FR EA

Extract to table

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

Extract to table / closing-funds-flow-memo.xlsx
closing-funds-flow-memo.xlsx · 1042-00004

Parties

Brightfield Cloud Services Inc
Harkness LLP
Ashburn Park Capital LLC
Fitch LLP
Pryce LLP
Firth Corvinal CPAs LLP

Dates

July 22, 2023
January 22, 2025
July 18, 2023
July 22, 2025
July 22, 2024
June 1, 2023

Amounts

$22,000,000
$5,375,000
$75,000,000
$15,225,000
$28,400,000
$20,600,000
$1.65
$16,500,000
$4,620,000
$3,960,000

Obligations

| Draw on existing revolving credit facility ($75,000,000 committed revolver) | $15,225,000 | Post-closing drawn balance: $28,400,000 (includes this acquisition draw plus prior draws) TOTAL SOURCES | $20,600,000 | Must equal Total Uses [sheet: Uses of Funds] Line No
71% ≈ $848,430 max) Employment Condition | Each Founder Earnout Participant must remain full-time employee of BCS through applicable milestone measurement date; voluntary departure or termination for Cause forfeits unpaid share (redistributed pro rata to remaining participants) Good-Faith Operation Covenant | BCS covenants to operate Codelaunch product line in good faith and ordinary course; retains reasonable business discretion Dispute Resolution | Any earnout milestone dispute subject to determination by independent accounting firm (Firth Corvinal CPAs LLP) whose determination shall be final and binding; costs split equally between parties [sheet: Wire Instructions] Line Ref