FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / pro-rata-side-letter.docx
pro-rata-side-letter.docx · 1042-00002

Parties

Brightfield Cloud Services Inc
Major Purchaser's SA
Jade Peak Ventures LLC
Ariel Crest Capital LLC
Purchaser's SA
Harkness LLP

Dates

April 15, 2022
April 4, 2022

Amounts

$1,850,000
$12,000,000
$350,000
$500,000
$400,000
$1,000,000

Obligations

Definitions As used in this Side Letter, the following terms shall have the meanings ascribed to them below
Capitalized terms used but not otherwise defined in this Side Letter shall have the meanings set forth in the SAFEs
The Company shall deliver the Equity Financing Notice by the means set forth in Section 10 of this Side Letter
If the anticipated closing date of the Equity Financing is changed after the delivery of the Equity Financing Notice, the Company shall promptly notify each Major Purchaser of such change
The Exercise Notice shall specify the number of shares of Equity Financing Securities (and/or the dollar amount) that such Major Purchaser desires to purchase, which amount shall not exceed such Major Purchaser's Pro Rata Share as set forth in the Equity Financing Notice
A Major Purchaser may elect to purchase less than the full Pro Rata Share to which it is entitled; provided, that any portion of a Major Purchaser's Pro Rata Share that is not subscribed for in the Exercise Notice shall be deemed waived, and such Major Purchaser shall have no further right to purchase such unsubscribed portion