I. Existing shareholders
Before the capital increase in which Spreds Finance will participate at the end of the offer, the entrepreneurs of TC4A jointly hold 100% of the shares of the company.
II. Forecasted capital increase
The capital increase to which Spreds Finance will participate is part of a broader funding of TC4A considered between 1,500,000 EUR and 2,350,000 EUR.
This funding will be allocated as follow :
- Between minimum 100,000 EUR and maximum 299,500 EUR will be subscribed by Spreds Finance based on the results of the issuing Notes ;
- Please bear in mind that for the present campaign, the total financing that can be obtained through the crowd amounts to 300,000 EUR, but is however limited to a subscription per investor of 5,000 EUR, as per the exemption of art. 18, §1, k) of the Law of 16 June 2006 on the Public Offering of Investment Instruments and the Admission of Investment Instruments to Trading on a Regulated Market.
- A minimum of 1,400,000 EUR and a maximum of 2,250,000 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 50,000 EUR, ie. the capital injected at its establishment. TC4A will be valued at the money raised.
Following this increase in capital, the value of the company will be between 1,550,000 EUR and 2,400,000 EUR, meaning an estimated valuation of 50,000 EUR before increase of capital plus between 1,500,000 EUR and 2,350,000 EUR of new money brought in. This capital increase will be at a subscription price per share of 500 EUR.
The table below presents the percentages of the capital held by the TC4A account of Spreds Finance depending on the results of the Notes issue (i.e., a minimum of 100,000 EUR and maximum of 299,500 EUR) and the minimum and maximum amounts contributed by the other investors (i.e., a minimum of 1,400,000 EUR and a maximum of 2,250,000 EUR).