(Finance) – CrowdFundMe, alternative finance group listed on the Italian Stock Exchange, supports the launch of the minibond with Frigiolini & Partners Merchant and Fundera semi-annual coupon of iVision Tech SpA, an innovative SME and Made in Italy company of excellence active in the design and production of acetate eyeglass and sunglasses frames, as well as combined glasses, owner
of the historic high-end French eyewear brands “Henry Jullien”.
I-Vision Tech closed financial year 2023 with sales revenue of €9.37 million, up 18.6% compared to the previous financial year, and now aims to accelerate its expansion.
The minibond provides for a maximum amount of 5,000,000 euros, a 7-year amortizing maturity, with two years of pre-amortization.
The issue of I-Vision, thanks to the provisions of the new European Regulation 2020/1503/EU which regulates the activity of Crowdfunding Service Providers, is also open to retail investors, subject to the necessary checks and for this reason it was a cut is expected
minimum unit of 10,000 euros. The rate paid to subscribers is variable and the first gross coupon is set at 290 bpa above the average recorded in the observation period of the 6-month Euribor letter. The issuer intends to request admission to listing
of the Minibond on Euronext Access Milan (Italian Stock Exchange).
THE Funds raised will be used by iVision Tech in order to accelerate its growth pathmainly regarding the opening of new foreign markets and the implementation of new products to complete the current range.
CrowdFundMe, as part of the agreement stipulated at the end of 2023 with the counterpart portal Fundera, controlled by Frigiolini & Partners Merchant, will convey its interested customers directly to the Fundera platform and potential subscribers, including retail ones, will be able to subscribe to the minibonds specially selected by CrowdFundMe on Fundera among those published, including that of I-Vision.