Partnering Angel Investor With Little Money In Pima

• Category: Small Business - Investment or Funding
• State: Multi-State
• County: Pima
• Control #: US-00016DR
• Format: Word; Rich Text

Description

The Angel Investment Term Sheet outlines key terms for the issuance of Series A Preferred Stock to potential investors in Pima. It details the minimum offering amount, purchase price, and the company's capitalization, ensuring clarity on how ownership is structured. Key features include rights to dividends, liquidation preferences, and conversion options between Preferred and Common Stock, which are crucial for investors assessing potential returns. The document also provides protective provisions that require investor consent for significant company decisions, thereby safeguarding their interests. For attorneys, partners, and owners, this form serves as a foundational agreement to facilitate investments, and it includes instructions for filling in company-specific details. Paralegals and legal assistants can utilize the term sheet for drafting negotiations, ensuring compliance with legal standards. The form is ideal for legal professionals assisting startups and angel investors with limited funds who require structured documentation to navigate the complexities of investment relationships.