Convertible Loan Notes – SGS JSC
Conditions

Short (Startup Boost)

Medium (Growth Accelerator)

Long (Expansion Financing)

Extended (Scale-up Capital)

Duration
(months)
12 12 18 24
Amount €50.000 €100.000 €150.000 €250.000
Annual Interest Rate 5,5% 6,5% 7% 9%
Payback of loan, together with interest At month 13 At month 13 At month 19 At month 25
Optional Convertible Offer The total loan together with interest will be converted into shares The total loan together with interest will be converted into shares The total loan together with interest will be converted into shares The total loan together with interest will be converted into shares
Share Price Company valuation in month 13 with a 10% discount on share price Company valuation in month 13 with a 15% discount on share price Company valuation in month 19 with a 17% discount on share price Company valuation in month 25 with a 25% discount on share price