In many Swiss companies, issuing participation certificates is a proven means of raising additional capital without jeopardizing entrepreneurial flexibility or slowing down decision-making processes. 1000FTAD AG takes advantage of precisely these benefits when it uses participation certificates as a financing instrument.
What are participation certificates?
Participation certificates are registered shares without voting rights that grant the holder economic rights such as entitlement to dividends and a share in the liquidation proceeds, but do not grant voting or participation rights at the general meeting.
In short:
- Investors benefit financially from the success story
- However, they cannot have a say in strategy, market presence, or operational decisions.
Advantage for 1000FTAD AG – maximum flexibility in terms of capital and decisions
1000FTAD AG retains entrepreneurial freedom of action
One of the biggest disadvantages for many start-ups and scale-ups arises when investors with strong voting rights block or delay important decisions (e.g., discontinuation of new products, pivot strategies, acquisitions).
With non-voting participation certificates, 1000FTAD AG can:
- Raise capital without relinquishing decision-making power.
- respond quickly to market changes,
- and the entire management team continues to act with a clear focus.
If investors held shares with voting rights, management could be blocked on key issues—especially in young, fast-growing tech companies such as 1000FTAD AG, where decisions often have to be made in days rather than months.
No dilution of control over vision and strategy
Especially in technology-driven companies such as 1000FTAD AG—a provider of fully automated forex trading—it can be strategically damaging when many external voices seek to exert influence.
Participation certificates enable:
- Capital inflow without dilution of voting rights,
- clear management structures,
- a strategic focus on technological developments and growth strategies
Advantage for investors – attractive returns with reduced governance risk
Profit sharing instead of control obligations
Investors receive:
- Share of net income (dividend),
- Share of liquidation proceeds in the event of exit,
- Subscription rights to future shares.
This means you participate directly in the economic success without being drawn into operational disputes.
Lower requirements for active engagement
Many investors want financial participation but do not want to deal with corporate issues.
Non-voting registered shares are ideal for this purpose:
- they provide financial access to growth stocks,
- They avoid time-consuming and resource-intensive control obligations.
Examples from Switzerland: Successful use of non-voting capital instruments
Roche (participation certificates)
A classic example is Roche, which for many years has been issuing large quantities of non-voting shares (known as "participation certificates") that grant economic rights to their holders. These are now being gradually converted into participation certificates, but remain economically equivalent.
This capital instrument enabled Roche to finance long-term growth without losing control of its strategic direction – an example of how modern capital structures in Switzerland also work for global companies.
Basler Kantonalbank (BKB participation certificates)
Basler Kantonalbank also trades participation certificates, which offer investors economic participation without giving them a say in the management of the company.
Win-win structure for 1000FTAD AG and investors
For 1000FTAD AG, issuing non-voting registered shares means:
✔️ Raising capital without governance risks.
✔️ Fast, unbureaucratic decision-making.
✔️ Protection of the entrepreneurial vision.
For investors, the same instrument means:
✔️ Participation in economic success.
✔️ Attractive return opportunities.
✔️ No complex management role or control obligations.
Participation certificates combine capital inflows with operational freedom—for both sides.
Investors benefit financially without blocking the company's decision-making processes; 1000FTAD AG receives funds for growth without losing strategic agility.
