Has Seedrs funding been finalized?

Hey there! Yesterday, I received “share certificate” email from Seedrs that confirms that I’m the owner of the Evarvest shares. When I log in to my Seedrs account I can see Evarvest in my investment portfolio. Does it mean that the Seedrs funding has been finally completed?

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Yup, that’s it, we’re now proud owners of Evarvest shares :slight_smile:

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We’re super excited you have you all on board! @bartosz.w & @m :blush:

There are still a few things that need to be completed between us and Seedrs before the shares are registered on the register of legal entities but @StephBrennan will come back to you shortly with an update. We’re getting closer! :grinning:

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Hi @bartosz.w & @m, thanks again for backing our round and great to hear you have your share certificates!

We’re still waiting on a couple of documents for Seedrs so we can finalise the registration of shares on our end. Once we have these documents, it will take about 2 weeks for the registration of the shares to show on the Register of Legal Entities in Lithuania.

I’ll let you know when they’re showing on the Register!

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I got it too :slightly_smiling_face:

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Glad to have you as part of the team @Alfa!

We haven’t received the details of all the investors from Seedrs just yet but we’re looking forward to getting to know you all!

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@Alfa thanks again for backing our round!

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Glad to be part of it😁

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:+1::+1::muscle:

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Glad to have you on board! @Theviper97! :facepunch::rocket:

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Any updates? Did you get the funds?

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Thanks @Theviper97 for backing our round!

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Yes! We have confirmation of the funds and that the shares have been registered! I’ll be posting an update on the Seedrs page soon :slight_smile: We’ve just started the process to increase the share capital to the authorised capital amount required for the license - this takes a few weeks and then we can finally submit our license application! :facepunch:

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Hey Steph, could you give us a quick update on the progress - has the capital been increased, and has the license application been finalised?

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Hey @m sorry for the delay in sharing an update.

The capital has been increased and we submitted our license application last year - a great way to close out 2019!

The Bank of Lithuania started reviewing our license application on the 2nd Jan - so far, the feedback is positive. More information from Seedrs has been requested - we’re working with Seedrs to get the additional information the Bank of Lithuania requires from them as a matter of priority.

I’ll be sharing an update before the end of January on the Seedrs page & in our newsletter recapping 2019 and sharing our objective for 2020.

Hope you had a great Christmas & New Year!!

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Great to know, and thanks for the quick update! Hope you had great holidays too, and wish you all the best in 2020!

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