Economics
Illustrative Contingent Performance Schedule
The performance payment is calculated from Qualified Raise Proceeds actually received, cleared, verified, and attributed to the New York dinner campaign under the definitive documents.
Performance Schedule
How the contingent payment scales with Qualified Raise Proceeds
The schedule below is illustrative only. Actual performance payments depend on the amount of Qualified Raise Proceeds received, cleared, verified, and attributed to the campaign, as determined under the definitive documents.
| Qualified Raise Proceeds | Performance Percentage | Payment Per $5,000 Unit | Aggregate at $25,000 Campaign Capital | Aggregate at $50,000 Campaign Capital |
|---|---|---|---|---|
| Less than $500,000 | 0% | $0 | $0 | $0 |
| $500,000 | 50% | $2,500 | $12,500 | $25,000 |
| $750,000 | 62.5% | $3,125 | $15,625 | $31,250 |
| $1,000,000 | 75% | $3,750 | $18,750 | $37,500 |
| $1,500,000 | 100% | $5,000 | $25,000 | $50,000 |
| $2,500,000 | 128.57% | $6,429 | $32,143 | $64,286 |
| $3,500,000 | 157.14% | $7,857 | $39,286 | $78,571 |
| $4,500,000 | 185.71% | $9,286 | $46,429 | $92,857 |
| $5,000,000 or more | 200% maximum | $10,000 | $50,000 | $100,000 |
Qualified Raise Proceeds
Less than $500,000
- Performance %
- 0%
- Per $5,000 Unit
- $0
- Aggregate at $25K
- $0
- Aggregate at $50K
- $0
Qualified Raise Proceeds
$500,000
- Performance %
- 50%
- Per $5,000 Unit
- $2,500
- Aggregate at $25K
- $12,500
- Aggregate at $50K
- $25,000
Qualified Raise Proceeds
$750,000
- Performance %
- 62.5%
- Per $5,000 Unit
- $3,125
- Aggregate at $25K
- $15,625
- Aggregate at $50K
- $31,250
Qualified Raise Proceeds
$1,000,000
- Performance %
- 75%
- Per $5,000 Unit
- $3,750
- Aggregate at $25K
- $18,750
- Aggregate at $50K
- $37,500
Qualified Raise Proceeds
$1,500,000
- Performance %
- 100%
- Per $5,000 Unit
- $5,000
- Aggregate at $25K
- $25,000
- Aggregate at $50K
- $50,000
Qualified Raise Proceeds
$2,500,000
- Performance %
- 128.57%
- Per $5,000 Unit
- $6,429
- Aggregate at $25K
- $32,143
- Aggregate at $50K
- $64,286
Qualified Raise Proceeds
$3,500,000
- Performance %
- 157.14%
- Per $5,000 Unit
- $7,857
- Aggregate at $25K
- $39,286
- Aggregate at $50K
- $78,571
Qualified Raise Proceeds
$4,500,000
- Performance %
- 185.71%
- Per $5,000 Unit
- $9,286
- Aggregate at $25K
- $46,429
- Aggregate at $50K
- $92,857
Qualified Raise Proceeds
$5,000,000 or more
- Performance %
- 200% maximum
- Per $5,000 Unit
- $10,000
- Aggregate at $25K
- $50,000
- Aggregate at $50K
- $100,000
Performance payments are contingent, not guaranteed. No performance payment is earned if Qualified Raise Proceeds remain below $500,000. No result is guaranteed. The performance payment is not interest, a guaranteed return, a redemption obligation, or a fixed-income product.
Scenario Calculator
Campaign Scenario Calculator
Adjust the inputs below to see how units and Qualified Raise Proceeds scenarios affect the illustrative contingent performance payment. All figures are derived from the schedule above.
Select 1 to 10 units. Each unit is $5,000 and represents 1,000 shares.
Campaign contribution
$5,000
Proposed PathFree shares
1,000 shares
Applicable performance percentage
0%
Illustrative contingent performance payment
$0
Equity retained
Yes
Payment guaranteed
No
This calculator is illustrative only. It is not a prediction, promise, guarantee, subscription acceptance, or amendment to the definitive offering documents.
Key Milestones
Thresholds that shape the contingent right
These milestones are not guarantees. They describe the points at which the illustrative percentage changes under the contingent Campaign Performance Right.
$500K
50% contingent payment threshold
$1.5M
100% contingent payment threshold
$5M+
200% maximum contingent payment threshold
Series Multiplier
Why the Second Series Changes the Contingent-Payment Profile
The first three-evening series is designed to introduce PathFree to a targeted investor audience. If the full $50,000 campaign capital is raised, a second three-evening series would double the planned investor access runway—from three nights to six nights.
More qualified introductions
A second series means additional invited investor groups, management meetings, and diligence conversations. Each evening is an independent opportunity to meet investors who were not in the first room.
More time for decisions
Institutional and high-net-worth investment decisions rarely happen in a single evening. A second series extends the measurement window and gives prospective investors more time to review materials, conduct diligence, and discuss terms.
Higher milestone exposure
The Campaign Performance Right is driven by Qualified Raise Proceeds. Because the schedule scales from 0% below $500,000 up to 200% at $5 million or more, additional investor relationships increase the possibility of reaching the higher illustrative payment thresholds.
The second series is not a guarantee of higher proceeds or any payment. It is an expansion of opportunity: more nights, more relationships, and more chances for the campaign to reach the Qualified Raise Proceeds milestones that determine the contingent payment.
Timing
Campaign measurement and reconciliation
The campaign measurement period is intended to continue through the 75th day following the final qualifying dinner, with any final reconciliation intended by approximately the 90th day, subject to the definitive documents, verification, legally available funds, and applicable law.
are the basis for every figure on this page. The definitive documents contain the full definition, including attribution rules and exclusions, and control in all respects.
Campaign Measurement
How Campaign Progress Will Be Measured
Dinner success is not measured only by attendance. A room can be full and still produce nothing. Progress is measured by observable investor engagement after the evening ends — whether qualified participants request materials, take management meetings, enter the data room, conduct diligence, and ultimately discuss subscription.
Each stage below is tracked independently and reported as verified activity. No stage is assumed to convert to the next, and no conversion rate is projected.
- 01
Targeted Invitations
Invitations extended to investors identified as relevant to the offering profile.
- 02
Confirmed Participants
Invitees who confirm a seat for a specific evening.
- 03
Actual Attendance
Confirmed participants who attend in person on the night.
- 04
Requests for Materials
Attendees who submit an information request following the presentation.
- 05
Management Follow-Up Meetings
Scheduled sessions between an investor and PathFree management after the dinner.
- 06
Data-Room Engagement
Credentialed access to, and documented activity within, the confidential data room.
- 07
Active Diligence
Substantive review including technical, clinical, regulatory, or financial questions.
- 08
Subscription Discussions
Discussions regarding participation under the definitive offering documents.
- 09
Qualified Raise Proceeds
Proceeds actually received, cleared, verified, and attributed to the campaign under the definitive documents.
Next Step
Confidential materials are provided only after review.
Qualified prospective investors may request the PathFree Technologies information package and details of the New York investor presentation series.