Dan DeWolf and Sam Effron spoke on a webinar hosted by BioLabs@NYULangone regarding financing strategies in the midst of a global pandemic.

Topics discussed:

· Developing business plans
· Financing instruments such as convertible notes and SAFEs
· Down-round financings
· Redemption of founding stockholders and the tax impact on Qualified Small Business Stock under Section 1202 of the Internal Revenue Code
· Issues relating to issuing equity in lieu of cash and the use of stock option plans