Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-disclosure-obligations-safe.docx
memo-disclosure-obligations-safe.docx
Parties
HARKNESS LLP
Lumos Analytics Inc
Peralta IP Consulting LLC
Company's SA
Canopy Growth Capital LLC
The SA
Post-Money SA
Calderon Partners LLC
Dates
October 12, 2023
October 9, 2023
October 10, 2023
September 12, 2023
September 14, 2023
September 8, 2023
September 22, 2023
September 25, 2023
September 29, 2023
October 2, 2023
Amounts
$6,800,000
$28,000,000
$3,500,000
$185
$1,200,000
$500,000
$8,000,000
$1,100,000
$1,000,000
$5,800,000
Obligations
Additionally, disclosure must precede any further steps toward execution of the SAFE with Atlas Fintech Syndicate, L
The Company shall, upon the reasonable written request of any SAFE holder holding a SAFE with a purchase amount of at least $1,000,000, provide such additional information regarding the Company's business, operations, and financial condition as may be reasonably requested, provided that the Company shall not be required to disclose trade secrets, proprietary technology, or information subject to confidentiality obligations to third parties
In the absence of an express definition, the term "material" as used in the SAFEs must be construed according to its standard legal meaning under applicable law
The material adverse developments provision in the SAFEs specifies that notice must be provided "within ten (10) business days of the Company's becoming aware" of the relevant development