TERM SHEET
SCALABLE GLOBAL SOLUTIONS JSC
SEED INVESTMENT ROUND INFORMATION
| Company Full Name: | Scalable Global Solutions Joint Stock Company for Services | |
| Legal Form: | JSC [Joint Stock Company] | |
| HQ Address: | Ulica grada Vukovara 284, 10000 Zagreb, Croatia | |
| VAT Number: | HR85470532354 | |
| Incorporation date: | 19.1.2017. (LLC), 29.7.2020. (JSC) | |
| Articles of Incorporation (Link): | Scalable Global Solutions JSC | |
| Target Investment Amount: | €5.000.000 | |
| Investors: | Shareholder: | Investment Amounts |
| Markus Borlinghaus, CEO | ||
| Other investors | €595.021 | |
| Type of Security: | Seed Regular Share Type A (“Seed Series”) | |
| Pre-Money Valuation: | €10.000.000 | |
| Capital Structure Following the Seed Investment Round: | ||
| Number of Shares: | 140.000 | |
| Existing holders of Regular Shares: | 100% | |
| Current equity round minimum: | 15% | |
| Price per Share (in Seed round): | €75,68 | |
| Use of Proceeds: |
The Company shall use the proceeds from this financing round for working capital purposes (expanding the department teams, especially Sales, Marketing, Channel program, GTM, and R&D. We also plan to develop a new model of SGS ONE and SGS Workforce Apps). |
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| Dividends: | The company will not pay dividends on its shares of Regular Stock in this financing round but instead use the profit to reinvest and for strengthening the business stability. | |