| | THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON DECEMBER 22, 2022, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION TIME”). | | |
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| | | | | 39 | | |
| | |
High
|
| |
Low
|
| ||||||
Fiscal Year 2020 | | | | | | | | | | | | | |
First Quarter
|
| | | $ | 21.06 | | | | | $ | 9.27 | | |
Second Quarter
|
| | | $ | 18.03 | | | | | $ | 9.91 | | |
Third Quarter
|
| | | $ | 20.40 | | | | | $ | 15.61 | | |
Fourth Quarter
|
| | | $ | 17.48 | | | | | $ | 10.01 | | |
Fiscal Year 2021 | | | | | | | | | | | | | |
First Quarter
|
| | | $ | 11.88 | | | | | $ | 9.69 | | |
Second Quarter
|
| | | $ | 11.28 | | | | | $ | 10.33 | | |
Third Quarter
|
| | | $ | 10.65 | | | | | $ | 7.99 | | |
Fourth Quarter
|
| | | $ | 9.69 | | | | | $ | 7.45 | | |
Fiscal Year 2022 | | | | | | | | | | | | | |
First Quarter
|
| | | $ | 8.33 | | | | | $ | 5.16 | | |
Second Quarter
|
| | | $ | 5.67 | | | | | $ | 5.67 | | |
Third Quarter
|
| | | $ | 5.67 | | | | | $ | 5.67 | | |
Fourth Quarter (through November 21, 2022)
|
| | | $ | 5.67 | | | | | $ | 5.67 | | |
| | |
High
|
| |
Low
|
| ||||||
Fiscal Year 2020 | | | | | | | | | | | | | |
First Quarter
|
| | |
|
₽1,334.5
|
| | | |
|
₽797.5
|
| |
Second Quarter
|
| | |
|
₽1,229.5
|
| | | |
|
₽823.0
|
| |
Third Quarter
|
| | |
|
₽1,501.0
|
| | | |
|
₽1,191.5
|
| |
Fourth Quarter
|
| | |
|
₽1,361.0
|
| | | |
|
₽742.0
|
| |
Fiscal Year 2021 | | | | | | | | | | | | | |
First Quarter
|
| | |
|
₽881.5
|
| | | |
|
₽749.5
|
| |
Second Quarter
|
| | |
|
₽836.0
|
| | | |
|
₽770.5
|
| |
Third Quarter
|
| | |
|
₽785.0
|
| | | |
|
₽586.0
|
| |
Fourth Quarter
|
| | |
|
₽681.5
|
| | | |
|
₽551.0
|
| |
Fiscal Year 2022 | | | | | | | | | | | | | |
First Quarter
|
| | |
|
₽618.0
|
| | | |
|
₽329.5
|
| |
Second Quarter
|
| | |
|
₽492.0
|
| | | |
|
₽299.0
|
| |
Third Quarter
|
| | |
|
₽378.0
|
| | | |
|
₽279.5
|
| |
Fourth Quarter (through November 21, 2022)
|
| | |
|
₽441.5
|
| | | |
|
₽309.5
|
| |
Payment Date
|
| |
Cash Amount
|
| |||
12/14/2021
|
| | | $ | 0.30 | | |
09/15/2021
|
| | | $ | 0.30 | | |
06/30/2021
|
| | | $ | 0.22 | | |
05/05/2021
|
| | | $ | 0.31 | | |
12/09/2020
|
| | | $ | 0.34 | | |
09/30/2020
|
| | | $ | 0.33 | | |
06/10/2020
|
| | | $ | 0.14 | | |
04/15/2020
|
| | | $ | 0.22 | | |
12/09/2019
|
| | | $ | 0.28 | | |
09/05/2019
|
| | | $ | 0.28 | | |
06/04/2019
|
| | | $ | 0.28 | | |
Directors and Executive Officers
|
| |
Total
Class A Shares |
| |
Total
Class B Shares |
| |
Total
% of Issued Class A Shares |
| |
Total
% of Issued Class B Shares |
| |
Total
% of Votes at a General Meeting |
| |||||||||||||||
Sergey Solonin
|
| | | | 10,413,510 | | | | | | 4,861,390 | | | | | | 99.9% | | | | | | 9.3% | | | | | | 69.7% | | |
Alexey Blagirev
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Alexey Ivanov
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Alexey Solovyev
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Tatiana Zharkova
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Maria Shevchenko
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Oxana Sirotinina
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Andrey Protopopov
|
| | | | — | | | | | | 143,700 | | | | | | — | | | | | | 0.27% | | | | | | 0.09% | | |
Alexey Mashchenkov
|
| | | | — | | | | | | 35,938 | | | | | | — | | | | | | 0.07% | | | | | | 0.02% | | |
All directors and executive officers as a group
|
| | | | 10,413,510 | | | | | | 5,041,028 | | | | | | 99.9% | | | | | | 9.6% | | | | | | 69.8% | | |
Principal Shareholders: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sergey Solonin
|
| | | | 10,413,510 | | | | | | 4,861,390 | | | | | | 99.9% | | | | | | 9.3% | | | | | | 69.7% | | |
Public Joint-Stock Company «Otkritie Bank Financial Corporation»(1)
|
| | | | — | | | | | | 21,426,733 | | | | | | — | | | | | | 41.0% | | | | | | 13.7% | | |
|
SEC filing fee
|
| | | $ | 1,102 | | |
|
Depositary costs
|
| | | $ | 25,000 | | |
|
Information agent costs
|
| | | $ | 210,000 | | |
|
Legal fees and expenses
|
| | | $ | 100,000 | | |
|
Printing and related fees
|
| | | $ | 50,000 | | |
|
Total
|
| | | $ | 386,102 | | |
CONTENTS
|
| |
PAGE
|
| |||
| | | | 3 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 6 | | | |
| | | | 7 | | |
| | |
Note
|
| |
2021
|
| |
2020
|
| |||||||||
| | | | | | | | |
$
|
| |
$
|
| ||||||
General and administrative expenses
|
| | | | 5 | | | | | | (456,656) | | | | | | (3,789) | | |
Loss from operations
|
| | | | | | | | | | (456,656) | | | | | | (3,789) | | |
Compensation for breach of contract
|
| | | | 6 | | | | | | 4,750,000 | | | | | | — | | |
Impairment of investments
|
| | | | 6 | | | | | | (15,392,960) | | | | | | — | | |
Gain from sale of investments
|
| | | | | | | | | | — | | | | | | 13,081,200 | | |
Foreign exchange gain/(loss), net
|
| | | | | | | | | | (44,983) | | | | | | 23,896 | | |
Other income
|
| | | | | | | | | | — | | | | | | 88,158 | | |
Profit/(loss) before tax
|
| | | | | | | | | | (11,144,599) | | | | | | 13,189,465 | | |
Income tax
|
| | | | | | | | | | — | | | | | | — | | |
Net profit/(loss)
|
| | | | | | | | | | (11,144,599) | | | | | | 13,189,465 | | |
Other comprehensive income
|
| | | | | | | | | | — | | | | | | — | | |
Total other comprehensive (loss)/income, net of tax
|
| | | | | | | | | | (11,144,599) | | | | | | 13,189,465 | | |
Earnings per share: | | | | | | | | | | | | | | | | | | | |
Basic, profit attributable to ordinary equity holders of the parent
|
| | | | 8 | | | | | | (22,289) | | | | | | 26,379 | | |
Diluted, profit attributable to ordinary equity holders of the parent
|
| | | | 8 | | | | | | (22,289) | | | | | | 26,379 | | |
| | |
Note
|
| |
2021
|
| |
2020
|
| |||||||||
| | | | | | | | |
$
|
| |
$
|
| ||||||
Assets | | | | | | | | | | | | | | | | | | | |
Non-current assets | | | | | | | | | | | | | | | | | | | |
Investments
|
| | | | 6 | | | | | | 1,007,500 | | | | | | — | | |
Advance for Investments
|
| | | | 6 | | | | | | — | | | | | | 47,500,00 | | |
Current assets | | | | | | | | | | | | | | | | | | | |
Receivables
|
| | | | | | | | | | 500 | | | | | | 500 | | |
Cash and cash equivalents
|
| | | | 7 | | | | | | 17,519,962 | | | | | | 287,784 | | |
Total assets
|
| | | | | | | | |
|
18,527,962
|
| | | |
|
47,788,284
|
| |
Equity | | | | | | | | | | | | | | | | | | | |
Share capital
|
| | | | | | | | | | 500 | | | | | | 500 | | |
Retained earnings
|
| | | | | | | | | | 1,987,973 | | | | | | 13,132,572 | | |
Total equity
|
| | | | | | | | | | 1,988,473 | | | |
13 133 072
|
| |||
Non-current liabilities | | | | | | | | | | | | | | | | | | | |
Borrowed funds
|
| | | | 9 | | | | | | 16,539,489 | | | | | | 34,655,213 | | |
Total equity and liabilities
|
| | | | | | | | | | 18,527,962 | | | | | | 47,788,284 | | |
| | |
Share capital
|
| | | | | | | | | | | | | |||||||||
| | |
Number of
shares issued and outstanding |
| |
Amount
|
| |
Retained earnings
|
| |
Total equity
|
| ||||||||||||
Balance as of January 1, 2020
|
| | | | 500 | | | | | | 500 | | | | | | (56,893) | | | |
(56 393)
|
| |||
Profit for the period
|
| | | | — | | | | | | — | | | | | | 13,189,465 | | | | | | 13,189,465 | | |
Balance as of December 31, 2020
|
| | | | 500 | | | | | | 500 | | | | | | 13,132,572 | | | | | | 13,133,072 | | |
Profit for the period
|
| | | | — | | | | | | — | | | | | | (11,144,599) | | | | | | (11,144,599) | | |
Balance as of December 31, 2021
|
| | | | 500 | | | | | | 500 | | | | | | 1,987,973 | | | | | | 1,988,473 | | |
| | |
Note
|
| |
2021
|
| |
2020
|
| |||||||||
| | | | | | | | |
$
|
| |
$
|
| ||||||
Operating activities | | | | | | | | | | | | | | | | | | | |
Cash paid to suppliers
|
| | | | | | | | | | (17,243) | | | | | | (282) | | |
Net cash flow used in operating activities
|
| | | | | | | | | | (17,243) | | | | | | (282) | | |
Investing activities | | | | | | | | | | | | | | | | | | | |
Refund of advance for Investments
|
| | | | | | | | | | 52,250,000 | | | | | | — | | |
Purchase of Investments
|
| | | | | | | | | | (16,143,095) | | | | | | — | | |
Proceeds from sale Investments
|
| | | | | | | | | | — | | | | | | 4,465,000 | | |
Net cash flow generated from investing activities
|
| | | | | | | | | | 36,106,905 | | | | | | 4,465,000 | | |
Financing activities | | | | | | | | | | | | | | | | | | | |
Repayment of borrowed funds
|
| | | | | | | | | | (18,815,979) | | | | | | (1,788,587) | | |
Repayment to the principal
|
| | | | | | | | | | — | | | | | | (2,411,842) | | |
Net cash flow used in financing activities
|
| | | | | | | | | | (18,815,979) | | | | | | (4,200,429) | | |
Effect of exchange rate changes on cash and cash equivalents
|
| | | | | | | | | | (41,505) | | | | | | 20,389 | | |
Net increase in cash and cash equivalents
|
| | | | | | | | | | 17,232,178 | | | | | | 284,677 | | |
Cash and cash equivalents at the beginning of the period
|
| | | | 7 | | | | | | 287,784 | | | | | | 3,107 | | |
Cash and cash equivalents at the end of the period
|
| | | | 7 | | | | | | 17,519,962 | | | | | | 287,784 | | |
| | |
2021
|
| |
2020
|
| ||||||
| | |
$
|
| |
$
|
| ||||||
Consulting services
|
| | | | 12,105 | | | | | | 3,525 | | |
Assignment costs
|
| | | | 442,448 | | | | | | — | | |
Other expenses
|
| | | | 2,103 | | | | | | 264 | | |
| | | | | 456,656 | | | | | | 3,789 | | |
| | |
2021
|
| |
2020
|
| ||||||
| | |
$
|
| |
$
|
| ||||||
Balance at 1 January
|
| | | | — | | | | | | — | | |
Additions
|
| | | | 16,400,460 | | | | | | — | | |
Impairment charge
|
| | | | (15,392,960) | | | | | | — | | |
Balance at 31 December
|
| | |
|
1,007,500
|
| | | | | — | | |
Name
|
| |
2021
Holding |
| |
2020
Holding |
| |
2021
|
| |
2020
|
| ||||||||||||
| | |
%
|
| |
%
|
| |
$
|
| |
$
|
| ||||||||||||
Harrow Holdings Ltd
|
| | | | 100% | | | | | | 70,6% | | | | | | — | | | | | | — | | |
Target Global Selected Opportunities LLC
|
| | | | 5,1% | | | | | | — | | | | | | 1,007,500 | | | | | | — | | |
| | | | | | | | | | | | | | | | | 1,007,500 | | | | | | — | | |
| | |
2021
|
| |
2020
|
| ||||||
| | |
$
|
| |
$
|
| ||||||
USD Account in Credit Suisse AG
|
| | | | 17,045,641 | | | | | | 63,924 | | |
EUR Account in Credit Suisse AG
|
| | | | 474,321 | | | | | | 223,860 | | |
Total cash
|
| | | | 17,519,962 | | | | | | 287,784 | | |
| | |
2021
|
| |
2020
|
| ||||||
| | |
$
|
| |
$
|
| ||||||
Net profit/(loss) attributable to ordinary equity holders of the Company for basic
earnings |
| | | | (11,144,599) | | | | | | 13,189,465 | | |
Weighted average number of ordinary shares for basic earnings per share
|
| | |
|
500
|
| | | |
|
500
|
| |
Weighted average number of ordinary shares for diluted earnings per share
|
| | |
|
500
|
| | | |
|
500
|
| |
Earnings per share: | | | | | | | | | | | | | |
Basic, profit attributable to ordinary equity holders of the Company
|
| | | | (22,289) | | | | | | 26,379 | | |
Diluted, profit attributable to ordinary equity holders of the Company
|
| | | | (22,289) | | | | | | 26,379 | | |
Lender
|
| |
Country
|
| |
Original
currency |
| |
Initial
principle balance in original currency |
| |
Date of
granting |
| |
Maturity
date |
| |
Interest
rate |
| |
2021
|
| |
2020
|
| ||||||||||||
| | | | | | | | | | | | | | | | | | | | |
%
|
| |
$
|
| |
$
|
| |||||||||
Solonin Sergey
|
| | Russia | | |
USD
|
| |
47 500 000
|
| |
1-aug-18
|
| | | | 1-aug-2023 | | | | | | 0% | | | | | | 16,539,489 | | | | | | 34,655,213 | | |
December 31, 2021
|
| |
On demand
|
| |
from 1 to 3 years
|
| |
more than 3 years
|
| |
Total
|
|
| | |
$
|
| |
$
|
| |
$
|
| |
$
|
|
Borrowings
|
| |
—
|
| |
16,539,489
|
| |
—
|
| |
—
|
|
December 31, 2020
|
| |
On demand
|
| |
from 1 to 3 years
|
| |
more than 3 years
|
| |
Total
|
|
| | |
$
|
| |
$
|
| |
$
|
| |
$
|
|
Borrowings
|
| |
—
|
| |
34,655,213
|
| |
—
|
| |
—
|
|
CONTENTS
|
| |
PAGE
|
| |||
| | | | 3 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 6 | | | |
| | | | 7 | | |
| | | | | | | | |
Three months
ended |
| |
Nine months
ended |
| |
Three months
ended |
| |
Nine months
ended |
| ||||||||||||
| | |
Note
|
| |
September 30, 2021
|
| |
September 30, 2022
|
| |||||||||||||||||||||
| | | | | | | | |
$
|
| |
$
|
| |
$
|
| |
$
|
| ||||||||||||
General and administrative expenses
|
| | | | 3 | | | | | | (1,326) | | | | | | (454,764) | | | | | | (210,407) | | | | | | (277,301) | | |
Loss from operations
|
| | | | | | | | | | (1,326) | | | | | | (454,764) | | | | | | (210,407) | | | | | | (277,301) | | |
Compensation for breach of contract
|
| | | | 4 | | | | | | — | | | | | | 4,750,000 | | | | | | — | | | | | | — | | |
Interest income
|
| | | | | | | | | | — | | | | | | — | | | | | | 21,931 | | | | | | 21,931 | | |
Foreign exchange gain/(loss), net
|
| | | | | | | | | | (8,495) | | | | | | (24,765) | | | | | | (11,754) | | | | | | (45,957) | | |
Profit/(loss) before tax
|
| | | | | | | | | | (9,821) | | | | | | 4,270,471 | | | | | | (200,230) | | | | | | (301,327) | | |
Income tax
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Net profit/(loss)
|
| | | | | | | | | | (9,821) | | | | | | 4,270,471 | | | | | | (200,230) | | | | | | (301,327) | | |
Other comprehensive income
|
| | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total other comprehensive (loss)/income, net of tax
|
| | | | | | | | | | (9,821) | | | | | | 4,270,471 | | | | | | (200,230) | | | | | | (301,327) | | |
Earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Basic, profit attributable to ordinary equity holders of the parent
|
| | | | | | | | | | (20) | | | | | | 8,541 | | | | | | (400) | | | | | | (603) | | |
Diluted, profit attributable to ordinary equity holders of the parent
|
| | | | | | | | | | (20) | | | | | | 8,541 | | | | | | (400) | | | | | | (603) | | |
| | |
Note
|
| |
As of
December 31, 2021 |
| |
As of
September 30, 2022 |
| |||||||||
| | | | | | | | |
$
|
| |
$
|
| ||||||
Assets | | | | | | | | | | | | | | | | | | | |
Non-current assets | | | | | | | | | | | | | | | | | | | |
Investments
|
| | | | 4 | | | | | | 1,007,500 | | | | | | 13,180,975 | | |
Current assets | | | | | | | | | | | | | | | | | | | |
Receivables
|
| | | | | | | | | | 500 | | | | | | 500 | | |
Cash and cash equivalents
|
| | | | 5 | | | | | | 17,519,962 | | | | | | 8,045,160 | | |
Total assets
|
| | | | | | | | | | 18,527,962 | | | | | | 21,226,635 | | |
Equity | | | | | | | | | | | | | | | | | | | |
Share capital
|
| | | | | | | | | | 500 | | | | | | 500 | | |
Retained earnings
|
| | | | | | | | | | 1,987,973 | | | | | | 1,686,646 | | |
Total equity
|
| | | | | | | | | | 1,988,473 | | | | | | 1,687,146 | | |
Non-current liabilities | | | | | | | | | | | | | | | | | | | |
Borrowed funds
|
| | | | 6 | | | | | | 16,539,489 | | | | | | 19,539,489 | | |
Total equity and liabilities
|
| | | | | | | | | | 18,527,962 | | | | | | 21,226,635 | | |
| | |
Share capital
|
| | | | | | | | | | | | | |||||||||
| | |
Number of
shares issued and outstanding |
| |
Amount
|
| |
Retained
earnings |
| |
Total
equity |
| ||||||||||||
Balance as of January 1, 2021
|
| | | | 500 | | | | | | 500 | | | | | | 13,132,572 | | | | | | 13,133,072 | | |
Profit for the period
|
| | | | — | | | | | | — | | | | | | 4,270,471 | | | | | | 4,270,471 | | |
Balance as of September 30, 2021
|
| | | | 500 | | | | | | 500 | | | | | | 17,403,043 | | | | | | 17,403,543 | | |
| | |
Share capital
|
| | | | | | | | | | | | | |||||||||
| | |
Number of
shares issued and outstanding |
| |
Amount
|
| |
Retained
earnings |
| |
Total
equity |
| ||||||||||||
Balance as of January 1, 2022
|
| | | | 500 | | | | | | 500 | | | | | | 1,987,973 | | | | | | 1,988,473 | | |
Loss for the period
|
| | | | — | | | | | | — | | | | | | (301,327) | | | | | | (301,327) | | |
Balance as of September 30, 2022
|
| | | | 500 | | | | | | 500 | | | | | | 1,686,646 | | | | | | 1,687,146 | | |
| | |
Nine months ended
|
| |||||||||
| | |
September 30,
2021 |
| |
September 30,
2022 |
| ||||||
| | |
$
|
| |
$
|
| ||||||
Operating activities | | | | | | | | | | | | | |
Interest received
|
| | | | — | | | | | | 22,931 | | |
Cash paid to suppliers
|
| | | | (11,779) | | | | | | (259,490) | | |
Net cash flow used in operating activities
|
| | | | (11,779) | | | | | | (236,559) | | |
Investing activities | | | | | | | | | | | | | |
Refund of advance for Investments
|
| | | | 52,250,000 | | | | | | — | | |
Purchase of Investments
|
| | | | (15,135,595) | | | | | | (12,173,475) | | |
Proceeds from sale Investments
|
| | | | | | | | | | | | |
Net cash flow generated from/(used in) investing activities
|
| | | | 37,114,405 | | | | | | (12,173,475) | | |
Financing activities | | | | | | | | | | | | | |
Cash received from borrowings
|
| | | | — | | | | | | 3,000,000 | | |
Repayment of borrowed funds
|
| | | | (18,815,979) | | | | | | — | | |
Net cash flow generated from/(used in) financing activities
|
| | | | (18,815,979) | | | | | | 3,000,000 | | |
Effect of exchange rate changes on cash and cash equivalents
|
| | | | (24,859) | | | | | | (64,768) | | |
Net increase in cash and cash equivalents
|
| | | | 18,261,788 | | | | | | (9,474,802) | | |
Cash and cash equivalents at the beginning of the period
|
| | | | 287,784 | | | | | | 17,519,962 | | |
Cash and cash equivalents at the end of the period
|
| | | | 18,549,572 | | | | | | 8,045,160 | | |
| | |
Three months
ended September 30, 2021 |
| |
Nine months
ended September 30, 2021 |
| |
Three months
ended September 30, 2022 |
| |
Nine months
ended September 30, 2022 |
| ||||||||||||
| | |
$
|
| |
$
|
| |
$
|
| |
$
|
| ||||||||||||
Consulting services
|
| | | | (959) | | | | | | (10,419) | | | | | | (207,092) | | | | | | (273,336) | | |
Assignment costs
|
| | | | — | | | | | | (442,448) | | | | | | — | | | | | | — | | |
Other expenses
|
| | | | (367) | | | | | | (1,897) | | | | | | (3,315) | | | | | | (3,965) | | |
| | | | | (1,326) | | | | | | (454,764) | | | | | | (210,407) | | | | | | (277,301) | | |
| | |
2022
|
| |||
| | |
$
|
| |||
Balance at 1 January
|
| | | | 1,007,500 | | |
Additions
|
| | | | 12,173,475 | | |
Balance at 30 September
|
| | | | 13,180,975 | | |
Name
|
| |
December 31,
2021 Holding |
| |
September 30,
2022 Holding |
| |
December 31,
2021 |
| |
September 30,
2022 |
| ||||||||||||
| | |
%
|
| |
%
|
| |
$
|
| |
$
|
| ||||||||||||
Harrow Holdings Ltd
|
| | | | 100% | | | | | | 100% | | | | | | — | | | | | | — | | |
Target Global Selected Opportunities LLC
|
| | | | 5.1% | | | | | | 5.1% | | | | | | 1,007,500 | | | | | | 1,027,500 | | |
QIWI plc
|
| | | | — | | | | | | 7.75% | | | | | | — | | | | | | 12,153,475 | | |
| | | | | | | | | | | | | | | | | 1,007,500 | | | | | | 13,180,975 | | |
| | |
As of
December 31, 2021 |
| |
As of
September 30, 2022 |
| ||||||
| | |
$
|
| |
$
|
| ||||||
USD deposit in Pacific Stock Transfer Company
|
| | | | — | | | | | | 7,846,525 | | |
USD Account in Credit Suisse AG
|
| | | | 17,045,641 | | | | | | 13,260 | | |
EUR Account in Credit Suisse AG
|
| | | | 474,321 | | | | | | 185,375 | | |
Total cash
|
| | | | 17,519,962 | | | | | | 8,045,160 | | |
Lender
|
| |
Original
currency |
| |
Credit
limit |
| |
Utilised
limit |
| |
Date of
granting |
| |
Maturity
date |
| |
Interest
rate |
| |
As of
December 31, 2021 |
| |
As of
September 30, 2022 |
| |||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | |
%
|
| |
$
|
| |
$
|
| |||||||||
Sergey Solonin
|
| |
USD
|
| | | | 47,500,000 | | | | | | 47,500,000 | | | |
1-aug-18
|
| |
1-aug-2023
|
| | | | 0% | | | | | | 16,539,489 | | | | | | 16,539,489 | | |
Sergey Solonin
|
| |
USD
|
| | | | 11,000,000 | | | | | | 3,000,000 | | | |
19-July-22
|
| |
31-dec-2024
|
| | | | 0% | | | | | | — | | | | | | 3,000,000 | | |
Total | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 16,539,489 | | | | | | 19,539,489 | | |