What is the Put Option?
The investor's right to return virtual shares under defined conditions.
The put option is the investor's right to return their virtual shares (profit participation rights / tokens) to the company under defined conditions and receive compensation.
It can be exercised at regular intervals (e.g., quarterly) and is subject to clearly defined deadlines and valuation mechanisms.
Depending on the terms, the company may offer actual GmbH shares instead of a cash payment. The put option can be adjusted or excluded by the company.