Overview
- The preliminary agreement values Future Holdings at about CHF 600,000, comprising CHF 375,000 plus the company’s cash balance.
- Consideration would be paid in newly issued H100 shares priced at the most recent closing price before signing.
- The deal remains a non-binding letter of intent pending due diligence, regulatory approvals and final transaction documents, with both sides guiding to January 2026 for completion.
- Future Holdings was founded in November 2025 by Adam Back, Richard Byworth and Sebastien Hess, and Back previously provided H100 with a convertible loan in 2025.
- Published accounts of Future Holdings’ launch fundraising conflict, with reports citing roughly CHF 28 million or $35 million.