Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / convertible-note-conversion-memo.docx
convertible-note-conversion-memo.docx
Parties
Harkness LLP
Pinnacle Venture Fund II LP
Harborview Angel Syndicate LLC
Caldwell Family Office LLC
Keane LLP
Blackthorn Growth Fund III LP
Stonebridge Ventures LLC
Ridgepoint Seed Partners LP
Dates
May 6, 2026
March 15, 2024
March 15, 2026
June 30, 2026
June 15, 2026
February 28, 2026
April 1, 2026
April 18, 2026
April 22, 2026
April 14, 2026
Amounts
$1,500,000
$5.00
$4.00
$25,000,000
$2.00
$202,500
$1,702,500
$22,500,000
$5,000,000
$57,500,000
Obligations
No action on the part of the note holders is required to effect the conversion, and the note holders may not elect to defer or decline conversion upon the occurrence of a Qualified Financing
Amended and Restated Certificate of Incorporation The Amended and Restated Certificate of Incorporation (the "Restated Certificate") to be filed with the Delaware Secretary of State at or immediately prior to closing must authorize a sufficient number of shares of Series A Preferred Stock to cover both the new-money issuance and the conversion issuance
This is a critical distinction, as the five-year holding period requirement under IRC § 1202 must be satisfied from the conversion date