RETURN?
An
annual compound return of 10%* results as follows.
By way of illustration:
- After 3 years = 33%
- After 4 years = 47%
- After 5 years = 61%
OBJECTION CAPITAL ROUND?
COVESS nv (“Covess”) secured its first licensing agreement for high-pressure applications in May this year and anticipates closing a second agreement by year-end. In 2025 the company expects to finalize at least three more licensing contracts.
However, before royalties from these contracts begin to flow, machinery must be delivered to each country, and the certification process must be completed.
This typically takes around 18 to 24 months, and we need to bridge this period financially until royalties are generated. Furthermore we aim to expand our test centre.
DETAILS
End date of subscription: 31 October 2024.
All further details including risks can be read in the
Information Note which can be consulted below.
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