From: Vincenzo Iozzo <
To: "Jeffrey E." <jeevacation®gmail.com>
Subject: Re: Radius Deal Docs
Date: Thu, 16 Aug 2018 21:46:33 +0000
Ok :)
Sent from my Iphone
On Aug 16, 2018, at 22:36, jeffrey E. <jeevacation@gmail.com> wrote:
Always send snd listen
On Thu, Aug 16, 2018 at 4:14 PM Vincenzo Iozzo < > wrote:
Btw do you want me to stop sending you deals or is it ok? And what would you like me to filter?
Sent from my Iphone
On Aug 16, 2018, at 21:37, jeffrey E. <jeevacation®gmail.com> wrote:
On Thu, Aug 16, 2018 at 3:35 PM Vincenzo Iozzo > wrote:
Ok, out of curiosity what's wrong/missing?
Sent from my Iphone
On Aug 16, 2018, at 21:32, jeffrey E. <jeevacation@gtn> wrote:
not good sorry pass
On Thu, Aug 16, 2018 at 1:07 PM, Vincenzo Iozzo > wrote:
This is everything on the "spv", I asked them for all the radius does as well.
The terms of the spy can be negotiated
Sent from my Iphone
Begin forwarded message:
From: Ben Forman
Date: August 16, 2018 at 18:58:43 GMT+2
To: Vincenzo lozzo
EFTA01008272
Subject: Radius Deal Does
Vincenzo,
A few bullets below on the transaction:
- Radius is raising $10mm of Series I -A Preferred Equity at a $10mm pre-money valuation.
Following the round, there will be a rights offering for an incremental $2mm Series 1-A Preferred
offered to existing common equity holders. On a fully diluted basis, the Series 1-A owns —54% of
the common.
- The Series 1-A will be at the top of the capital structure with a lx liquidation preference. Junior to
the Series 1-A is the Series 1 Preferred tranche which is -$20mm. This was invested at $170mm
pre-money and will not convert at valuations below that level. This tranche also has a lx liquidation
preference and converts to common with the vote of 75%+ of the Series I -A Preferred.
- Board is authorizing —30% common equity for management pool. The Series I -A will own 54%
of the fully diluted common equity pro forma for this dilution.
Best,
Ben
Benjamin Forman
Managing Partner
EFTA01008273
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please note
The information contained in this communication is
confidential, may be attorney-client privileged, may
constitute inside information, and is intended only for
the use of the addressee. It is the property of
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Unauthorized use, disclosure or copying of this
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