Royalty Update: TRFN - Lithuania HQ Catalogue - Payout #1
Royalty payout ID021 - 16 February 2024
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The TRFN - Lithuania HQ Catalogue (ID021) received US$2,653.22 for the month of October 2023, US$3,238.43 for the month of November 2023 and US$2,520.19 for the month of December 2023 as royalties from The Orchard (Q4 2023).
The auction for this catalogue was completed on November 30th 2023. Investors are exclusively entitled to receive royalties that were collected after the auction completion, referring to the adjusted total amount of US$5,758.61 (November 2023 and December 2023).
ANote Music investors are entitled to receive €2,672.70, corresponding to the 50% of the catalogue listed, pro-quota to the number of shares owned. The EUR/USD rate at the time of conversion (including the banking transaction fees) is equal to 1.0772.
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