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Open-Cap-Table-Coalition / Open-Cap-Format-OCF

Open Cap Format (OCF) - The Open Source Company Capitalization Data Standard. OCF can be used to structure and track the complex data structures necessary to build and maintain accurate capitalization (cap) tables.
https://opencaptablecoalition.com
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[Enhancement]: Field on ConvertibleIssuance to denote presence of applicable side letter(s) #529

Open jacobyavis opened 2 months ago

jacobyavis commented 2 months ago

Description of Enhancement :

To provide a way for OCX to specify that a side letter exists and should be considered for a given convertible

Why is this Needed?

While we now have the Documents schema and can include the side letter there, it may still be worthwhile to have a boolean field on the Convertible Issuance to serve as a reminder that applicable side letter(s) exist for this security.

Anything else we need to know?

Created while working through the comments sheet attached to issue #507

jacobyavis commented 2 months ago

TWG Notes - Sep 12 This should definitely be implemented with a YES / NO / UNKNOWN implementation instead of a straight boolean However that could be annoying to have to put UNKNOWN on all other types of convertibles (besides SAFE). Just make it nullable instead and assume that if it's omitted, then it's unknown.