Expected capital increase
The capital increase to which Spreds Finance will participate is part of a wider financing of Den Antwerpenaar SPRL/BVBA of between 100,000 EUR and 250,000 EUR.
This fundraising will be allocated as follows:
- Between minimum 50,000 EUR and maximum 200,000 EUR will be subscribed by Spreds Finance based on the results of the issuing Notes ;
- A minimum of 50,000 EUR and a maximum of 200,000 EUR will be invested by other investors, e.g. business angels or a fund.
The value of the company before this increase in capital is presently estimated to be a maximum of 950,000 EUR. Following this increase in capital, the value of the company will be between 1,050,000 EUR and 1,200,000 EUR, meaning an estimated valuation of 950,000 EUR before increase of capital plus between 100,000 EUR and 250,000 EUR of new money brought in.
The table below presents the percentages of the capital held by the Den Antwerpenaar Account of Spreds Finance depending on the results of the Notes issue (i.e., a minimum of 50,000 EUR and maximum of 200,000 EUR) and the amount contributed by the other investors (i.e., a minimum of 50,000 EUR and maximum of 200,000 EUR).