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Review the term sheet in Exhibit 1 and the capitalization table in Exhibit 2 and answer the following questions: a. What are the prices per

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Review the term sheet in Exhibit 1 and the capitalization table in Exhibit 2 and answer the following questions:

a. What are the prices per share for Series A1 and Series A2?

b. What are the special advantages of preferred shareholders over common shareholders?

based on the total shares outstanding in Exhibit 2
The information is already updated
please help me, all the information is on both exhibits
Fast Ioe Battery suseos Exhibit 1 Summary of Terms of Series A Preferred Stock Financing for Fast lon Battery Iavestors: Type of Security: Valuation: Ware Street Capital, Franconia Ventures and Bluelock Venture Capital Series A1 and A2 Preferred Slock (the "Preferred Shock"). The post money valuation for Series A1 Round of Funding shall be $9 million ("Post Money Valuation") based on a $4 million capital raise and isclusive of a 20% unallocated post-money employoe stock option pool. The series A2 trunche of $6 million will be disbursed conditional on meeting the milestones eutlined in [Exhibit 51. The post money valuation for Series A2 Round of Funding shall be $19.5 million. Terms of Series A Preferred Stock Dividend Provisions: Liquidatien Preference: Conversion: Anti-dilutien Provisions: Veting Rights: The Preferred Stock will have an annual per share son-cumulative dividend of 8% per annum, payable when and if declared by the Board prior to and in preferesce to any payment of dividends on Common. In the event of any liquidation, dissolution of winding up of the Coapany, the holders of Series A Preferred Siock will be entitled to receive, in preference to the holders of Common Stock, an amount equal to the Original Purchase Price plus accrued and unpaid dividends. Thereafter, the remaining assets of the Company will be distributed ratably to the holders of Common Stock. A merger or concolidation (other than one in which stockholders of the Company own a majority by voting power of the outstanding shares of the surviving or acquiring corporation) and a sale, lease, transfer, exclusive license or other disposition of all or substantially all of the assets of the Company will be treated as a liquidation event (a "Deemed Liquidation Event"). thereby triggering payment of the liquidation preference deseribed above unless the holders of at least a majority of the Series. A Prefernod Stock elect ocherwise. The holders of Preferred Stock shall have the right to convert any er all shares of Preferred Stock, at the option of the holder, at any time, into shares of Common Stock. One share of Preferred Stock shall initially be convertible inte one share of Common Stock (see anti-dilution provisions). The comversion price of the Preferred Stock shall be subject te adfustment according to a broad hased weighted-average anti-dilution formula in the event of the sale of the Company's securities at a price less than the current cenversion price, subject to standard carve outs. In addition, there will be proporticnal adjustments for stock splits, stock dividends, recapitalizations and the like. Securities issued pursuant to a Company stock option plan shall not trigger anti-dilution protection. Holders of a majority of the Preferred Stock may elect to waive on behulf of all holders of Preferred Srock the foregoing anti-dilution provisicens. The bolders of Preferred Stock will vote together with Commen Stock and not as a separate class except as specifically provided herein under "Protective Provisions" of as otherwise requited by law. Each share of Preferred Stock shall have a number of votes equal to the number of shares of Common Stock then issuable upon the conversion of such shares of Preferred Stock. Sourcet Caswriten. valuation

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