The compliance pack, in public.

The issuer entity is Flo Global Markets Ltd. (BVI), separate from the operating company. Flo Global Markets Ltd. is the sole investor in Flo Capital SPC (Cayman), a bankruptcy-remote Segregated Portfolio Company with an independent director and a trust-like shareholding arrangement; Flo Capital SPC holds the underlying securities. Flo Finance, Inc. has no ownership interest in either entity, it provides services under arm's-length agreements. Any outcome at the operating company is contained there. Note holders retain their direct entitlement from the issuer, and the underlying remains segregated at the broker-dealer in the SPC's name.

No. Flo tokens are transferable securities under MiFID II, issued as Swiss-law structured notes and documented under the EU Prospectus Regulation via the FMA-approved Liechtenstein base prospectus. MiCA expressly excludes transferable securities (Article 2(4)(a)), so MiCA's stablecoin and E-Money Token classifications do not apply.

Flo runs a total-return model. Token supply changes only on mint and redeem; every other economic event at the underlying flows through NAV per token. (a) Cash dividends: Flo Capital SPC's broker receives the dividend net of any applicable issuer-country withholding tax, reinvests the net cash into more of the same underlying, and the resulting higher shares-per-token ratio is reflected in NAV per token. Token supply stays the same; NAV per token rises by the corresponding amount, captured in the next /v1/positions read and the next proof-of-reserves snapshot. Holders receive the dividend value as token-price appreciation, and can convert any portion to cash via the redeem endpoint at any time. (b) Stock splits: token supply stays the same. Flo Capital SPC's share count adjusts by the split ratio (forward or reverse) and NAV per token reflects the new shares-per-token ratio. Dollar-value backing per token is preserved across the split. (c) Cash M&A: notes redeem at the deal price on closing; proceeds flow through the standard redeem rail. Stock-for-stock M&A: Flo Capital SPC receives the new issuer's shares and the note continues to track the new entity. Special dividends, scrip dividends, and rights issues follow the same accumulating treatment: proceeds reinvest into the underlying and NAV per token captures the value. Bond coupons and money-market accruals follow the same rule: Flo Capital SPC reinvests, token supply stays the same, and NAV per token accrues.

Yes. Security tokens governed by Swiss law, issued by Flo Global Markets Ltd. (BVI) under a base prospectus approved by the Liechtenstein Financial Market Authority (FMA) and passportable across the EEA. Flo Global Markets Ltd. is the sole investor in Flo Capital SPC (Cayman), a bankruptcy-remote Segregated Portfolio Company with an independent director that holds the underlying securities in segregated brokerage accounts at SEC-registered broker-dealers. Full document pack available under NDA via compliance@flo.finance.

Flo tokens are permissionless ERC-20s and transfer freely on the secondary market under EU/EEA law. Token contracts have no on-chain wallet allowlist. The offering is non-US: Flo does not solicit or distribute to US persons at the SDK layer. Partners distribute the offering to non-US users in their respective jurisdictions.

Token custody sits with the partner and their end users; Flo does not custody token-holder wallets. EOA (single-key) wallets are not recoverable: if the private key is lost, the assets at that address are permanently inaccessible. Flo strongly recommends threshold-MPC wallets for any institutional partner (typical configurations are 5-of-7 or 3-of-5), which let any quorum of remaining key-holders rotate a lost or compromised key without any loss of access. Compatible MPC platforms are widely available; partners choose the one that fits their team and compliance posture.

No. Tokens transfer permissionlessly on-chain, and the blockchain ledger itself acts as the authoritative record of ownership. There is no separate transfer-agent register parallel to the chain.