2023 Report on Angel Investing in Canada 121923W6

INVESTMENT ACTIVITY IN 2022 Deal Structures

118

Deal Structures FIGURE 13

Preferred Shares 47.9%

Convertible Debt 43.0%

SAFE Notes 5.8%

Common Shares 1.7%

Revenue Based Financing 0.8%

Debt 0.8%

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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