Interest Rate: Per the Financing Agreement, investors ─ Financiers ─ (along with any others who purchase revenue participation rights in this offering, future offerings, or previous offerings ─ collectively, Additional Equity Financiers), will receive 100% of the Company’s adjusted gross proceeds up to the repayment amount of 115% of their investment, and 50% of any remaining adjusted gross proceeds thereafter, up to a 150% maximum repayment on their investment.
Investors who contribute $3,000 or more in aggregate to either or both offerings conducted for Flower Street Docs on the MicroVentures platform (Large Financiers) will receive 100% of the Company’s adjusted gross proceeds up to the repayment amount of either 115% of their investment. Thereafter, they will receive 50% of any remaining adjusted gross proceeds with no maximum repayment amount on their investment, meaning they will participate in perpetuity.