investors (i.e., a minimum of 50,000 EUR and a maximum of 150,000 EUR).


It is to be noted that the entrepreneurs foresee to issue dilutive instuments (stock option plan, warrants), but only to the extent that the shares distributed account for a maximum of 10% of the share capital of Eventer to date.