At present, the capital of TREEDY’S SPRL/BVBA amounts to 20,385 EUR and is entirely paid in. It is represented by 20,385 shares.
The capital increase in which Spreds Finance will participate with other investors fits into a broader financing of TREEDY's SPRL/BVBA planned to be between 500,000 EUR and 1,500,000 EUR (the “Capital Increase”). This financing can be broken down as follows:
- Between minimum 50,000 EUR and 250,000 EUR (depending on the result of the issue of the Notes) shall be contributed by Spreds Finance in a capital increase of between 500,000 EUR and 1,500,000 EUR at a pre-money valuation of 4,000,000 EUR.
- Between 250,000 EUR and 1,450,000 EUR shall be contributed by others investors (business angels, …) at a pre-money valuation of 4,000,000 EUR. 475,000 EUR have already been committed by investors. TREEDY'S has also been granted a subordinated loan of 200,000 EUR.
Prior to the Capital Increase, TREEDY’S SPRL/BVBA has been valued at 4,000,000 EUR. The value of TREEDY’S SPRL/BVBA following the Capital Increase can be estimated between 4,500,000 EUR and 5,500,000 EUR, i.e. the premoney valuation of TREEDY’S SPRL/BVBA increased by the amount of 500,000 EUR to 1,500,000 EUR contributed in the Capital Increase.