What rights do underlying investors have?

Republic Europe and our nominee entity will be parties to the shareholder and subscription agreements, but the underlying crowd investors will not. Republic Europe will also vote the crowd investors’ shares on their behalf, and does not “pass through” votes to the underlying crowd investors. Therefore the underlying Republic Europe investors will have the economic (or “beneficial”) entitlement to the shares, but all interaction on a corporate level will take place between your company and Republic Europe.