Sale of Swissgrid convertible bond / BKW is selling its convertible bond to Credit Suisse

Loan finance for a business that is later converted into share capital.

Seed Capital: $5,000 in non-returnable seed capital and access to a $5,000 convertible loan

Seed Capital:$5,000 in non-returnable seed capital and access to a $5,000 convertible loan

The crowdfunded capital is structured as an unsecured convertible loan with a 15% annual interest rate and a loan term of up to 24 months.

J&J has a 16% stake in the R&D side with an option to purchase another 16% in coming years.

Seed Capital: $5,000 in non-returnable seed capital and access to a $5,000 convertible loan

Seed Capital:$5,000 in non-returnable seed capital and access to a $5,000 convertible loan

J&J will initially hold a 16% stake in R&D NewCo and will have rights to an additional 16% of the company’s equity through a convertible note.

J&J will initially hold a 16 percent stake in R&D NewCo and will have rights to an additional 16 percent of the company’s equity through a convertible note.

J&J will hold a 16% stake in the new company, and has the right to later buy another 16%.

Seed Capital: $5,000 in non-returnable seed capital and access to a $5,000 convertible loan

J&J will hold an initial 16% stake in the latter, plus the rights to get a further 16% via a convertible debt issue.

J&J will initially hold a 16 percent stake in R&D NewCo and will have rights to an additional 16 percent of the company's equity through a convertible note.

Seed Capital:$5,000 in non-returnable seed capital and access to a $5,000 convertible loan.