YouScribe 3A

Convertible loan
The biggest digital library in Europe and Africa
€546,808
total amount raised
This campaign ended

Issuance Program


  • Launch new countries (Congo DRC, Burkina Faso, Mali, Morocco, Guinea) to promote the B2B2C channel. This requires investing on the technical level (customer journey and billing systems) and editorial (local catalogs sourcing and editorial personalisation)
  • Boost B2B sales development with key accounts (companies, schools, universities, institutions), This requires setting up distribution partnerships in targeted countries (investment on sales force).

Convertible bonds


The purpose of the issuance of 2019 convertible bonds is a bond issue of a maximal nominal amount of 600 000 € as a result of the issuance of a maximum number of 3000 bonds convertible into ordinary shares of the bond issuer. The par value per share is 2 €.

  • 150 000 € will be offered by SPREDS FINANCE as part of a specific campaign
  • A minimum of 350 000 € and a maximum of 450 000 € will be subscribed by historical investors of the company and/or by one or two new investors

The par value of the convertible bond is set at 200 euros.

Lending period: termination date 31st of December 2022 (date of maturity), date upon which the convertible bonds must be fully amortised at the latest 30 days after the date of issue.

Interests:

  • Interest rate: 9%/year on the nominal value based on 365 days
  • Payment of interest: at the latest the 30th June of each year

Conditions for the conversion:

  • No non-conversion premium
  • Conversion at the investor's discretion: The purpose of the issue of the convertible bonds 2019 B is to issue a convertible bond, in one or more tranches, for a maximum nominal amount of 600,000 euros, by issuing a number of 3,000 bonds convertible into ordinary shares of Youscribe with a nominal value of two euros per share.
  • Terms of "OCA 2019": refer to the attached document