Most convertible note related news are at:
What is convertible equity (or a convertible security)? 31 Aug 2012 | 10:13 pm
Quick answer: convertible equity (or a convertible security) is convertible debt without the repayment feature at maturity or interest. Background Over the past few years, convertible debt has emerg...
Is crowdfunding legal? 26 May 2012 | 07:06 pm
Below is an article that I wrote for Business Law Today, a publication for the American Bar Association’s Business Law Section. Crowdfunding: Its Practical Effect May Be Unclear Until SEC Rulemaking ...
More convertible note related news:
Learning all about Convertible Note Seed Financing thestartupgarage.com 11 Apr 2012 | 04:52 am
Techcrunch just began a 3-Part series addressing convertible note seed financing that we feel our readers would be very interested in. But wait, what’s convertible note seed financing?? According to ...
KeyOn Announces Additional Investment from Largest Shareholder Dr. Patrick Soon-Shiong speednet.com 29 Jun 2011 | 01:00 am
California Equity, LLC, an entity controlled by Dr. Patrick Soon-Shiong, invests $2.6 million in a convertible note for KeyOn’s continued expansion through acquisitions and government stimulus LAS VE...
Sunrise Senior Living, Inc. Prices $75 Million of Its 5.00% Junior Subordinated Convertible Notes Due 2041 longtermcareinsure.com 17 Apr 2011 | 05:00 pm
[PR Newswire] – Sunrise Senior Living, Inc. announced today that it has priced $75 million principal amount of its 5.00% junior subordinated convertible notes due 2041. The notes will be sold to quali...
Convertible Note Interest thestartuplawyer.com 14 Feb 2012 | 06:55 pm
The principal invested via a convertible note should accrue interest, but the rate of interest should be lower than a typical non-convertible loan from an investor. The range I see is 5-8% for convert...
What is a convertible bridge note with a price cap? startupcompanylawyer.com 11 Jan 2010 | 09:11 pm
I seem to be doing a lot of pre-Series A convertible bridge note financings these days. As I have written previously, I think that convertible notes with even large conversion price discounts (e.g. 50...
Convertible Note Transaction Documents thestartuplawyer.com 17 Jul 2012 | 10:03 pm
It’s a common misconception that the ‘convertible note’ is the only legal document used in a convertible debt financing. I often receive emails from entrepreneurs asking for a ‘sample convertible note...
Price Cap Liquidation Preference Windfall Regulators thestartuplawyer.com 23 Jan 2013 | 10:16 am
Most convertible notes have a price cap as a feature term. Depending on the delta between the price cap and the pre-money valuation of the qualified equity financing, the convertible note investors co...
Avantair, Inc. Completes Round Of Senior Secured Convertible Note Financing avantair.com 3 Dec 2012 | 11:19 am
Restructures Aircraft Financing Arrangements CLEARWATER, Fla. – December 3, 2012 — Avantair, Inc. (OTCBB: AAIR), the industry leader of fractional aircraft ownership in the light jet cabin category an...
Investor Information Update – February 4, 2013 freezetag.com 5 Feb 2013 | 03:04 am
To Our Investors: Today (February 4, 2013) we filed a Form 8-K announcing two separate financing transactions and we wanted to provide you with a brief summary. First, one of our convertible note hold...
Discount or cap? A spreadsheet that shows what happens when a note converts. thestartup411.com 8 May 2013 | 12:32 am
Venture math can be tough. Terms like convertible note, discount and cap can complicate a seemingly easy process. A convertible note is a debt instrument typically used when a company first begins to ...
