Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / executed-term-sheet-vantage-peak.docx
executed-term-sheet-vantage-peak.docx
Parties
Lumos Analytics Inc
Post-Money SA
Calderon Partners LLC
The SA
Investor's SA
Conversion Events The SA
Equity Inc
Pre-Seed SA
Dates
August 25, 2023
September 1, 2023
January 14, 2022
June 15, 2023
September 15, 2023
September 30, 2023
Amounts
$38,000
$6,800,000
$3,500,000
$3,300,000
$28,000,000
$1,000,000
$0.0001
$1,200,000
$8,000,000
$500,000
Obligations
This term sheet is intended to summarize the principal terms of the proposed investment and is not intended to be legally binding upon the parties, except for the provisions contained in Section 13 (Governing Law), Section 14 (Confidentiality), and Section 15 (Exclusivity), which shall be binding upon the parties upon execution hereof
Each Co-Investor shall execute a separate Post-Money SAFE on substantially similar terms as those set forth herein, subject to any MFN adjustments as described in Section 5
The SAFEs issued in the SAFE Round shall not include a discount rate
50% pro forma ownership (fully diluted) Assuming the SAFE Round is fully subscribed at the target amount of $6,800,000, the aggregate pro forma ownership of all new SAFE investors upon conversion shall be: $6,800,000 ÷ $28,000,000 = 24
Without limiting the generality of the foregoing, the MFN right shall apply to, among other things, any more favorable (a) valuation cap (i
The Company shall promptly notify the Investor in writing of the issuance of any Subsequent Convertible Security and shall provide the Investor with a true and complete copy of such instrument within five (5) business days following issuance