The conversion into equity is usually at a valuation that is consistent with the valuation agreed to with investors in an investment round that occ
A Convertible Promissory Note by Corporation -- One of Series of Notes Issued Pursuant to Convertible Note Purchase Agreement is a financial instrument used to raise capital for a company. It is a debt instrument that allows a company to borrow money from an investor and gives the investor the option to convert the loan into equity at a predetermined conversion price. The Convertible Promissory Note by Corporation -- One of Series of Notes Issued Pursuant to Convertible Note Purchase Agreement typically includes a maturity date, interest rate, and other terms such as conversion price and rights. It is issued in a series of notes, and the investor can choose to convert part or all of the loan into equity. The different types of Convertible Promissory Note by Corporation -- One of Series of Notes Issued Pursuant to Convertible Note Purchase Agreement include: Convertible Subordinated Notes, Convertible Senior Notes, Convertible Debentures, and Convertible Zero Coupon Notes.
