EFTA01053930.pdf
👁 1
💬 0
📄 Extracted Text (262 words)
From: Christian Umbach
To: [email protected]
Subject: Angel Round Participation API Integration Tool XapiX / Detailed follow Up from Monday's
conversation
Date: Sun, 19 Feb 2017 02:33:39 +0000
Attachments: XapiX_Intro_Investor_Deck_Feb17.pdf; 20170212_XapiX_Business_Plann shared.pdf;
20170217_XapiX_ConvNote.docx
Hi Jeffrey,
Was a pleasure meeting you earlier this week. We revised the convertible note financing terms with our advisers
over the week, hence the delayed, but more detailed follow up.
Key terms as per-attached convertible note financing terms are:
Interest: 5%
Maturity: 2yr
Pre-money valuation: $5M
Conversion Discount on equity round 20%
We are seeking to close our angel round with room for a ticket size of $150k from an individual investor and are
willing to extend the terms to other interested contacts from your network. This offer is valid for 40 days until
March 29, 2017.
Please find attached our investor deck and business plan - we can share further financial details if you want to
dive in deeper.
For next steps it would be great to get your feedback regarding three items:
I. Your interest in participating in the round
2. Your feedback on the business opportunity after all (how does this venture look from a pure investment
point of view
3. Potential other investors from your network that we should share this information with (our sector focus is
currently on travel and transport, but it is not limited to that)
Kindly treat this information confidential.
Thanks, Christian
Attached:
Convertible note financing terms
- Business Plan
Investor Deck
EFTA01053930
- 4-min Pitch via bit 1 /xa ixDD
Christian Limbach
CInc 2 Pe °dui. I 0:11, xanixio
EFTA01053931
ℹ️ Document Details
SHA-256
91974c90b4ea85e38497687373a6d383f0274ac970b92a6018698e0b6aa3f831
Bates Number
EFTA01053930
Dataset
DataSet-9
Type
document
Pages
2
💬 Comments 0