The STREETBREWERS 2A compartment of Spreds Finance would participate in the financing of STREETBREWERS BV/SRL planned between € 35,000 and € 349,000 (the "Capital Increase").

Of the total amount raised during the period of the offering, Spreds Finance will use an amount of €1 per Participatory Notes for these purposes, subject to the fulfilment of the conditions for such placement.

The minimum subscription amount per investor is €500 (excluding subscription costs).
The minimum offering amount is €25,000.

The Notes will only be issued if, within 6 months from the Closing Date, the following listed cumulative and conditions precedent to the subscription of shares of STREETBREWERS by Spreds Finance (see below) are met:

- The total amount of commitments to subscribe to this Capital Increase is at least € 35,000 and not more than € 349,500.

- The Capital increase is based on a maximum pre-money valuation of €2,400,000.

- The STREETBREWERS 2A compartment of Spreds Finance participates in the Capital Increase in an amount equal to the result of the subscription of Notes of the STREETBREWERS 2A compartment. This amount must be a minimum of €25,000.

Spreds Finance verifies that such conditions precedent are met no later than 6 months after the Closing Date ("Effective Date"), i.e. 21/11/2025. In the event that one or more of these conditions are not met by the Effective Date, the Notes will not be issued and the Subscription Amount paid by the Investors respectively will be refunded no later than 15 business days after the Effective Date.

The subscription period begins on 21/03/2025 and ends on the Closing Date, which is in principle 21/05/2025.

It may be decided to extend the subscription period by 4 months (until 21/09/2024 at the latest), if the total amount of subscriptions on 21/05/2023 is at least €20,000.

The offering may be closed early once the minimum offering amount, of €25,000, has been reached.

The Participatory Notes will be issued on the date of the capital increase, if the conditions for issuing these Participatory Notes are met. That is, at the latest on 21/11/2025 if the subscription period ends on 21/05/2025. This may be earlier (if the offering closes early) or later (if the subscription period is extended).

This investment is eligible for a tax deduction for Belgian investors under the tax shelter incentive for start-ups.

The deduction of up to 45% of the total Nominal Amount of the Notes invested will be applicable as the underlying assets are shares in a micro company.

This means that the total tax benefit will thus be a maximum of €0.45 per Note subscribed by the investor.

The current available tax shelter budget is €306,500.

However, investors are informed that existing shareholders still have the option to exercise their preferential rights and reinvest in STREETBREWERS until 02/04/2025. Their investments will also be able to take place under the Tax Shelter regime.

This means that the Tax Shelter budget available for this offer can be increased if existing shareholders do not subscribe (on time). Spreds will provide an update on 04/04/2025 on the available Tax Shelter budget for this offer (which is at least €306,500 in any event).
This update will be available here: https://www.spreds.com/compartments/10788-streetbrewers/deal. 

An existing shareholder will invest €10,000 in the next capital increase.

The Scorecard is a tool designed to help investors make more informed decisions when considering investments in start-up companies. It provides an overview of a company's current situation. Developed by Spreds, it offers an objective score based on a defined set of key factors, often identified by academic research as indicators of a start-up's potential for success. The documents provided by STREETBREWERS were received by Spreds and made available to (potential) investors. The content of these documents was not analyzed by Spreds nor Spreds Finance.