Ev Agreement In Gem

The initial amount of EUR 15 million will be in the form of an investment obligation that will allow EV Charge to raise funds during the three-year period by issuing common shares to EMGs (or to individuals or entities it indicates) in accordance with the outstanding equity credit contracts. EV Charge Holding Ltd. an electric charging solutions company established in accordance with UK law, based at 20-22 Wenlock Road, London, England (N1 7GU), has announced that it has signed an agreement with GEM Global Yield LLC SCS (“GEM”), the Luxembourg-based non-traditional private investment group, which provides for it to be listed on an accredited international stock exchange more than three years after the stock market listing date. EV Charge will use these funds to develop the electric vehicle charging infrastructure. EV Charge determines the maximum date and amount of each payment under this facility and has no minimum collection obligation. In addition to listing its shares on the stock exchange, the company will issue guarantees to GEM, which will allow it to provide up to 10 per cent (10%) to acquire. common shares outstanding on a fully diluted basis. The purchase price per share of the warrants corresponds to the closing price of the shares on the first day of trading following the listing of the shares on the stock exchange. EV Charge is dedicated to the development of the charging infrastructure for electric vehicles. Electric charging stations will help reduce costs and pollution. Global Emerging Markets (GEM) is a non-traditional investment group based in Paris, New York and Los Angeles. Gem manages a large number of investment vehicles that focus on emerging economies and provide the group and its investors with a portfolio of asset classes covering the global range of private investments. Each investment vehicle has a different level of operational control, a risk-adjusted performance and liquidity profile.

The family of funds and investments offers GEM and its partners the commitment of small and midcap executive buyouts, over-the-counter investments in listed companies (PIPEs) and investments. targeted venture capital.