APX Group  ×  MMG / Dezzai

Strategic Advisory, Fund Raising and Tokenization Offer

Fundraising  ·  Tokenization  ·  Sovereign & Enterprise Expansion  ·  Token-Driven Engagement  ·  Developer & Community Acquisition

Date: 4 May 2026 · Confidential | Indicative Advisory Offer

Authorized recipients only. Passcode provided separately by APX.

USD 18K
Monthly Retainer
9 Mo
Engagement Term
7.5%
Mandate Success Fee
EUR 10M
Capital Raise Target
Cross-Channel Execution Institutional Discipline Embedded Operating Partner Performance-Aligned APX Capital Network

Five-Phase Engagement Architecture

A staged execution system covering capital formation, tokenization, sovereign and enterprise expansion, token-driven engagement, and developer and community acquisition.
Phase 1

Fundraising Activity

Capital strategy, investor materials, data room, targeting and outreach, term-negotiation support, and closing coordination for the EUR 10M growth round at the EUR 100M valuation.

01
Phase 2

Tokenization (DEZZAI Token)

Solana-default or chain-flexible architecture for the DEZZAI Token: AI-agent identity, attestation, compute credits, SME licence access, ecosystem design, compliance posture, and launch execution.

02
Phase 3

Sovereign & Enterprise Expansion

Sovereign and enterprise account-targeting playbook for KSA / GCC, expansion into ASEAN and LATAM, integrated four-pillar revenue execution across Querix Sovereign, Querix Distributed SaaS, Dentomo API, Dentomatics Hardware, and VetGo.

03
Phase 4

Token-Driven Engagement

Tokenized engagement framework: AI-agent identity, retention, referral mechanics, sovereign-and-enterprise to recurring conversion, and first-party data.

04
Phase 5

Developer & Community Acquisition

Standalone APX service: GTM around DEZZAI Token launch — audience, campaigns, retention, ambassadors, integrators, and operating controls.

05

Strategic Snapshot

TermDefinitionReference
Engagement TermNine (9) months from the Effective DateSection 9
Monthly RetainerUSD 18,000 per monthSection 8
Mandate Success Fee7.5% flat on gross cash proceeds raised from APX-introduced investorsSection 8
Capital Raise TargetEUR 10,000,000 growth-capital round at EUR 100M valuationSection 7
APXCOIN EscrowUSD 3,000,000 equivalent in milestone-controlled escrow (eight tranches)Section 7
APXCOIN Treasury Reserve10,000,000 APXCOIN contingent on token-venture launchSection 8
ScopeFive integrated phases: Fundraising, Tokenization, Sovereign & Enterprise Expansion, Engagement, Developer & Community AcquisitionSection 5
Governing LawDelaware; JAMS arbitration in New YorkSection 9

Summary of Terms

This table converts the core commercial terms into a direct navigation layer. Every cell is actionable and jumps to the relevant operative section.

Strategic TermOffer PositionOperational MeaningReference Section
Engagement TermNine (9) monthsIndicative term from the Effective Date.Section 9
Monthly RetainerUSD 18,000 per monthBase retainer for Phase 1 and ongoing strategic services.Section 8
Monthly Expense ThresholdUSD 2,000 per monthThird-party costs above this require prior written approval.Section 8
Mandate Success Fee7.5% flatOn gross cash proceeds raised from APX-introduced, sourced, or coordinated investors.Section 8
Performance BonusUp to USD 250,000KPI-linked, payable per milestone schedule in definitive documentation.Section 8
Equity Alignment1.0% fully-diluted indicativeAdvisory equity or warrant package, terms in Definitive Documentation.Section 8
APXCOIN EscrowUSD 3,000,000 equivalentMilestone-controlled, eight tranches, supports marketing, acquisition, community activation.Section 7
APXCOIN Treasury Reserve10,000,000 APXCOINContingent on token-venture launch; activation pool for the DEZZAI ecosystem.Section 8.4
Token Activation FeeUSD 60K cash + USD 40K tokensPhase-2 commitment fee, payable on authorisation to proceed past blueprint.Section 8.1
Core Build FeeUSD 850,00010% cash / 90% in created DEZZAI Tokens for build & launch.Section 8.1
Tail PeriodSix (6) months post-termAPX retains attribution on introduced investors and DEZZAI Token launch upside.Section 9
ExclusivityTokenization & fundraisingAPX exclusive partner during the engagement for these scopes.Section 9
Governing LawDelawareEngagement governed by Delaware law without regard to conflicts of laws.Section 9
DisputesJAMS arbitration, New YorkBinding arbitration; costs split pending arbitrator's award.Section 9
Companion Document Full Summary of Advisory and Fund Raising Offer

Opens the consolidated summary deliverable in a new tab.

1. Executive Introduction

1. Executive Introduction

APX proposes a multi-workstream engagement converting MMG / Dezzai’s technical depth and KSA institutional access into a disciplined capital story, a scalable commercial engine, and a tokenized engagement architecture — built for a deep-tech AI infrastructure company with real traction, real IP, and a real geopolitical window, not a concept-stage thesis.

MMG / Dezzai is operating across enterprise, government, healthcare, and SME segments with proprietary RAG, ontology, multi-agent, and CBCT-imaging IP, but is at a strategic inflection — institutional access established, capital narrative under-packaged, multiple stacked funding asks, brand and dataroom drift, and a regulatory and geopolitical window that will not stay open. The next stage needs sharper capital formation, channel coordination, reporting, and infrastructure.

APX runs strategic execution across five phases: (1) fundraising — positioning, materials, diligence, investor architecture, transaction support; (2) tokenization — utility-led DEZZAI Token grounded in AI-agent identity, sovereign attestation, compute access, and SME-licence economics, not speculation; (3) sovereign and enterprise expansion — converting KSA / GCC institutional access into measurable commercial conversion across sovereign, enterprise, and SME channels; (4) token-driven client engagement — converting government, enterprise, developer, and SME exposure into recurring participation through a tokenized engagement architecture; (5) client acquisition, community, and developer engagement — the GTM, acquisition, and community system built around the DEZZAI Token.

1.1 What APX Is Committing

(a) Fundraising and Capital Formation: capital strategy, investor materials, data room, targeting and outreach, meeting prep, term-negotiation support, and closing coordination for the EUR 10,000,000 growth capital round at the stated EUR 100,000,000 valuation.

(b) Token Creation and Ecosystem Design: Complete blockchain token architecture (Solana-default with EVM-compatible or permissioned-chain alternatives subject to jurisdictional and sovereign-deployment requirements) including token concept, utility logic, ecosystem design, community framework, compliance posture, and deployment roadmap for the DEZZAI Token.

(c) Adi Cohen Advisory Board Appointment: Supporting capital formation strategy, sovereign and strategic partner introductions, category positioning, token ecosystem guidance, and governance design.

(d) Integrated 9-Month Execution Program: Covering fundraising readiness, token design and deployment, digital marketing infrastructure, brand positioning, and operational governance across all workstreams.

(e) APXCOIN Commitment: USD 3,000,000 equivalent in APXCOIN, locked in milestone-controlled escrow structure for marketing campaigns, customer and developer acquisition, community activation, and ecosystem development.

(f) Compliance-First Approach: Documentation standards, governance frameworks, and regulatory-aware token design appropriate for sovereign principals, sophisticated institutional investors, and regulated-sector partners.

APX proposes a multi-workstream services engagement designed to help MMG / Dezzai convert its strategic intent into a disciplined capital formation track, a structured strategic plan, a coherent marketing and brand-building architecture, and the operating infrastructure required to execute across MMG / Dezzai's present and future commercial activity.

The mandate is structured for an institutional principal that intends to deploy capital across multiple commercial fronts and that requires an embedded execution partner across the full lifecycle of capital, strategy, marketing, and operating workstreams. APX's role under this proposal is not narrow advisory. APX serves as a strategic execution partner across four integrated Phase 1 workstreams operating under unified governance and reporting cadence: (i) capital formation, (ii) strategic planning and advisory, (iii) marketing and communications, and (iv) general operating support.

The Phase 1 mandate is mandatory for the Engagement Term. Phase 2 (tokenization) and Phase 3 (long-term strategic build-up) are optional, election-gated phases that activate only upon MMG / Dezzai's affirmative written election. APX is engaged as advisor and executor — not as a co-principal investor or capital guarantor.

Workstream Allocation — Phase 1

Engagement Phase Structure

1.1 What APX Is Committing

APX commits senior personnel, the APX capital-formation network, the APX strategic planning toolkit, the APX marketing and brand-building discipline, and the APX operating-support infrastructure to MMG / Dezzai on a continuous basis throughout the Engagement Term.

APX commits to a fixed monthly retainer across a nine (9) month indicative Engagement Term, performance-based capital formation economics tied to actual funded Closings, and a six (6) month tail on attribution. APX commits to deliver named workstream outputs against a defined cadence of weekly execution meetings, biweekly steering sessions, monthly board-style reports, and quarterly strategic reviews.

9Mo Engagement Term
7.5%Success Fee
5Phases
6Mo Tail

1.2 Structure of This Offer

This document sets forth APX Group's proposed services engagement with MMG / Dezzai covering capital formation, strategic planning, marketing and brand-building, communications, and general operating support, with optional sequential phases for tokenization and long-term strategic build-up. The Offer is governed by the Master Services and Engagement Agreement of even date and is intended to be read in conjunction with that Agreement.

2. APX Strategic Positioning

2. APX Strategic Positioning

APX runs fundraising, tokenization, operating architecture, and growth execution in one program. Run separately, the workstreams produce duplicate cost, inconsistent messaging, and slower execution.

Fundraising depends on data-room quality, narrative, capital allocation, and acquisition economics. Tokenization is a controlled utility layer that, post-gating, strengthens retention, identity, attribution, and ecosystem flywheel. Infrastructure scales sovereign and enterprise sell-through, supports SME distribution and developer adoption, and turns institutional access into closed revenue.

This offer applies the same standard as the strongest APX benchmark mandates: workstreams reinforce one another, governance protects execution, and accountability runs through cadence, deliverables, and measurable business functions.

APX is structured as a cross-border execution firm with capabilities across capital formation, valuation, transaction structuring, governance design, marketing and brand-building, communications and stakeholder management, operating-model build, tokenomics design, and blockchain-enabled platform development.

APX delivers under a single integrated mandate, eliminating the misalignment that typically arises when capital, advisory, marketing, communications, and operating workstreams are split across multiple firms. APX's positioning is institutional. The firm operates with the methodology and governance discipline of a senior advisory house combined with the executional pace of a principal-led platform. Every strategic decision is taken with full awareness of capital efficiency, narrative discipline, regulatory posture, and operating realism in a single conversation.

This is the primary commercial logic of the engagement and the principal reason for APX's exclusive mandate during the Engagement Term.

APX Capability Coverage

Integrated Mandate vs. Fragmented Advisory

USD 162K
9-Month Retainer (Indicative)
Broad
Qualified Investor Pipeline
4
Governance Cadence Levels
5
Integrated Pillars

The 9-month retainer demonstrates APX commitment. The 7.5% Mandate Success Fee aligns APX upside to MMG / Dezzai's actual capital. The 6-month tail protects APX attribution post-engagement. The five integrated pillars (fundraising, tokenization, sovereign and enterprise expansion, token-driven client engagement, developer and community acquisition) preserve disciplined execution under unified governance. Together the four mechanisms deliver clean alignment between APX delivery and MMG / Dezzai value creation.

3. APX Understanding of MMG / Dezzai

3. APX Understanding of MMG / Dezzai

Revenue thesis and four-pillar revenue architecture based on the reviewed 2026 dataroom and consolidated projections.

Section 3 reflects APX’s understanding based on the source materials reviewed.

3.1 Current Company Position

MMG / Dezzai is a European deep-tech AI company founded in 2015 (approximately 70% technical headcount, four PhDs, ten-plus years of NLP, generative, semantic, and computer-vision research) pivoting from European multi-vertical SaaS into the Sovereign AI Infrastructure category for KSA and the wider GCC.

Channel and product diversity defines the operating model: Querix (enterprise / SME AI copilot platform; flagship), Dentomo and Dentomatics (CE-marked CBCT pathology AI plus patented intraoral hardware), VetGo.ai (veterinary, B2C pivot). Not a generic SaaS story — a multi-vertical AI factory with proprietary RAG, ontology induction (Axons), multi-LLM orchestration, multilingual reach (Arabic-native, state-of-the-art Spanish NER), and a sovereign-deployment posture.

CategorySource-Supported PositionWhy It Matters Strategically
PositioningMaterials describe MMG / Dezzai as a European deep-tech AI company with proprietary RAG and ontology induction, Arabic-native multilingual capability, and sovereign-deployable architecture, with KSA institutional anchors (SDAIA, Monsha'at, Ministry of Education, stc, HUMAIN, KKU) referenced repeatedly.Supports sovereign-AI positioning, regulatory relevance (GDPR, PDPL, ISO 27001, ISO 13485, SOC 2), investor narrative, and differentiated institutional access.
TractionReference clients including Novartis, IQVIA, La Caixa, Vitaly, FundsPeople, Spanish Ministries (Education, Justice), and 50+ government institutions are cited in the executive and reference materials.Demonstrates a real institutional customer base and a usable foundation for retention, ecosystem, and developer-engagement systems.
Financial profileStated 2026 base case revenue of EUR 4.5–6.0M scaling to EUR 16.5–21.0M (2027) and EUR 35–45M (2028) is described in the four-pillar revenue memo and consolidated projections.Positions the business as a revenue-generating, IP-rich, sovereign-deployable operator rather than a pre-revenue thesis.
Channel mixMaterials show a four-pillar revenue architecture (Querix Sovereign, Querix Distributed SaaS, Dentomo API, Dentomatics Hardware) with Querix Sovereign anchoring 2026 and SaaS / API scaling through 2028.Supports a strong institutional story while creating a need for clean four-pillar attribution and coordinated KSA / GCC messaging.
Growth vectorsKKU, Monsha'at, Ministry of Education, stc, HUMAIN, SDAIA, Querix Distributed SaaS scale-up, and Dentomo / Dentomatics commercialization are all positioned as active growth drivers.Creates a credible basis for the EUR 10M capital raise, but also raises execution, sovereign-deal-cycle, and working-capital complexity.

3.2 Commercial and Channel Footprint

Channel architecture is strong: Querix Sovereign / Enterprise (anchor deployments), Querix Distributed SaaS (programmatic SME distribution through institutional sponsors), Dentomo API (transactional clinical AI), Dentomatics Hardware (margin-driven device wedge into clinics). Reference clients include Novartis, IQVIA, La Caixa, Vitaly, FundsPeople, Spanish Ministries, and a KSA institutional pipeline anchored by SDAIA, Monsha'at, Ministry of Education, stc, HUMAIN, and King Khalid University (KKU).

KKU is a major near-term anchor: SAR 4.77M / EUR 1.16M, 36-month, described in source materials as advanced stage and subject to final execution. Management-described opportunity signals requiring disciplined commercialization, investor framing, and execution planning, not guaranteed outcomes.

Programmatic SME distribution through Monsha'at and analogous national SME enablers is positioned to scale Querix Distributed SaaS to 10,000–15,000 active SME tenants by 2028 at approximately EUR 1,000 blended ARPU. Heightens the need for unit-economics rigour, sponsor-contract structure, counterparty-concentration framing, and clean tenant attribution.

3.3 Operating Strength and Present Constraint

Technically deep and commercially-validated, but capital-constrained for the inflection ahead: stated 2026 base case EUR 4.5–6.0M revenue, 2027 EUR 16.5–21.0M, 2028 EUR 35–45M against a four-pillar architecture with material implementation, hiring, and KSA in-market costs. The business has outgrown informal capital planning and needs institutional discipline on raise strategy, working-capital narrative, and diligence.

The capital ask is concrete — KSA in-market team, sovereign delivery capacity, R&D for multi-agent and sovereign LLM layers, vertical spin-off acceleration (VetGo, Dentomatics), enterprise implementation teams — paired with disciplined narrative, defensible budgets, and a diligence package linking deployment to outcomes.

3.4 Early Diligence Priorities

Items to resolve before broad investor circulation: entity history and consolidated cap table across MMG SL, Dezzai, Dentomatics Inc (Delaware), and VetGo; reconciliation of three stacked funding asks (Dezzai EUR 10M parent, VetGo EUR 1.5M seed, Dentomatics EUR 10M+); IP register and patent status (granted vs filed, by jurisdiction); compliance certificates (ISO 27001, ISO 13485, SOC 2, GDPR, PDPL); audited or reviewed historical financials; numerical reconciliation between the four-pillar memo, consolidated projections .docx, and the source-of-truth Excel model.

These are opening workstreams: reconcile entity and cap history, tighten the dataroom, normalize four-pillar revenue presentation, assemble an IP and certification pack, align forward-looking statements with underlying materials.

3.5 Strategic Fit with APX

The strategic fit with APX is compelling across multiple dimensions:

(a) Sovereign Tailwind Monetization: KSA Vision 2030, HUMAIN’s mandate, SDAIA governance, and accelerating GCC sovereign-AI capital deployment are the category’s most decisive macro tailwind. APX converts that tailwind into capital-markets and institutional positioning value.

(b) Pipeline Acceleration: the KKU, Monsha'at, MoE, and HUMAIN pipeline is constrained by capital and packaging, not access, technology, or demand. APX fundraising directly addresses the binding constraint.

(c) Category-First Tokenization: no sovereign AI infrastructure provider has a credibility-grade, utility-led tokenized layer for AI-agent identity, attestation, compute consumption, and developer and SME participation. APX positions MMG / Dezzai as category-first, creating a digital moat and potential valuation premium.

(d) Exit Positioning: hyperscalers, sovereign technology champions, and regional integrators are progressively short of compliance-grade, sovereign-deployable AI infrastructure stacks. Certified, multilingual, ontology-driven operators are strategic acquisition or strategic-investment targets. APX's mandate positions the Company for that outcome.

3.1 Current Position

MMG / Dezzai (MedLab Media Group, founded 2015) operates as a European deep-tech AI company led by Oleg Vorontsov, PhD as Chief Executive Officer, with Omar Larios as Chief Operating Officer, Adrián Alonso, PhD as Chief AI Officer, and Raúl Carrasco as Chief Tech Lead. The Company's present commercial focus spans sovereign AI infrastructure for KSA / GCC, enterprise and SME AI copilot deployment via Querix, dental AI and patented hardware via Dentomo and Dentomatics, and veterinary AI via VetGo. The Company's strategic intent is to build a scalable, multi-vertical, multi-jurisdiction sovereign AI infrastructure platform supported by institutional capital and disciplined operating infrastructure.

3.2 Strategic Inflection Point

MMG / Dezzai stands at a strategic inflection point at which a strong technology dataroom and deep KSA institutional access must be matched by a structured, institutional-grade execution architecture for capital formation. The next stage requires a coordinated capital story, a coherent strategic plan, a controlled communications posture, and operating infrastructure capable of supporting institutional capital partners and counterparties at scale. APX is the integrated execution partner contemplated for that next stage.

85%Capital Readiness Gap
70%Strategy Doc Gap
60%Marketing Gap
50%Ops Infra Gap

3.3 Operating Strength and Constraints

MMG / Dezzai's operating strength rests in proprietary IP, deep-tech research output, the breadth of KSA institutional relationships under cultivation, and the strategic vision of the founding leadership team. The constraints are recognizable as those of a principal-led platform at inflection: capital formation needs structuring discipline; strategic planning needs documented rigor; marketing and stakeholder posture needs centralized control; and operating infrastructure needs to be built ahead of demand rather than reactively. APX is configured to deliver against each of these dimensions in parallel.

3.4 Early Diligence Priorities

In the early weeks of Phase 1, APX conducts a focused diligence pass covering: (i) current capital posture and prospective capital needs across MMG / Dezzai's four-pillar pipeline; (ii) governance and corporate-structuring readiness; (iii) operating-model gaps relative to the institutional standard; and (iv) brand and communications posture. The output is a Diligence Summary delivered to MMG / Dezzai's executive sponsor within the first thirty days, identifying the highest-priority fixes and the sequencing of Phase 1 workstream activation.

3.5 Strategic Fit with APX

MMG / Dezzai's profile maps cleanly to APX's integrated mandate model. MMG / Dezzai requires capital formation execution, strategic planning, marketing discipline, and operating infrastructure delivered in parallel under unified governance — which is precisely the architecture APX is built to deliver. The fit is reinforced by alignment on cadence (weekly transaction working group, biweekly steering committee, monthly board-style report), on documentation discipline (signed memoranda governing Capital Strategy, Strategic Baseline, Financing Structure, Tokenomics, Governance), and on commercial logic (retainer-plus-success-fee with tail protection). APX views MMG / Dezzai as a principal-grade engagement that justifies the firm's senior delivery team and full-spectrum capability.

4. Opportunity Overview

4. Opportunity Overview

Source-described allocation of the current EUR 10,000,000 raise from MMG / Dezzai strategic and projection materials.

Three conditions converge: (i) operating proof and proprietary IP for a credible capital story; (ii) a category where sovereignty, governance, and trust are commercially decisive; (iii) a multi-vertical model supporting a customer-, developer-, and partner-identity layer across sovereign, enterprise, SME, and regulated-sector channels.

Sovereign deployments produce institutional anchoring but lose downstream value without a shared identity layer. SME programmatic distribution creates volume but loses data and retention without a participation rail. A well-designed token layer addresses this once gated and launched.

Capital formation and tokenization are one enterprise-building effort — a structure where fundraising, growth, identity, data, trust, and optionality reinforce one another.

4.1 Market Size and Growth Trajectory

Global enterprise generative AI and sovereign AI infrastructure: a multi-tens-of-billions USD market in 2025–2026, accelerating into the high double digits in sovereign and regulated-sector segments. The Company's primary addressable market — sovereign AI infrastructure for the GCC — is the single largest concentration of mandated AI infrastructure spend globally, anchored by Vision 2030 and analogous programs.

Market MetricValue
Global Enterprise GenAI / Sovereign AI Market (2025–2026)Multi-tens-of-billions USD, accelerating
Category CAGRHigh double-digit through 2030 in sovereign segments
GCC Sovereign AI Investment ProgramsSingle largest concentration of mandated AI infrastructure spend globally
MMG / Dezzai Addressable MarketGrowing faster than category due to sovereignty, language, and compliance tailwinds

4.2 Regulatory Paradigm Shift

Sovereign AI is replacing foreign-controlled, fragmented AI as a national-infrastructure category. KSA, the wider GCC, ASEAN, and LATAM jurisdictions are building data residency, sovereign cloud, and compliance regimes (PDPL, GDPR, sectoral) that structurally favour operators with on-prem, air-gapped, multilingual, and ontology-driven AI architectures.

MMG / Dezzai's Querix architecture is already aligned with the most restrictive emerging standards (sovereign cloud, on-prem, SLM-capable, multi-LLM-agnostic, traceable, governed) — no retrofit required.

4.3 Competitive Dislocation

Hyperscalers and generic LLM providers offer general-purpose AI tools that lack traceability, governance, sovereign deployability, and domain ontology — increasingly insufficient for mission-critical regulated and sovereign environments.

MMG / Dezzai holds a defensible position: proprietary RAG and ontology induction, multilingual (Arabic-native), sovereign-deployable, ISO and SOC-aligned, with patented dental hardware and AI as adjacent margin protection. Genuine compliance and IP claims where most enterprise-AI marketing is wrapper-grade.

Big Tech faces a structural sovereignty problem; retrofitting governance, traceability, and sovereign hosting is architecturally hard. The Company's position makes it both a strategic-investment target and a competitive winner in sovereign and regulated segments.

4.1 Strategic Opportunity

MMG / Dezzai is positioned to translate proprietary IP and KSA institutional access into a multi-vertical sovereign AI infrastructure platform. The opportunity for APX is to provide the integrated execution infrastructure — capital, strategy, brand, and operations — that converts that vision into an investor-grade, governance-disciplined, capital-deployable machine. The engagement is structured to deliver tangible Phase 1 outputs (Capital Strategy Memorandum, Strategic Baseline Memorandum, Brand Identity System, Operating Model Blueprint) within the first ninety days and to keep the entire MMG / Dezzai platform commercially activated through the nine-month Engagement Term.

4.2 Capital Markets Posture

Institutional capital today expects coherence, transparency, and disciplined governance from any principal-led platform. APX's mandate is calibrated to deliver exactly that posture. The capital formation workstream produces audit-grade materials, the strategic planning workstream produces signed memoranda, the marketing workstream produces a controlled brand and communications system, and the operating workstream produces governance and reporting infrastructure that withstands diligence. Together they generate the institutional surface area required to attract and convert tier-1 capital — private equity, growth equity, family offices, sovereign-adjacent pools, and strategic corporates.

Capital Formation Infrastructure
92%
Strategic Planning Capability
88%
Marketing & Brand Architecture
84%
Operating Model Build
78%
Tokenization & Digital Assets
90%

4.3 Optional Build-Up Layers

Phase 2 (tokenization) and Phase 3 (long-term strategic build-up) provide MMG / Dezzai with two distinct optional layers. Phase 2 is a tokenization layer — Option A native MMG / Dezzai project token (DEZZAI Token) or Option B APXCOIN integration — designed to add a digital asset and ecosystem-incentive surface to MMG / Dezzai's commercial platform if and when MMG / Dezzai's board concludes the layer adds strategic value. Phase 3 is a long-horizon platform build mandate — multi-asset acquisitions, co-investment vehicles, cross-asset operating model — available from Month 24 onward as an elected continuation. Both phases are election-gated and incur incremental compensation only upon activation.

MMG / Dezzai is not obligated to elect Phase 2 or Phase 3. Both are designed as future optionality available under controlled scope and commercial terms. Phase 1 delivers standalone institutional value regardless of whether subsequent phases are activated.

5. Proposed Scope of Services

5. Proposed Scope of Services

The scope runs across five coordinated phases. Each addresses what APX is doing, why it matters, how it executes, the business function, the strategic outcome, and the contribution to enterprise value.

5.1 Phase 1 — Fundraising Activity

APX runs financing as a structured capital-formation process, not ad hoc introductions — translating traction, margins, regulatory relevance, and channel architecture into a financing narrative that withstands institutional scrutiny.

Fundraising WorkstreamAPX Execution ScopeBusiness FunctionIntended Strategic Outcome
Capital strategyDefine raise architecture, target investor profiles, round structure options, capital sequencing, and a use-of-proceeds framework tied to working capital, channel expansion, marketing, and infrastructure.Moves the raise from a generic capital ask to a structured financing thesis.Improves investor fit, lowers narrative drift, and creates a cleaner basis for valuation discussions.
Fundraising preparationBuild and pressure-test the capital story, diligence roadmap, financial support package, risk narrative, and management briefing materials.Reduces preventable diligence friction.Shortens time from first meeting to serious diligence and increases management credibility.
Investor positioningRefine how MMG / Dezzai is presented to growth equity, sovereign and strategic capital, GCC family offices, deep-tech and AI-infrastructure funds, ESG and impact-aligned capital, and regional consumer-deep-tech investors.Matches the story to the right capital audience.Raises the probability that meetings are with decision-makers who understand the category and channel mix.
Materials developmentRebuild or refine the pitch deck, executive summary, use-of-proceeds memo, diligence FAQ, management Q&A materials, and data-room structure.Creates an investor-grade document suite.Lets MMG / Dezzai present as a disciplined deep-tech operating company rather than a scattered multi-product narrative.
Investor outreach architectureDevelop the outreach list, investor sequencing, contact strategy, meeting cadence, internal pipeline management, and follow-up process.Creates a repeatable financing process rather than one-off outreach.Preserves momentum, improves signal quality, and allows management to focus on high-value conversations.
Deal support and transaction coordinationCoordinate diligence responses, term discussions, management preparation, counterparty tracking, and alignment with counsel and finance advisors.Keeps the round moving when interest converts into work.Reduces execution risk and improves closing efficiency.
Strategic introductionsWhere appropriate, facilitate introductions to investors, strategic partners, channel operators, and ecosystem participants that align with the mandate.Expands access without presenting introductions as guaranteed outcomes.Improves the quality of the financing and partnership funnel.
Ongoing capital markets supportSupport ongoing investor reporting logic, follow-on financing readiness, board-style update frameworks, and partner communications.Extends value beyond the initial raise.Positions MMG / Dezzai for cleaner future capital activity and more durable investor relationships.

The fundraising story centers on the diligence-critical facts: deep-tech IP, sovereign-deployable architecture, KSA institutional anchors, KKU and Monsha'at pipeline, four-pillar economics, multi-vertical optionality (Querix, Dentomo / Dentomatics, VetGo). Pillar projections are scenario-based, evidence-supported upside, not certainty.

Capital strategy. Raise architecture — capital type, sequence, investor segments, use-of-proceeds, valuation framing. The story explains why capital is needed, where it goes, what milestones it unlocks, and why this is scale-enabling, not rescue.

Diligence readiness. APX builds the operating proof package: source-material reconciliation, diligence support, tighter financial presentation, claims substantiation, management prep for serious-investor questions.

Investor positioning and outreach. APX segments the universe — growth equity, sovereign and strategic capital, GCC family offices, deep-tech and AI-infrastructure funds, ESG and impact-aligned capital — and tailors pitch, sequencing, meeting flow, pipeline, and follow-up so the process compounds.

Deal support through close and beyond. Management prep, Q&A, counterparty tracking, term support, counsel coordination, momentum management. Post-raise: investor reporting and follow-on readiness make the round part of a longer capital-markets discipline.

5.2 Phase 2 — Tokenization (DEZZAI Token Creation)

Tokenization is design first, deployment second — not a Web3 headline. APX recommends a utility-led participation layer on top of real channels. The token identifies, rewards, retains, and activates customers, developers, integrators, SME tenants, and ecosystem partners across sovereign, enterprise, SME, and regulated-sector contexts.

Dezzai has multiple natural utility surfaces: AI-agent identity and attestation, compute and inference consumption credits, Querix Distributed SaaS tenant licence access, developer / integrator marketplace participation, sovereign audit-trail anchoring, and education / academic ecosystem credentialing (KKU / MoE adjacency). A token utility layer unifies them into one measurable engagement and economic system.

Token Strategy ComponentAPX Execution ScopeBusiness FunctionIntended Strategic Outcome
Token concept and strategic purposeDefine whether a Dezzai utility token, AI-agent identity / attestation token, compute-credit token, or hybrid licence-and-access architecture is commercially justified, and specify the narrow business purpose it should serve.Prevents technology drift and keeps the program tied to real business needs.Ensures any token layer exists to support sovereign, enterprise, and SME engagement and channel economics, not speculation.
Utility logicTranslate AI-platform behaviours into usable utility: agent identity, inference and compute consumption, licence access for SME tenants, developer marketplace participation, sovereign attestation anchoring, education credentialing, ecosystem rewards.Creates reasons for ongoing use and retention.Builds a repeatable participation system that goes beyond discounts or speculation.
Ecosystem roleMap how the token would function across sovereign deployments, enterprise, SME programmatic distribution, regulated sectors (health, dental, veterinary), developer and integrator partners, and academic ecosystems, and determine which interactions remain off-chain, tokenized, or abstracted from the user.Aligns the token system with actual stakeholder journeys.Produces an engagement architecture that can scale without forcing crypto-native behavior on mainstream institutional users.
Retention and engagement modelDesign progression mechanics, participation tiers, milestone rewards, developer missions, and ecosystem campaigns connected to genuine platform usage.Improves repeat engagement and ecosystem lifetime value.Converts episodic platform interaction into an ongoing relationship.
Governance and use-case logicDefine what token holders can and cannot influence, with a preference for controlled participation (sovereign and enterprise stakeholders) rather than unfocused public governance.Preserves brand, sovereign, and counterparty trust while allowing meaningful participation.Builds trust without creating governance sprawl or reputational risk in regulated and sovereign environments.
Architecture and rollout frameworkProduce a phased blueprint covering wallet experience, custodial abstraction, redemption logic, issuance rules, data flows, technical vendors (Solana-default), analytics, and launch sequencing.Turns token ideas into an executable product roadmap.Allows MMG / Dezzai to make a disciplined go or no-go decision before build costs are incurred.
Compliance-sensitive designBuild the program around utility-first logic, jurisdictional controls (KSA, EU, US, GCC), marketing restrictions, disclosure standards, and counsel-led legal review before any launch decision.Reduces legal and reputational risk.Protects the Company from treating tokenization as an ungoverned marketing experiment in sovereign-sensitive contexts.
Commercial alignmentModel how tokenization connects to Querix Distributed SaaS tenant growth, sovereign deployment expansion, developer ecosystem retention, first-party data, and partner campaigns.Keeps the token system accountable to business outcomes.Ensures tokenization improves enterprise value rather than distracting from it.

Tokenization is phased. Phase One sets thesis, use cases, governance, data model, rollout. Technical build follows counsel review, brand approval, vendor selection, capital alignment — disciplined growth layer, not speculative pivot.

Token thesis and design. APX defines the DEZZAI Token’s commercial role — native, tokenized membership, or points-to-token bridge — mapped to specific outcomes (sovereign and enterprise retention, SME conversion, integrator referrals, ecosystem identity).

Utility and ecosystem mechanics. Reward pathways, redemption logic, access layers, token-gated participation, anti-abuse controls, onboarding, custody abstraction, attribution. Every use case must do real work for the business.

Governance and compliance. Centralized permissions; community input boundaries; prohibited public claims; eligibility controls; legal and reputational guardrails. For a trust-driven brand, weak governance destroys value.

Implementation prep. APX produces the build blueprint: technical specification, vendor architecture, wallet and redemption logic, treasury controls, measurement, launch staging — so the Company reaches a real go/no-go decision.

5.3 Phase 3 — Sovereign and Enterprise Expansion (KSA / GCC and Worldwide)

Phase 3 builds the strategic and marketing infrastructure that supports fundraising and operational scale, ensuring brand message, account development, four-pillar growth, and partner visibility operate from one architecture.

Infrastructure WorkstreamAPX Execution ScopeBusiness FunctionIntended Strategic Outcome
Brand positioning supportRefine the brand narrative so that proprietary IP, sovereign deployability, regulatory relevance, KSA institutional traction, and category mission are presented with consistency across investor, sovereign, enterprise, SME, and developer contexts. Resolve MMG / dezzai naming and version drift.Eliminates message fragmentation.Improves conversion quality across every stakeholder group.
Strategic go-to-market planningMap channel-specific growth plans for Querix Sovereign / Enterprise, Querix Distributed SaaS, Dentomo API, Dentomatics Hardware, and VetGo, including sequencing, dependencies, and resource priorities.Creates a coordinated commercial plan.Prevents pillar conflict and improves capital allocation.
Audience development systemsBuild segmentation, lifecycle logic, nurture flows, and referral architecture across sovereign, enterprise, SME, developer, and partner audiences.Improves how the Company identifies and develops demand.Raises conversion efficiency and retention quality.
Community-building architectureDesign the operating model for founder-led thought leadership, developer and integrator networks, sovereign-AI policy presence, education-sector content, and recurring ecosystem participation.Strengthens owned-channel engagement.Reduces reliance on pure paid acquisition and builds a more defensible category presence.
Content and communicationsShape a communications calendar, founder visibility strategy (KSA, GCC, EU), investor communication discipline, and channel-specific content logic tied to trust, sovereignty, and conversion.Turns messaging into an operating system, not a campaign-by-campaign exercise.Improves consistency and raises the quality of public and investor-facing narrative.
Digital infrastructure and funnel logicReview CRM, marketing automation, attribution model, landing flow, retention automation, and analytics instrumentation across sovereign, enterprise, SME, and developer channels.Strengthens the commercial data layer.Creates better decision-making and a clearer basis for investor reporting.
Partnership and ecosystem developmentSupport sovereign and channel partnerships, sovereign cloud and infrastructure alliances, integrator partners, platform relationships, and selected strategic brand collaborations.Creates structured partner growth rather than opportunistic activity.Extends reach while preserving strategic fit.
Retention, conversion, and value expansionDesign programs to improve recurring revenue, multi-year sovereign engagements, cross-pillar attach (Querix to Dentomo, Querix to VetGo, etc.), and downstream value capture from institutional discovery.Raises customer lifetime value.Improves gross profit quality and operating efficiency over time.
Internal and external strategic operating supportEstablish reporting rhythm, KPI dashboards, workstream accountability, and senior-level coordination across capital, marketing, tokenization, and partnerships.Brings discipline to a multi-pillar operating model.Improves execution reliability and investor readiness.

Special weight goes to the sovereign-and-enterprise to recurring bridge. Premium institutional placements create high-trust trial; APX converts that into a formal conversion engine with tracking, messaging, community follow-up, and loyalty infrastructure.

Brand and narrative operating system. One narrative across capital raising, sovereign and enterprise sell-in, SME and developer account development, token engagement, and retention, covering proprietary IP, compliance, KSA institutional proof, and four-pillar momentum.

Commercial planning. Pillar-specific logic — Querix Sovereign / Enterprise lifecycle, Querix Distributed SaaS conversion, Dentomo and Dentomatics commercialization, VetGo activation, and partner / integrator account management — coordinated under one plan so allocation and execution do not fragment.

Digital and data infrastructure. CRM, automation, attribution, segmentation, measurement, reporting. Investor-grade growth claims require system support.

Partnership, communications, and discipline. Founder communications, partnership planning, visibility, reporting — controlled market presence supporting acquisition, partner credibility, and financing.

5.4 Phase 4 — Token-Driven Client Engagement

Phase 4 converts token strategy into commercial application — a tokenized engagement framework reinforcing retention, participation, referrals, and first-party data once approved.

Engagement LayerAPX Execution ScopeBusiness FunctionIntended Strategic Outcome
Token-driven engagement frameworkCreate the customer, developer, and partner journey architecture that links verified actions, rewards, and repeat participation to one controlled engagement system.Turns disconnected interactions into a coherent ecosystem engine.Improves retention and data continuity across pillars.
Loyalty and participation designDesign tiers, milestones, referral rewards, recurring participation loops, and premium pathways tied to genuine platform usage and ecosystem contribution.Creates a durable participation structure beyond discounting.Raises recurring engagement and ecosystem intensity.
Membership, rewards, and accessMap rewards that fit the brand, including subscription benefits, education access, founder events, early product access, developer programs, and ecosystem content.Links engagement to meaningful institutional and developer value.Strengthens ecosystem affinity and reduces purely transactional usage.
Hospitality and retail activationDesign redemption pathways, attestation mechanics, integration logic, and post-deployment follow-up that move sovereign and enterprise discovery into deeper, recurring engagements.Captures value from institutional placement.Turns sovereign and enterprise exposure into measurable ecosystem expansion.
Community activation mechanicsStructure developer tasks, integrator loops, educational missions, partner-led activations, and feedback participation programs.Creates a system for ecosystem contribution.Improves brand reach while generating partner-led momentum.
Behavioral feedback and data systemsIntegrate analytics, participation tracking, redemption patterns, and response signals into the broader CRM and lifecycle system.Produces a measurable engagement dataset.Improves decision-making, campaign design, and investor reporting quality.
Retention and repeat participation logicModel how the tokenized layer supports recurring sovereign and enterprise contracts, SME tenant retention, developer habit formation, and reactivation of dormant ecosystem participants.Extends customer value over time.Supports stronger unit economics and a more durable revenue base.

The credible engagement logic is utility-first and ecosystem-oriented — agent identity, attestation, compute access, education credentialing, partner activations, data continuity — not price appreciation.

Customer relationship architecture. The token layer turns passive customers into active participants — feeding usage, referrals, education, sovereign and enterprise discovery, integrations, and ambassador activity into one model — increasing depth without discounting.

Real-world conversion design. Sovereign and enterprise placements create pre-recurring discovery moments. APX designs token-linked pathways, attestation mechanics, landing logic, offers, and follow-up to retain them as owned-channel relationships.

Retention and data value. The engagement layer is a data strategy — user behaviour, cohort retention, campaign response, ecosystem quality — commercially useful and narrative-strengthening with investors, partners, and token participants.

5.5 Phase 5 — Client Acquisition, Community, and Developer Engagement

Phase 5 is a distinct APX service inside DEZZAI Token creation. It builds the GTM system around the DEZZAI Token — audience, campaigns, conversion logic, retention, operating controls.

Engagement here covers sovereign principals, enterprise clients, SME tenants, regulated-sector partners (clinics, vets), developers and integrators, education ecosystems, ambassadors and advocates, creator and analyst partners — built and activated around the DEZZAI Token in a brand-consistent, measurable way.

Standalone Engagement ServiceAPX Execution ScopeBusiness FunctionIntended Strategic Outcome
Audience architecture and segmentationDefine the priority segments for the DEZZAI Token ecosystem, including sovereign and enterprise principals, SME tenants, developers and integrators, regulated-sector partners, education and academic participants, and high-intent prospective ecosystem participants.Creates a structured audience map before launch.Prevents broad, low-quality token outreach and improves campaign efficiency.
Coin launch narrative and campaign planDevelop the messaging framework, campaign calendar, launch narrative, channel sequence, and operating timeline for market introduction of the DEZZAI Token.Creates the commercial wrapper around the token venture.Ensures the DEZZAI Token enters the market through a coherent story and controlled campaign rhythm.
Client acquisition campaigns tied to DEZZAI Token utilityDesign acquisition campaigns where DEZZAI Token participation is linked to verified actions such as platform sign-up, first sovereign / SME tenant, integration completion, developer build, or community contribution.Connects the DEZZAI Token directly to customer acquisition economics.Converts tokenization from a brand experiment into a measurable acquisition tool.
Community and fan engagement loopsBuild quests, milestone systems, recurring participation loops, seasonal programs, and structured community activations around the DEZZAI Token.Creates repeat reasons to return to the ecosystem.Improves engagement frequency and lowers post-launch drop-off risk.
Ambassador, creator, and advocacy programsStructure ambassador tracks, integrator participation rules, advocacy incentives, referral ladders, and contribution frameworks tied to the DEZZAI Token ecosystem.Builds scaled human distribution around the brand.Improves reach and authenticity without relying only on paid media.
Hospitality and retail conversion campaignsCreate token-linked campaigns that move institutional discovery (KSA ministries, enterprises, regulated clinics) into recurring engagement and ecosystem-anchored relationships.Captures downstream value from institutional exposure.Turns the Company's sovereign and regulated footprint into a more efficient ecosystem growth engine.
Content, communications, and launch operationsCoordinate launch content, onboarding materials, FAQ logic, support language, community moderation, and communications discipline around the DEZZAI Token program.Protects launch quality and message consistency.Reduces confusion, support burden, and reputational risk during activation.
Measurement, anti-abuse, and optimizationImplement campaign analytics, cohort tracking, fraud and abuse controls, participation-quality monitoring, and post-launch iteration logic.Keeps the engagement program measurable and governable.Ensures APX can optimize the DEZZAI Token growth system against real outcomes rather than vanity metrics.

Audience strategy. APX segments the DEZZAI Token audience — sovereign and enterprise principals, SME tenants, developers and integrators, regulated-sector partners, education participants, ambassadors — and maps acquisition campaigns tying DEZZAI Token participation to business-supporting actions.

Launch marketing and operations. The DEZZAI Token campaign system: narrative, sequencing, content calendar, landing paths, onboarding, community prompts, missions, referrals, communications.

Client building. APX turns the DEZZAI Token into a structured acquisition tool — sovereign and enterprise discovery, integrators, ambassadors, developer programs, education, product drops, founder access, member programs — to grow a higher-value ecosystem.

Optimization and long-term value. Post-launch the focus is on conversion, segment retention, reward quality, abuse risk, and lifetime-value impact — operating discipline, not a one-time campaign.

Phase 1 services are delivered through four (4) parallel workstreams operating under unified governance, supplemented by optional Phase 2 (tokenization) and Phase 3 (long-term strategic build-up) layers. The sections below set out the full delivery scope in each workstream, including activities, deliverables, methodology, and the expected output MMG / Dezzai receives.

Workstream 1 — Capital Formation

The single largest Phase 1 workstream by effort and the most directly aligned to MMG / Dezzai's economic outcomes. Detail: Section 5.1.

Headline deliverables: Capital Strategy Memorandum; Financing Structure Memorandum; full investor materials suite; live coverage of broad qualified investor pipeline; term-sheet leadership; Closing execution; 6-month tail attribution.

Capital Markets Investor Outreach Term Sheet

Workstream 2 — Strategic Planning & Advisory

Senior-consulting-partner-grade strategic architecture that anchors capital, marketing, and operating decisions. Detail: Section 5.2.

Headline deliverables: Strategic Baseline Memorandum; Market & Competitive Analysis; Transaction Structure Memorandum; Governance Architecture Plan; Operating Model Blueprint; 5-year roadmap; Risk Register; Partnership Pipeline.

Strategy Governance Roadmap

Workstream 3 — Marketing, Brand & Communications

Strategic — not promotional — marketing function calibrated for investor, counterparty, regulator, and brand-equity audiences. Detail: Section 5.3.

Headline deliverables: Brand Identity System; Brand & Narrative Strategy; digital presence; investor & media communications; tier-1 press programme; thought-leadership pipeline; crisis protocol; events; performance marketing where relevant.

Brand Press Investor Comms

Workstream 4 — General Operating Support

Embedded operating-partner support that builds MMG / Dezzai's institutional infrastructure in parallel with the other three workstreams. Detail: Section 5.4.

Headline deliverables: Day-One Readiness Pack; Internal Governance Charter; Reporting & Cadence Framework; Risk/Issue/Dependency Registers; interim CFO support; executive role design; technology architecture; legal & compliance coordination.

Operations CFO Support Compliance

Phase 1 Effort Allocation

Deliverable Timeline (Months)

Section 5 Control Tower

Scope is now presented as an execution system, not a prose schedule: five workstreams, two optional tokenization paths, and a long-term strategic build layer.

4Phase 1 activities
34+Sub-workstream actions
2Tokenization options
8Phase 3 platform lanes

Capital Formation Funnel

Qualified universe100+
Priority coverageA/B/C
Active investor dialogueLive
Term-sheet processLead
Closing executionControl

Workstream Intensity Matrix

Cap
Strat
Brand
Ops
Month 1
9
8
7
6
Month 3
10
8
7
7
Month 6
9
7
8
8
Month 12
8
8
8
9

Scores on a 0–10 effort intensity scale; 10 = peak workstream intensity. Columns: Capital Formation, Strategic Planning, Marketing & Brand, Operating Support.

Phase 1: Mandatory CoreCapital formation, strategy, marketing, and operating support under one governance and reporting rhythm.
Phase 2: Optional TokenizationDEZZAI-native token launch or APXCOIN integration, activated only by election and dedicated scope schedule.
Phase 3: Optional Platform BuildMulti-asset strategy, M&A execution, co-investment vehicles, international scaling, and operating optimization.

5.1 Capital Formation — Fundraising and Investor Process Execution

APX designs and executes the capital formation programme required to support MMG / Dezzai's present and future commercial deployments. This is the single largest workstream by effort allocation in Phase 1 and the workstream most directly aligned to MMG / Dezzai's economic objectives.

Capital Formation Process Map

ValuationBoundary, instrument fit, and defensible pricing posture.
StructureStack, dilution path, governance rights, and tranche logic.
MaterialsTeaser, IM, model, deck, data room, and Q&A library.
CoverageInvestor segmentation, A/B/C targeting, and outreach sequencing.
ClosingTerm-sheet control, concession log, diligence, signing, and IR handoff.

5.1.1 Valuation and Capital Architecture

APX produces a Capital Strategy Memorandum that establishes MMG / Dezzai's defensible valuation posture and capital plan. The memorandum integrates: comparable-transaction analysis (recent precedent transactions in sovereign AI, enterprise AI, deep-tech, and adjacent sectors); discounted cash flow modelling under multiple operating cases; sum-of-the-parts analysis across the four-pillar architecture; LBO-style returns analysis from the perspective of likely financial sponsors; and sensitivity analysis across the key value drivers. The memorandum sets a Valuation Boundary (low/base/high) and an explicit recommended capital plan covering quantum, instrument mix, dilution profile, and post-money governance posture.

5.1.2 Financing Structure and Instrument Strategy

APX evaluates the full instrument spectrum — common equity, preferred equity, convertible notes, SAFEs, structured debt, mezzanine instruments, and hybrid structures — and recommends the optimal capital stack. The Financing Structure Memorandum sets out the capital stack scenarios (single-tranche, multi-tranche, primary-only, primary-plus-secondary), the instrument design notes (liquidation preference, anti-dilution, conversion mechanics, dividend treatment, governance rights), and the post-Closing capital plan (follow-on rounds, refinancing options, exit pathways).

5.1.3 Investor Narrative Package and Materials

APX produces the complete investor materials suite: the executive teaser (one to two pages), the full Information Memorandum (typically 25-45 pages depending on diligence depth), the institutional financial model (operating, capital, returns, sensitivity, scenarios), the management presentation deck (45-60 minutes), the data room set-up and curation, and the supporting collateral library (case studies, customer references, regulatory filings, legal opinions). All materials are produced to a standard that survives institutional diligence and that can be deployed unchanged across multiple investor segments.

5.1.4 Investor Segmentation and Coverage

APX segments the addressable investor universe across institutional equity (private equity, growth equity, venture), family offices and HNW capital, sovereign-adjacent capital (PIFs, GIC-style allocators), strategic corporates, and specialist sector capital pools. Targets are tiered (A/B/C) by fit, conviction, and execution probability. The Coverage Plan defines the outreach sequencing, the warm-introduction map (mutual relationships, prior co-investments, principal-level access), and the expected coverage of broad qualified investor pipeline in active dialogue during the active raise window.

Investor Coverage Priority Graph

Institutional equity
92%
Family office
86%
Strategic corporates
74%
Sovereign-adjacent
68%

5.1.5 Outreach and Roadshow Management

APX manages all outreach activity: warm introductions through APX's network, targeted cold outreach with tailored framing per investor, conference and industry-event coverage, and inbound interest qualification. Roadshow management covers logistics (scheduling, travel, materials, follow-up), meeting cadence and intensity (intensive two-week sprints aligned to investor calendars), and meeting performance (live coverage tracker, weekly velocity report, investor feedback synthesis, real-time materials adjustment).

5.1.6 Diligence Control and Q&A Discipline

APX operates the diligence control function: data room set-up and access management, Q&A bank construction, expert-call coordination, site-visit logistics (where relevant), and diligence-issue tracking. The Diligence Control Index records every investor question, every response provided, every supporting document delivered, and every open issue with target close date and owner. The objective is zero diligence surprise at signing, and full audit-trail integrity for post-Closing investor relations.

5.1.7 Negotiation and Closing

APX leads term-sheet drafting and negotiation strategy in coordination with MMG / Dezzai counsel: economic terms (valuation, instrument structure, dilution, dividend treatment), governance terms (board seats, observer rights, reserved-matters consent rights, information rights), protective terms (anti-dilution, liquidation preference, drag/tag, ROFR/ROFO), and closing conditions (conditions precedent, MAC, regulatory). APX maintains the Concession Log, the Definitive Negotiation Playbook, and the Closing Control File covering conditions-precedent matrix, signing logistics, and wire-ready execution.

5.1.8 Post-Closing Investor Relations

Following Closing, APX establishes the investor relations cadence: quarterly investor letters, monthly KPI updates, capital deployment tracking, follow-on round preparation, and LP portal architecture (where relevant). The IR cadence is designed to reinforce institutional confidence between rounds, to maintain real-time visibility on commitments and deployments, and to position MMG / Dezzai for follow-on rounds and exit events with the same investor base from a position of trust.

Capital Formation Gate Primary Output MMG / Dezzai Decision Point
Valuation Boundary Low/base/high valuation posture and capital quantum Approve target raise range and instrument direction
Investor Coverage A/B/C investor universe, outreach map, and roadshow rhythm Approve priority investor list and warm-introduction path
Diligence Control Data room, Q&A bank, issue log, and response discipline Confirm disclosure perimeter and response ownership
Closing Execution Term sheet, concession log, conditions matrix, and IR handoff Approve negotiation guardrails and closing authority

5.2 Strategic Planning and Advisory

APX delivers the strategic planning and advisory function expected of a senior consulting partner combined with the operational execution of a principal-led platform. The workstream produces the documented strategic architecture against which capital is raised, marketing is calibrated, and operating infrastructure is built.

Strategic Architecture Compass

Strategic BaselineCanonical positioning and strategic intent.
Market MapTAM, competitor map, regulation, and disruption factors.
StructureSPV, holdco, tax, treasury, and intercompany architecture.
GovernanceBoard, committees, reserved matters, and investor rights.
Operating ModelRoles, P&L logic, shared services, and accountability.
Roadmap12-, 36-, and 60-month quantified execution path.
RiskRisk register, scenarios, mitigation, and review rhythm.
PartnershipsJV, alliance, licensing, and integration frameworks.

5.2.1 Strategic Baseline and Positioning

APX produces a Strategic Baseline Memorandum codifying MMG / Dezzai's vision, mission, value proposition, market positioning, competitive differentiation, and strategic intent over a 12-, 36-, and 60-month horizon. The memorandum becomes the canonical reference document used by every other workstream — capital materials, marketing narratives, governance positioning, and operating decisions all anchor to the Strategic Baseline.

5.2.2 Market and Competitive Analysis

APX maps MMG / Dezzai's addressable markets including total-addressable, serviceable-addressable, and serviceable-obtainable market sizing (TAM/SAM/SOM); competitive intensity per segment; direct and adjacent competitor mapping with capability and positioning matrices; regulatory and policy environment per jurisdiction; technology and disruption trends relevant to MMG / Dezzai's commercial activities; and the strategic implications for MMG / Dezzai's positioning. Output is an institutional Market & Competitive Analysis briefing pack with quarterly refresh cycle.

5.2.3 Transaction Structuring

APX designs the optimal corporate and transaction architecture for each capital event: special-purpose vehicle design, holding-company architecture, tax-efficient jurisdictional structuring, intercompany agreements, transfer-pricing posture, and treasury management. Output is the Transaction Structure Memorandum covering legal entity map, tax-residence analysis, intra-group financing flows, dividend and repatriation pathways, and the supporting documentation requirements for each entity.

5.2.4 Governance Architecture

APX designs MMG / Dezzai's governance system: board composition (size, independence, expertise mix), committee structure (audit, compensation, nominations, risk, ESG as relevant), reserved-matters framework (which decisions require board, executive, or shareholder approval), decision-rights matrix (RACI at portfolio and entity level), conflict-of-interest framework, related-party transaction protocols, and information-rights architecture for investors. Output is the Governance Architecture Plan with implementation playbook.

Governance Architecture Stack

Board
Committees
Reserved Matters
RACI
Investor Rights

5.2.5 Operating Model Design

APX designs MMG / Dezzai's operating model: organizational structure, executive role design, executive search support and compensation framework, accountability and decision-rights, P&L vs cost-centre architecture, shared-services model where applicable, and the transition path from current state to target state. Output is the Operating Model Blueprint, complete with role specifications, RACI, and 90/180/365-day transition milestones.

5.2.6 Multi-Year Strategic Roadmap

APX produces MMG / Dezzai's 5-year strategic roadmap with quantified milestones, capital deployment schedule, financial projections (P&L, cash flow, balance sheet, KPI dashboard), strategic decision points, and triggered review checkpoints. The roadmap is modeled in scenarios (base, upside, downside) with explicit assumption documentation and quarterly recalibration discipline.

5.2.7 Risk and Scenario Planning

APX builds MMG / Dezzai's risk management infrastructure: risk register with severity-likelihood scoring, scenario planning across upside, base, and downside cases, war-game protocols for high-impact disruption events, mitigation playbooks per category (commercial, financial, regulatory, operational, reputational, geopolitical), and quarterly risk-posture review with the Steering Committee.

5.2.8 Business Development and Partnerships

APX identifies, designs, and structures partnerships, joint ventures, strategic alliances, and licensing arrangements that accelerate MMG / Dezzai's strategic objectives. Output is the Partnership Pipeline (target list with status), JV/alliance term-sheet templates aligned to MMG / Dezzai's standard terms, and the Integration Framework for executing and operating partnerships post-signing.

5.3 Marketing, Brand, and Communications

APX delivers the marketing, brand, and communications function as a strategic discipline rather than a promotional activity. The workstream is calibrated to support investor positioning, counterparty engagement, regulatory and stakeholder posture, and the long-term brand equity required to scale MMG / Dezzai across multiple commercial fronts.

5.3.1 Brand Identity and Visual System

APX produces or refines MMG / Dezzai's complete brand identity: logo and wordmark system, typography hierarchy, colour palette and accessibility-tested contrast standards, iconography, photography direction, motion principles, and the canonical Design System / Brand Book that codifies the rules across all surfaces. Output is a production-ready visual identity with versioned assets, master files, and usage guidelines.

5.3.2 Brand Strategy and Narrative Architecture

APX designs the brand strategy: positioning statement, brand archetype, voice and tone guidelines, message hierarchy across audience segments (investors, counterparties, regulators, talent, media), and the canonical narrative architecture used as the source of truth for every external communication. The narrative architecture ensures consistency across investor decks, press releases, founder essays, regulatory filings, and product collateral.

5.3.3 Digital Presence and Web Architecture

APX leads MMG / Dezzai's digital presence: website strategy and architecture (corporate site, investor portal, sub-brand sites where relevant), CMS selection and configuration, SEO baseline and ongoing optimization, analytics infrastructure (GA4, dashboards, conversion tracking), accessibility compliance, performance targets (Core Web Vitals), and security posture (HTTPS, CSP, headers, basic OWASP coverage). Output is a launched, indexed, monitored, and conversion-ready digital presence.

5.3.4 Investor Communications

APX produces and operates MMG / Dezzai's investor communications system: investor decks (variants per audience), Information Memoranda (where Capital Formation requires), quarterly investor letters, monthly KPI updates, board pack templates, IR website (private and gated), and the IR cadence calendar. All materials are produced to institutional diligence standard with audit-trail integrity.

5.3.5 Media Strategy and Press Relations

APX manages MMG / Dezzai's media posture: tier-1 media mapping (FT, WSJ, Bloomberg, Reuters, sector-specific outlets), embargo discipline, exclusive-cycle management, journalist relationship cultivation, message-track preparation, and crisis-ready statement library. Output is the Media and Press Strategy with quarterly review and tier-1 placement targets per cycle.

5.3.6 Digital and Social Operations

APX operates MMG / Dezzai's digital and social presence: LinkedIn (executive and corporate), Twitter/X, sector-specific channels, content calendar, content production pipeline, real-time monitoring, response protocols, and analytics. Output is the Digital and Social Operating Model with weekly content cadence, monthly performance reporting, and quarterly strategy review.

5.3.7 Content and Thought Leadership

APX produces a thought-leadership programme: white papers, research notes, market commentary, founder essays, podcast appearances, industry-event speaking opportunities, and original research that anchors MMG / Dezzai's authority in chosen domains. The programme builds a defensible content moat and supports investor, counterparty, and talent funnels simultaneously.

5.3.8 Crisis Communications

APX builds MMG / Dezzai's crisis communications infrastructure: pre-drafted statements for high-likelihood scenarios, escalation matrix (who decides, who signs, who speaks), simulation runs (twice-yearly), legal-PR coordination playbook, and post-incident review protocol. Output is a Crisis Communications Protocol that survives counsel review and that can be activated within hours of an incident.

5.3.9 Events and Production

APX leads MMG / Dezzai's event programme: investor days, board meetings, capital-markets events, partner summits, product launches, and proprietary thought-leadership convenings. Production scope covers venue, format, content, agenda, materials, AV, photography, and post-event communications.

5.3.10 Performance Marketing and Paid Media

Where MMG / Dezzai's commercial activity has direct customer or counterparty acquisition motions, APX designs and operates performance marketing across paid search, paid social, programmatic, and content syndication channels. Performance marketing is operated under a measurable attribution model with a monthly optimization cycle and a quarterly strategic review.

Communications Surface Production Mode Measured Output
Investor Communications Board-grade materials, IR calendar, KPI reporting Investor-ready cadence and diligence-grade collateral
Media Strategy Tier-1 mapping, message tracks, press protocols Controlled public posture and credible market visibility
Digital Operations Website, analytics, social operations, content calendar Conversion-ready digital presence with monthly reporting
Performance Marketing Paid search, social, programmatic, attribution Optimized counterparty and customer acquisition loop

5.4 General Operating Support

APX provides general operating support to MMG / Dezzai's executive team during the Engagement Term, ensuring that operational infrastructure is built in parallel with the capital, strategic, and marketing workstreams. APX operates as an extension of MMG / Dezzai's executive bench across the eight functional surfaces below.

5.4.1 Day-One and Transaction Readiness

For each capital event or transaction, APX produces a Readiness Pack covering: 100-day operational plan; staff transition planning; IT, data, and systems continuity; vendor onboarding/offboarding; counterparty notification protocols; communications cascade plan (employees, customers, vendors, regulators, media); and the post-Closing operational checklist with explicit owners and deadlines.

5.4.2 Internal Governance and Decision Architecture

APX builds MMG / Dezzai's internal governance: board charter, committee charters (audit, compensation, nominations, risk, ESG as relevant), management committee charter, delegations of authority (DoA) framework, expense and procurement policy, conflicts policy, code of conduct, and the canonical Policy Register with versioning and review cadence.

5.4.3 Reporting and Cadence Infrastructure

APX designs and operates MMG / Dezzai's reporting infrastructure: weekly operational reports, biweekly steering reports, monthly board-style reports (P&L, cash flow, KPI dashboard, risk register, decision log), quarterly strategic reviews, and annual investor-facing reports. Templates are versioned, dashboard-automated where appropriate, and integrated with MMG / Dezzai's underlying source systems.

5.4.4 Risk, Issue, Dependency, and Change Management

APX maintains the canonical Risk Register, Issue Register, Dependency Register, Change Register, and Decision Register across the engagement. Each register operates under a documented escalation pathway, an explicit cadence of review (weekly operational, monthly executive, quarterly board-level), and an audit-trail discipline that survives institutional diligence.

5.4.5 Finance and Reporting Support

APX provides interim CFO-level support as required: financial planning and analysis (rolling forecast, scenario modeling), management accounting discipline, treasury design (banking architecture, cash management, FX exposure), audit-prep workstream, and the build of KPI dashboards aligned to the strategic baseline. Where MMG / Dezzai requires permanent finance leadership, APX runs the executive search workstream in parallel.

5.4.6 Human Capital and Talent

APX supports MMG / Dezzai's talent function: executive role design and competency frameworks, executive search coordination (with retained search firms where appropriate), compensation framework (cash, equity, long-term incentives), equity-plan design (ISOs/NSOs/RSUs/profit-share), succession planning for critical roles, and the onboarding architecture that makes new senior hires productive within 30/60/90 days.

5.4.7 Technology, Data, and Cybersecurity

APX designs MMG / Dezzai's technology stack architecture: ERP/finance system selection, CRM and pipeline tools, data warehouse and BI tools, productivity and collaboration stack, document management and signing infrastructure, and the cybersecurity baseline (identity and access, endpoint, email, vendor risk, incident response). Data governance covers classification, retention, residency, and access-rights — designed to survive counterparty diligence and regulator inquiry.

5.4.8 Legal and Compliance Coordination

APX coordinates MMG / Dezzai's legal and compliance function: entity formation and maintenance (with MMG / Dezzai counsel), regulatory mapping by jurisdiction, contract template library (NDA, MSA, SOW, supplier, partnership), AML/KYC ops, data protection (GDPR, UK GDPR, jurisdiction-specific), IP protection (trademarks, copyright, trade-secret protocols), and the standing relationship with external counsel for transactional and contentious matters.

Operating Control Cadence Owner Discipline Evidence Trail
Readiness Pack Per capital event or transaction Named owner per workstream 100-day plan and closing checklist
Reporting Infrastructure Weekly, biweekly, monthly, quarterly Executive sponsor and operating lead Board pack, KPI dashboard, decision log
Risk and Change Registers Weekly operational review Escalation path by severity Risk, issue, dependency, change registers
Legal and Compliance Coordination Standing matter list MMG / Dezzai counsel plus APX coordination Template library, regulatory map, counsel log

5.6 Phase 2 — Tokenization (Optional, Election-Gated)

Phase 2 is an optional, election-gated phase covering digital asset implementation. It activates only upon MMG / Dezzai's affirmative written election within sixty (60) calendar days following Phase 1 completion. Phase 2 offers two mutually exclusive paths.

Option A — Native Token Launch

Design and deployment of a DEZZAI-native utility token covering: tokenomics architecture; smart contract development and audit; exchange listing strategy; AML/KYC integration; liquidity provision; community seeding; and full lifecycle reporting infrastructure. Scope activates solely upon election and execution of the Option A Scope Schedule.

Token Design Smart Contract Exchange Listing

Option B — APXCOIN Integration

Integration of APXCOIN utility layer into MMG / Dezzai's commercial ecosystem: APXCOIN-denominated loyalty and access programmes; co-branded campaign architecture; treasury participation mechanics; and ecosystem reporting. Scope activates solely upon election and execution of the Option B Scope Schedule. APXCOIN is never used as acquisition consideration or substitute for fiat capital.

APXCOIN Loyalty Treasury

5.5.1 Option A — MMG / Dezzai-Native Token Creation: End-to-End Programme

Option A delivers MMG / Dezzai ownership and control of a native token layer with full lifecycle execution from utility design through ninety-day stabilization. The programme is delivered in ten sequential workstreams with explicit deliverables and gating reviews at the close of each.

5.5.1(a) Utility Design and Behaviour Mapping

APX maps MMG / Dezzai's addressable utility surface — access, governance, rewards, payments, identity, status — and designs the specific user behaviours the token will incentivize and reinforce. The Utility Design Document codifies behaviour traceability (which token mechanic drives which user action) and the supporting KPI mapping that makes token utility measurable.

5.5.1(b) Tokenomics Design

APX designs the complete tokenomics: total supply, fixed-supply or controlled-emission framework, allocation across treasury, ecosystem, team, advisors, public float, and strategic reserves; vesting and unlock schedules per cohort; emission curve and burn/buyback mechanisms where applicable; and stress-test scenarios across price, velocity, and treasury depletion. Output is the signed Tokenomics Memorandum.

5.5.1(c) Smart Contract Architecture

APX designs the smart-contract architecture: ERC-20 (or equivalent) token contract; governance/staking/vesting modules; treasury multi-signature wallet; compliance hooks (transfer restrictions, allowlist/denylist, jurisdictional gating); upgradeability posture; and the third-party security audit cycle (typically two independent auditors). Output is an audited contract suite, multi-sig treasury, and a pre-launch bug bounty.

5.5.1(d) Treasury Governance and Custody

APX designs the treasury custody and governance: multi-signature wallet architecture, signer policy (who, how many, threshold), custody partner selection (qualified custodian where appropriate), approval workflows for outflows, monthly governance reporting cadence, and the segregation between operational treasury, ecosystem treasury, and strategic reserve.

5.5.1(e) Pre-Launch Compliance

APX coordinates the legal opinions required for launch: securities-law analysis (jurisdictional, with priority on US, UK, EU, MENA), AML/KYC framework, sanctions screening posture, tax analysis, and consumer-protection posture. APX engages and coordinates third-party counsel; APX does not provide legal advice. All compliance opinions are counsel-signed and form the basis of the launch decision.

5.5.1(f) Whitepaper, Litepaper, and Technical Documentation

APX produces the full launch documentation suite: technical whitepaper, retail-readable litepaper, tokenomics one-pager, FAQ, canonical narrative, and the developer documentation (smart-contract specs, integration guide, API docs where applicable). All materials align to the canonical narrative architecture established in the Strategic Baseline Memorandum.

5.5.1(g) Launch Mechanics — Token Generation Event (TGE)

APX leads TGE execution: deployment timing, contract deployment to mainnet, treasury distribution to designated wallets, vesting-schedule activation, initial liquidity bootstrap (DEX pools, CEX listing windows), launch-day communications cascade, and the post-launch monitoring perimeter (price, on-chain activity, holder concentration, contract health).

5.5.1(h) Exchange Listings and Liquidity Strategy

APX designs the exchange-listing strategy: priority venue selection (tier-1 CEX, regional CEX, DEX), listing application management, market-maker engagement and liquidity provision agreements, OTC desk relationships for institutional flow, and the post-launch listing roadmap (additional venues, additional pairs, regional expansion).

5.5.1(i) Community Architecture and Engagement

APX builds the community infrastructure: Discord server architecture and moderation framework, Telegram channels (regional and global), forum or governance portal where applicable, ambassador and contributor strategy, AMA cadence with the founding team, content engagement loops, and the operational playbook for community management.

5.5.1(j) Ninety-Day Stabilization and Governance Handoff

Following TGE, APX operates a ninety-day stabilization programme: live monitoring (price, volume, on-chain anomalies, smart-contract health), pre-defined intervention thresholds and response playbook, weekly stabilization reports to MMG / Dezzai's Steering Committee, and the documented governance handoff at Day 90 transitioning operational ownership to MMG / Dezzai's permanent token operations team.

5.5.2 Option B — APXCOIN Integration: End-to-End Programme

Option B delivers accelerated deployment with lower technical complexity using APXCOIN as a controlled utility and participation layer integrated into MMG / Dezzai's existing commercial ecosystem. The five-step programme covers Utility Mapping and Campaign Design, Integration Architecture (wallets, eligibility, distribution, redemption, audit-grade logging), Treasury and Governance Controls (campaign vault with tranche-release logic), KPI Definition and Optimization, and Operations and Steady State (controlled launch, monitoring, monthly optimization cycle, governance handoff).

Election Path Best Used When Execution Burden Governance Trigger
Option A: MMG / Dezzai-Native Token MMG / Dezzai wants a proprietary token layer under its own brand and treasury High, full token lifecycle and third-party audit cycle Option A Scope Schedule and launch-governance approval
Option B: APXCOIN Integration MMG / Dezzai wants faster utility deployment with lower technical complexity Moderate, campaign, wallet, eligibility, and reporting integration Option B Scope Schedule and controlled campaign approval
No Election MMG / Dezzai keeps Phase 1 as the active mandate scope None beyond Phase 1 services No digital-asset build obligation activates

5.7 Phase 3 — Long-Term Strategic Build-Up (Optional, Election-Gated)

Phase 3 covers long-term strategic build-up of MMG / Dezzai's commercial platform. It activates only upon MMG / Dezzai's affirmative written election within twenty-four (24) months following Phase 1 completion. The Phase 3 mandate is delivered across eight discrete workstreams, each governed by its own scope schedule.

5.6(a) Multi-Asset Platform Strategy

Target identification across UK, EU, and international markets; sector and asset-class screening; valuation framework per asset class; and the master platform architecture (holding company, sub-platforms, special-purpose vehicles, co-investment vehicles).

5.6(b) M&A Origination and Execution

Sourcing channels (proprietary, intermediated, distressed); diligence orchestration (commercial, financial, legal, tax, IT, ESG); deal structuring; integration planning; and the post-acquisition value-creation playbook with explicit 100/365-day milestones per asset.

5.6(c) Capital Markets Optionality

Ongoing assessment of capital-markets pathways: IPO readiness (governance, financial reporting, S-1 prep equivalent in chosen jurisdiction), PIPE optionality, structured private capital, secondary monetization, and the trigger conditions and timing windows for each pathway.

5.6(d) Co-Investment Platform

Co-investment vehicle design (LP/GP, fund-of-one, bespoke vehicles); LP cultivation (institutional, family-office, sovereign-adjacent); carry and economics structure; and the governance and reporting infrastructure required to attract and retain institutional LP capital.

5.6(e) International Scaling

Jurisdictional expansion analysis (US, EU, Asia, MENA); regulatory licensing strategy per market; partnership cultivation in priority markets; and the operating-model and talent build-out per jurisdiction.

5.6(f) Operating Model Optimisation

Portfolio-level shared services design (finance, HR, legal, technology, marketing); cross-asset talent mobility framework; operating cost structure optimisation; and the targeted 20–35% per-asset cost reduction across the portfolio at scale.

5.6(g) Strategic Communications and Brand

Portfolio-level brand architecture (master brand, sub-brands, white-label); investor relations function across multiple capital pools; thought-leadership programme at portfolio level; and the consolidated press and stakeholder posture.

5.6(h) Capital Deployment Roadmap

Multi-year capital deployment plan with quantified targets; treasury management framework; co-investment LP allocation logic; and the Capital Deployment Steering Committee operating cadence.

Phase 3 Lane Strategic Function Scale Outcome
Platform Strategy Identify asset classes, holdco logic, and co-investment architecture Investable platform thesis
M&A Execution Origination, diligence orchestration, structuring, and integration Repeatable acquisition engine
Capital Markets Optionality IPO readiness, PIPE optionality, structured private capital Multiple financing and exit paths
International Scaling Market entry, licensing, partnerships, and operating model build-out Multi-jurisdiction operating footprint

6. Execution Framework

6. Execution Framework

Staged execution lets the Company move quickly without collapsing planning, governance, and launch into one step. Each phase produces outputs, decision points, and measurable progress.

PhasePrimary FocusCore OutputsDecision Standard
Stage I, Strategic Foundation and Diligence ReadinessOpen the mandate, reconcile source materials, sharpen the raise strategy, define workstream ownership, and establish governance cadence.Capital strategy memo, diligence gap list, workplan, reporting calendar, refined messaging architecture, and opening data-room priorities.MMG / Dezzai has an agreed narrative, an agreed financing strategy, and a prioritized operating roadmap.
Stage II, Materials, Infrastructure, and Channel ArchitectureBuild fundraising materials, investor process infrastructure, four-pillar growth architecture, KPI logic, the first pass of token strategy design, and the first-pass DEZZAI Token engagement and audience plan.Investor deck, executive summary, FAQ pack, outreach system, marketing and funnel recommendations, token thesis, utility map, and a draft client and ecosystem engagement architecture for any future DEZZAI Token launch.The Company is ready to enter market-facing capital conversations with a defensible presentation set.
Stage III, Outreach, Transaction Support, and Token BlueprintRun investor outreach, manage diligence flow, support meetings, and complete the token blueprint, activation model, and DEZZAI-Token-linked acquisition and engagement model for review.Investor pipeline management, diligence coordination, negotiation support, technical token specification, governance rules, activation architecture, and a distinct DEZZAI Token marketing and community engagement plan.The financing process is active and the token program is ready for go or no-go review by management and counsel.
Stage IV, Activation Readiness and Ongoing SupportSupport closing, establish investor reporting standards, implement growth systems, and if approved, prepare the tokenized engagement layer and DEZZAI-Token-linked client and ecosystem engagement plan for technical build and rollout.Board-style reporting format, investor communications rhythm, retention infrastructure, partner activation logic, token implementation roadmap, DEZZAI Token launch campaign logic, and operating dashboards.MMG / Dezzai exits the engagement with stronger capital readiness, stronger commercial systems, and a controlled path to tokenized activation.

6.1 Governance and Reporting Cadence

Cadence: weekly operating calls; biweekly workstream reviews; monthly executive reporting; transaction sessions during financing. Each workstream has owners, open items, deliverables, next actions.

The dashboard covers fundraising, four-pillar performance, sovereign and enterprise pipeline (KKU, Monsha'at, MoE, HUMAIN, SDAIA), Querix Distributed SaaS tenant growth, Dentomo / Dentomatics commercialization, content / community metrics, and tokenization readiness — supporting the raise and operating plan in one system.

6.2 Opening Gating Items

Gating items before broad investor distribution or token-launch prep: entity and capitalization reconciliation across MMG SL, Dezzai, Dentomatics Inc, and VetGo; cleaner four-pillar revenue treatment; IP and certification claims substantiation (patents, ISO 27001, ISO 13485, SOC 2, GDPR, PDPL); tighter financial support packages and reconciliation between the projection .docx, the four-pillar memo, and the Excel model.

6.3 Core Deliverables Matrix

DeliverableWhat APX ProvidesWhy It Matters
Capital strategy packageRound structure memo, investor segmentation map, use-of-proceeds framework, valuation positioning points, and raise sequencing recommendations.Gives management a disciplined financing plan before outreach begins.
Investor materials suiteUpdated deck, executive summary, diligence FAQ, management talking points, and investor follow-up templates.Ensures that every conversation runs from one credible narrative base.
Data-room architectureFolder structure (institutional 13-section taxonomy), diligence checklist, document-priority schedule, and open-item tracker for unresolved diligence points.Reduces process drag and improves diligence confidence.
Investor outreach systemTarget list logic, pipeline tracker, sequencing plan, meeting preparation framework, and response handling structure.Turns fundraising into a managed process rather than an opportunistic series of meetings.
Token thesis and utility memoRecommended token purpose, user journeys, permitted utility use cases, business rules, and governance boundaries.Allows MMG / Dezzai to evaluate tokenization against real business criteria.
Token blueprint and rollout planTechnical architecture outline (Solana-default; EVM-compatible or permissioned-chain alternatives evaluated against sovereign and jurisdictional requirements), vendor map, wallet and redemption logic, compliance gating list, and phased activation plan.Creates a decision-ready blueprint without forcing immediate implementation spend.
DEZZAI Token client and ecosystem engagement planAudience segmentation, launch calendar, client acquisition campaigns, community loops, referral and integrator systems, moderation logic, and token-linked growth KPI design.Ensures any future DEZZAI Token launch is paired with a real market-entry and ecosystem-growth system rather than a technical deployment alone.
Channel conversion architectureSovereign-to-recurring, enterprise-to-multi-pillar, SME-to-retention, and developer-to-ecosystem conversion frameworks with measurement logic.Captures more value from existing institutional exposure and improves recurring revenue quality.
Lifecycle and loyalty systemRetention journeys, referral programs, participation loops, community progression rules, and token-linked reward logic if approved.Builds a more durable customer and partner relationship model across multiple pillars.
KPI and reporting dashboardWorkstream dashboard structure, monthly reporting format, capital-markets update framework, and management-review cadence.Supports execution discipline and future investor communications.

6.4 KPI Framework

KPI CategoryMetricTarget
FundraisingInvestor meetings scheduled20+ qualified meetings
FundraisingTerm sheets received2–3 competitive offers
FundraisingCapital closedEUR 10M growth round at EUR 100M valuation
TokenBlueprint completionPhase 1 delivery
TokenCommunity pre-registration5,000+ signups
MarketingSovereign / Enterprise pipeline progressionSustained quarter-over-quarter conversion in line with the four-pillar plan
MarketingQuerix Distributed SaaS tenant pipelineActive sponsor commitments aligned to 2027 base case
EngagementToken holder adoption10,000+ active wallets (post-launch)
GovernanceReporting cadence100% on-time delivery

6.5 Detailed Quarterly Deliverables

Q1 (Months 1–3) Foundation: diligence reconciliation, cap-table verification, investor materials, dataroom, token concept, brand-architecture audit (MMG / dezzai resolution), initial marketing-infrastructure assessment.

Q2 (Months 4–6) Execution: investor outreach and meetings, token blueprint, smart-contract spec, marketing-infrastructure deployment, four-pillar acceleration, sovereign and enterprise pipeline conversion.

Q3 (Months 7–9) Optimization and Scale: capital round closing coordination, DEZZAI Token deployment preparation, community and developer activation campaigns, retention optimization, post-launch KPI tracking, and transition planning for ongoing operations.

6.6 Governance and Reporting (Design Template)

The engagement operates under three governance bodies. The Executive Steering Committee (one authorized executive per Party minimum) governs strategic decisions, material scope changes, and escalation. The Transaction Working Group governs day-to-day Phase 1 execution. The Digital Asset Working Group (Phase 2) and the Platform Working Group (Phase 3) activate upon election of the relevant phase.

Cadence Format Participants Purpose
Weekly Execution Meeting (60 min) Transaction Working Group Workstream velocity, blockers, investor pipeline
Biweekly Steering Session (90 min) Executive Steering Committee Strategic decisions, scope, escalation
Monthly Board-Style Report MMG / Dezzai Executive Sponsor + APX Lead KPI dashboard, capital pipeline, risk register
Quarterly Strategic Review Full Steering Committee Roadmap alignment, phase optionality, commercial review

Governance Body Structure

Reporting Cadence Intensity

6.7 Opening Gating Items (Design Template)

Phase 1 commences upon: (a) execution of the Master Services and Engagement Agreement; (b) MMG / Dezzai providing data-room access; (c) MMG / Dezzai designating an executive sponsor and operating lead; and (d) APX issuing a kickoff confirmation. The Strategic Baseline Memorandum is the principal Gate 3 evidence, signed by MMG / Dezzai authorized executives following completion of the early diligence pass.

Gate 1 — Engagement Execution
Gate 1
Gate 2 — Data Room Access + Sponsor Designation
Gate 2
Gate 3 — Strategic Baseline Memorandum (Day 30)
Gate 3
Gate 4 — Kickoff Confirmation Issued by APX
Gate 4

6.8 Implementation Timeline

The nine-month Engagement Term is sequenced across four discrete delivery phases. Each phase has explicit deliverables and a gating review at its close.

PhaseWindowPrincipal DeliverablesGating Review
MobilizationWeeks 0–2definitive engagement agreement execution; data-room access; executive sponsor designation; kickoff confirmation memorandum; first Steering Committee.Phase 1 commencement confirmed
FoundationWeeks 3–8Strategic Baseline Memorandum (signed); Capital Strategy Memorandum (draft); Brand Identity System (v1); Operating Model Blueprint (draft); Risk Register established.Day-30 Diligence Summary + Day-60 Foundation Review
BuildWeeks 9–28Investor materials suite production; investor outreach activation; Governance Architecture Plan; Reporting and Cadence Framework live; thought-leadership pipeline operational; first Closing event window opens.Quarterly Strategic Review
Scale & StabilizeWeeks 29–36Closing execution and post-Closing IR cadence; token build authorization decision (if elected by MMG / Dezzai); final reporting handoff; renewal/extension assessment.Phase 1 Completion Strategic Review

Cross-reference: the five-gate ladder shown in Section 12 maps onto the four phases above as follows — Gate 1 (Day 1–5) sits inside Mobilization; Gate 2 (Weeks 3–6) and Gate 3 (Month 2) sit inside Foundation; Gate 4 (Month 8) sits inside Build; Gate 5 (Month 9) marks the Scale & Stabilize gating review and the Phase 1 Completion Date.

Section Seven

7. APXCOIN Treasury Commitment (USD 3,000,000 Equivalent)

7. APXCOIN Treasury Commitment (USD 3,000,000 Equivalent)

APX commits USD 3,000,000 equivalent in APXCOIN from treasury — a structured balance-sheet contribution, not a substitute for cash fees, strengthening the partnership's credibility and operational capacity. This escrow is separate from, and additional to, the up-to-10,000,000 APXCOIN treasury activation reserve described in §8.4, which activates only if the token venture launches.

7.1 Escrow Purpose

(a) Marketing Campaign Funding: Digital advertising, content promotion, and brand awareness initiatives where token-based incentives add value.

(b) Customer and Developer Acquisition Incentives: Rewards for new tenant onboarding, integrator builds, referral completions, subscription enrollment, and community participation.

(c) Community Activation: Sovereign-AI thought-leadership campaigns, developer challenges, UGC bounties, and community governance incentives.

(d) Strategic Partnership Development: Incentive structures for key partnerships with sovereign principals, hyperscaler and infrastructure partners, regional integrators, and co-marketing allies.

(e) Ecosystem Liquidity Support: Strategic reserve enabling healthy market mechanics and reward flows within the DEZZAI Token ecosystem.

7.2 Milestone-Controlled Escrow Schedule

MilestoneReleaseCumulative
Engagement Agreement Execution$150,000 (5%)$150,000
Phase 1 Completion: Strategy + Diligence$300,000 (10%)$450,000
Investor Materials + Data Room Approved$300,000 (10%)$750,000
Token Blueprint Approved by Company$450,000 (15%)$1,200,000
First Investor Term Sheet Received$300,000 (10%)$1,500,000
Capital Round Closed (EUR 10M Target)$600,000 (20%)$2,100,000
DEZZAI Token Launch on Mainnet (chain selected per blueprint)$450,000 (15%)$2,550,000
6-Month Post-Launch KPI Achievement$450,000 (15%)$3,000,000

7.3 Deployment Principles

(a) Releases strictly controlled by objective milestone achievement verified through the governance process.

(b) All deployments focused on genuine utility creating measurable business value, avoiding speculative dynamics or regulatory risk.

(c) Compliance-first approach ensuring deployments align with applicable regulations, platform policies, and ethical standards.

(d) Transparency and auditability with clear documentation of allocation decisions and performance outcomes.

7.4 Program Allocation Framework

Program CategoryAllocationPurpose
Digital Marketing + Paid Campaigns35%Performance marketing, brand awareness, content promotion
Tenant and Developer Onboarding + Referral15%New tenant rewards, integrator bonuses, subscription incentives
Community Activation15%Sovereign-AI thought leadership, developer challenges, governance participation
Sovereign / Enterprise to Recurring Bridge10%Institutional adoption rewards, anchor-customer activation, multi-pillar attach
Vertical Launch Support (Dentomo, Dentomatics, VetGo)10%Sector-specific promotions, partner incentives, distributor activation
Strategic Partnerships10%Co-marketing, cross-brand collaborations, sovereign and institutional partnerships
Ecosystem Reserve5%Contingency, market making support, unforeseen opportunities

The architecture of this engagement is deliberate. It is not advisory. It is not a retainer for best-efforts introductions. It is a structured, phased mandate with defined commercial mechanics and real accountability — designed to solve three problems MMG / Dezzai cannot solve through conventional advisory relationships.

7.1 Why Integration

MMG / Dezzai's capital formation challenge is not merely a transaction problem. It is simultaneously a strategy problem, a communications problem, a governance problem, and an operating readiness problem. A fragmented advisory model — four firms, four mandates, four narratives — produces cost, delay, and inconsistency. Institutional investors who encounter misaligned materials between a company's financial presentation and its public positioning discount management credibility before the conversation begins.

APX delivers capital strategy, investor narrative architecture, operating governance, brand communications, and (upon election) digital asset infrastructure under a single mandate and a single reporting line. The Strategic Baseline Memorandum and Capital Strategy Memorandum — both APX-produced Phase 1 deliverables — serve as the governing documents against which all downstream activities are aligned.

7.2 Why Alignment

The 7.5% Mandate Success Fee structure aligns APX's economic outcome exclusively to MMG / Dezzai's actual capital formation result. APX receives no performance compensation unless capital closes. The indicative nine-month retainer demonstrates APX's commitment to the mandate: APX is not a firm that onboards clients and moves to the next one. The retainer is the floor of APX's risk exposure — not a ceiling on APX's effort.

The Executive Steering Committee meets biweekly with MMG / Dezzai's executive sponsor present. Monthly board-style reports are mandatory deliverables, not optional updates. This cadence is an obligation, not a preference — and MMG / Dezzai's failure to maintain executive availability is itself a governance breach.

7.3 Why Optionality

Phase 2 and Phase 3 are MMG / Dezzai's rights, not APX's. MMG / Dezzai is under no obligation to elect either. Phase 2 creates a tokenization infrastructure pathway — either a native MMG / Dezzai project token (Option A — DEZZAI Token) or APXCOIN integration (Option B) — if and when MMG / Dezzai's board concludes that the digital asset layer adds strategic value. Phase 3 creates a long-horizon platform build mandate — acquisitions, co-investment infrastructure, cross-asset operating model — available from Month 24 onward as an elected continuation.

The optionality structure means MMG / Dezzai commits only to Phase 1, retains full decision rights over Phase 2 and Phase 3, and pays for those phases only upon election. APX receives no incremental compensation for phases not elected.

Engagement Structure Logic

APX Fee Alignment Mechanics

Section Eight

8. Commercial Scope and Engagement Logic

8. Commercial Scope and Engagement Logic

Presentation summary of the revised token-venture economics and created-token fee treatment.

Two-layer structure. Layer one: base mandate — fundraising, infrastructure, token blueprint to decision-ready. Layer two: defined token-venture build, launch, post-launch. Token-venture economics are explicit and separate from the retainer.

Token economics below adapt the APX benchmark for an MMG / Dezzai token venture only. APX has no claim on ordinary operating revenues except where the token venture creates a stream.

Base Engagement ComponentIndicative ProposalRationale
Initial termNine-month engagementLong enough to complete capital preparation, active outreach, infrastructure build, and token strategy design without stretching into an undefined advisory arrangement.
Monthly strategic retainerUSD 18,000 per monthSupports the execution capacity required across fundraising, strategic infrastructure, and token design workstreams.
Fundraising success fee7.5% of gross cash proceeds raised from investors introduced, sourced, or directly coordinated by APXAligns APX economics to actual financing outcomes rather than advisory activity alone.
Equity alignmentAdvisory equity or warrant package to be negotiated in definitive documents, with an indicative target of 1.0% of fully diluted equity vesting across the engagement or against milestonesCreates long-term alignment consistent with the strategic and execution depth of the mandate.
Token strategy and architecture phaseIncluded within the engagement retainer through blueprint stageAllows MMG / Dezzai to complete a disciplined token decision process without committing immediately to full technical launch spend.
Pre-approved expensesThird-party costs above USD 2,000 per month require prior written approvalTracks the fee-clarification structure in the benchmark token offer and prevents cost ambiguity.
Token technical implementationSubject to legal review, vendor selection, and the token-venture economics described belowProtects the Company from entering build and launch work before the business case and governance case are complete.

8.1 Token Venture Economics

The token venture forms an integral part of this engagement. The token venture economics below are documented separately and run on the following indicative framework.

Economic ComponentIndicative Token-Venture StructureBusiness Rationale
Token Activation Commitment FeeUSD 60,000 cash plus USD 40,000 equivalent in created tokens, with the token amount determined under the launch conversion formula set in definitive documentsCreates a clean commercial handoff from strategy and blueprint work into authorized launch-phase implementation while making the token-linked portion explicit from the outset.
Core Build FeeUSD 850,000 equivalent for token-venture build and launch implementation, payable 10% in cash and 90% in created tokensFunds engineering, token deployment, off-chain integration, security hardening, testing, launch preparation, and governed activation while making the created-token fee component explicit.
APX Treasury ContributionUp to 10,000,000 APXCOIN as an APX-funded strategic reserve for activation, rewards, and ecosystem support, subject to written approval controlsProvides incentive depth and activation capacity without requiring MMG / Dezzai to inflate the token venture's native supply for early engagement.
APX Token Allocation10% of total token-venture supply, subject to lockups, a 12-month cliff, and 36-month linear vesting unless definitive documents specify otherwiseAligns APX’s long-term incentives with the health of the token venture rather than short-term launch activity.
Primary Token-Venture Revenue Share20% of gross receipts derived from token-venture primary sales, tokenized memberships, or officially authorized launch dropsReflects APX participation in the mechanisms it structures and operates within the token venture itself.
Secondary Royalties Share10% of gross royalties or comparable recurring marketplace receipts generated by token-venture activityAligns APX with post-launch ecosystem quality and long-term activity rather than launch alone.
Token-Linked Commerce Share7.5% of net commerce revenue generated directly by token-gated or token-triggered experiences, digital memberships, or other token-venture commerce mechanics expressly defined in definitive documentsAllows APX to participate only where token utility directly creates new commerce rather than in MMG / Dezzai's ordinary business revenues.
Performance BonusUp to USD 250,000 based on written KPI triggers tied to retention, conversion, uptime, or launch-performance milestones, payable only if the KPI schedule is agreed in writing in definitive documentsRewards measurable results rather than activity volume.

The percentages above apply to the token venture only — not to ordinary Querix Sovereign / Enterprise, Querix Distributed SaaS, Dentomo API, Dentomatics Hardware, VetGo, or equity financing proceeds — unless expressly designated as token-venture revenue in definitive documents.

APX’s created-token compensation is four separate buckets: (1) USD 40,000 Activation Fee portion; (2) 90% Core Build Fee token portion; (3) APX Token Allocation (10% vested); (4) defined revenue shares.

8.2 Fee Structure Summary for Token Phase

CategoryLine ItemAmount or RatePaid InTimingNotes and Controls
Cash feesBase strategic retainerUSD 18,000 per monthCashMonthly during the base engagementCovers fundraising, strategic infrastructure, and token blueprint work through decision-ready design stage.
Cash feesToken Activation Commitment FeeUSD 100,00060% cash, 40% created tokensOnly if MMG / Dezzai authorizes APX to proceed from blueprint stage into token build and launch implementationThe created-token portion must be calculated under the same objective launch conversion method used for all token-settled fees in the token venture.
ExpensesThird-party token-phase expensesAbove USD 2,000 per month only if pre-approvedCash reimbursementAs incurred after written approvalApplies to outside legal, audit, tooling, or specialist vendor costs that are not included in the base retainer or core build fee.
Token-settled or launch-phase feesCore Build FeeUSD 850,000 equivalent10% cash, 90% created tokensIndicatively 40% at implementation kickoff, 30% at approval-ready test environment, and 30% at production launch readinessThe created-token portion must be determined using an objective launch conversion method documented in definitive documents and applied consistently.
APX strategic supportAPX treasury activation reserveUp to 10,000,000 APXCOINAPX treasury contributionAllocated at or around token-venture launch under approved rulesNot an MMG / Dezzai cash fee, not a price guarantee, and governed through controlled wallet, vault, or multisig rules.
AllocationAPX token allocation10% of total token-venture supplyProduced token-venture tokensPer vesting and lockup scheduleThis is a created-token compensation allocation and is separate from any build fee, operating fee, or revenue share.
Token ecosystem itemsPrimary, secondary, and token-linked commerce shares20% primary, 10% secondary royalties, 7.5% token-linked commerceAs generated by token-venture activityOnly when and as those revenue streams existThese economics are restricted to the token venture. They do not apply to ordinary MMG / Dezzai product or channel revenue and are separate from the APX token allocation.
Post-launch bonusPerformance BonusUp to USD 250,000Cash or stablecoins, only if agreed in definitive documentsOnly if written KPI triggers are satisfiedDesigned to reward measurable outcomes such as activation, conversion, retention, and operating uptime.

8.3 Created-Token Fee Treatment

Created-token fee treatment: Activation Fee portion USD 40,000 equivalent; Core Build Fee portion 90% of USD 850,000 equivalent; APX Token Allocation is a separate line. Revenue shares (primary, royalties, token-linked commerce) are separate and earned only when those revenues exist.

In practice APX may receive USD 40,000-equivalent activation tokens; 90% Core Build Fee tokens; the vested 10% Token Allocation; and defined revenue shares if those streams exist. No claim on ordinary operating revenues outside the venture.

8.4 Indicative APX Treasury and Allocation Framework

Once approved, the reserve is governed as a controlled activation pool, not a general token budget. The table below adapts the benchmark to MMG / Dezzai.

The 10,000,000 APXCOIN reserve is separate from the USD 3,000,000-equivalent escrow. The USD 3M escrow funds base-engagement marketing, acquisition, and community activation. The 10M reserve activates only if the token venture launches.

Program UseIndicative AllocationWhat It EnablesControls and Approvals
Tenant and developer onboarding rewards3,500,000 APXCOIN, 35%First-use rewards, verified sign-up incentives, integrator builds, and early participation programs tied to approved onboarding campaigns.Per-user caps, anti-bot controls, and written approval of onboarding rules.
Subscription, licence, and recurring rewards1,500,000 APXCOIN, 15%Programs that support recurring purchase, sovereign or enterprise renewal, SME tenant continuity, and customer retention.Tranche releases tied to retention metrics and pause rights if abuse or leakage appears.
Education and community participation1,500,000 APXCOIN, 15%Educational modules, sovereign-AI thought-leadership missions, community participation campaigns, and approved engagement loops.Content scope approved in advance and monitored for compliance and brand safety.
Referral, ambassador, and integrator bounties1,000,000 APXCOIN, 10%Referral programs, ambassador participation, community moderation, integrator and partner cross-promotions.Selection rules, disclosure standards, and no-pay-for-hype restrictions.
Sovereign / Enterprise to recurring conversion incentives1,000,000 APXCOIN, 10%Programs designed to convert institutional and enterprise discovery into owned-channel, recurring relationships.Only for approved campaigns with attribution logic and conversion tracking in place.
Incident make-good and support resolution1,000,000 APXCOIN, 10%Controlled make-good credits, customer remediation, and limited support interventions during launch or incident periods.Dual approval required and use limited to defined remediation scenarios.
Innovation and integration grants500,000 APXCOIN, 5%Small grants for approved integrations, ecosystem utilities, or partner-led activations that improve token-venture utility.Deliverables-based approval, defined scope, and acceptance criteria.

8.5 Services Included in Retainer

(a) Capital strategy, investor positioning, materials development, diligence preparation, investor process management, and transaction coordination.

(b) Brand and commercial strategy support tied to four-pillar growth, retention infrastructure, community architecture, content logic, and KPI design.

(c) Token concept development, utility architecture, governance design, rollout sequencing, and tokenized engagement planning through blueprint stage.

(d) As part of the token venture, including the DEZZAI Token and tokenized membership and identity path, a distinct client acquisition, community, and developer engagement planning service tied to that DEZZAI Token ecosystem.

(e) Weekly and monthly operating cadence, reporting structures, and strategic management support for the duration of the engagement.

8.6 Services Excluded from Retainer

(a) Legal, tax, audit, or regulatory advisory work performed by third-party counsel or advisors.

(b) Paid media spend, channel advertising budgets, creative production budgets, influencer fees, or other out-of-pocket marketing expenditure.

(c) Smart contract engineering, third-party technical development, security audits, custodial services, KYC tooling, or platform licensing fees not expressly included in a later signed implementation work order.

(d) Travel or extraordinary third-party operating expenses unless approved in advance in writing.

The following quantitative scenarios model the economic outcomes for MMG / Dezzai under each Phase configuration. All figures are illustrative and based on indicative market parameters. Success fees are performance-contingent; no outcome is guaranteed.

8.1 Phase 1 Baseline Scenario

Under successful execution, MMG / Dezzai's minimum committed financial exposure is USD 180,000: USD 162,000 in Monthly Retainer (9 months at USD 18,000) plus up to USD 18,000 in Monthly Expense Threshold ceiling (9 months at USD 2,000). This total is the maximum fixed cost of the engagement — the only variable above it is the 7.5% Mandate Success Fee, which is earned exclusively upon capital closing.

MMG / Dezzai fixed-cost exposure versus capital formation outcome at the locked terms (USD 18,000 monthly retainer, USD 162,000 across the 9-month engagement, 7.5% Mandate Success Fee on APX-introduced gross cash proceeds): at the EUR 10,000,000 base raise, the success fee is EUR 750,000 and MMG / Dezzai's total APX cost is EUR 750,000 plus USD 180,000 against EUR 10,000,000 raised, an effective cost of capital of approximately 9.4%. At EUR 25,000,000, the success fee is EUR 1,875,000 and total APX cost is EUR 1,875,000 plus USD 180,000 against EUR 25,000,000 raised, an effective cost of capital of approximately 8.2%. At EUR 50,000,000, the success fee is EUR 3,750,000 and total APX cost is EUR 3,750,000 plus USD 180,000 against EUR 50,000,000 raised, an effective cost of capital of approximately 7.8%. Fixed costs become immaterial as the round size scales — APX economics are dominated by performance, not retainer drag.

8.2 Phase 2 Value Scenarios

The Token Venture (DEZZAI Token) is integrated across the engagement, not a separate phase. The USD 850,000 Core Build Fee is settled 10% in cash and 90% in created DEZZAI Tokens — MMG / Dezzai's cash outlay for the build is therefore limited to USD 85,000, and APX is paid predominantly in the same instrument as the ecosystem it creates. The 10% APX Token Allocation vests subject to a 12-month cliff and 36-month linear vesting, independent of the Performance Bonus (up to USD 250,000, separate cash instrument). Combined monthly cash exposure during the engagement remains USD 18,000 Monthly Retainer plus the USD 2,000 Monthly Expense Threshold ceiling — explicitly disclosed so MMG / Dezzai can plan treasury accordingly.

Phase 2 Option B (APXCOIN integration) converts MMG / Dezzai's existing institutional and counterparty touchpoints into a live APXCOIN utility ecosystem. MMG / Dezzai receives no upfront build cost; APX receives up to 10,000,000 APXCOIN as strategic support compensation. APXCOIN distributions are subject to an 18-month lockup from issuance, followed by 10% monthly vesting over 10 months. Full terms in Schedule D of the Master Services and Engagement Agreement.

8.3 Phase 3 Horizon Scenario

Phase 3 positions MMG / Dezzai as a multi-asset platform with institutional co-investment capability. The long-horizon value creation model targets: (a) two to three controlled acquisitions of complementary commercial or platform assets within a three-to-five-year window; (b) a co-investment vehicle attracting institutional, family-office, and sovereign capital as LP participants; and (c) a shared-services operating model reducing per-asset cost structure by an estimated 20–35% across the portfolio. Phase 3 commercial terms are set in the Phase 3 Scope Schedule at election, with indicative parameters of USD 25,000–50,000 per month retainer, 2–5% success fee on acquisitions, and 1–3% carried interest on co-investment vehicles.

8.4 Headline Economic Indicators

The four indicators below capture the canonical economic shape of the engagement: maximum fixed-cost exposure across the 9-month engagement, peak monthly cash burn, the success-fee rate on gross cash proceeds, and the post-Engagement attribution tail. Together they establish MMG / Dezzai's commitment ceiling under the integrated 5-pillar engagement.

USD 246K
Phase 1 Fixed Cost Cap
USD 48K
Max Monthly if Ph.1+2 Concurrent
7.5%
Success Fee on gross cash proceeds
6 Mo
Attribution Tail Post-Engagement

Phase 1 Cost vs Capital Raised

Value Creation by Phase

Section Nine

9. Engagement Terms

9. Engagement Terms

TermIndicative Position
ExclusivityDuring the term, APX is the exclusive partner for tokenization design and the exclusive advisor for fundraising outreach to investors introduced, sourced, or coordinated by APX, subject to carve-outs for pre-existing investor and partner relationships disclosed in writing by the Company at signing.
ConfidentialityBoth parties will keep non-public business, financing, technical, and commercial information confidential, subject to customary legal exceptions and approved disclosure pathways.
Intellectual propertyMMG / Dezzai retains ownership of its brand, business materials, customer information, and Company-specific deliverables upon payment. APX retains ownership of pre-existing frameworks, templates, methods, and tools, while granting MMG / Dezzai a use license for engagement purposes.
Term and terminationThe engagement would begin on signing and continue for the agreed initial term, subject to termination for material breach with notice and cure period and subject to customary survival of payment, confidentiality, and success-fee provisions.
No guaranteeAPX would commit to execution, process discipline, and outreach effort. APX would not guarantee that any financing closes, that any investor participates, or that any token program proceeds to launch.
Legal and regulatory positionAny token design or launch activity would remain subject to counsel review, jurisdictional analysis, and final business approval. Nothing in this offer should be read as legal, tax, or securities advice.

9.1 Defined Terms

The following definitions govern Section 9 and Section 10 in their entirety and are incorporated by reference into the Master Services and Engagement Agreement.

TermDefinition
Effective Date The date on which the Master Services and Engagement Agreement is duly executed by both Parties. All Engagement Term calculations and phase election windows commence from the Effective Date.
gross cash proceeds All equity, quasi-equity, convertible instruments, and debt finance raised for or by MMG / Dezzai, or any acquisition vehicle or special purpose vehicle controlled by MMG / Dezzai, that was sourced, introduced, arranged, or materially progressed by APX during the Engagement Term or during the Tail Period. Excluded: intercompany loans between MMG / Dezzai entities, government grants, and capital contributed by MMG / Dezzai's existing founders or shareholders as of the Effective Date without APX involvement.
Business Day Any day other than a Saturday, Sunday, or public holiday in New York, New York, USA.
Phase 1 Completion Date Nine (9) months from the Effective Date, subject only to earlier termination by either Party for material breach in accordance with Section 10.1. The Token Venture is integrated across the engagement; build authorization may issue at any point during the Engagement Term.
APX-introduced investor Any investor, lender, partner, sponsor, or other capital source that APX introduced, arranged, or materially progressed during the Engagement Term. For this purpose, "materially progressed" means APX conducted at least two (2) substantive meetings with the relevant investor and the investor was actively engaged in due diligence or negotiation with MMG / Dezzai as of the date of termination. APX provides a covered-investor schedule within ten (10) Business Days of the termination date identifying all APX-introduced investors as of that date.
Capital Strategy Memorandum The capital allocation and deployment memorandum prepared by APX and approved by MMG / Dezzai's board within forty-five (45) calendar days of the Effective Date, setting out the proposed capital structure, targeted investor types, indicative use-of-proceeds framework, and capital deployment sequencing. Final allocation remains MMG / Dezzai's decision, subject to investor terms and the Capital Strategy Memorandum.
Strategic Baseline Memorandum A document prepared by APX within thirty (30) calendar days of the Effective Date setting out MMG / Dezzai's current strategic position, capital structure, market positioning, and key risks, serving as the baseline against which Phase 1 deliverables are measured and approved by MMG / Dezzai's authorized executives as Gate 3.

9.2 Phase 1 Fee Structure

APX's Phase 1 compensation consists of four components: (i) the Monthly Retainer; (ii) the Mandate Success Fee on gross cash proceeds; (iii) the Tail Period entitlement; and (iv) the Monthly Expense Threshold.

ComponentAmount / RateKey Terms
Monthly Retainer USD 18,000 / month Payable monthly in advance. Indicative nine (9) month engagement. Total 9-month retainer: USD 162,000.
Mandate Success Fee Eight percent (8%) of gross cash proceeds Earned at each funded Closing; payable within five (5) Business Days of MMG / Dezzai receiving the applicable funds. Pro rata as each tranche is funded in tranche-funded scenarios. In multi-currency closings, payable in the currency of funding or in USD at the spot rate published by the Bank of England or Bloomberg at 4pm London time on the funding date, at APX's election.
Tail Period Six (6) months Post-termination. Mandate Success Fee remains payable for Closings involving APX-introduced investors. Covers all gross cash proceeds types. APX provides covered-investor schedule within ten (10) Business Days of termination. Tranches funded after the Tail Period expiry are not subject to the Mandate Success Fee unless the commitment was made and documented prior to Tail Period expiry.
Monthly Expense Threshold USD 2,500 / month Flat, same cadence as retainer. Covers ordinary out-of-pocket items. No documentation or true-up required. Extraordinary items exceeding USD 10,000 per single item require MMG / Dezzai's prior written approval by email from MMG / Dezzai's designated executive sponsor. MMG / Dezzai shall respond within five (5) Business Days; failure to respond constitutes approval. Total 9-month expense ceiling: USD 18,000.
Phase 1 Total Fixed Cost Summary

Total Engagement Monthly Retainer (9 months): USD 162,000. Total Engagement Monthly Expense Threshold ceiling (9 months): USD 18,000. Total fixed fees: USD 180,000. Mandate Success Fees are additional, performance-contingent, and payable only upon capital closing.

9.3 Capital Formation Mandate Scope

MMG / Dezzai's indicative capital formation target under Phase 1 is to be confirmed and documented in the Capital Strategy Memorandum within forty-five (45) calendar days of the Effective Date. APX's mandate covers equity, quasi-equity, convertible instruments, and growth debt within MMG / Dezzai's target range across institutional, family-office, and strategic investor categories. MMG / Dezzai retains final allocation authority on all closings.

9.4 Token Venture Activation Mechanics

The Token Venture (DEZZAI) is integrated across the engagement and is not subject to a separate election window. Activation of token build and launch implementation is governed by the Token Activation Commitment Fee (USD 100,000, 60% cash and 40% in created tokens) and the Core Build Fee (USD 850,000 equivalent, 10% cash and 90% in created tokens), each authorized through the standard governance process before APX proceeds from blueprint stage into build and launch. Combined monthly cash exposure during the engagement remains the USD 18,000 Monthly Retainer plus the USD 2,000 Monthly Expense Threshold ceiling — no separate phase retainer or operational layer applies.

ComponentAmount / RateSettlementTiming
Not applicableNot applicable to TT engagementCash (USD)Monthly after Option A election
Operational CashUSD 5,000 / monthCash (USD)Monthly during discovery period
Core Build FeeUSD 850,000 equivalentMMG / Dezzai Project Tokens at launch priceAt token launch
Operational DeferredNot applicable — accrues during discovery and build period (estimated 6–12 months). Maximum accrual Not applicable reflects the 9-month upper bound; actual accrual settles based on elapsed months between Option A election and token launch. Settles in MMG / Dezzai Project Tokens at launch.MMG / Dezzai Project Tokens at launch priceSettles at token launch
APXCOIN Strategic SupportUp to 10,000,000 APXCOINAPXCOIN (18-month lockup, then 10% monthly vesting over 10 months)At or around token launch
Performance BonusUp to USD 250,000 (separate cash instrument, independent of MMG / Dezzai Token Allocation)StablecoinsOne week post-launch
MMG / Dezzai Token AllocationFifteen percent (15%) of total supply (independent of Performance Bonus)MMG / Dezzai Project Tokens (vested per schedule)Per vesting schedule

Note: The Performance Bonus and MMG / Dezzai Token Allocation are two separate and independent compensation streams. The Performance Bonus is a cash payment contingent on launch performance metrics. The 15% MMG / Dezzai Token Allocation is APX's equity-equivalent stake in the MMG / Dezzai token ecosystem, subject to a vesting schedule agreed in the Option A Scope Schedule. Neither caps the other.

9.5 Phase 2 Option B — APXCOIN Integration (Conditional)

Phase 2 Option B integrates APXCOIN into MMG / Dezzai's existing fan, counterparty, and brand touchpoints. APX receives up to 10,000,000 APXCOIN as strategic support compensation. All APXCOIN distributions under this Offer are subject to an 18-month lockup from the date of issuance, followed by 10% monthly vesting over ten (10) months. Full lockup terms are set out in Schedule D (Standard Lockup Agreement) of the Master Services and Engagement Agreement, which is governed by New York law (a deliberate carve-out from the Delaware-governed main Agreement, as set forth in Section 18.3 of the Master Services and Engagement Agreement). MMG / Dezzai and its advisors should seek independent regulatory and tax advice on any APXCOIN or MMG / Dezzai Project Token distributions prior to electing Phase 2.

9.6 Phase 3 Commercial Framework (Indicative)

Phase 3 may be elected by MMG / Dezzai at any time from Month 24 onward by executing the Phase 3 Scope Schedule. Final Phase 3 commercial terms are agreed at election. The following indicative framework is provided to allow MMG / Dezzai to plan and budget accordingly:

ComponentIndicative RangeNotes
Phase 3 Monthly RetainerUSD 25,000–50,000 / monthConfirmed in Phase 3 Scope Schedule at election
Acquisition Success Fee2%–5% of enterprise valuePer acquisition closing; scope per Phase 3 Scope Schedule
Co-Investment Carry1%–3% carried interestOn co-investment vehicles sourced by APX
Platform EquityTo be agreedEquity participation in any platform vehicle; subject to Phase 3 Scope Schedule

Phase Commercial Structure Overview

Capital Deployment Framework (Ph.1 Assumption)

Capital deployment allocation is indicative. Allocation will be refined in the Capital Strategy Memorandum. The Tokenization R&D allocation (10%) applies only if MMG / Dezzai authorizes APX to proceed from token blueprint stage into build and launch. Infrastructure refers to digital and technology infrastructure, not physical assets.

9.7 Indicative Capital Deployment Categories

Where MMG / Dezzai raises capital under Phase 1 or Phase 3, the framework below illustrates an indicative allocation across deployment categories. Final allocation is determined in the Capital Strategy Memorandum and refined transaction-by-transaction. The framework is provided to allow MMG / Dezzai's board and prospective investors to evaluate capital efficiency and deployment discipline before each capital event.

9.8 Services Included in the Monthly Retainer

The Monthly Retainer covers all four Phase 1 workstreams in full, the named Phase 1 deliverables (Capital Strategy Memorandum, Strategic Baseline Memorandum, Brand Identity System, Operating Model Blueprint, supporting registers and frameworks), the governance and reporting cadence (weekly Transaction Working Group, biweekly Steering Committee, monthly board-style report, quarterly strategic review), the senior delivery team (named partner-level coverage plus designated execution leads per workstream), and the standing operational support across the nine-month Engagement Term. The Retainer also covers the production and refresh of all investor materials, the maintenance of the canonical narrative architecture, and the administrative coordination of the engagement.

9.9 Services Excluded from the Monthly Retainer

The Monthly Retainer does not cover: external legal counsel (MMG / Dezzai-side or counterparty-side); external accountants and tax advisors; external regulatory advisors; security audit fees (smart contract audits, cybersecurity audits, SOC 2/ISO 27001 audits); custodial setup fees; third-party market-maker engagement fees; venue and event production costs above the Monthly Expense Threshold; jurisdiction-specific licensing and registration fees; data-room platform subscription fees beyond standard tier; bespoke research commissioned from third-party providers; and any fees, taxes, or duties paid to government or regulatory bodies. Phase 2 and Phase 3 services are excluded from the Phase 1 Monthly Retainer and incur their own commercial terms only upon MMG / Dezzai election and execution of the relevant Scope Schedule.

Section Ten

10. Conditions and Key Terms

10. Conditions and Key Terms

10.1 Engagement Commencement Conditions

(a) Complete and accurate cap table representation, including equity, convertible notes, SAFEs, options, warrants, and any other rights to acquire equity.

(b) Audited or reviewed financial statements for 24 months (or detailed unaudited with management representation letters).

(c) List of all existing investors, board observers, and governance parties relevant to capital formation or term sheet approval.

(d) Written confirmation: no pending or threatened material litigation or regulatory investigations.

(e) Read-only access to management, financial systems, customer data systems, and operating infrastructure as needed.

10.2 Additional Conditions

(a) Investor Approval: Existing investors with approval rights over major transactions must approve engagement or consent to initiatives.

(b) Regulatory Counsel: MMG / Dezzai engages experienced securities and tokenization counsel of its choice. APX defers to counsel on compliance but will prepare all commercial and strategic documentation.

(c) Founder Commitment: The Chief Executive Officer (Oleg Vorontsov) and the Chief Operating Officer (Omar Larios), with the Chief AI Officer (Adrián Alonso) and the Chief Tech Lead (Raúl Carrasco) as equivalent senior principals, commit minimum 10 to 15 hours per week to strategic planning, decision-making, and investor communication.

(d) Token Governance Post-Launch: APX designs governance framework but does not control voting, treasury, or strategic decisions post-launch.

(e) Limitation on Advice: APX provides strategic, commercial, financial, and tokenization advisory only. Not legal, tax, or accounting advice.

10.1 Term and Minimum Commitment

Nine (9) month indicative Engagement Term commencing on the Effective Date. The term runs for convenience and may be extended by mutual written agreement. Termination for material breach is available at any time subject to a ten (10) Business Days' cure period. "Material breach" includes, without limitation: (a) failure by MMG / Dezzai to pay any amount due within ten (10) Business Days of the due date; (b) material misrepresentation by either Party; (c) insolvency or analogous proceedings of either Party; (d) persistent failure by MMG / Dezzai to provide agreed cooperation, data-room access, or executive availability after written notice from APX.

MMG / Dezzai's total fixed-cost commitment is USD 180,000: nine (9) months' Monthly Retainer (USD 162,000) plus nine (9) months' Monthly Expense Threshold ceiling (USD 18,000). All nine months are indicative.

10.2 Exclusivity

APX holds exclusive mandate on capital formation execution, digital asset programme design, and platform-development advisory within scope during the Engagement Term and the Tail Period. MMG / Dezzai may engage the following without restriction: legal counsel for transaction documentation; accountants for audit and tax matters; and regulatory advisors for compliance matters. MMG / Dezzai shall not engage third parties to perform capital formation, digital asset programme design, or platform-development advisory within the scope of APX's mandate without APX's prior written consent.

10.3 Non-Circumvention

"Non-Circumvention" means MMG / Dezzai shall not, without APX's prior written consent, directly or indirectly engage, negotiate with, or accept capital from any APX-introduced investor during the Engagement Term or Tail Period, except through and with APX's involvement. Breach of this obligation entitles APX to the full Mandate Success Fee (eight percent (8%) of the relevant gross cash proceeds) as liquidated damages, which the Parties acknowledge is a genuine pre-estimate of loss and not a penalty. Non-Circumvention obligations survive termination of this Offer and the Master Services and Engagement Agreement for the duration of the Tail Period.

10.4 Confidentiality

This Offer is confidential. MMG / Dezzai may not disclose it to any third party other than MMG / Dezzai's legal counsel, accountants, and board members, in each case under equivalent confidentiality obligations, without APX's prior written consent. This obligation is operative from the date of receipt of this Offer and survives any non-execution or termination of the engagement. If a pre-existing non-disclosure agreement governs the relationship between APX and MMG / Dezzai, this clause supplements and does not replace it.

10.5 IP Ownership

All deliverables produced by APX specifically for MMG / Dezzai under this Offer (including the Investor Narrative Package, Capital Strategy Memorandum, Strategic Baseline Memorandum, Diligence Control Index, and Closing Control File) shall, upon full payment of all fees then due, vest in MMG / Dezzai as work-for-hire. APX retains all rights to its pre-existing methodologies, frameworks, analytical tools, and process templates used in preparing such deliverables. APX's aggregate liability to MMG / Dezzai under or in connection with this Offer and the Master Services and Engagement Agreement shall not exceed an amount equal to nine (9) months' Monthly Retainer paid as of the date of the relevant claim. Full liability and indemnity terms are set out in the Master Services and Engagement Agreement.

10.6 Engagement Commencement

Phase 1 commences upon all of the following conditions being satisfied: (a) execution of the Master Services and Engagement Agreement; (b) MMG / Dezzai providing data-room access sufficient for APX to commence the Strategic Baseline Memorandum; (c) MMG / Dezzai designating an executive sponsor and operating lead with authority to coordinate internal decisions and respond to APX requests within required timeframes; and (d) APX issuing a kickoff confirmation memorandum, which APX shall issue within five (5) Business Days of all other conditions being satisfied. Final capital allocation remains MMG / Dezzai's decision, subject to investor terms and the Capital Strategy Memorandum.

10.7 Governing Law

The Master Services and Engagement Agreement is governed by the laws of the State of Delaware, USA. Disputes are resolved sequentially through: (a) good-faith senior-level negotiation; (b) JAMS mediation in New York; and (c) binding JAMS arbitration in New York with a single arbitrator. Either Party may seek interim injunctive relief from any court of competent jurisdiction to prevent irreparable harm pending resolution. The governing law and jurisdiction choice has been made deliberately to reflect APX Group's home jurisdiction. Schedule D (Standard Lockup Agreement applicable to APXCOIN distributions only) is governed by New York law as a deliberate carve-out from the Delaware-governed main Agreement (per Section 18.3 of the Master Services and Engagement Agreement). MMG / Dezzai Project Token (DEZZAI Token) vesting and lockup are governed separately by the Option A Scope Schedule.

Note for MMG / Dezzai: as the corporate group spans Spanish (MedLab Media Group), Delaware (Dentomatics Inc), and additional jurisdictions, independent EU and US counsel review of the Delaware choice and its enforcement implications across the group is recommended prior to execution. This note is provided as a courtesy and does not form part of the operative governing law clause.

10.8 Documentation

This Offer is the commercial articulation of the engagement. The legal architecture is set out in the Master Services and Engagement Agreement of even date. Key MSA provisions include: limitation of liability (nine (9) months' Monthly Retainer paid); IP ownership of deliverables (see Section 10.5); confidentiality obligations (co-terminous with Tail Period); representations and warranties (capacity, authority, no conflict); force majeure; and assignment restrictions (neither Party may assign without the other's written consent). The Master Services and Engagement Agreement controls in any case of conflict with this Offer. Phase 2 and Phase 3 each activate by executing their respective Scope Schedules. This Offer expires and is no longer capable of acceptance if the Master Services and Engagement Agreement has not been executed by both Parties within thirty (30) calendar days of the date of this Offer.

Engagement Term Architecture

Phase Election Windows

Section Eleven

11. Closing Positioning Statement

11. Closing Positioning Statement

MMG / Dezzai has shown unusual technical substance for its stage — proprietary IP across RAG, ontology, multi-agent and CBCT imaging; sovereign-deployable architecture; deep KSA institutional relationships; multi-vertical optionality across enterprise, regulated healthcare, and SME — and the growth story strengthens with a cleaner capital narrative and disciplined operating system.

This offer raises capital on stronger footing, drives operating discipline across the four-pillar revenue architecture, and builds a tokenized engagement architecture across sovereign, enterprise, SME, developer, and ecosystem relationships. Execution-heavy — a partner framework, not a thin advisory overlay.

When ready, APX recommends a short kickoff: diligence reconciliation, financing architecture, four-pillar priority alignment, first investor-ready materials. That phase sets pace and discipline for the rest of the mandate.

APX Group | Confidential Documentation

APX's engagement with MMG / Dezzai is designed to deliver institutional capital formation capability, integrated strategic planning, brand-building and communications discipline, and operating-readiness infrastructure under a single mandate, with controlled sequential phases for tokenization and long-term strategic build-up available entirely at MMG / Dezzai's election.

The structure reflects: APX's commitment to the mandate through an indicative nine (9) month engagement term; alignment to MMG / Dezzai's actual capital outcomes through a performance-contingent success fee (APX receives no success fee if capital does not close); attribution protection through the 6-month tail; and full MMG / Dezzai decision rights on the digital asset and long-term build-up layers — both of which activate only upon MMG / Dezzai's written election and execution of the relevant Scope Schedule.

APX is a Delaware corporation with a senior cross-border team experienced in institutional capital markets, tokenomics design, M&A advisory, and integrated strategic mandates. This Offer is prepared at institutional quality and reflects APX's actual operating standard — the same standard MMG / Dezzai's capital counterparties will encounter when APX represents MMG / Dezzai in investor engagements.

Execution of the Master Services and Engagement Agreement constitutes acceptance of this Offer. APX is positioned and ready to mobilize within five (5) Business Days of the Effective Date. This Offer expires thirty (30) calendar days from the date hereof if not accepted.

Section Twelve

12. Next Actions and Closing

12. Next Actions and Closing

(a) Confirm APX should convert this proposal into a definitive engagement agreement on the confirmed commercial terms in §8.

(b) Counsel coordination by both parties to convert this proposal into definitive documentation.

(c) Effective Date target: within fifteen (15) business days of confirmation.

(d) Delivery by the Company of the items listed in §10 within thirty (30) days of the Effective Date.

#ActionOwnerTarget Window
1Review this Offer and the Master Services and Engagement Agreement in fullMMG / DezzaiWithin 7 calendar days
2Counsel review and any redline cycle on the definitive engagement agreementMMG / Dezzai / APXWithin 14 calendar days
3Sign Master Services and Engagement Agreement (Effective Date)MMG / Dezzai / APXWithin 30 calendar days of Offer date
4Provide data-room access and designate executive sponsor and operating leadMMG / DezzaiWithin 5 Business Days of Effective Date
5APX kickoff confirmation memorandum and Phase 1 formal mobilizationAPXWithin 5 Business Days of all commencement conditions satisfied
6Strategic Baseline Memorandum — first draft delivered by APXAPXWeeks 3–6 from Effective Date
7Capital Strategy Memorandum — first draft delivered by APX; MMG / Dezzai board approvalAPX / MMG / DezzaiWeeks 3–6 from Effective Date (board approval by Day 45)
8First Steering Committee convenesMMG / Dezzai / APXWeek 2 from Effective Date
9Token Venture build authorization decision (proceed from blueprint into build and launch)MMG / DezzaiAuthorization may issue at any point during the Engagement Term, in writing, before APX commences token build implementation
Day 1–5 — definitive engagement agreement execution, kickoff conditions
Gate 1
Weeks 3–6 — SBM and CSM first drafts
Gate 2
Month 2 — CSM board-approved, investor outreach live
Gate 3
Month 8 — Midpoint execution review; Phase 2 planning checkpoint
Gate 4
Month 12 — Phase 1 Completion Date; Phase 3 horizon opens Month 24
Gate 5
0/0