The following is an overview of how the convertible loan note investment works for those investing using cryptocurrency.

Cryptocurrency investors can join our convertible loan note round by swapping Solana for our ROARK token, this can be done through our purpose built swap platform her https://roark-swap.xyz

The platform automatically calculates the amount of $ROARK per Solana based on the current $SOL price and the underlying conversion metric (1.31).

Each $ROARK token therefore represents $1.31 of allocation in the CLN round.

Interest

Roark will pay 2.8% on the initial investment amount, this is a fixed amount and means the conversion rate to equity is $1.346 versus the entry price of $1.31.

Conversion

At the next liquidity event (Series A raise or business sale) the convertible loan note allocation will convert in to equity in the business.

To determine the likely equity you can use the following formula.

Parameters:

Valuation Cap (VC): $350,000,000

Valuation (V): $800,000,000 (this is the valuation we expect to achieve at Series A)

Share Conversion Price (SP): This is the conversion price per share

VC / V = SP

Investment Amount (I): The amount invested originally in $