GelatoPack

[ LEGAL NOTICE ]

IMPRINT

Information according to § 5 TMG

GelatoPack GmbH
Karlstrasse 19
53919 Weilerswist
Germany

Telefon: +49 – 800 – 373 62 68

Represented by:
Andreas Siebrecht

Disclaimer:

Liability for contents

The contents of our pages have been created with the utmost care. However, we cannot guarantee the accuracy, completeness and timeliness of the content. As a service provider, we are responsible for our own content on these pages in accordance with § 7 paragraph 1 TMG under the general laws. According to §§ 8 to 10 TMG, however, we are not obligated as a service provider to monitor transmitted or stored third-party information or to investigate circumstances that indicate illegal activity. Obligations to remove or block the use of information under the general laws remain unaffected. However, liability in this regard is only possible from the point in time at which a concrete infringement of the law becomes known. If we become aware of any such infringements, we will remove the relevant content immediately.

Liability for links

Our offer contains links to external websites of third parties, on whose contents we have no influence. Therefore, we cannot assume any liability for these external contents. The respective provider or operator of the page is always responsible for the content of the linked page. The linked pages were checked for possible legal violations at the time of linking. Illegal contents were not recognizable at the time of linking. However, a permanent control of the contents of the linked pages is not reasonable without concrete evidence of a violation of the law. If we become aware of any infringements, we will remove such links immediately.

Copyright

The content and works created by the site operators on these pages are subject to German copyright law. Duplication, processing, distribution, or any form of commercialization of such material beyond the scope of the copyright law shall require the prior written consent of its respective author or creator. Downloads and copies of this site are only permitted for private, non-commercial use. Insofar as the content on this site was not created by the operator, the copyrights of third parties are respected. Third-party content is specifically identified as such. Should you nevertheless become aware of a copyright infringement, please inform us accordingly. If we become aware of any infringements, we will remove such content immediately.

Data protection

The use of our website is generally possible without providing personal data. If personal data is collected on our part (such as name, address or e-mail addresses), it is on a voluntary basis, where possible. This data will not be passed on to third parties without your express consent.
We point out that data transmission over the Internet (e.g. communication by e-mail) may offer security gaps. Complete protection of data against access by third parties is not possible.
The use of contact data published within the framework of the imprint obligation by third parties for the purpose of sending unsolicited advertising and information material is hereby expressly prohibited. The operators of the pages expressly reserve the right to take legal action in the event of the unsolicited sending of advertising information, such as spam e-mails.

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GelatoPack GmbH has 25,000 shares at EUR 1 each, convertible loan amount e.g. EUR 100,000, term 3 years, agreed valuation discount 5%.

A further financing round takes place before the term of the convertible loan expires. In this round, GelatoPack GmbH is valued at EUR 1 million. One share therefore has a value of EUR 40 (EUR 1,000,000 / 25,000 shares = EUR 40).

The convertible lender is entitled to shares in the amount of his convertible loan, i.e. EUR 100,000. As agreed, he receives a valuation discount of 5%. Instead of EUR 40, a share therefore only costs him EUR 38. As he has to pay a nominal EUR 1 on each share as part of the capital increase, his price per share is ultimately reduced to EUR 37.

The total claim of the convertible lender (here EUR 100,000) is now divided by the price per share (EUR 37). This results in the number of shares that the convertible lender receives: in this case 2,702 shares, i.e. his pre-money shareholding is 10.81%.

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