Seeking a loan in the amount of $500,000 using 173,369 of Preferred Shares

Daniel Corrao

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#1
Seeking a loan in the amount of $500,000 using 173,369 of Preferred Shares as collateral, also open to selling stock as an alternative to a loan. The current stock price is $5.97/Share and is projected to increase 5X to 10X when the liquidity event happens, with either an IPO or Merger Acquisition resulting in $30 to $60 per share price. In the First Quarter of 2019, NLT has successfully completed a Series E financing round, raising $20 Million from both new and existing investors, bringing the total capital raise to date at $83.5 million. The stock sold to the Series E investors was priced at $5.97/share for this latest round. The current valuation for NLTt is $600 million and the Company currently has $29.6 million cash on hand.