Equity Initial Private Offer is the process whereby people invest in an early-stage unlisted company (a company that is not listed on a stock market) in exchange for shares in that company. A shareholder has partial ownership of a company and stands to profit on an Exit Event should the company continue to perform well and increase in value. The opposite is also true, so if the company fails investors can lose some, or all, of their investment.
Who can invest?
Anyone over the age of 18 from anywhere in the world. However, due to local laws and regulations, retail investors located in the USA, Canada and Japan will not be able to invest in Initial Private Offer.
Initial Private Offer in 2024 was not directed at or addressed to retail investors in Belgium, France, Germany or The Netherlands. Local laws and regulations restrict our ability to offer securities generally to the public in these countries without publishing a prospectus (or another information document) that is approved by the local regulator.
We have therefore decided that Initial Private Offer will not be directed at, or addressed to, the public (including retail investors) in those countries generally. We may, however, be able to make a limited offer, to up to 150 investors from Belgium, France, Germany Netherlands, USA, Canada & Japan. So, whilst you may indicate your interest in investing once the crowdfunding goes live, Mojo cannot guarantee that it will be able to make an offer of securities to you. We understand that this will be disappointing to our customers in those countries, and this is something we will consider for any future Initial Private Offer or CrowdFunding.
Note: Retail investors are individual investors (as opposed to institutional investors).
What happens after I invest?
Once the pitch reaches its target and closes, the completion process starts. At that point, all investors will receive a copy of the Articles of Association and electronic share certificates are issued.
Can I sell or transfer my shares?
As Mojo is a private company, the shares you are issued are not readily tradable, except in exceptional circumstances (such as a liquidity events or next crowdfunding), and in any case subject to all the restrictions set out in our Articles of Association.
As with any investment, you should remember that investing in shares carries an element of risk and there is no guarantee that a liquidity event will occur. You may not, therefore, have an opportunity to sell your shares and may lose your investment.
Your capital is at risk when you invest, especially when investing in startups and early-stage businesses.