Africa Bitcoin Corporation Limited · JSE:BAC
Africa Bitcoin — AltVest Capital — Investor Presentation (May 2022)
59 slides from Africa Bitcoin's investor presentation, May 2022
Slide 1: Brought to all investors everywhere by
BROUGHT TO ALL INVESTORS EVERYWHERE BY:
Slide 2: AltVest: The Basics
ALTV EST T H E BA S I C S : Our media partners Provides the retail public Provides SME’s with Using technology, educate the public and with the opportunity access to public we open up capital creates awareness for to participate in the funds through markets, to ordinary the SME, of the broad real ec
Slide 3: AltVest Board of Directors
ALTV EST B OA RD OF D I REC TO RS WARREN KOSHIEK BRIGHT JOANNE FAY RICHARD WHEATLEY KARAN KHUMALO BAYNHAM MUKADDAM STRONACH • CA(SA), CFP. • Honours in Business Science • BCom Accounting (UCT). • CA(SA). • Commercial Lawyer (M&A). • BCom (UCT) • Post Graduate Diploma in Corporate specialising in Fin
Slide 4: About AltVest
ABOU T A LTVE ST AltVest is: AltVest Provides: • A platform that seeks to democratise • Reliable exposure and information on alternative investments; investment opportunities; • A platform that brings bespoke • Fully transparent analysis by investment opportunities to ordinary independent experts; p
Slide 5: Ability to fractionalise ownership of unlisted assets
ABILITY TO FRACTIONALISE DEDICATED TO CREATING LIQUIDITY AND GROWING VALUE IN UNLISTED ASSETS OWNERSHIP OF UNLISTED ASSETS AltVest is dedicated to the sale and secondary market trading of SPV’s owning single institutional grade assets, thereby revolutionizing the private TO A COMBINATION OF RETAIL e
Slide 6: AltVest – How it all works
ALTV EST – HOW I T A L L W O R K S What is AltVest? AltVest is a listed company with its core features overlapping a traditional Special Purpose Acquisition Company (SPAC); Opportunity selection Our Investment Committee identifies & carefully selects investment opportunities typically not available
Slide 7: Cape Town Stock Exchange (CTSE)
CAPE TOWN STOC K EX CHANGE (CTSE) L ISTED PREF L I S T ED PREF LIS TED PR EF LIS TED PR EF ORDINARY SHARE 1 O R DI NA R Y S H A R E 2 O R D IN AR Y S HAR E 3 O R D IN AR Y S HAR E 4 ECONO M I C L I NK ED NO T ES T O B E L I S T ED O N CAPE TO W N S TO CK EX CHAN GE COMPANY 1 C O M PA NY 2 CO MPAN Y
Slide 8: Cape Town Stock Exchange (CTSE) structure
CAPE TOWN STOC K EX CHANGE (CTSE) ORDS INVESTOR B R O K ER A G E E C ONOMIC * R e tai l o r FAIS No: Regulated LINKE D NOT E S i nsti tuti o nal 4 5756 e xc h a n g e (Ju ris t ic rep ) OTHER SECURITIES ON CTSE
Slide 9: Proposition process for investee acquisition
P ROP OSI TI ON PROC ES S F O R I N V ES TEE A C Q U I SI T I O N STEP 1 STEP 2 STEP 3 • AltVest sources an investment through • AltVest & Sports Team prepares • Funds are raised through the subscription the media process (e.g. Sport Team) Prospectus of the Unspecified Share A - linked to the • Due
Slide 10: How retail investors participate
HOW R ETA I L I NVES TO R S P A R TI CI P A TE SPORTS TEAM LOOKS TO BUY NEW PLAYERS Open an A-Trade Sports Team brokerage Deposit cash account in less into your Buy a piece of lists on Trade anytime that 5 minutes – trading account Sports Team Altvest Keep your FICA docs on hand
Slide 11: Built to serve entrepreneurs and empower retail investors
BU ILT TO SERVE E N TREP REN EURS A N D E MPO WE R R E T AI L I N VE ST O R S ENTREPRENEURS: RETAIL INVESTORS Companies are able to access capital markets Fully democratized opportunity selection connecting to retail and institutional investors • Retail investors are involved in the previously chall
Slide 12: How AltVest solves existing problems of private equity
HOW ALTVEST SOL V ES EX I S TI N G P R O BL E MS O F PR I VAT E E Q U I T Y BEST OPPORTUNITIES • Publicly accessible platform connecting capital to ideas ARE INACCESSIBLE TO RETAIL INVESTORS • Removes excessive barriers for participation; seamless onboarding HIGH COSTS & MINIMUM • Considerably cheap
Slide 13: Keeping investors safe – due diligence & valuation
KEEP I NG I NVESTO RS S A F E – D UE D I L I G EN C E & VAL U AT I O N DEMOCRATIZING ACCESS TO OPPORTUNITIES WITHOUT COMPROMISING ON SOUND CORPORATE GOVERNANCE AND DATAROOM POPULATED WITH FULL ACCESS TO ALL RETAIL INVESTOR PROTECTION. ALL MEASURES IN PLACE TO RELEVANT DOCS ACCESSIBLE ONLY TO REGISTE
Slide 14: Vast opportunity set of investable opportunities
V AST OPPORTUNI TY S ET O F I N V ES TA BL E O PPO R T U N I T I E S Farms Sports teams Film funds & Luxury items creative arts Infrastructure Luxury real estate Impact driven Renewable energy projects developments community housing Education Financial Tech driven Blockchain driven technology techno
Slide 15: A sustainable, incentive aligned earnings model
A S U STAI NA B LE , IN CEN TI V E A L I G N ED EAR N I N G S MO D E L PRIORITY IS ON ENSURING SUSTAINABILITY AND GROWTH OF THE LISTING COMPANIES AND PROVIDING THE LOWEST COST ENTRY POINT FOR RETAIL INVESTORS PARTICIPATION – ALTVEST EARNS ZERO FEES ON POSITIVE CARRY. 2% ONCE OFF CAPITAL RAISE FEE Ma
Slide 16: The Ask
T HE ASK: ALTVEST LISTING MARKET CAP IS R 50 MILLION INVESTORS HAVE OPTION FOR SHARES PRE LISTING AS FOLLOWING: STAFF, FOUNDERS & STRATEGIC PARTNERS: RETAIL INVESTORS: R 5 PER SHARE. MINIMUM OF R 5 PER SHARE, R50 MINIMUM 1,000,000 SHARES. MAXIMUM OF 4,900,000 SHARES NB: FOUNDERS AND STAFF WILL BE AC
Slide 17: Innovative opportunity sourcing through multiple channels
INNO VATI VE OPPO R TUN I TY S O URC I N G TH R O U G H MU L T I PL E C HAN N E L S OP P ORTUNI TY SEL ECTI O N TH E I D E AL FI T Replacing traditional investment banking approach Ideal listing demonstrates traits of a traditional alternative of opportunity selection through disruptive methods inve
Slide 18: Media & distribution partners
M EDIA & DI STRI B UTI O N M ED I A R O L E PARTNERS 1 Educate & Inform Create awareness 2 of opportunity to subscribers and readers 3 Post investment analysis & reporting. Provide a platform Open Portal for : 4 for post deal communications & monitoring. • Capital Raising • Marketing • Debate and In
Slide 19: Media for each investment opportunity
M EDIA F OR E A CH I N V ES TM EN T O P P O R TU N I T Y MAGAZINE FILMED EVENT WHERE SPONSORED & AltVest monthly magazine Printed copy to be inserted in: ENTREPRENEURS PRESENT COMMENTARY Business Day ON: CONTENT INCLUSION IN: Sunday Times BDTV Arena Publications Sowetan BizNews platform(s) BizNews N
Slide 20: Commercial relationship with media partners
COM MERCI AL REL A TI O N S H I P W I TH M ED IA PAR T N E R S: 1 2 3 Arm’s length agreement for No editorial Sponsored content Arena Holdings: advertising and insertion of coverage; agreements; marketing material; 1 2 3 Providing awareness campaigns. Strictly Performance based fees Independent cove
Slide 21: Investment case
INV ESTMENT CA SE Investors are increasingly looking for unique distribution advantages — how you get to your target market more cheaply and quickly than your competition.
Slide 22: Investment case (cont)
INV ESTMENT CA SE ( CO N T) AltVest enjoys a number of these notable distribution advantages, these are: Remarkable story: The democratization of capital markets is a universal theme and particularly relevant in emerging markets; Early Strategic relationships: Each First on emerging of the founding
Slide 23: Launch dates
LAU NCH DA TE S Ongoing 30 30 30 05 SEP September September April May 2022 2021 2021 2022 2022 Fund raise start date Start of media Launch of CTSE Fund raise close AltVest IPO ALTimate Stakes campaign TV Show Launch
Slide 24: Appendix
APP E N D IX
Slide 25: Key risks & plans to de-risk
KEY R I SKS & PLAN S TO D E- R I S K Key Risk Why it’s important Plan to De-risk AltVest is a South African platform with • Diversification in company selection with different SA specific political & economic risk local domiciled companies on the levels of risk exposure platform • Prioritize risk ma
Slide 26: How it works
HOW IT WORKS 1. AltVest, a listed investment company similar to SPAC, sources investment opportunities for public capital raising; 2. Media partners publish the opportunity across various media platforms. An “invest now” option will be available. 3. A broker account is then opened with A-Trade, who
Slide 27: Why AltVest?
W HY ALTVEST? Bespoke Cost of providing Partnerships Fintech and other Media plays investment access to these provide unique platforms allow for critical role in options to opportunities has, mix of skills and easy and cost reaching, training ordinary people; up to now, been resources to solve effec
Slide 28: Arena Holdings
ARENA HOLDI NGS NEWS PRINT AND DIGITAL At the heart of Arena is a world-class newsroom that is committed to providing the country with breaking news from around the globe. TV ENTERTAINMENT AND RADIO Through our channels we take viewers from the latest trends in home décor to cutting edge business an
Slide 29: Reach millions
REACH MI LLI ONS P RINT, DIGITAL, TV Magazines 965,000 Financial Mail, SA Homeowner Daily Newspapers 2,207,000 Sowetan, Business Day, Daily Dispatch, The Herald Weekly Newspapers 3,853,000 Sunday Times, DD W/E Edition, Weekend Post Television 4,661,000 The Home Channel, Ignition, BDtv Total Audience
Slide 30: Arena social media and digital audience
ARENA (CONT.) S OC IAL ME D IA AN D D IG I T AL AU D I E N CE 150 000 3 810 714 3 840 635 11 995 378 LIFESTYLE TITLES ALL TITLES ALL TITLES UNIQUE BROWSERS ALL DIGITAL PLATFORMS
Slide 31: Education technology & digital media powerhouse
Education Technology & Digital Media Powerhouse The Urgent Problems Forging Sustainable and Innovative Solutions Youth unemployment Giving rising stars an edge - 80% of all economically inactive people are Interview prep, corporate education, youth (15 – 34) technical + soft skills - 53% of all unem
Slide 32: Footprint and reach
Footprint and Reach Fast growing community with strong engagement across multiple platforms 9.4 Million Twitter Impressions 500,000+ Web Hits 60,000+ Active Community Members 13,500+ Telegram Broadcast Subscribers Users in 127 countries 8,000+ with user concentration in Africa Weekly Newsletter Subs
Slide 33: Rich cross-platform engagement stats
Rich Cross-Platform Engagement Stats Social media engagement Twitter performance Newsletter performance 90.2% 102x higher Twitter engagement BankerX weekly email newsletters than median all industry consistently outperform peers within performance business & finance open rates of BankerX users use m
Slide 34: Applying analytics on big data to drive listing success
Applying Analytics on Big Data to Drive Listing Success Leveraging Data and Community Feedback to Analyze Opportunities in Real Time Run in-depth community Creating online forums per polls and votes to collate opportunity for community determine community wide based approach to due preferences and a
Slide 35: Opportunities will feature in digital magazine
Opportunities will Feature in Digital Magazine
Slide 36: BizNews – who we are
BIZ NE W S - WHO WE A R E Disruptive internet Use of technology Serving South Africa publishing business wherever possible with a global mindset Founded by Alec Hogg Remote working with hubs in in 2013 Johannesburg, Cape Town & Edinburgh
Slide 37: BizNews – what we stand for
BIZ NE W S - WHA T W E S TA N D F O R Independent – fiercely so Right of reply / both sides of the story BizNews community is at the center of our world The BizNews community determines when, what, where and how
Slide 38: BizNews network
BIZ NE W S NETW ORK BPH DIGEST COMMUNITY South Africans with a global mindset EVENTS TV PREMIUM RADIO
Slide 39: The numbers
T HE NUMB E RS BIZNEWS REACH (SUBS, SOCIAL MEDIA, CHANNEL ACCESS) - TOTAL 676 583 DATE NUMBER SOURCE Subscribers - Total 68 913 BizNews Insider newsletter Apr-21 42 886 Mailchimp BizNews TV YouTube Apr-21 18 436 YouTube BizNews App Mar-21 5 391 Good Barber BizNews Premium Mar-21 2 200 Memberpress So
Slide 40: AltVest pipeline: Lion Cage
ALTV EST PI PE LI N E : L I O N CA G E Lion Cage is a global Their vision is to identify Lion Cage is an interactive They already have a huge investor network attracting top entrepreneurs globally platform, allowing pipeline of companies keen some of the most but with a primary focus fundraising ent
Slide 41: AltVest pipeline (cont.)
ALTV EST PI PE LI N E ( C O N T. ) Lions Cage has in excess of 150 members, each of which are seasoned professional investors. AltVest will have access to Lions Cage deals as follows: • Lions Cage members and AltVest investors will receive invites to the weekly Lion Cage presentations; • Lion Cage m
Slide 42: Meet the Predators
M EET THE PRE D A TO RS Ha ns Otte r l i n g , b or n i n Sw e d e n , i s G e n e r a l Pa r tn e r of N o r t h zo n e zi n c e 20 0 6 . N o r t h zo n e h as r ai s ed n i n e f u n d s t o da te a nd h a s € 1. 5 b i l l i on u n d e r m a n a g e m e n t. T h e p or tfoli o i n c l u d es c o m
Slide 43: The Nielsen Network
T HE NI ELSON NET W O RK The Nielsen Network is a Digital First Broadcast Company focused on levering the power social media and digital distribution. The network develops new age communication strategies for executives and companies all over the world. Headed by Bronwyn Nielsen, former Editor-in-Ch
Slide 44: The ALTimate Stakes TV show
T HE AL TI MA TE ST A K ES TV S H O W We’re disrupting the game. Leveling the playing field. We’re giving the man on the street the ALTimate opportunity. To get ahead of the “old guard” and get the inside track on investing in some of the most exciting and lucrative start-ups in Africa! We’re bringi
Slide 45: The ALTimate Stakes – how the pitch episode works
T HE AL TI MA TE ST A K ES - H O W TH E P I TCH E PI SO D E WO R KS All three are brought back in SEGMENT SEGMENT In this opening segment which 6 1 front of the committee to review will include the logo build we their actions, their presentations. introduce the audience to the Audience winner announ
Slide 46: AltVest business model
ALTV EST B USI NE S S M O D EL DEPLOYING THE BEST OF LISTED EQUITY PRINCIPLES IN THE PRIVATE EQUITY SPACE: Operate a well constructed, diversified portfolio Enhance corporate strategy, Invest in businesses with an governance structures and attractive business model reporting of the target investment
Slide 47: AltVest investment strategy
ALTV EST I NVESTM EN T S TRA TEG Y The key principles driving our investment strategy include: ALIGNMENT OF PROTECTION OF UNDERVALUED ATTRACTIVE PARTNERSHIP VALUE INVESTING STAKEHOLDER CAPITAL BUSINESS BUSINESS MODEL INTERESTS An investor with an More time is spent AltVest invests in AltVest’s defin
Slide 48: AltVest operating model
ALTV EST OPE RA TIN G M O D EL Our hands on involvement in portfolio companies aims to deploy the best of listed equity principles in the private space SHAREHOLDER ENGAGEMENT EXECUTIVE MANAGEMENT SUPPORT PERFORMANCE MANAGEMENT AND CORPORATE GOVERNANCE • Foster collaborative relationships • Talk to C
Slide 49: Value unlock strategies
V ALU E UNLOCK ST R A TEG I ES Through collaboration and private engagement: ASSISTANCE WITH STRATEGY FORMULATION AND IMPLEMENTATION REMUNERATION POLICIES – ALIGN WITH SHAREHOLDER VALUE CREATION CAPITAL ALLOCATION POLICIES – BOLT-ON ACQUISITIONS, DISPOSALS, SHARE BUYBACKS, DIVIDEND POLICY ATTRACTION
Slide 50: Investment process and risk management
INV ESTMENT PROCES S A N D R I S K M A N A G E ME N T IDEA GENERATING ANALYSIS INVESTMENT • Weekly Team meeting • Extensive due diligence process • Consensus based Investment Committee • Bi weekly Ideas Session • Industry/company analysis process • Industry relationships • Expert discussions • Bi an
Slide 51: Company information
INV ESTMENT PROCES S A N D R I S K M A N A G E ME N T COMPANY INFORMATION FULL NAME AltVest Capital Limited TRADING NAME AltVest REGISTRATION NUMBER 2021/540736/06 REGISTERED ADDRESS 16 Empire Road, Parktown, Johannesburg TAX NUMBER 9618362199 BANKERS Mercantile Bank AUDITORS Deloitte BROKERS A-Trad
Slide 52: AltVest governance structure
ALTV EST GOVERNA N CE S TRUC TURE REMUNERATION AUDIT , RISK AND INVESTMENT COMMITTEE ETHICS COMMITTEE COMMITTEE COMPOSITION COMPOSITION COMPOSITION • Koshik Karan (Executive Director) • Warren Wheatley – Executive Director - • Bright Khumalo (Chair) • Faye Mukkadam (Independent Non To attend by invi
Slide 53: Operations team
OV ERVI EW OF THE TEA M - S TR UCTUR E O F AL T VE ST OPPERATIONS TEAM NAME POSITION QUALIFICATION EXPERIENCE Mr. K Karan BComm (Hons) in Chairman > 20 Years Experience Finance and Economics (UCT) Mr. W Wheatley CA (SA), CFP, PGP in Corporate Finance, > 20 Years Experience CEO PGD in Auditing Mr. R
Slide 54: Service providers
S ERV ICE PROVI D ERS CDH is a full service law firm – with an Vestra provides professional corporate Cape Town Stock Exchange is a group Atrade is a broker dealer and issuer extensive reach across Africa- consisting and regulatory advisory services to of companies that caters to the capital agent.
Slide 55: Why choose Vestra
V EST RA A D VI SORY Vestra understands The Vestra team the importance of has been involved in long term value added Vestra functions independently from WHY CHOOSE VESTRA numerous M&A activities solutions, and has the such as take-overs, ability to provide long providers of capital and MBO’s, carve-
Slide 56: Cape Town Stock Exchange group
CAPE TOWN STOCK EXCHANGE IS A GROUP OF COMPANIES THAT CATERS TO THE CAPITAL AND FUNDING REQUIREMENTS OF MID-SIZED CORPORATES. THE CTSE GROUP, SITUATED IN THE HEART OF CAPE TOWN IS A LICENCED FINANCIAL MARKET INFRASTRUCTURE (SECURITIES EXCHANGE) IN TERMS OF THE FINANCIAL MARKETS ACT. IT IS ONE OF ONL
Slide 57: Investors purchase regulated shares representing direct equity ownership
Investors being funds, trusts, companies or individuals purchase regulated shares that represent direct equity ownership. A-Trade manages the Investors and the SPV’s providing detailed reporting and turn-key services ECONOMIC INTEREST LEGAL FRAMEWORK Effective economic interest of a asset is proport
Slide 58: Our ideal investment
OU R IDEAL I NVE STM EN T Have the Companies Opportunities Established Strong Long term Companies appetite to looking to to release companies that management business with a invest on an expand and equity have a proven team and strategy valuation of Alternative raise Capital track record governance
Slide 59: Thank you
THANK YOU BROUGHT TO ALL INVESTORS EVERYWHERE BY: