What do I need to know before I start the process?

The first step in the ICN for Securities of ICONOMI AG exchange process is submitting a valid non-binding interest, which will help us process the exchange easily and efficiently.

IMPORTANT

If you have already submitted a valid non-binding interest (if your ICN has status “ICONOMI - Reserved for exchange/Submitted to non-binding interest for Securities of ICONOMI AG”; you can check this by visiting your Account page on the ICONOMI platform), please proceed to the "Important Steps and Dates" article not to miss further steps and deadlines.

IMPORTANT

The final round of collecting a valid non-binding interest will end on December 31, 2019 at 24:00 CET (“final non-binding interest period”). After December 31, 2019, exchange of ICN tokens for Securities of ICONOMI AG will no longer be possible. All ICN tokens still on the ICONOMI platform after December 31, 2019 will automatically be converted to ETH at the exchange rate valid at that time.

Note: Your non-binding interest is valid only if you deposit(ed) your ICN tokens to your account on the ICONOMI platform and reserve(d) ICN for Securities of ICONOMI AG exchange and your ICN have the status “ICONOMI - Reserved for exchange/Submitted to non-binding interest for Securities of ICONOMI AG”; you can check this by visiting your Account page on the ICONOMI platform.

• Tier 2 verification is obligatory for exchanging ICN for Securities of ICONOMI AG 

All eligible holders of ICN tokens will have the right to exchange their ICN tokens for Securities the Liechtenstein holding company ICONOMI AG. However, eligibility requires Tier 2 verification on the ICONOMI platform. If you are a US citizen or otherwise ineligible for Tier 2 verification, see this article.

If you haven’t already, be sure to verify your account to Tier 2. 

• You can submit your non-binding interest for exchanging ICN for Securities of ICONOMI AG on the ICONOMI platform only 

If the ICN you want to exchange is already on the ICONOMI platform, you can use these instructions to start the process.

If your ICN tokens are stored in your own private wallet (like MyEtherWallet) or on an exchange, you will first need to transfer your ICN to your account on the ICONOMI platform. Please also check announcements from exchanges regarding their withdrawal deadlines for ICN. 

• US and other ICN token holders not eligible for Tier 2 verification 

 Please read the instructions here.

• Please check ”Important Steps, Dates and Exchange rate” article. 

You can find additional information for Investors, Securities offering related Prospectus and other materials and answers to FAQ on the Investors page.