Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / executed-safe-canopy-growth.docx
executed-safe-canopy-growth.docx
Parties
This SA
Calderon Partners LLC
Post-Money SA
PREAMBLE THIS SA
CANOPY GROWTH CAPITAL LLC
Termination This SA
Equity Inc
Pre-Seed SA
Dates
September 29, 2023
August 30, 2023
Amounts
$1,000,000
$0.0001
$28,000,000
$1,100,000
$6,800,000
$1,200,000
$8,000,000
$3,500,000
Obligations
The number of shares of Standard Preferred Stock issuable upon such conversion shall be equal to the Purchase Amount divided by the Conversion Price
The "Conversion Price" shall mean the price per share equal to the Post-Money Valuation Cap divided by the Company Capitalization, each as defined in Section 2 hereof
For the avoidance of doubt, no discount rate shall apply to the determination of the Conversion Price under this SAFE
In the event that the price per share paid by new investors in the Equity Financing is lower than the Conversion Price as calculated in accordance with this Section 1(a), the Investor shall nonetheless receive shares of Standard Preferred Stock at the Conversion Price calculated hereunder, provided that the Conversion Price shall in no event exceed the price per share paid by new investors in the Equity Financing
The "Liquidity Price" shall mean the price per share equal to the Post-Money Valuation Cap divided by the Liquidity Capitalization, each as defined in Section 2 hereof
The Investor shall notify the Company in writing of its election under this Section 1(b) within five (5) business days of its receipt of the Liquidity Event Notice