I. Existing shareholders
Before the capital increase in which Spreds Finance will participate at the end of the offer, the founders and Startup Factory jointly hold 100 % of the shares of the company.
I. Capital increase
The capital increase to which Spreds Finance will participate will be distributed as follows:
- Between a minimum of 80,000 EUR and a maximum of 110,000 EUR will be subscribed by Spreds Finance based on the result of the issue of the Notes.
- The value of the company before this capital increase is currently evaluated at a minimum of EUR 561,666 and a maximum of EUR 623,333. On the basis of this estimated value, the value of the company after this capital increase will be between EUR 666,666 and EUR 733,333.
- Whelp will subscribe for convertible loans of up to EUR 200,000, which it intends to repay before conversion, including the corresponding early redemption payments.