Capital connection of companies in the APF GROUP
Dear Clients,
The project for tokenizing agricultural land through the APFC token was launched in 2022 and has been gradually financed by the operating results of companies within the APF GROUP. Currently, it has reached a market capitalization of USD 21.5 milion (CZK 500 million) with a total circulating supply of over 38 million tokens. Additionally, the token is traded on 8 cryptocurrency exchanges within the TOP 30 (including 2 in the TOP 15). In the coming months, it is preparing to be listed on a TOP 10 exchange with an average daily trading volume of USD 1.5 bilion (CZK 33.5 billion). This will fulfill the strategic goal of the project for the token's liquidity, price stability, and credibility.
Based on these facts, the management of APF GROUP has decided on a capital connection between APF DIGITAL AGRIFUND CR s.r.o. and APF VENTURE CAPITAL CR s.r.o.
APF VENTURE CAPITAL CR s.r.o. will acquire a 51% equity stake in APF DIGITAL AGRIFUND CR s.r.o. Simultaneously, it will capitalize a receivable of USD 13 milion (CZK 300 million) through a voluntary additional payment outside the basic capital to increase the equity of APF DIGITAL AGRIFUND CR s.r.o. From the value of this equity increase, APF VENTURE CAPITAL CR s.r.o. is entitled to a guaranteed annual profit share of 10% (even in the case of a loss). APF DIGITAL AGRIFUND CR s.r.o. will assume the liabilities of APF VENTURE CAPITAL CR s.r.o. totaling CZK 600 million, which will be gradually paid off, including related costs, in accordance with the agreed maturity from the profit of the token sale. APF VENTURE CAPITAL CR s.r.o. will continue to guarantee these liabilities in the form of joint and several liability; however, these liabilities will no longer be part of the company's balance sheet. With the assumption of liabilities with the consent of creditors (arranged by the law firm), the total liabilities of APF VENTURE CAPITAL CR s.r.o. will be reduced, thereby decreasing the company's overall indebtedness.
The proceeds from the sale of APFC tokens will continue to primarily finance the purchase of agricultural land and agricultural projects within the APF GROUP. The above-average profit from the sale of tokens allows us to adequately cover financial costs, thereby stabilizing the operations of the entire APF GROUP.
For more information and the APFC token price development, please visit:
https://www.coingecko.com/en/coins/apf-coin
Thank you for your cooperation and trust.