|CARL Inc., Offering|
|Private Placement||Convertible Bonds|
|Use of funds||Expansion|
|Key Market Data|
|Price per Bond||€10,000|
|Number of Bonds for sale||300|
|Company Valuation||US$ 91million|
|Redemption||Capital plus One Hundred percent in 5 years|
|Fiscal Year end||31st December|
|Main Shareholders||Management team|
CARL Inc., €3m Convertible Bonds offering
Introduction: CARL has designed a new app that’s dedicated to finding the best hedge funds that offer retail investment options. It bundles these funds into a “fund of funds” and allows accredited investors to manage their portfolio of hedge funds.
Objective: CARL is on a mission to tear down barriers to access and democratize quantitative hedge funds investing in order to provide as many investors as possible with the most sophisticated technological investment opportunities, so that they can both benefit from the most profitable investment opportunities in the market and minimize their own risk through a diversified portfolio.
Opportunity: FinTech innovations are impacting many verticals of the financial services industry. This includes the hedge fund industry, which may look very different in the years to come. FinTech start-ups now offer hedge fund managers the ability to not only get the market sentiment across hundreds of media outlets globally but also across social media networks, thus empowering a fund manager to understand the market sentiment and assist in the decision-making process.
Purpose of Offer: CARL intend to use the net proceeds from sale of the securities for expansion of our business