MassVentures
Minutes
Expedited Investment Committee Meeting
Date and Time
Monday March 6, 2023 at 8:30 AM
Location
Join Zoom Meeting
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Meeting ID: 840 3353 9861
Passcode: 369996
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Directors Present
H. Fruscio Altsman (remote), J. Griffin (remote), O. Hazoury (remote), R. Jarquin (remote), W. Asher (remote)
Directors Absent
None
Guests Present
C. Hipwood (remote), J. Madison (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
H. Fruscio Altsman called a meeting of the board of directors of MassVentures to order on Monday Mar 6, 2023 at 8:30 AM.
C.
Public Comments
II. Executive Session
A.
Vote to Enter Executive Session
W. Asher made a motion to Enter into executive session to discuss confidential financial information related to applicants for MassVentures' funds.
R. Jarquin seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| O. Hazoury |
Aye
|
| H. Fruscio Altsman |
Aye
|
| J. Griffin |
Aye
|
| W. Asher |
Aye
|
| R. Jarquin |
Aye
|
III. Expedited Investment - Lambent Spaces
A.
Discuss potential change to previously approved investment in Lambent Spaces
Mr. Hipwood presented the rational for amending the previously approved investment in Lambent Spaces. Discussion ensued.
B.
Vote on updated investment approval for Lambent Spaces
J. Griffin made a motion to Approve the investment in Lambent Spaces as presented.
W. Asher seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| R. Jarquin |
Aye
|
| J. Griffin |
Aye
|
| W. Asher |
Aye
|
| H. Fruscio Altsman |
Aye
|
| O. Hazoury |
Aye
|
IV. Return to Open Session
A.
Vote to Return to Open Session
W. Asher made a motion to Return to open session.
R. Jarquin seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| O. Hazoury |
Aye
|
| W. Asher |
Aye
|
| H. Fruscio Altsman |
Aye
|
| R. Jarquin |
Aye
|
| J. Griffin |
Aye
|
Mr Hipwood announced that a vote took place in executive session to approve an investment in Lambent Spaces.
V. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:43 AM.
Respectfully Submitted,
W. Asher
No members of public present.