mySWOOOP | Updates

By Jan-Lucca Sielski

mySWOOOP receives six-digit follow-up financing

Public
Public

Dear Companists,

Our last update was published only a few days ago and yet several events have occurred at mySWOOOP in the meantime. By now, 98 Companists have already come together to accompany mySWOOOP in upcoming stages. A total of more than EUR 70,000 have already been invested.

We would also like to explain to you below what role the newly invested capital of the Melchers Group plays and for what purpose it is to be used.

 

Sum and scope of the follow-up financing

The follow-up financing, which amounts to EUR 200,000, was paid directly into the free capital reserve and is unrestrictedly available to the company.

Furthermore, a significant amount of the existing shareholder loan granted to mySWOOOP by the Melchers Group was converted into equity by a shareholders’ resolution and was also transferred to free reserves.  As a result of this measure, the remaining loan amount was reduced by EUR 300,000 from EUR 662,500 to EUR 362,500, which also significantly improved mySWOOOP GmbH's balance sheet capital structure.

 

Allocation of funds

The new investment will be used as planned to accelerate our ongoing online marketing campaigns and thus to expand our online purchasing activities accordingly.

In the coming weeks, we will also complete two software modules for an even more comprehensive analysis of market prices for products to be purchased. To this end, we will shortly be adding another full-stack developer to our development team, who is expected to join mySWOOOP as a new employee at the beginning of May.

Additional funds will also be used to launch the stationary purchasing partner program (Ankaufpartner Programm - APP). Another exciting update will be coming soon.

 

Best greetings,
Jan-Lucca



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The shares of the investors on Companisto are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the investors (Companists) – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.

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The investments are provided and issued by the individual companies. Companisto is neither the provider nor the issuer of the investments, but solely the internet service platform.

€ 172,100

Invested

204

Companists

6.49 %

Share Offered

Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used. The expected yield is not guaranteed and may turn out to be lower.
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