LYKE GMBH - Overview

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Legal notice: The acquisition of this security is associated with considerable risks and can lead to the complete loss of the invested assets. The expected return is not guaranteed and may be lower than expected.
lyke digitizes the handicraft together with well-known manufacturers from the construction industry.


Important documents for download
IA
Investment Analysis
PD
Pitch Deck

B-Shares: Equity as a security 

What are B-shares?

B-shares is a new investment form on Companisto, which - like the A-shares - was created for professional investors. B-shares are securities issued by a special purpose vehicle (“SPV”) created specifically for the financing round. The B-shares represent a share in the start-up (i.e. the target company Lyke GmbH).

Investors thus acquire an indirect share in the start-up: The GmbH shares of the B-share investors of the Lyke GmbH are not held by the B-share investors themselves, but purchased in bundles by the SPV. The SPV becomes shareholder of the start-up and passes on the dividends and exit proceeds from the GmbH shares to the B-share investors. In addition, the SPV represents the B-share investors in shareholder resolutions. The B-share investors vote beforehand in a pooling vote on shareholder resolutions of the start-up, and the SPV then votes uniformly for the B-share investors at the shareholders' meeting.

Both the B-shares issued by the SPV and acquired by the investors as well as the SPV's share in the start-up are equity capital within the meaning of the German Commercial Code ("HGB").

 

What is the difference between A-shares and B-shares?

A-shares and B-shares both indirectly convey voting rights in shareholders' meetings. The GmbH shares are held by the A-share investors themselves and they agree in a pooling agreement to have their voting rights exercised only uniformly by a pool leader. In the case of the B shares, the GmbH shares are held by the SPV, which exercises its voting rights in accordance with the investors' instructions.

The subscription of A-shares requires the (one-time) granting of a notarised power of attorney, while B-shares can be subscribed online (without granting power of attorney). Only A-share investments can be sponsored with the INVEST grant.

 

 
A-Shares
B-Shares
Shareholder position
Direct shareholder
SPV becomes shareholder of start-up and passes on dividends and exit proceeds to investors
Shareholder voting rights
Yes, as direct shareholder; voting rights are pooled and are exercised uniformly by pool leaders on the basis of a power of attorney.
SPV exercises its voting rights uniformly in accordance with investors' instructions
Subscription process
One-time notarized power of attorney required
Online subscription
(no notarized power of attorney required)
INVEST grant
Available
Not available
Minimum investment
€ 10,000
€ 1,000

 

How does the investment in B-shares work?

B-shares can be subscribed directly online (a notarised power of attorney is not required). Any amount of investment can be selected (minimum investment: €10,000). There will be no bidding process.

 

B-shares are depositable through Clearstream connection

The B-shares are depositable securities with their own WKN (Securities Identification Number) and ISIN (International Securities Identification Number). Through a Clearstream connection, the B-shares can be deposited and held in any securities account of a bank or an online broker. The deposit of the B-shares into your account will be initiated by Companisto after the completion of the financing round. All we need is your securities account number and your bank sort code or BIC.

Note

This document is used to advertise the security. A basic information sheet has been published for this security offer. This can be downloaded from www.companisto-trust-service.de/ii/bib. The information about the companies on the Companisto website is provided exclusively by the companies.

B-Shares
Depositable
Equity
€ 759,252

Invested

€ 4,114

Average Investment

Please note
The acquisition of the offered securities and investments is associated with considerable risks and can lead to the complete loss of the invested assets. The expected yield is not guaranteed and may be lower. Whether it is a security or an asset investment can be seen in the description of the investment opportunity.
Contact Us
If you have any questions about investing on Companisto, please contact our service team:


Toll-free phone number for investors calling from Germany:
0800 - 100 267 0

Companisto investors hotline:
+49(0)30 - 346 491 493

We are available Monday through Friday between 9 a.m. – 6 p.m.

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