Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / letter-revised-valuation-proposal.docx
letter-revised-valuation-proposal.docx
Parties
HARKNESS LLP
Pinnacle Venture Fund II LP
Pinnacle Capital Management LLC
Hargrove Securities LLC
Associates LLP
Meridian Logistics Corp
Brindoval Capital Group LLC
Ridgeline Ventures Fund III LP
Dates
September 19, 2022
April 22, 2022
May 3, 2022
May 12, 2022
July 8, 2022
August 15, 2022
September 30, 2022
May 16, 2022
December 31, 2023
July 2, 2023
Amounts
$60,000,000
$320,000,000
$4.00
$380,000,000
$260,000,000
$3.25
$11,800,000
$47,300,000
$27,200,000
$28,900,000
Obligations
However, these growth metrics must be evaluated in the context of the Company's overall financial position, which includes the following factors: (a) Negative EBITDA and Continued Cash Burn
The parties remain at impasse on this point following the negotiation session held on August 2, 2022, and Pinnacle believes this issue must be resolved in tandem with the valuation discussion