Desico  Desico (Investment platform)

DESI security token information:

  • Ticker: DESI
  • Token type: Security token
  • Blockchain: Ethereum
  • Protocol: ERC-20
  • Explorer: n/a
  • Total supply: 38,575,472
  • Supply offered: 1,023,018
  • Source code link: n/a

Desico STO information:

  • STO stage: STO
  • STO start date: 07 Nov 2018
  • STO end date: 25 Jan 2019
  • Soft cap: n/a
  • Hard cap: 767,264 EUR
  • Token price: 1.00 EUR
  • Discount options: Discount of 15% will be applied for STO
  • Min. investment: n/a
  • Max. investment: n/a

DESI security token investment features:

  • Regular payouts:

    Quarterly payouts.
    All emission of 38,575,472 DESICO Tokens will have a right to a revemnue of 12,5% of companies of DESICO group. The holder of one token will receive 12,5% / 38,575,472 of DESICO group companies revenue.
    Please note that revenues of the DESICO group companies refers only to the total external revenues of the DESICO group, i.e. the revenues which DESICO group companies will receive from the services provided to their clients (excluding value added tax).Thus,any amounts that are distributed within the DESICO group companies will not beconsidered as DESICO group revenues: such internally distributed amounts will be deducted when calculating total DESICO group revenues as a basis to the DESI Tokens payouts)

  • Voting rights:
    n/a
  • Equity rights:
    n/a
  • Debt right:
    n/a
  • Asset utilization rights:
    n/a
  • Buy-back option:

    UAB DESICO may redeem the DESI Tokens: not earlier than 5 years from the date of payment and delivery of the Tokens (on or about November 25th, 2018).
    In case of redemption, the redemption price is equal to: 3 * last year audited revenue * 12.5% + nominal value of DESI tokens of 1 EUR.
    Example: in 2028 audited annual revenue was 1000m EUR. In 2029 single token buyout price would be 3 * 1000,000,000 * 12.5% / 38,575,472 + 1 = 10.72 EUR

Legal information and regulations:

  • Offering registrations and exemptions:
    • Article 3(52)(3) of the Law on Markets in Financial Instruments of the Republic of Lithuania
    • Article 4 (44)(c) of the Directive 2014/65/EU of the European Parliament and of the Council
    n/a
  • Restricted countries:
    n/a
  • Other restrictions applicable to the offering:
    n/a
  • EDGAR database link: n/a
  • Investment memorandum:>
  • Legal opinion: n/a

Incorporated entity information:

  • Country of registration: Lithuania
  • Country of residence: n/a
  • Name: UAB Desico
  • Registration number: 04827865
  • Certificate of Incorporation: n/a
  • Legal address:
    A. Rotundo st. 5-102, Vilnius, the Republic of Lithuania
  • Mailing address:
    n/a

Team information: