Professional Documents
Culture Documents
8% 8%
$600,000 $600,000
79,893 79,893
$1,281,722.22 $543,417.37
th it? Calculations
aises money right away
$100,000,000
$25,000,000
𝑆ℎ𝑎𝑟𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑐𝑜𝑚𝑝𝑎𝑛�=(𝐴𝑚𝑜𝑢𝑛𝑡 𝑟𝑎𝑖𝑠𝑒𝑑)/(𝑉𝑎𝑙𝑢𝑎𝑡𝑖𝑜𝑛 𝑡𝑜𝑑𝑎�+𝑎𝑚𝑜𝑢𝑛𝑡 𝑟𝑎𝑖𝑠𝑒𝑑)
20.00%
st of Venture debt (High warrants) $2,866,366.97 𝑇𝑜𝑡𝑎𝑙 𝑐𝑜𝑠𝑡 𝑜𝑓 𝑣𝑒𝑛𝑡𝑢𝑟𝑒 𝑑𝑒𝑏𝑡=𝑉𝑎𝑙𝑢𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑤𝑎𝑟𝑟𝑎𝑛𝑡𝑠+∑▒ 〖�𝑒𝑡 �𝑛𝑡𝑒𝑟𝑒𝑠𝑡〗
√𝑇
−𝐾𝑒^(−𝑟𝑇) �(𝑑_2 )
Amount of debt $4,000,000
Interest rate APR 9.55% Amortization Schedule
Term (months) 36
Interest only months 4 Interest Principal
Deposit rate 3% Dec-08 0
Jan-09 1 $31,833.33 0
Feb-09 2 $31,833.33 0
Mar-09 3 $31,833.33 0
Apr-09 4 $31,833.33 0
May-09 5 $31,833.33 $110,252.25
Jun-09 6 $30,955.91 $111,129.68
Jul-09 7 $30,071.50 $112,014.08
Aug-09 8 $29,180.06 $112,905.53
Sep-09 9 $28,281.52 $113,804.07
Oct-09 10 $27,375.83 $114,709.76
Nov-09 11 $26,462.93 $115,622.66
Dec-09 12 $25,542.76 $116,542.82
Jan-10 13 $24,615.28 $117,470.31
Feb-10 14 $23,680.41 $118,405.18
Mar-10 15 $22,738.10 $119,347.48
Apr-10 16 $21,788.29 $120,297.29
May-10 17 $20,830.93 $121,254.66
Jun-10 18 $19,865.94 $122,219.64
Jul-10 19 $18,893.28 $123,192.31
Aug-10 20 $17,912.87 $124,172.71
Sep-10 21 $16,924.67 $125,160.92
Oct-10 22 $15,928.59 $126,156.99
Nov-10 23 $14,924.59 $127,160.99
Dec-10 24 $13,912.60 $128,172.98
Jan-11 25 $12,892.56 $129,193.02
Feb-11 26 $11,864.40 $130,221.18
Mar-11 27 $10,828.06 $131,257.53
Apr-11 28 $9,783.47 $132,302.12
May-11 29 $8,730.56 $133,355.02
Jun-11 30 $7,669.28 $134,416.31
Jul-11 31 $6,599.55 $135,486.04
Aug-11 32 $5,521.30 $136,564.28
Sep-11 33 $4,434.48 $137,651.10
Oct-11 34 $3,339.01 $138,746.58
Nov-11 35 $2,234.82 $139,850.77
Dec-11 36 $1,121.84 $140,963.75
tion Schedule
12% 12%
$480,000 $480,000
80,000 80,000
$642,989.69 $489,960.06
th it? Calculations
aises money right away
$75,000,000
$6,000,000
𝑆ℎ𝑎𝑟𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑐𝑜𝑚𝑝𝑎𝑛�=(𝐴𝑚𝑜𝑢𝑛𝑡 𝑟𝑎𝑖𝑠𝑒𝑑)/(𝑉𝑎𝑙𝑢𝑎𝑡𝑖𝑜𝑛 𝑡𝑜𝑑𝑎�+𝑎𝑚𝑜𝑢𝑛𝑡 𝑟𝑎𝑖𝑠𝑒𝑑)
7.41%
st of Venture debt (High warrants) $1,132,637.41 𝑇𝑜𝑡𝑎𝑙 𝑐𝑜𝑠𝑡 𝑜𝑓 𝑣𝑒𝑛𝑡𝑢𝑟𝑒 𝑑𝑒𝑏𝑡=𝑉𝑎𝑙𝑢𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑤𝑎𝑟𝑟𝑎𝑛𝑡𝑠+∑▒ 〖�𝑒𝑡 �𝑛𝑡𝑒𝑟𝑒𝑠𝑡〗
√𝑇
−𝐾𝑒^(−𝑟𝑇) �(𝑑_2 )