Convertible Note | Minimum $400 Investment

Note converts when the company raises $7M, including any previously raised convertible notes and debts.

Maturity Date: July 31, 2020

$10M valuation cap

5% yearly interest rate

20% Discount

What is a Convertible Note?

A convertible note offers you the right to receive shares in GeoOrbital. The number of shares you will receive in the future will be determined at the next equity round in which GeoOrbital raises at least $7M in equity financing, including the conversion of the outstanding convertible notes and any issued debt. The highest conversion price per share is set based on a $10M company valuation cap or if less then you will receive a 20% discount on the price the new investors are purchasing. You also receive a 5% interest per year added to your investment. When the maturity date is reached and the note has not converted then you are entitled to receive your investment and interest back from the company.

Perks

Perks are available through July 31, 2018. The discount applies to any purchases on geoo.com.

Invest $1,000 and receive $100 in additional notes and a 5% discount on purchases.

Invest $2,500 and receive $250 in additional notes and a 7% discount on purchases.

Invest $5,000 and receive $500 in additional notes and a 10% discount on purchases.

Invest $10,000 and receive $1,250 in additional notes and a 15% discount on purchases.

Invest $50,000 and receive $7,000 in additional notes and a 20% discount on purchases.

Maximum $1,070,000 of convertible promissory notes ($1,070,000)

Minimum $50,000 of convertible promissory notes ($50,000)

Company	GeoOrbital, Inc.

Corporate Address	1 Broadway, 14th Floor. Cambridge, MA 02142

Description of Business	The Company was formed to develop and sell an “all-in-one” electric bike wheel that can be attached to almost any bicycle to make it electric. The company also develops alternative electric vehicles based on its proprietary platform.

Type of Security Offered	Convertible Promissory Notes

Purchase Price of Security Offered	$1

Minimum Investment Amount (per investor)	$400

The GeoOrbital wheel replaces a standard bicycle front wheel to turn your bike into a powerful electric bike in under 60 seconds. Everything you need to go electric is in the wheel.