Specialist adventure travel, media and lifestyle platform
Business Highlights
Fundraising history | This round | |
---|---|---|
Type
|
- | Equity - Pre-emption |
Last price changed
|
24 May 2022 | 09 May 2023 |
Valuation
|
£13,941,183.05 | £19,346,206.61 |
Share price
|
£0.19 | £0.27 |
Share price change (%)
|
-0.10% | 38.77% |
Tax relief
|
- | EIS |
Idea
Preemption details
The company is raising up to a total of £900k from new investors and existing shareholders. The amount raised to date is reflected above under the “Total Raised” section. This campaign gives investors the ability to take their pre-emption rights in the round.
As this is a pre-emption campaign limited information is provided and we will release funds to the company even if does not raise its maximum target. More information can be found by downloading the pitch deck or reviewing the business's post investment page. This information has not been reviewed or approved by Seedrs.
Share Classes
Seedrs investors currently hold Ordinary Shares and will be receiving Ordinary shares for this round.
The Company has two share classes, Preferred Shares and Ordinary Shares.
The Preferred Shares carry a 1x non-participating liquidation and exit preference. On a liquidation or exit event, the proceeds will be distributed as follows:
1. Preferred shareholders will receive their initial investment amount.
2. The balance, if any, will then be distributed to Ordinary shareholders.
If Preferred shareholders would receive more on a pro rata distribution to all shareholders, they would have the option to have funds distributed in that way.
The Preferred Shares have only been issued to a lead investor in a previous round. All other investors in this round, including Seedrs investors, will receive Ordinary Shares.
Investment Multiple
The share price for the round is £0.2663. So that investors can be issued a whole number of shares we have set the investment multiple at £26.63, such that investors will receive 100 shares for every £26.63 invested.
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If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
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