Calculate the waterfall based on the following capitalization table. Assume the cash buyout under two different scenarios. Investment $10,000,000 $0 Equity Dividends Hold Times Common $1,000,000 Conv Pref (1x) 8% 31 Months Part Pref (2x) 10% 19 Months 48 Months 13,000,000 Founders Series A Series B 3,000,000 61.90% 14.29% 23.81% 5,000,000 Suppose a new Series C investor is offering to invest $5,000,000 @ 1.71 Per Share If the Series B Investor has full-ratchet Anti-dilution, how many additional shares will it receive? Additional Shares Show Work: If the Series B Investor has Weighted Average Anti-dilution, how many additional shares will it receive? Additional Shares Calculate the waterfall based on the following capitalization table. Assume the cash buyout under two different scenarios. Investment $10,000,000 $0 Equity Dividends Hold Times Common $1,000,000 Conv Pref (1x) 8% 31 Months Part Pref (2x) 10% 19 Months 48 Months 13,000,000 Founders Series A Series B 3,000,000 61.90% 14.29% 23.81% 5,000,000 Suppose a new Series C investor is offering to invest $5,000,000 @ 1.71 Per Share If the Series B Investor has full-ratchet Anti-dilution, how many additional shares will it receive? Additional Shares Show Work: If the Series B Investor has Weighted Average Anti-dilution, how many additional shares will it receive? Additional Shares