Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / board-consent-safe-authorization.docx
board-consent-safe-authorization.docx
Parties
Lumos Analytics Inc
General Corp
Equity Inc
Pre-Seed SA
The Pre-Seed SA
Proposed SA
Calderon Partners LLC
Post-Money SA
Dates
August 30, 2023
January 14, 2022
July 18, 2023
March 6, 2023
August 21, 2023
August 25, 2023
Amounts
$0.0001
$1,200,000
$8,000,000
$6,800,000
$28,000,000
$1,000,000
$500,000
$300,000
$250,000
$150,000
Obligations
This written consent may be executed in one or more counterparts, including by electronic signature, each of which shall be deemed an original and all of which together shall constitute one and the same instrument
All SAFEs to be issued in connection with the SAFE Financing shall have a post-money valuation cap of twenty-eight million dollars ($28,000,000) and shall not include any discount rate
The anticipated investors and their respective commitment amounts for the SAFE Financing are as follows: Each SAFE to be issued in the SAFE Financing shall include a most-favored-nation ("MFN") provision in favor of the holder, providing that if the Company subsequently issues any SAFE or similar convertible instrument on terms more favorable to the holder thereof, the holders of the SAFEs issued in the SAFE Financing shall have the right to amend their SAFEs to incorporate such more favorable terms
The SAFEs shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to conflicts of law principles
FURTHER RESOLVED, that the form of Post-Money Simple Agreement for Future Equity, substantially in the form to be prepared by Calderwood & Harkness LLP based on the Calderon Partners LLC standard Post-Money SAFE form (as modified to reflect the terms negotiated between the Company and the investors), is hereby approved, together with such changes, modifications, additions, and deletions thereto as the officers of the Company executing the same shall approve, the execution thereof by such officers to be conclusive evidence of their approval of any such changes, modifications, additions, and deletions
customary pro rata participation rights in the next equity financing of the Company following the conversion of its SAFE into equity securities of the Company, on such terms and conditions as are customary for transactions of this nature and as the officers of the Company executing the same shall approve, such approval to be conclusively evidenced by their execution thereof