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Page
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| | | | iii | | | |
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| | | | 49 | | | |
| | | | 50 | | |
CHF in thousands
|
| |
As of March 31,
2022 Actual (unaudited) |
| |||
Cash and cash equivalents
|
| | | | 14,888 | | |
Shareholders’ equity | | | | | | | |
Share capital
|
| | | | 65,273 | | |
Share premium
|
| | | | 283,742 | | |
Treasury shares reserve
|
| | | | (27,686) | | |
Other reserves
|
| | | | 26,507 | | |
Accumulated deficit
|
| | | | (334,882) | | |
Total shareholders’ equity, net
|
| | | | 12,955 | | |
Total capitalization
|
| | | | 12,955 | | |
| | |
Shares
Beneficially Owned Prior to Offering(1) |
| |
Maximum
Number of Shares to be Sold Pursuant to this Prospectus |
| |
Shares Owned
Immediately After Sale of Maximum Number of Shares in this Offering(2) |
| |||||||||||||||||||||
Name of Selling shareholder
|
| |
Number
|
| |
Percentage
|
| |
Number
|
| |
Percentage
|
| ||||||||||||||||||
Armistice Capital Master Fund Ltd.(3)
|
| | | | 16,227,444 | | | | | | 30.86% | | | | | | 14,709,342 | | | | | | — | | | | | | — | | |
Number of shares
|
| |
Number of registered
shareholders on June 30, 2022 |
| |||
1 to 100
|
| | | | 223 | | |
101 to 1,000
|
| | | | 871 | | |
1,001 to 10,000
|
| | | | 1,049 | | |
10,001 to 100,000
|
| | | | 209 | | |
100,001 to 1,000,000
|
| | | | 9 | | |
1,000,001 to 10,000,000
|
| | | | 3 | | |
Above 10,000,000
|
| | | | 1 | | |
Shareholder structure according to category of investors
(weighted by number of shares) |
| | | | | | |
Private persons
|
| | | | 17.01% | | |
Institutional shareholders
|
| | | | 60.14% | | |
Non identified
|
| | | | 22.85% | | |
Shareholder structure by country
(weighted by number of shares) |
| | | | | | |
United States
|
| | | | 13.90% | | |
Switzerland
|
| | | | 62.13% | | |
Other
|
| | | | 1.12% | | |
Non identified
|
| | | | 22.85% | | |
Nominal share capital
|
| | | |
December 31, 2019
|
| |
CHF 32,848,635
|
|
December 31, 2020
|
| |
CHF 32,848,635
|
|
December 31, 2021
|
| |
CHF 49,272,952
|
|
June 30, 2022
|
| |
CHF 65,272,952
|
|
Conditional share capital
|
| | | |
December 31, 2019
|
| |
CHF 16,424,317
|
|
December 31, 2020
|
| |
CHF 16,424,317
|
|
December 31, 2021
|
| |
CHF 24,636,476
|
|
June 30, 2022
|
| |
CHF 32,636,476
|
|
Authorized share capital
|
| | | |
December 31, 2019
|
| |
CHF 16,424,317
|
|
December 31, 2020
|
| |
CHF 16,424,317
|
|
December 31, 2021
|
| |
CHF 24,636,476
|
|
June 30, 2022
|
| |
CHF 32,636,476
|
|
|
Service
|
| |
Fee
|
|
|
•
Issuance of ADSs (e.g., an issuance of ADS upon a deposit of shares, upon a change in the ADS(s)-to- shares ratio, or for any other reason), excluding ADS issuances as a result of distributions of shares
|
| | Up to U.S. 5¢ per ADS issued | |
|
Service
|
| |
Fee
|
|
|
•
Cancellation of ADSs (e.g., a cancellation of ADSs for delivery of deposited property, upon a change in the ADS(s)-to-shares ratio, or for any other reason)
|
| | Up to U.S. 5¢ per ADS cancelled | |
|
•
Distribution of cash dividends or other cash distributions (e.g., upon a sale of rights and other entitlements)
|
| | Up to U.S. 5¢ per ADS held | |
|
•
Distribution of ADSs pursuant to (i) stock dividends or other free stock distributions, or (i) exercise of rights to purchase additional ADSs
|
| | Up to U.S. 5¢ per ADS held | |
|
•
Distribution of securities other than ADSs or rights to purchase additional ADSs (e.g., upon a spin-off)
|
| | Up to U.S. 5¢ per ADS held | |
|
•
ADS Services
|
| | Up to U.S. 5¢ per ADS held on the applicable record date(s) established by the depositary | |
|
•
Registration of ADS transfers (e.g., upon a registration of the transfer of registered ownership of ADSs, upon a transfer of ADSs into DTC and vice versa, or for any other reason)
|
| | Up to U.S. 5¢ per ADS (or fraction thereof) transferred | |
|
•
Conversion of ADSs of one series for ADSs of another series (e.g., upon conversion of Partial Entitlement ADSs for Full Entitlement ADSs, or upon conversion of Restricted ADSs (each as defined in the Deposit Agreement) into freely transferable ADSs, and vice versa).
|
| | Up to U.S. 5¢ per ADS (or fraction thereof) converted | |
| | | | | | | | |
Variable compensation
|
| | | | | | | |||||||||||||||
2021
CHF |
| |
Fixed cash
compensation |
| |
cash
attendance |
| |
number of
equity incentive units |
| |
value of
equity incentive units |
| |
Total
2021 |
| |||||||||||||||
Vincent Lawton, chairman
|
| | | | 26,590 | | | | | | 26,590 | | | | | | 70,000 | | | | | | 54,129 | | | | |
|
107,309
|
| |
Raymond Hill, member
|
| | | | 15,954 | | | | | | 15,954 | | | | | | 40,000 | | | | | | 30,931 | | | | |
|
62,839
|
| |
Tim Dyer, member
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | |
|
—
|
| |
Roger Mills, member
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | |
|
—
|
| |
Jake Nunn, member
|
| | | | 13,295 | | | | | | 13,295 | | | | | | 30,000 | | | | | | 23,198 | | | | |
|
49,788
|
| |
Isaac Manke, member
|
| | | | 13,295 | | | | | | 13,295 | | | | | | 30,000 | | | | | | 23,198 | | | | |
|
49,788
|
| |
Total | | | | | 69,134 | | | | | | 69,134 | | | | | | 170,000 | | | | | | 131,456 | | | | | | 269,724 | | |
| | | | | | | | |
Variable compensation
|
| | | | | | | |||||||||||||||
2021
CHF |
| |
Fixed cash
compensation |
| | | | | | | |
number of
equity incentive units |
| |
value of
share |
| |
Total
2021 |
| ||||||||||||
Total Executive Management(1)
|
| | | | 1,082,184 | | | | | | 414,313 | | | | | | 1,410,638 | | | | | | 1,157,969 | | | | | | 2,654,466 | | |
|
SEC registration fee
|
| | | $ | 1,420 | | |
|
FINRA filing fee
|
| | | | 2,300 | | |
|
Printing
|
| | | | 48,000 | | |
|
Legal fees and expenses
|
| | | | 142,483 | | |
|
Accounting fees and expenses
|
| | | | 54,000 | | |
|
Miscellaneous fees
|
| | | | 60,368 | | |
|
Total
|
| | | $ | 308,515 | | |
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