A Tokenized Venture Fund Opportunity
COSIMO X is a venture capital fund that invests in opportunities in emerging, next generation technologies.
Enhanced Liquidity, Valuation Transparency, Superior Economics
The advancement of blockchain technology is creating and accelerating the growth of many new companies that eliminate unnecessary intermediary parties within the fields of finance, commerce, trade, cybersecurity, and social networks. COSIMO X believes that these emerging companies and micro-economies have the ability to bring about a complete disruption to these sectors and reshape the means by which such industries function – completely redefining which parties capture the most value that is created within an ecosystem.
Given the vast number of early stage developers attempting to build disruptive businesses or platforms in the wake of this new technological revolution, an opportunity arises for the experienced entrepreneurs and venture investors of COSIMO to bridge the gap that exists between the operating support and capital funding that is available to early stage companies beginning to emerge within this space. The aim is to back, advise, and grow these emerging companies into global industry leaders.
More information about the Company can be found under https://cosimox.com/
Rob Frasca, Ken Lang, Ciarán Hynes, and Connor Cantwell (from left to rigth)
An experienced team of tech investors
- 13 Technology Companies Founded
- 840% Aggregate Return to Investors
- 150 Years of Total Tech Experience
- $450M Value Created as Operators
- 40 Patents Filed with US Patent Office
- 125 New Tech Products Brought to Market
- Fully regulated by the SEC under Regulation D, Rule 506 c
- The Fund will make 4–5 investments per year
- Targets 15–20% preferred equity investment and a 20% IRR
- Raised to Date: US $10,000,000
- Gross Multiple to Date: 1.45x as of September 1, 2019 (unaudited)
- Investment Geography: US, Europe, Asia Pacific
- Investment Stage: Late-Seed, Series A, Series B
- Number of Investments: 4–5 Deals per Year (4 investments made to date)
- Target Net Returns: 3–5x MOIC, 20% IRR
Step 1: Register and qualification as professional investor
European investors interested in purchasing COSIMO Tokens must register here with BMCP GmbH and qualify as a professional client according to Annex II of DIRECTIVE 2014/65/EU.
Step 2: Complete subscription process
After completing Step 1, we will contact you directly and provide you with the respective investment documentation. European investors interested in purchasing COSIMO Tokens must obtain and read the Private Placement Memorandum (PPM) for COSIMO X, available upon registration and completion of the Subscription Form.
Step 3: Know Your Customer (KYC) and Anti-Money Laundering (AML) Compliance
Securitize – a digital security compliance platform – will walk you through a quick and easy identification and accreditation process online. This process protects investors and ensures the integrity of the fund. All potential investors must provide such information to COSIMO X as set forth in the Subscription Form to allow the Fund to conduct its required KYC and AML analysis and to otherwise confirm that the investor satisfies other suitability requirements as the Fund may need from time to time. COSIMO X reserves the right to reject any investment in its sole discretion.
Step 4: Purchase digital security tokens
Send US dollars, Euros, Ethererum (ETH), or Bitcoin (BTC) to COSIMO X and obtain an economic interest in the fund in the form of COSIMO Tokens. You can make purchases through our website or privately.
Step 5: Open an ERC-20 Wallet
After you have been confirmed by Securitize, you will be asked to create a digital wallet to hold your COSIMO Tokens.
COSIMO X TOKEN
Target Fund Raise
For professional investors from
|Issuer||COSIMO X, LP|
|Total Investment Volume||USD 100,000,000|
|Min. Investment Amount for EU Investors||USD 10,000|
|Principal Amount||USD 1.0 per Token|
|Instrument Type||Partnership Share|
|Currencies||USD, EUR, BTC, ETH|
Interested investors must register and qualify as professional client according to Annex II of DIRECTIVE 2014/65/EU. A professional client is a client who possesses the experience, knowledge and expertise to make its own investment decisions and properly assess the risks that it incurs.
If qualified as a professional client, BMCP will contact you directly.
The information of this Token Offering is exclusively intended for persons who are not located in or resident of certain other restricted jurisdictions, and who are otherwise permitted to receive such information.
According to Article 1 (4) of the EU Prospectus Regulation (Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC), there is no obligation to publish a prospectus if the securities are only offered to legal entities or individuals which are “qualified investor” as defined in the Prospectus Regulation.
The information of this Token Offering does not constitute an offer or an invitation to purchase securities in any jurisdiction in which such offer or invitation is not authorised or to any person to whom it is unlawful to make such offer or invitation. Users of this information are requested to inform themselves about and to observe any such restrictions.
An investment involves considerable risks and can lead to the complete loss of the assets invested. In the interests of risk diversification, only those amounts of money should be invested that are not required or expected to be returned in the near future. However, the risk is limited to the investment sum made and there is therefore no obligation to make additional contributions.
The company to be financed is solely responsible for all contents and information provided regarding the offering. BMCP GmbH acts as a pure intermediary and assumes no liability for the accuracy of the provided content. BMCP GmbH works on a success fee basis of up to 4% of raised capital.
COSIMO TOKENS HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY OTHER LAW OR REGULATION GOVERNING THE OFFERING, SALE OR EXCHANGE OF SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION. THE OFFERING OF COSIMO TOKENS IS BEING MADE (1) INSIDE THE UNITED STATES TO UP TO 99 “ACCREDITED INVESTORS” (AS DEFINED IN SECTION 501 OF THE SECURITIES ACT) IN RELIANCE ON RULE 506© OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT WHO ALSO ARE U.S. PERSONS (AS DEFINED IN SECTION 902 OF REGULATION S PROMULGATED UNDER THE SECURITIES ACT) (“U.S. PERSONS”) AND (2) OUTSIDE THE UNITED STATES TO NON‑U.S. PERSONS (AS DEFINED IN SECTION 902 OF REGULATION S PROMULGATED UNDER THE SECURITIES ACT) (IN JURISDICTIONS WHERE THE OFFER AND SALE OF COSIMO TOKENS IS PERMITTED UNDER APPLICABLE LAW) IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT AND IN COMPLIANCE WITH APPLICABLE LAW. U.S. PERSONS PURCHASING COSIMO TOKENS IN THE UNITED STATES AS ACCREDITED INVESTORS WILL BE REQUIRED, EXCEPT AS OTHERWISE AGREED BY THE FUND IN WRITING, TO MAINTAIN THEIR COSIMO TOKENS ON COSIMOX.IO UNTIL THE FIRST ANNIVERSARY OF THE ISSUANCE OF THEIR COSIMO TOKENS AND MAY BE REQUIRED TO MAKE CERTAIN REPRESENTATIONS AND UNDERTAKINGS TO THE ISSUER IF THEY REMOVE THEIR COSIMO TOKENS FROM COSIMOX.IO AT ANY POINT THEREAFTER. ADDITIONALLY, THEY WILL BE REQUIRED TO AGREE NOT TO SELL SUCH COSIMO TOKENS TO ANY U.S. PERSON UNLESS THEY SELL ALL OF THEIR COSIMO TOKENS TO A SINGLE U.S. PERSON. NON‑U.S. PERSONS PURCHASING COSIMO TOKENS WILL BE REQUIRED TO MAINTAIN THEIR COSIMO TOKENS ON COSIMOX.IO FOR NINETY DAYS FROM THE ISSUANCE OF THEIR COSIMO TOKENS AND MAY BE REQUIRED TO MAKE CERTAIN REPRESENTATIONS AND UNDERTAKINGS TO COSIMOX.IO IF THEY REMOVE THEIR COSIMO TOKENS FROM COSIMOX.IO AT ANY POINT THEREAFTER. ADDITIONALLY, THEY WILL ONLY BE ENTITLED TO RESELL THEIR COSIMO TOKENS TO OTHER NON‑U.S. PERSONS IN COMPLIANCE WITH APPLICABLE LAWS IN OFFSHORE TRANSACTIONS (AS DEFINED IN RULE 902 OF REGULATION S PROMULGATED UNDER THE SECURITIES ACT). THE FUND WILL NOT BE REQUIRED TO, NOR DOES IT CURRENTLY INTEND TO, OFFER TO EXCHANGE THE COSIMO TOKENS FOR ANY SECURITIES REGISTERED UNDER THE SECURITIES ACT OR ANY OTHER LAW, OR REGISTER THE COSIMO TOKENS FOR RESALE UNDER THE SECURITIES ACT OR ANY OTHER LAW. THE FUND WILL NOT ACCEPT INVESTMENTS FROM ANY INVESTOR OTHER THAN THOSE WHO HAVE BEEN SPECIFICALLY APPROVED BY THE ISSUER.
COSIMO TOKENS ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM, AND PURSUANT TO THE APPLICABLE SECURITIES LAWS AND REGULATIONS OF OTHER RELEVANT JURISDICTIONS. INVESTORS SHOULD BE AWARE THAT THEY WILL BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME.
THE OFFERING OF COSIMO TOKENS IS ONLY BEING MADE IN JURISDICTIONS WHERE THE OFFER AND SALE OF COSIMO TOKENS IS PERMITTED UNDER APPLICABLE LAW. NOTHING HEREIN CONSTITUTES AN OFFER TO SELL OR INVITATION OF AN OFFER TO SUBSCRIBE FOR INTERESTS IN THE FUND OR COSIMO TOKENS.
THE MINIMUM CAPITAL COMMITMENT FOR THE PURCHASE OF COSIMO TOKENS IS (A) FOR U.S. PERSONS OR PERSONS LOCATED IN THE U.S., US $200,000; AND (B) FOR NON‑U.S. PERSONS OR PERSONS LOCATED OUTSIDE OF THE U.S., US $10,000.
COSIMO TOKENS ARE NOT REDEEMABLE AT THE OPTION OF THE HOLDER. PROSPECTIVE INVESTORS SHOULD BEAR IN MIND THAT PAST OR PROJECTED PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS, AND THERE CAN BE NO ASSURANCE THAT COSIMO X WILL ACHIEVE COMPARABLE RESULTS OR THAT TARGETED RETURNS WILL BE MET.
STATEMENTS CONTAINED IN HEREIN THAT ARE NOT HISTORICAL FACTS ARE BASED ON CURRENT EXPECTATIONS, ESTIMATES, PROJECTIONS, OPINIONS, AND/OR BELIEFS OF COSIMO, WHICH COSIMO BELIEVES ARE REASONABLE. SUCH STATEMENTS ARE NOT FACTS AND INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, AND OTHER FACTORS. PROSPECTIVE INVESTORS SHOULD NOT RELY ON THESE STATEMENTS AS IF THEY WERE FACT.