Fast Ion Battery.docx - 1 Using the data in Exhibits 1 2 4 and 5 please build out a revised Capitalization Table for Fast Ion Battery by including a 5

Fast Ion Battery.docx - 1 Using the data in Exhibits 1 2 4...

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1. Using the data in Exhibits 1, 2, 4 and 5, please build out a revised Capitalization Table for Fast Ion Battery by including a 5 million bridge round at $1.50/share. Calculate both the IRR and cash-on-cash multiples for each investor, assuming that Fast Ion gets funded and is able to exit in December 2016 at a $350 million valuation, and that WSC and Franconia Ventures split the investments Bluelock would have made. How does implementing "pay-to-play" impact returns? Bridge Round (Dec 2011): Capitalization Table: Total investment made & Exit value per investor at $350m valuation: IRR & Cash-on-cash multiples per investor: Exit at December 2016 (Year 7) at: 350,000,000 $ Exit value per investor Ware Street Capital 13,750,000 $ 24% 85,060,160 $ Franconia Ventures 13,750,000 $ 24% 85,060,160 $ Bluelock Ventures 7,500,000 $ 5% 15,842,241 $ Series B Investor 20,000,000 $ 18% 62,566,848 $ Series C Investor 20,000,000 $ 9% 31,283,424 $ Ownership Investors Total investment made Investors Amount of Shares Stock Price Ownership Value Ware Street Capital 6,059,524 8.97 $ 24% 54,380,340 $ Franconia Ventures 6,059,524 8.97 $ 24% 54,380,340 $ Bluelock Ventures 1,128,571 8.97 $ 5% 10,128,201 $ Series B Investor 4,457,143 8.97 $ 18% 40,000,000 $ Series C Investor 2,228,571

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