termsheettables

.xlsx

School

University of Texas *

*We aren’t endorsed by this school

Course

387

Subject

Finance

Date

Apr 3, 2024

Type

xlsx

Pages

18

Uploaded by UltraFalconMaster1014

Report
EFC and Toxic Term Sheets Cap and Payout Tables Assumptions Series A Invesment $ 5,000,000 Table 1 Cap Table Pre-Investment Ownership Shareholder Shares Percentage Founder 800,000 80% Management 200,000 20% Total 1,000,000 100% Table 2 Cap Table Post-Common Investment Ownership Shareholder Shares Percentage VC1 333,333 25% Founder 800,000 60% Management 200,000 15% Total 1,333,333 100% Table 3 Payout Table - All Common Stock
$10 million acquisition proceeds Ownership Total Shareholder Shares Percentage Payout VC1 333,333 25% $ 2,500,000 Founder 800,000 60% $ 6,000,000 Management 200,000 15% $ 1,500,000 Total 1,333,333 100% $ 10,000,000 Table 4 Payout Table - Redeemable Preferred Stock $10 million acquisition proceeds Ownership Shareholder Security Shares Percentage VC1 Preferred 333,333 100% Total Preferreed Founder Common 800,000 60% Management Common 200,000 15% Total 1,333,333 75% Table 5 Payout Table - Convertible Preferred Stock $10 million and $40 million acquisition proceeds $10 million acquisition proceeds Ownership Shareholder Security Shares Percentage VC1 Preferred 333,333 25% Founder Common 800,000 60%
Management Common 200,000 15% Total 1,333,333 100% $40 million acquisition proceeds $ 40,000,000 Ownership Shareholder Security Shares Percentage VC1 Preferred 333,333 25% Founder Common 800,000 60% Management Common 200,000 15% Total 1,333,333 100% Table 6 Payout Table - Participating Convertible Preferred $10 million and $40 million acquisition proceeds $10 million acquistion proceeds $ 10,000,000 Ownership Shareholder Security Shares Percentage VC1 Preferred 333,333 25% Founder Common 800,000 60% Management Common 200,000 15% Total 1,333,333 100% $40 million acquisition proceeds $ 40,000,000 Ownership Shareholder Security Shares Percentage VC1 Preferred 333,333 25% Founder Common 800,000 60%
Management Common 200,000 15% Total 1,333,333 100%
Net Payout $ (2,500,000) $ 5,000,000 $ 1,500,000 $ 4,000,000 Total Net Payout Payout $ 5,000,000 $ - $ 5,000,000 $ - $ 4,000,000 $ 3,000,000 $ 1,000,000 $ 1,000,000 $ 10,000,000 $ 4,000,000 Total Net Payout Payout $ 5,000,000 $ - $ 4,000,000 $ 3,000,000
$ 1,000,000 $ 1,000,000 $ 10,000,000 $ 4,000,000 Total Net Payout Payout $ 10,000,000 $ 5,000,000 $ 24,000,000 $ 23,000,000 $ 6,000,000 $ 6,000,000 $ 10,000,000 $ 34,000,000 d Stock Total Net Payout Payout Investment $ 6,250,000 $ 1,250,000 $ 5,000,000 $ 3,000,000 $ 2,000,000 $ 750,000 $ 750,000 $ 10,000,000 $ 4,000,000 Total Net Payout Payout $ 13,750,000 $ 8,750,000 $ 5,000,000 $ 21,000,000 $ 20,000,000
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help