Back To Wood 2A

Tax Shelter
Equity Belgium 93 investors
You dream. We build.
€1,000,000
Pre money valuation
33.3%
Equity offered
€118,500
Amount raised
0 days
Remaining
€50,000
Minimum target
237% funded
This campaign ended and is now negotiating with select business angels
Contact us if you are interested in a private meeting with this entrepreneur.

The Notes shall only be issued if the following, cumulative, conditions precedent to the subscription of Spreds Finance to the Capital Increase of BACKTOWOOD as listed below are fulfilled within 6 months of the Closing Date:

  • The total amount of firm commitments of subscription to this Capital Increase reaches at least €50,000 and does not exceed €500,000.
  • The pre money valuation of BACKTOWOOD does not exceed €1,000,000.
  • Spreds Finance participates in the Capital Increase for an amount equal to the result of the subscription to the Notes of the Back To Wood 2A Compartment.

Furthermore, Spreds Finance is granted a tag along right with regards to one or more shareholders of BACKTOWOOD in the sense that, in case of transfer of shares by the designated shareholder (including the sale, transfer, exchange, etc. of shares) Spreds Finance will be able to transfer its shares in BACKTOWOOD at the same time, in the same proportion and under the same conditions.

Spreds Finance checks if such conditions precedent are fulfilled at the latest 6 months after the Closing Date (“Effective Date”). In case one or several of these conditions is not fulfilled on the Effective Date, the Notes will not be issued and the Investors will be reimbursed their respective Subscription Amount no later than 15 business days from the Effective Date.

TAX SHELTER 45%

This business qualifies for the startup tax shelter. If you meet the conditions, 45% of your investment will be reducted from your personal income taxes. Read more…
Please note €2,500 remains available for Tax Shelter investments.