Biohacks (Schweiz) AG
Biohacks (Schweiz) AG: Biohacks (Schweiz) AG convertible bond enables investors to participate in dynamic expansion

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Biohacks (Schweiz) AG convertible bond enables investors to participate in dynamic expansion

 –  Total nominal volume of approx. €8 million and maturity until February 2024
 –  Attractive interest rate of 5.25% p.a.
 –  Utilisation of potential growth opportunities in Germany and Europe as well as possible expansion of the value chain

Dusseldorf, 13 June 2022 – Biohacks (Schweiz) AG, a supplier in the fast-growing functional foods sector, issues a convertible bond with a volume of approx. €8 million and a maturity date of 14 February 2024 to finance its expansion. The bond yields an annual interest rate of 5.25%; quarterly interest payments will be made in February, May, August, and November. The minimum subscription amount is €8,500. Investors have the right to choose whether they convert their units into shares of the issuer Biohacks (Schweiz) AG in November 2023 or have the investment amount including interest paid out.

The issuer has published a key information document, which is available for download to interested investors on the website: https://biohackscompany.com/anleihe/.

Vegan “SPIRIT” products with organic quality already available in almost 4,000 stores

The purpose of issuing the convertible bond is to finance the company’s planned dynamic growth. On the one hand, the distribution network in Germany and neighbouring countries is to be extended, and on the other hand, sales-promoting marketing expenditures are to be intensified and the broadening of the product range as well as the additional introduction of services in the area of Biohacking are to be driven forward. The vegan “SPIRIT” products in organic quality are already listed in around 4,000 branches of renowned retail companies and petrol station shops in Germany and, since May 2022, also in Austria. The approximately 4,000 sales outlets in Germany also include retail chains such as Tegut, Kaufland, Budni and Edeka. In May, Biohacks (Schweiz) AG also commenced sales of the “SPIRIT” drinks in the flavours Mango & Cactus, Berry & Dragon and Lime & Kiwi at JET-branded petrol stations nationwide. In this segment, the company is already represented in around 300 stations of the Orlen brand. In Austria, the products are now also distributed through about 600 branches of the local market leaders SPAR International and Billa. An expansion in the Alpine country to a total of at least 1,000 branches is being planned. With this gradual widespread market launch of high-quality vegan products with organic quality, Biohacks (Schweiz) AG is accelerating the growth course it started in 2020. Further new “SPIRIT” products are to be launched to the market in 2022.

“Biohacks is consistently evolving into a nationwide established supplier of vegan products in organic quality in Germany and also increasingly abroad. The subscribers to our bond now have the opportunity to participate in our expansion at attractive conditions,” comments the company’s CEO, Dr. Ingo Lange, on the current development.

Financial realignment since early 2022 – business valuations of Biohacks GmbH of €108 million

The bond issue is a further step in the financial realignment that Biohacks (Schweiz) AG has been consistently pursuing since the beginning of 2022. In the first quarter, the company based in Lachen, Switzerland, was already able to increase its equity in two steps by a total of CHF 53 million through the acquisition of a strategic investor and the optimisation of the balance sheet structure – via the incorporation of Biohacks GmbH into Biohacks (Schweiz) AG (confirmed by the Swiss Federal Auditor). Biohacks (Schweiz) AG has legally completed the transactions in such a way that tax-free dividends of CHF 53 million are available for possible distributions for future new investors. At the end of 2020, Biohacks GmbH was valued at  €108 million by the experts at Kleeberg Valuation, Munich, in an expert opinion on the enterprise value in accordance with IDW S 1.

About Biohacks – Upgrade Your Life

Biohacks (Schweiz) AG focuses on the fast-growing area of functional foods. It develops and markets vegan products in organic quality with high functionality. In addition, the company communicates and promotes the topic of biohacking with international nutrition experts and biohackers. Biohacks’ goal is to help people reach their highest potential, both physically and mentally. To do this, the company combines knowledge with data and technical tools – for example, in conjunction with an app, and has developed new products, always making sure to use high-quality, preferably natural, vegan and certified organic ingredients. Biohacks-“SPIRIT”-products are already sold via online platforms and in more than 4,000 branches of renowned retailers.

For further information, please check: https://biohackscompany.com/

Media contact

Biohacks (Schweiz) AG

Phone: +49 211-9425 0860

E-Mail: presse@biohackscompany.com

Risk notice

The acquisition of this investment is associated with considerable risks and can lead to the complete loss of the invested assets. The risk of loss relates both to the repayment of the invested capital and to the interest claims. The bond is not subject to deposit protection. You are about to purchase a product that is not simple and can be difficult to understand. The investment decision should be made solely on the basis of the key information document which is available for download on the website https://biohackscompany.com/anleihe/.

This publication constitutes neither an offer to purchase nor a solicitation to submit an offer to purchase securities. The securities, which are subject of this publication, are offered by the issuer exclusively in the Federal Republic of Germany by way of a public offer. No public offer will be made outside the Federal Republic of Germany.