The primary sale (fundraising) of the IVO bond is already at a later stage and the probability of reaching the hard cap of USD 20 million is considered very high. However, if the primary sale is stopped at a lower amount than the hard cap (for whatever reason), this would not reduce the Buyback & Burn (BB&B) commitment. According to the prospectus, INVAO uses 20% of all annual trading profits to buy back and burn IVO tokens at least 50% of the total offering. A lower overall budget from the primary sale could reduce the absolute profit figure, but market and trading performance is considered more relevant to the BB&B budget.
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