SEC Filings

Form F-1
TRIVAGO N.V. filed this Form F-1 on 11/14/2016
Document Outline
Entire Document (4968.9 KB)
Subdocument 1 - F-1 - F-1
Page 1 - As filed with the Securities and Exchange Commission on November 14, 2016.
Page 2 - The information in this prospectus is not complete and may be changed. We may not sell these securit
Page 3 - N/A
Page 4 - N/A
Page 5 - Table of contents
Page 6 - We are responsible for the information contained in this prospectus. Neither we nor the Selling Shar
Page 7 - Prospectus summary
Page 8 - Selected consolidated financial data
Page 9 - Independent hotel search platforms as an increasingly important tool for consumers and advertisers
Page 10 - Key benefits for users
Page 11 - Delivery of transaction-ready referrals
Page 12 - High brand recognition and user loyalty
Page 13 - ... and independent ...
Page 14 - Related party transactions
Page 15 - naamloze vennootschap
Page 16 - Related party transactions Relationship
Page 17 - Our shareholders
Page 18 - Implications of being an emerging growth company and a foreign private issuer
Page 19 - Status as a controlled company
Page 20 - The offering
Page 21 - N/A
Page 22 - N/A
Page 23 - Summary consolidated financial data
Page 24 - N/A
Page 25 - Balance sheet data:
Page 26 - Risk factors
Page 27 - We are dependent on economic conditions and declines in travel or discretionary spending generally c
Page 28 - Advertiser competition
Page 29 - We are subject to counterparty default risks.
Page 30 - Our brands are subject to reputational risks and impairment.
Page 31 - We have identified a material weakness in our internal control over financial reporting and may iden
Page 32 - We rely on search engines, which may change their business models or search engine algorithms in way
Page 33 - If we do not continue to innovate and provide tools and services that are useful to users and advert
Page 34 - Any significant disruption in service on our websites and apps or in our computer systems, some of w
Page 35 - A failure to comply with current laws, rules and regulations or changes to such laws, rules and regu
Page 36 - Application of existing tax laws, rules or regulations are subject to interpretation by taxing autho
Page 37 - Our global operations involve additional risks and our exposure to these risks will increase as our
Page 38 - The results of the United Kingdom s referendum on withdrawal from the European Union may have a nega
Page 39 - We rely on the performance of highly skilled personnel, including senior management and our technolo
Page 40 - Our dual-class share structure with different voting rights, and certain provisions in the Amended a
Page 41 - We rely on the foreign private issuer and controlled company exemptions from certain corporate gover
Page 42 - Description of share capital and articles of association Comparison of Dutch corporate law and our a
Page 43 - Litigation could distract management, increase our expenses or subject us to material money damages
Page 44 - Risks related to our ongoing relationship with our shareholders
Page 45 - Expedia s interests may conflict with our interests, the interests of the Founders and the interests
Page 46 - The services that Expedia will provide to us following this offering may not be sufficient to meet o
Page 47 - Confidentiality agreements with employees and others may not adequately prevent disclosure of trade
Page 48 - Seasonality may cause fluctuations in our results of operations.
Page 49 - Future sales and/or issues of our ADSs, or the perception in the public markets that these sales may
Page 50 - You may not be able to exercise your right to vote the Class A shares underlying your ADSs
Page 51 - We are an emerging growth company and we cannot be certain whether the reduced disclosure requiremen
Page 52 - Bundeszentralamt f r Steuern
Page 53 - German taxation Taxation of the company (trivago N.V.) General
Page 54 - The rights of shareholders in companies subject to Dutch corporate law differ in material respects f
Page 55 - Enforcement of civil liabilities
Page 56 - We may be classified as a passive foreign investment company, or PFIC, which could result in adverse
Page 57 - About this prospectus
Page 58 - Cautionary note regarding forward-looking statements
Page 59 - N/A
Page 60 - Market and industry data
Page 61 - Exchange rates
Page 62 - Corporate structure
Page 63 - inter alia
Page 64 - Risk factors Tax risks related to the corporate reorganization
Page 65 - Use of proceeds
Page 66 - Capitalization
Page 67 - N/A
Page 68 - Dilution
Page 69 - Post-IPO merger related-dilution
Page 70 - Selected consolidated financial data
Page 71 - N/A
Page 72 - Balance sheet data:
Page 73 - Management s discussion and analysis of financial condition and results of operations
Page 74 - Key factors affecting our financial condition and results of operations
Page 75 - Qualified referrals
Page 76 - Revenue per qualified referral (RPQR)
Page 77 - N/A
Page 78 - Key factors of our growth
Page 79 - Mobile products
Page 80 - Continued shift to online travel
Page 81 - Results of operations
Page 82 - Revenue
Page 83 - Cost of revenue and expenses
Page 84 - Selling and marketing
Page 85 - Technology and content
Page 86 - Amortization of intangible assets
Page 87 - Comparison of year ended December 31, 2014 and 2015
Page 88 - Revenue
Page 89 - Cost of revenue and expenses
Page 90 - Technology and content
Page 91 - Amortization of intangible assets
Page 92 - Quarterly data
Page 93 - Financial position, liquidity and capital resources
Page 94 - Contractual obligations and commitments
Page 95 - Off-balance sheet arrangements
Page 96 - Concentration of credit risk
Page 97 - Critical accounting policies and significant judgments and estimates
Page 98 - Leases
Page 99 - Recoverability of intangible assets with definite lives and other long-lived assets
Page 100 - Advertising expense
Page 101 - N/A
Page 102 - Fair market valuation
Page 103 - Income approach
Page 104 - Recent accounting pronouncements
Page 105 - Business
Page 106 - Selected consolidated financial data
Page 107 - Independent hotel search platforms as an increasingly important tool for consumers and advertisers
Page 108 - Our market opportunity
Page 109 - Key benefits for users
Page 110 - Market-driven, referral-based pricing structure
Page 111 - Scalable business model
Page 112 - ... finding the ideal...
Page 113 - Marketing tools and services for advertisers
Page 114 - Our customers
Page 115 - Competition
Page 116 - Infrastructure
Page 117 - Our employees and culture
Page 118 - Government regulation
Page 119 - Legal proceedings
Page 120 - Management
Page 121 - Malte Siewert
Page 122 - Dara Khosrowshahi
Page 123 - Management board
Page 124 - N/A
Page 125 - Supervisory board
Page 126 - Supervisory board member independence
Page 127 - Description of share capital and articles of association
Page 128 - Compensation Committee
Page 129 - Code of Business Conduct and Ethics
Page 130 - Equity Incentive Plan 2016
Page 131 - Principal and selling shareholders
Page 132 - N/A
Page 133 - Related party transactions
Page 134 - Management Supervisory board committees
Page 135 - nolo contendere
Page 136 - IPO Structuring Agreement
Page 137 - Credit facility Guarantee
Page 138 - Services and Support Agreement
Page 139 - Agreements with management board or supervisory board members
Page 140 - Description of share capital and articles of association
Page 141 - Issuance of shares and preemptive rights
Page 142 - Form and transfer of shares
Page 143 - Amendment of articles of association
Page 144 - Liquidation rights and dissolution
Page 145 - Quorum and voting requirements
Page 146 - Duties and liabilities of board members
Page 147 - Ondernemingskamer
Page 148 - N/A
Page 149 - N/A
Page 150 - N/A
Page 151 - N/A
Page 152 - N/A
Page 153 - N/A
Page 154 - N/A
Page 155 - N/A
Page 156 - N/A
Page 157 - N/A
Page 158 - N/A
Page 159 - N/A
Page 160 - Dutch Corporate Governance Code
Page 161 - Dutch Financial Reporting Supervision Act
Page 162 - Shares eligible for future sale
Page 163 - Regulation S
Page 164 - Description of American depositary shares
Page 165 - N/A
Page 166 - Deposit, withdrawal and cancellation
Page 167 - How do ADS holders interchange between Certificated ADSs and Uncertificated ADSs?
Page 168 - Compliance with regulations
Page 169 - N/A
Page 170 - Payment of taxes
Page 171 - Amendment and termination
Page 172 - Limitations on obligations and liability
Page 173 - Requirements for depositary actions
Page 174 - Direct registration system
Page 175 - Material tax considerations
Page 176 - Mitunternehmerschaften
Page 177 - Mindestbesteuerung
Page 178 - German tax
Page 179 - Risk factors
Page 180 - Taxation of the distributions from ADSs for investors not domiciled in Germany
Page 181 - Bundeszentralamt f r Steuern,
Page 182 - G nstigerpr fung
Page 183 - Freistellungsauftrag
Page 184 - Sole proprietors
Page 185 - Withholding tax ADSs held in a German custody account
Page 186 - distributions from ADS for investors domiciled in Germany
Page 187 - Taxation of capital gains from ADSs ADS holder with a domicile in Germany
Page 188 - Sperrvermerk
Page 189 - Trade tax
Page 190 - inl ndisches Wertpapierhandelsunternehmen
Page 191 - Abkommen zwischen der Bundesrepublik Deutschland und den Vereinigten Staaten von Amerika zur Vermeid
Page 192 - Material Netherlands tax considerations
Page 193 - Dividend withholding tax
Page 194 - Taxes on income and capital gains
Page 195 - Non-residents of the Netherlands
Page 196 - Material U.S. federal income tax considerations
Page 197 - PROSPECTIVE PURCHASERS ARE URGED TO CONSULT THEIR TAX ADVISORS ABOUT THE APPLICATION OF THE U.S. FED
Page 198 - Sale or other taxable disposition of our ADSs
Page 199 - Foreign taxes
Page 200 - Distributions
Page 201 - Foreign financial asset reporting
Page 202 - Underwriting
Page 203 - N/A
Page 204 - N/A
Page 205 - European Economic Area
Page 206 - Notice to prospective investors in the United Kingdom
Page 207 - Notice to prospective investors in Japan
Page 208 - Notice to prospective investors in the Netherlands
Page 209 - Expenses of the offering
Page 210 - Legal matters
Page 211 - Enforcement of civil liabilities
Page 212 - Where you can find more information
Page 213 - Index to financial statements
Page 214 - trivago GmbH
Page 215 - trivago GmbH
Page 216 - trivago GmbH
Page 217 - trivago GmbH
Page 218 - trivago GmbH
Page 219 - trivago GmbH
Page 220 - trivago GmbH
Page 221 - 2. Significant accounting policies
Page 222 - Share-based compensation
Page 223 - Contingent liabilities
Page 224 - Recent accounting policies not yet adopted
Page 225 - 4. Fair value measurement
Page 226 - 5. Debt credit facility
Page 227 - 8. Redeemable noncontrolling interests
Page 228 - Contribution from parent
Page 229 - Guarantee
Page 230 - N/A
Page 231 - 14. Subsequent events
Page 232 - Report of independent registered public accounting firm
Page 233 - trivago GmbH
Page 234 - trivago GmbH
Page 235 - trivago GmbH
Page 236 - trivago GmbH
Page 237 - trivago GmbH
Page 238 - trivago GmbH
Page 239 - 2. Significant accounting policies
Page 240 - Restricted cash
Page 241 - Business combinations
Page 242 - Recoverability of intangible assets with definite lives and other long-lived assets
Page 243 - Presentation of taxes in the statements of operations
Page 244 - Fair value recognition, measurement and disclosure
Page 245 - Contingent liabilities
Page 246 - 3. Acquisitions
Page 247 - Combined Pro forma Information
Page 248 - 5. Property and equipment, net
Page 249 - Goodwill
Page 250 - 8. Employee benefit plans
Page 251 - trivago option plan
Page 252 - 10. Income taxes
Page 253 - Uncertain tax positions
Page 254 - N/A
Page 255 - 11. Redeemable noncontrolling interests
Page 256 - Accumulated other comprehensive income (loss)
Page 257 - Legal proceedings
Page 258 - Guarantee
Page 259 - N/A
Page 260 - Geographic information
Page 261 - 17. Valuation and qualifying accounts
Page 262 - N/A
Page 263 - N/A
Page 264 - ADSs
Page 265 - Part II
Page 266 - Item 7. Recent sales of unregistered securities
Page 267 - Item 9. Undertakings
Page 268 - N/A
Page 269 - Signatures
Page 270 - N/A
Page 271 - Signature of authorized U.S. representative of registrant
Page 272 - Exhibit index
Page 273 - N/A
Subdocument 2 - EX-3.3 - EX-3.3
Page 1 - This is a translation into English of the official Dutch version of the articles of association of a
Page 2 - NAME AND SEAT
Page 3 - OBJECTS
Page 4 - SHARES - CONVERSION
Page 5 - N/A
Page 6 - SHARES - ISSUE
Page 7 - SHARES - PAYMENT
Page 8 - SHARES - REDUCTION OF ISSUED SHARE CAPITAL
Page 9 - SHARES - USUFRUCT AND PLEDGE
Page 10 - MANAGEMENT BOARD - APPOINTMENT, SUSPENSION AND DISMISSAL
Page 11 - N/A
Page 12 - MANAGEMENT BOARD - COMPENSATION
Page 13 - SUPERVISORY BOARD - APPOINTMENT, SUSPENSION AND DISMISSAL
Page 14 - SUPERVISORY BOARD - DUTIES AND ORGANISATION
Page 15 - SUPERVISORY BOARD - COMPENSATION
Page 16 - GENERAL MEETING - CONVENING AND HOLDING MEETINGS
Page 17 - GENERAL MEETING - PROCEDURAL RULES
Page 18 - GENERAL MEETING - EXERCISE OF MEETING AND VOTING RIGHTS
Page 19 - GENERAL MEETING - DECISION-MAKING
Page 20 - CLASS MEETINGS
Page 21 - REPORTING - FINANCIAL YEAR, ANNUAL ACCOUNTS AND MANAGEMENT REPORT
Page 22 - DISTRIBUTIONS - RESERVES
Page 23 - DISSOLUTION AND LIQUIDATION
Subdocument 3 - EX-3.4 - EX-3.4
Page 1 - MANAGEMENT BOARD RULES
Page 2 - N/A
Page 3 - COMPOSITION
Page 4 - N/A
Page 5 - DECISION-MAKING
Page 6 - CONFLICT OF INTERESTS
Page 7 - POWERS OF ATTORNEY
Page 8 - GOVERNING LAW AND JURISDICTION
Page 9 - Appendix A - Matters requiring Supervisory Board approval
Page 10 - N/A
Page 11 - N/A
Page 12 - Appendix B - Management Board tasks and duties permitted outside of Germany
Page 13 - Permitted Activity
Page 14 - C)
Subdocument 4 - EX-3.5 - EX-3.5
Page 1 - Exhibit 3.5
Page 2 - COMPOSITION
Page 3 - N/A
Page 4 - DUTIES AND ORGANISATION
Page 5 - DECISION-MAKING
Page 6 - CONFLICT OF INTERESTS
Page 7 - OWNERSHIP OF AND TRADING IN FINANCIAL INSTRUMENTS
Page 8 - COMMITTEES
Subdocument 5 - EX-4.1 - EX-4.1
Page 1 - AMENDED AND RESTATED
Page 2 - TABLE OF CONTENTS
Page 3 - SCHEDULES
Page 4 - AMENDED AND RESTATED SHAREHOLDERS AGREEMENT
Page 5 - IT IS AGREED:
Page 6 - Shareholders
Page 7 - Company Registration
Page 8 - IFRS
Page 9 - Managing Shareholders Representative
Page 10 - wichtiger Grund
Page 11 - Registration Statement
Page 12 - Subsidiary
Page 13 - Transition Period
Page 14 - N/A
Page 15 - Appointment.
Page 16 - No automatic conflict of interests.
Page 17 - Prohibited Directors
Page 18 - Non-Managing Shareholder Approval of CEO Nominees
Page 19 - Bad Leaver Call Notice
Page 20 - Alternative Consideration
Page 21 - ARTICLE 3
Page 22 - provided
Page 23 - Confidentiality
Page 24 - N/A
Page 25 - ARTICLE 5
Page 26 - Registration Obligations and Procedures
Page 27 - provided
Page 28 - provided
Page 29 - provided
Page 30 - Investor Registration Underwriters
Page 31 - Indemnification; Contribution
Page 32 - provided
Page 33 - N/A
Page 34 - Copies of Registration Statements
Page 35 - ARTICLE 6
Page 36 - Tag-Along
Page 37 - Drag-Along
Page 38 - Share Cancellation Voting Agreement
Page 39 - Managing Shareholder Non-Compete
Page 40 - ARTICLE 10
Page 41 - mutatis mutandis
Page 42 - Counterparts
Page 43 - N/A
Page 44 - N/A
Page 45 - Annex A
Page 46 - N/A
Page 47 - Annex B
Page 48 - Tax:
Page 49 - Annex C:
Page 50 - N/A
Page 51 - COMPOSITION
Page 52 - N/A
Page 53 - DECISION-MAKING
Page 54 - CONFLICT OF INTERESTS
Page 55 - POWERS OF ATTORNEY
Page 56 - GOVERNING LAW AND JURISDICTION
Page 57 - Appendix A - Matters requiring Supervisory Board approval
Page 58 - N/A
Page 59 - N/A
Page 60 - Appendix B - Management Board tasks and duties permitted outside of Germany
Page 61 - Permitted Activity
Page 62 - N/A
Page 63 - Annex D:
Page 64 - COMPOSITION
Page 65 - N/A
Page 66 - DUTIES AND ORGANISATION
Page 67 - DECISION-MAKING
Page 68 - CONFLICT OF INTERESTS
Page 69 - OWNERSHIP OF AND TRADING IN FINANCIAL INSTRUMENTS
Page 70 - COMMITTEES
Page 71 - ANNEX E
Page 72 - PRIVATE DEED OF SALE AND TRANSFER OF CLASS A SHARES
Page 73 - N/A
Page 74 - (signature page follows)
Page 75 - Signature page to a private deed of sale and transfer of shares
Subdocument 6 - EX-8.1 - EX-8.1
Page 1 - Exhibit 8.1
Page 2 - N/A
Page 3 - N/A
Page 4 - EXHIBIT A
Subdocument 7 - EX-8.2 - EX-8.2
Page 1 - Exhibit 8.2
Page 2 - N/A
Page 3 - Landgericht
Page 4 - Material tax considerations
Subdocument 8 - EX-8.3 - EX-8.3
Page 1 - Exhibit 8.3
Page 2 - N/A
Subdocument 9 - EX-10.9 - EX-10.9
Page 1 - TRIVAGO N.V.
Page 2 - Award Agreement
Page 3 - Exchange Act
Page 4 - RSU Restriction Period
Page 5 - Procedures
Page 6 - Discretion of Committee
Page 7 - Rules for Calculating Shares Delivered
Page 8 - SECTION 4. ELIGIBILITY
Page 9 - Tandem SARs
Page 10 - Delivery; Rights of Shareholders
Page 11 - provided
Page 12 - SECTION 7. OTHER SHARE-BASED AWARDS
Page 13 - SECTION 10. UNFUNDED STATUS OF PLAN
Page 14 - Limitation on Dividend Reinvestment and Dividend Equivalents
Page 15 - N/A
Subdocument 10 - EX-21.1 - EX-21.1
Page 1 - Exhibit 21.1
Subdocument 11 - EX-23.1 - EX-23.1
Page 1 - Exhibit 23.1
Subdocument 12 - EX-99.1 - EX-99.1
Page 1 - Exhibit 99.1
Page 2 - Consent of Director Nominee
Page 3 - Consent of Director Nominee
Page 4 - Consent of Director Nominee
Page 5 - Consent of Director Nominee
Page 6 - Consent of Director Nominee
Page 7 - Consent of Director Nominee