Post
Topic
Board Securities
Re: [HAVELOCK](SFI) Seedcoin Fund I
by
NanoAkron
on 21/01/2014, 01:08:44 UTC
How long will the dividends be paid from the first fund? If the second fund is started the dividends from the first fund stops?

There is no time limit for dividends as long as startups are profitable and decide to pay out dividends and as long as SFI still owns shares in that company, 100% of the dividends entitled to SFI will be paid out to the unit holders on Havelock pro-rata of their unit holdings. Any dividends from SFI and from subsequent funds (SF-2 and so forth) are entirely unrelated so payment of dividends from one Seedcoin fund does not prevent payment of dividends from another Seedcoin fund.

May I ask about payments upon the sale of companies in SF-1? Will shareholders also be paid out pro-rata?

Many thanks!