As stipulated in the Information Memorandum, SPiCE is now open for
a 2nd round of funding (the 2nd closing) of the fund. Funds from
the 2nd closing go into the same pool as the funds from the 1st
closing of SPiCE.
The purpose is to increase the amount of funds available for
investment, so we can continue making investments and increase the
potential size of each investment.
In order not to dilute existing investors, the price per SPiCE
token allocated in this round will be derived from the last
published NAV per token before a new investment in the second
closing of SPiCE is made by an investor.
There is a minimum of $250,000 per investor in this round of
funding, except for existing investors, where the minimum is
The Information Memorandum was modified to reflect the details of
the second closing, as well as some other updates, as it has been
two years since the original Information Memorandum was published.
For full details please review the investment documents.