A convertible note purchase agreement isB an agreement between certain investors and a company that binds all the investors to the same terms and conditions for a particular round of convertible debt financing. Convertible debt is debt that can be converted into equity.
A Convertible Note is a loan instrument, but upon the occurrence of an "Equity Financing" - such as raising money from VCs - the note will convert into equity. This particular note contemplates a discount as a concession to note purchasers. Other concessions include a valuation cap and/or warrants, which this note does not consider. There are two pieces to this document: 1) the Note Purchase Agreement and 2) the Note. This is similar to a Stock Purchase Agreement and the underlying Stock Certificate, which symbolizes the actual stock held by the purchaser. The Note Purchase Agreement contains many of the key terms of the Note. This is especially helpful if you have multiple people purchasing Notes under the same agreement and you need to make an amendment - there is a governing umbrella agreement that can be amended vs. having to amend.
Wichita Kansas Convertible Note Purchase Agreement
State:
Multi-State
City:
Wichita
Control #:
US-ENTREP-00120-1
Format:
Word;
Rich Text
Instant download
Description
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Wichita first earned the title of Air Capital of the World in 1928, when the city's 16 aircraft manufacturers rolled out 120 airplanes off the production lines each week. At that time, one out of every four U.S.-built airplanes came from Wichita.
Wichita is known as the "Air Capital of the World." Wichita is the birthplace of Pizza Hut and White Castle fast-food chains. A.A. Hyde discovered Mentholatum in 1894 in the current The Spice Merchant & Company building.
Table Population Hispanic or Latino, percent(b) ?? 17.6% ?? 19.1% White alone, not Hispanic or Latino, percent ?? 61.6% ?? 58.9% Population Characteristics Veterans, 2018-2022 20,648 17,038,80757 more rows
With a crime rate of 44 per one thousand residents, Wichita has one of the highest crime rates in America compared to all communities of all sizes - from the smallest towns to the very largest cities. One's chance of becoming a victim of either violent or property crime here is one in 23.
Wichita growing, but not as fast as other major metros One reason for this is because Wichita is still recovering from the Great Recession and the exodus of working families that came with it, Hill said.
(9.97%) The 5 largest ethnic groups in Wichita, KS are White (Non-Hispanic) (61.9%), Black or African American (Non-Hispanic) (9.97%), White (Hispanic) (8.65%), Other (Hispanic) (4.84%), and Asian (Non-Hispanic) (4.76%). Wichita, KS - Data USA datausa.io ? profile ? geo ? wichita-ks datausa.io ? profile ? geo ? wichita-ks
The name Wichita comes from the Wichita Indians, who settled at various times in the vicinity, and means either "scattered lodges" or "painted faces," depending on which historian you ask. In 1868, a Wichita Town Company was organized with Mead and six others as original incorporators.
Wichita is a city in Kansas with a population of 395,951. Wichita is in Sedgwick County and is one of the best places to live in Kansas. Living in Wichita offers residents a dense suburban feel and most residents own their homes. In Wichita there are a lot of coffee shops and parks.
The 5 largest ethnic groups in Wichita, KS are White (Non-Hispanic) (61.9%), Black or African American (Non-Hispanic) (9.97%), White (Hispanic) (8.65%), Other (Hispanic) (4.84%), and Asian (Non-Hispanic) (4.76%).
The state of Kansas Wichita is the largest city in the state of Kansas and the 48th-largest city in the United States, with a population of more than 389,000. About Wichita | Learn About the Largest City in Kansas visitwichita.com ? about-wichita visitwichita.com ? about-wichita