Fromanteel Watches

Fundraise details

ISIN Code NL0015001A37
Funding goal €200,750.00
Fixed price €55.00
Minimum investment €990.00
Maximum investment €200,750.00
Opening date November 10 2023
Closing date April 2 2024

Investor fees

Transaction fees primary market 0.00%

 

General description

Designed in Amsterdam, Fromanteel watches are exquisite Swiss-Made timepieces that come without the exorbitant price tag. We term this as Affordable Luxury.

Emerging from a personal necessity and the mutual passion for watches shared by the two founders, Fromanteel was established in 2009. With over a decade of proven success, the company is now poised for expansion. We possess a lucid vision for the future and growth of Fromanteel.

Being a community-owned and community-driven enterprise, we are excited to extend an invitation for you to partake in our success and become a part of a community filled with individuals who share your enthusiasm.

So, seize this chance to become a co-owner of a renowned watch brand brimming with immense growth potential!

YOUR INVESTMENT UNLOCKS VARIOUS BENEFITS

Investments start from €990, and based on your investment amount, we offer some enticing perks:

€1,045 | 19 shares | Co-Ownership of Fromanteel & €100 Fromanteel Voucher

€2,035 | 37 shares | Co-Ownership of Fromanteel & €200 Fromanteel Voucher

€5,005 | 91 shares | Co-Ownership of Fromanteel & Special Edition ‘Investor Watch’

€10,010 | 182 shares | Co-Ownership of Fromanteel & Automatic Special Edition ‘Investor Watch’

€25,025 | 455 shares | Co-Ownership of Fromanteel & Automatic Special Edition ‘Investor Watch’ + Dinner with the Founder, Alfredo Silva.

Highlights

  • De website van Fromanteel B.V. is https://www.fromanteel-watches.com
  • Beheer van de uitgevende instelling gebeurt op: https://www.nxchange.com/venue/fromanteel
  • U belegt in een certificaat met vermogen op naam in Fromanteel Investment Coöperatie U.A. (certificaten Fromanteel).
  • De nominale waarde van een aandeel in Fromanteel B.V. is €1. Per aandeel worden 300 certificaten Fromanteel uitgegeven.
  • De prijs van de certificaten Fromanteel is €55,-
  • Deelname is mogelijk vanaf 18 certificaten, ofwel €990.
  • Over uw inleg betaalt u geen emissiekosten.

Risks and challenges

In general, the higher the offered or expected return, the higher the risk. The offered or expected return on the Fromanteel certificates depends on the profit that Fromanteel makes. There's a chance that the profit is lower than expected or that there's even a loss, which could result in you receiving a lower return or even losing your investment or part of it. The main reasons why Fromanteel might not be able to pay the offered or expected return or even your investment are:

The anticipated revenue growth is not achieved due to less effective market operations or excessively high marketing costs (acquisition costs).
The market for Fromanteel watches develops less positively than expected, for whatever reason, or the competition is greater than anticipated.

The purchase costs rise more than expected and more than can be passed on in the selling price.

The Fromanteel certificates can be traded via the NXChange investment portal, after the conclusion of this financing round, accessible at https://www.nxchange.com/venue/fromanteel. Fromanteel expects this functionality to be live by the end of the 4th quarter of 2023. Nevertheless, there might be times when there's no buyer for your Fromanteel certificate if you want to divest your investment prematurely. This means you run the risk of not being able to get your money back when you want or having to hold onto your investment longer or sell your Fromanteel certificate at a lower price.

There are also other significant risks. More information about these risks can be found in the AFM information document.

Fundraise details

ISIN Code NL0015001A37
Funding goal €200,750.00
Fixed price €55.00
Minimum investment €990.00
Maximum investment €200,750.00
Opening date November 10 2023
Closing date April 2 2024

Investor fees

Transaction fees primary market 0.00%

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