Legal Advice to Lumitrix18/07/16 / News
KŠB advised Lumitrix, a video mapping software and hardware start-up developer and producer, on a joint-venture with Y Soft Ventures.
The full-service legal advice included negotiations and drafting the investment and joint-venture agreements, right-of-first-refusal clauses, loan agreements and advice on corporate issues such as general meetings, transfers of shareholdings between shareholders and structuring of shareholdings.
Y Soft Ventures investment into Lumitrix amounted to USD 1 million. Video mapping is the audio-visual art of projecting images onto objects, which is largely used in the entertainment industry but also increasingly within the concept of smart cities.