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Transaction

Capture6 - convertible note (Jan 2023)

Terms

Announced
27 Jan 2023
Instrument
Equity
Amount
US$1.10mReported as 110만 달러 (US$1.1 million, about KRW 1.35 billion)

Parties

Project developer
Capture6
Recipient type
Technology company
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Bridge InvestmentInvestorUS$1.10mSole provider: the whole transaction

Carbon

Pathway
DAC

Structure and cover

Structure flag
Convertible note

What happened

Bridge Investment invested US$1.1 million in Capture6 through an open-type convertible note, having completed payment of the investment. The note converts at the valuation of a later round. Recorded as a convertible note in Debt.

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