Shareholders

In March 2018, a further capital increase was approved based on an evaluation carried out by BDO, which identified the value of the company at the end of 2017 at € 9M. The capital increase through crowdfunding started in May 2018 and ended 50 days later. € 2.250.000 were collected and the post-money value of the company was brought to € 11.250.000. The company became a Ltd and each share had a nominal value of € 1 and a € 24 share premium. The shareholders’ equity was € 2,850,000 (of which € 450,000 of nominal capital and € 2,400,000 in the share premium reserve). This second crowdfunding campaign set the 2018 Italian record for crowdfunding collection.

In May 2017 Glass to Power approved a capital increase.The company was evaluated at 1.5M €, with a share ratio of 1 to 5. 10.9% of Glass to Power’s equity, equivalent to 183,750 €, was made available to new shareholders through crowdfunding. The campaign was launched on July, 6 and, after less than two weeks, the target was successfully reached.

The post-money value of the company is therefore 1,8 M€.

New Shareholders

After the crowdfunding campaign, Glass to Power has 55 new shareholders. Among them: Pasquale Longobardi 3%, Valerio Orlando 2%, Caterina Abbracciavento 1%, Maurizio Naitana 1%, Gabriele Salemi 1%, Dario Tognazzi 1%.

 

Net capital 600 K€

  • Università Bicocca
  • Management Innovation
  • Francesco Meinardi
  • Sergio Brovellli
  • Karma Srl
  • De Nora Spa
  • TEC Srl
  • Angelo Giuliana
  • Francesco Limatola
  • Lucio Sassone Corsi
  • Pasquale Longobardi
  • Valerio Orlandi
  • Caterina Abbracciavento
  • Michele Mauri
  • Gabriele Salemi
  • Dario Tognazzi
  • Maurizio Naitana
  • Others

Initial Shareholders

Core Shareholders

Share of 20% equally divided among University of Milano Bicocca, Management Innovation Srl, Francesco Meinardi and Sergio Brovelli.

Funding Shareholders

Karma Srl 25%, Industrie De Nora 25%, TEC Srl 10%, Angelo Giuliana 8%, Francesco Limatola 6%, Lucio Sassone Corsi 4%, Michele Mauri 2%.

Initial capital 300 K€

  • Università Bicocca
  • Management Innovation
  • Francesco Meinardi
  • Sergio Brovellli
  • Karma Srl
  • De Nora Spa
  • TEC Srl
  • Angelo Giuliana
  • Francesco Limatola
  • Lucio Sassone Corsi
  • Michele Mauri
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