As the original member of the Hedera Hashgraph, LLC, public information regarding Swirlds allocation of HBAR coins is available on the Hedera website and published in the Hbar Economics Whitepaper https://hedera.com/hh-hbar-coin-economics-paper-060320-v3.pdf
Included in Swirlds allocation are 1,010,714,000 coins retained by Swirlds for future dividend distribution to Swirlds Series A Preferred investors. Swirlds anticipates beginning declaration and distribution of HBAR dividends in the last week of February 2021. It is expected that these distributions will continue monthly until all of the retained coins for the Series A Preferred investors have been distributed. All dividend distributions and the timing of the distributions is at the discretion of Swirlds Board of Directors. A sale or dissolution of the company could impact the timing and amounts of dividend distributions. The Swirlds Board of Directors has limited each monthly dividend to an amount not more than the sum over the days in the prior month to 0.05% of the lesser of the volume of hbars traded on each day or the average daily trading volume for the 30 days prior to each day.
The Series A Preferred investors receiving dividend distributions from the allocation of the retained coins, are equity investors in Swirlds who invested in convertible notes between May of 2016 and November 2017 that later converted to stock in Swirlds. Mance Harmon and Leemon Baird, co-founders of Swirlds, Inc. and Hedera Hashgraph, LLC, are not included in the group of Series A Preferred investors and will not be receiving dividend distributions from the allocation of retained coins.