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409A valuations

409A – April 2019

OPM backsolve · Effective date Apr 30, 2019

Fair market value

$0.1300

Common FMV

Preferred price

$0.2500

Discount to preferred 48.0%

Equity value

$0.00

Enterprise value $0.00

Status

Final

Expiration date Aug 21, 2019

Details

Methodology
OPM backsolve
Provider
Carta Valuations
Analyst
Effective date
April 30, 2019
Report date
Expiration date
August 21, 2019
Board approval date
Audit ready
No
Safe harbor
Yes
Status
Final

Assumptions

Volatility
0.0%
Risk-free rate
0.00%
Time to liquidity (years)
0.0
DLOM
0.0%

Notes

Carta report #76359. Price and dates from Carta; the underlying assumptions are not exposed by the API.

Valuation checklist

0%

  • Company information gathered
  • Financial statements received
  • Cap table reviewed and reconciled
  • Management interview completed
  • Guideline public companies selected
  • Valuation analysis performed
  • Draft report issued
  • Board adopted the valuation

Options & RSUs

6
LabelStakeholder QuantityExercise price
ES-3 Cristina Q. 12,625 $0.1300
ES-4 Diogo T. 62,500 $0.1300
ES-5 Ricardo B. 6,256 $0.1300
ES-6 Jaime P. 6,256 $0.1300
ES-7 William M. 6,256 $0.1300
ES-8 Jorge G. 6,256 $0.1300