The acquisition of alternative financial instruments involves the risk of loss of all invested capital. In principle, it can be assumed that higher possible returns result from a higher risk. In terms of risk diversification, as far as possible only amounts of money should be invested that are not required or expected to be returned in the near future, even if they are liquid. Investments in securities or investments are subject to risks, including the risk of partial or total loss of the invested money or the risk of not receiving a return. Your investment is not covered by the statutory deposit guarantee and investor compensation schemes.
It is not a savings product. You should not invest more than 10% of your net assets in such securities or investments. You may not be able to resell the securities or investments as you wish.
There is no supervision by the Financial Market Authority (FMA) with regard to compliance with the Alternative Financing Act or an ordinance issued on the basis of this Act.
Investment service enterprises that broker alternative financial instruments on an Internet platform are subject exclusively to supervision by the FMA with regard to compliance with the Securities Supervision Act 2007.
1. Price of the financial product
Each investor participates in the financing project with a minimum amount of EUR 10,000.00 or a multiple thereof (in exceptional cases higher amounts are also possible).
Pursuant to Section 3 (3), issuers may accept amounts from investors with a total value exceeding EUR 5,000.00 if the investor has previously informed the operator of the Internet platform (primeCROWD GmbH) either that he will invest no more than twice his average monthly net income over twelve months, or that he will invest no more than ten percent of his financial assets. By signing this information document, the investor confirms this.
2. Supplementary risk information
The investment in question is a long-term investment. Furthermore, opportunities and risks are associated with the form of investment and no promises or reliable forecasts of future earnings can be made. In particular, any income earned in the past is not an indicator of future income. In particular, the following risks are taken into account:
- Insolvency risk
This refers to the risk of the issuer becoming insolvent. The insolvency of the issuer regularly leads to a total loss.
- Malversation risk
This is to be understood as the risk that criminal acts may be committed by employees or executive bodies of the issuer’s company. These can never be completely excluded. Malversations can directly or indirectly damage the issuer and also lead to insolvency.
- Cluster risk
This is the risk that arises when an investor does not diversify the portfolio at all or only to a limited extent. It is therefore not advisable to invest in just a few securities.
- Impaired transferability of investments
This means that investments pursuant to § 1 (1) (3) KMG (as in the present case) are only transferable under special conditions. The investor has been expressly informed about this.
- Period of validity of the information provided
The information provided is valid until changes are notified.
- Payment and performance of contracts, further contractual conditions
The rights and obligations of the investor in connection with the acquisition of the share are the subject of individual agreements between the investor and the issuer.
- Costs of distance communication
No separate costs will be charged to the investor for the use of means of distance communication (with the exception of SMS).
- Declarations and communications
Declarations and notifications in the relationship between issuer and investor must be made in writing (by registered letter or e-mail). Depending on the technical possibilities, the investor may also make declarations and notifications to the issuer via the Internet platform. Declarations and notifications to the issuer must be sent to the issuer’s address as stated in section 1.
- Legal system and place of jurisdiction
The contractual relationship between issuer and investor is governed by Austrian law. To the extent permitted by law, the place of jurisdiction for all disputes arising from and in connection with this agreement shall be the registered office of the issuer.
- Contract language and language for communication during the term of the contract
The contractual conditions and information are available in German and/or English. Communication with the investor during the term of the above contractual relationships will be conducted in German and/or English.