Q9.5 - How exactly is the conversion price into lots determined (fixed price, discount to market, future valuation)? - FAQ
Q9.5

How exactly is the conversion price into lots determined (fixed price, discount to market, future valuation)?

Revenue, Returns, and Exit Options 31/12/2025
Our current thinking is that the conversion into lots would be based on a predefined price grid per type of lot, agreed at the time of investment and reflected in the bond terms. This grid may embed a structured discount to an independent market valuation at the time of issuance, so that investors receive an economically attractive entry point in case of conversion. Detailed examples (number of bonds vs. m² or specific lot types) will be provided in a term sheet.