| Total Raise | $1,200,000 USD |
| Soft Cap | $1,000 USD |
| Raise Status | Open since Closed |
| Minimum Investment | $1,200,000 USD |
| Accepted Investors | International Non Us |
| Security Type | - |
| Exemptions | TBA |
| Instrument | TBA |
| Price Per (SSAS) | $168.85 USD |
| Token Issuance Platform | Aktionariat |
| Token Protocol | ERC-20 |
| Token Issuance Info | TBA |
| Payment Options | tba |
Token Rights
The blockchain-based security tokens represent shares of SwissShore AG that are tied to a token holder agreement. The token holder agreement preserves the strategic option of an exit by allowing an acquirer to select all minority shareholders if a 75% majority agrees to the acquisition, hence the prefix “Draggable” in the token name. The SSAS token agreement allows for automatic enforcement of the drag-along agreement and ensures an efficient squeeze-out even if there are thousands of shareholders. Thus, the majority interest of the shareholders remains in place.