At present, the capital of HydroBox SCRL/CVBA amounts to 300,000 EUR. It is represented by 750 shares. HydroBox SCRL/CVBA plan to transform into a SA/NV before this Capital Increase.
The capital increase in which Spreds Finance will participate with other investors fits into a broader financing of HydroBox planned to be between 100,000 EUR and 367,500 EUR. 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 100,000 EUR and 367,500 EUR at a pre-money valuation of 1,350,000 EUR.
- Between 50,000 EUR and 317,500 EUR shall be contributed by others investors (e.g. business angels, …) at a pre-money valuation of 1,350,000 EUR.
Prior to the Capital Increase, HydroBox has been valued at 1,350,000 EUR. The value of HydroBox following the Capital Increase can be estimated between 1,450,000 EUR and 1,717,500 EUR, i.e. the premoney valuation of HydroBox increased by the amount of 100,000 EUR to 367,500 EUR contributed in the Capital Increase.