The ETC Model &
Path to IPO
Safebet Holdings is an Equity Treasury Company (ETC) — we acquire and hold public equities as treasury assets for long-term appreciation, similar to how MicroStrategy holds Bitcoin. Preparing to list on the UAE stock exchange.
Equity Treasury Company
An Equity Treasury Company (ETC) is a company whose primary business is acquiring and holding public equities as its core treasury asset. Just as MicroStrategy transformed itself into a Bitcoin treasury company — buying and holding Bitcoin as its primary reserve asset — Safebet Holdings does the same with a diversified portfolio of deeply undervalued public equities.
The key difference: while MicroStrategy concentrates on a single asset (Bitcoin), we hold a portfolio of carefully selected companies bought at prices where there is virtually zero chance of permanent loss. Our equities are not trading positions — they are treasury assets held for long-term appreciation.
This model means our common stock (SBET) acts as a leveraged play on the underlying equity portfolio — as the treasury grows in value, SBET shareholders benefit from the full appreciation.
How it works
Comparison
Common Share
SBET
Safebet Holdings common shares represent ownership equity. SBET acts as a leveraged play on our equity treasury — shareholders participate in the full upside as the treasury portfolio appreciates in value over time.
Type
Common Equity
Voting Rights
Yes
Preferred Perpetual Share
SBETS
"Safebet Save"
Safebet Save — Fixed Yield Perpetual Preferred Stock. A fixed-income investment providing consistent, predictable yield backed by our equity treasury.
Fixed Yield
10% APY
Target Raise
1B AED
Safebet Save (SBETS)
Yield Structure
Fixed APY
10%
Distributed monthly
Yield Type
Fixed
Simple & predictable
Duration
Perpetual
No maturity date
Preferred shareholders receive a fixed yield of 10% APY, distributed monthly. Super simple — one fixed rate, paid every month, no complexity. The stock has no maturity date.
Payment Deferral Right
Safebet Holdings reserves the right to defer yield payments for up to 24 months — a protective mechanism for extraordinary circumstances.
Deferral Period
Up to 24 Months
Maximum deferral in extraordinary circumstances.
During 24 Months
No Extra Accrual
Deferred payments accumulate at face value only.
After 24 Months
+10% APY Penalty
Additional penalty yield for a maximum of 5 years.
Terms Summary
| Ticker Symbol | SBETS (Safebet Save) |
| Company Type | Equity Treasury Company (ETC) |
| Instrument Type | Safebet Save — Fixed Yield Perpetual Preferred Stock |
| Target Raise | 1,000,000,000 AED |
| Fixed Yield | 10% APY (distributed monthly) |
| Maturity | Perpetual (no maturity date) |
| Deferral Right | Up to 24 months (no additional accrual) |
| Penalty Yield | +10% APY on unpaid amounts after 24 months (up to 5 years) |
| Listing Exchange | ADX or DFM (under evaluation) |
How Capital Flows Through the ETC
Raise Capital
Issue SBETS preferred stock to raise 1B AED from investors seeking fixed yield income.
Deploy to Equities
Invest capital into deeply undervalued public companies at our super-safe entry prices.
Hold as Treasury
Equities become treasury assets. We hold long-term, trade actively, and manage positions.
Value Appreciates
As treasury grows, SBET common stock value increases. SBETS holders receive steady yield.
Roadmap to Listing
Exchange Selection
Evaluating Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) to determine the optimal listing venue.
Regulatory Preparation
Preparing all required documentation, corporate governance frameworks, and compliance structures.
Capital Raise — Preferred Stock Offering
Issuing Safebet Save — SBETS on the public market to raise 1 Billion AED in initial capital.
Portfolio Deployment
Deploying raised capital into carefully selected asymmetric investment opportunities across public equities.
Scale to 100 Billion AED AUM
Growing AUM to 100B AED by 2035 through capital appreciation, strategic reinvestment, and additional raises.
1 Trillion AED AUM
Reaching 1T AED in AUM by 2040, establishing Safebet Holdings as one of the region's largest investment holding companies.
100B
AED AUM by 2035
1T
AED AUM by 2040