Angel Investment Cap Table Exercise Name of Company Type of Entity Type of Equity Size of Offering Valuation Investors Investor Incentives Option Pool Newco, Inc. Delaware C Corporation Series A Preferred Stock $1,000,000 Pre-money $1,500,000 Post-month $2,500,000 Price per share $2.50 Accredited investors as defined in SEC Reg u Rule 501 10% Warrant coverage The company will increase the authorized pooi oi thing to bring the total unallocated options to at least the following percent Total unallocated options 20% Post-money New options issued 350,000 Capitalization Table Equity Type Common Options Already Granted Existing Option Pool Avail New Option Pool Series A Preferred Stock Warrants (10% of new issue) Total Shares Please fill out the Pos Pre-Financing Number % Fully of Shares Diluted 2,000,000 80% 200,000 8% 300,000 12% 2,500,000 100%