Round type: Series C
Security Type: Preferred Equity
Share price: US $1.31927
Option pool: 15.0%
Liquidation preference: 1.0x
Closing conditions: While Private Health Management has set an overall target minimum of US $2,000,000 for the round, Private Health Management must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to Private Health Management's Form C.
Regulation CF cap: While Private Health Management is offering up to US $6,000,000 worth of securities in its Series C, only up to US $107,000 of that amount may be raised through Regulation CF.
Transfer restrictions: Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.