This document outlines the proposed terms for an investment in Levitection Ltd. by an entity controlled by Mr. Elrod Barak. The investment involves Series A Preferred Shares, with an initial investment of $1,000,000 and a deferred investment of $700,000. The document details the structure of the financing, conditions to closing, use of proceeds, liquidation preferences, conversion rights, anti-dilution provisions, protective provisions, voting rights, board composition, and other rights and obligations of the parties involved. It also includes provisions for exclusivity, confidentiality, and governing law.
documents/EFTA01124017.pdf
{}