Capital Round: $1.0 Million
Royalty Cap: First $500K
Royalty: $2.0 for every EyeKon Annual Subscription sold
Cadence: Royalties paid every quarter (2nd Qtr onwards)
Duration: Until the investor principal is recouped
Investment: via SAFE note, 15% discount rate
Preferred investment size: $50K, Minimum: $25K