Bayu plans to incorporate as a public limited company before the Capital Increase. This capital increase, in which Spreds Finance will participate with other investors, is part of a broader Bayu financing planned between € 100,000 and € 125,000.
This funding can be distributed as follows:
- Between a minimum of € 50,000 and a minimum of € 75,000 (depending on the results of the issuance of the Bayu Compartment's Participating Notes) will be paid by Spreds Finance in a capital increase between € 100,000 and € 125,000 at a pre-money valuation of € 800,000.
- Between € 25,000 and € 75,000 will be paid by other investors for a pre-money valuation of €800,000.
Before the Capital Increase, Bayu was valued at € 800,000. Bayu's value after the Capital Increase can be estimated between € 900,000 and € 925,000, i.e. the pre-money valuation of Bayu increased by an amount between € 100,000 and € 125,000 to be contributed to the Capital Increase.