Editor’s note: Jim Verdonik and Benji Jones are the cofounders of Innovate Capital Law www.InnovateCapitalLaw.com and are regular contributors to WRAL Techwire RALEIGH – Over the past two years, about ...
When negotiating convertible notes, parties typically focus on the terms of conversion upon an equity financing, most notably the discount and valuation cap. This is understandable inasmuch as the not ...