Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. EBV is considering a $6M Series A investment for 6M shares of convertible preferred shares of Newco. The capitalization table of Newco prior
1. EBV is considering a $6M Series A investment for 6M shares of convertible preferred shares of Newco. The capitalization table of Newco prior to the investment is as follows: CAPITALIZATION TABLE FOR NEWCO Prefinancing Security # of Shares % Common-Founders 15,000,000 83.3 Common-Employee Stock Pool 3,000,000 16.7 Issued 600,000 3.3 Unissued 2,400,000 13.4 Total 18,000,000 100 (a) What is the price per share for the Series A? (b) What is the fully diluted share count? (c) What is the proposed ownership percentage? (d) What is the post-money valuation? (e) What is the pre-money valuation?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started