We at NHCT are a group of responsible professionals with an aim to bring more efficiencies to healthcare.
We have been working on our vision since 2014 and have touched the lives of 75000+ users, providing them continuous and coordinated care.
We are now taking our commitment up a notch for the key contributors of our project. We are the only ICO to offer Strategic Protection for users who contribute more than 100K USD to the project. Under this plan, in case there is a downside from the amount contributed, an equivalent amount of equity would be offered to the contributors to make up for the loss.
- The contributor in NH Cayman must have full upside but a max of 10% downside on their contribution
Structuring in NH Cayman:
The contributor sends his contribution (BTC, ETH, USD) to designated wallet/bank account. Each NHCT token is priced at 0.032 USD
Tokens are assigned to the contributor which will get added to the smart contract.
Structuring in Recognized exchange:
It is proposed to get NHCT in a recognized exchange. The average price of the first 90 days closing price will be taken to calculate the availability of the put option. It is in the contributor's interest to exercise their option only if the average price is below 0.0288. In this case, they can opt to surrender their tokens in exchange for NH India equity equivalent to 90% of their purchase price.
Valuation of NH India Equity:
It will be the higher of:
1.5 times cash raised in the ICO or
50% of first round of capital raise into the company (equals USD 5 million)
Structure in NH India for equity issue:
Tokens will be surrendered to the wallet designated by NH Cayman
A preferential issue of equity shall be issued by NH India at face value
Contributor has to pay a nominal sum of Rs. 10 per share (approximately 15 cents per share) to NH India and have the equity allotted to them
They can choose to hold this equity or exit it at market price. At a valuation of 5million dollars, each share should be worth around USD 400 currently
Please Get in Touch with us in case you have any questions.