Open bwiles81 opened 10 years ago
Was this issue ever resolved?
Not to my knowledge, though I now make a clarifying edit in the form when I use it.
Thanks for your quick reply. What language do you use? (No need to re-invent the wheel).
Thanks,
Ulrik Binzer
Cell: +1 857-928-0955
On May 6, 2014, at 10:13 AM, bwiles81 notifications@github.com wrote:
Not to my knowledge, though I now make a clarifying edit in the form when I use it.
— Reply to this email directly or view it on GitHubhttps://github.com/seriesseed/equity/issues/19#issuecomment-42330957 .
The first sentence of Section 4.2 of the Investment Agreement provides that "If the Company issues securities in its next equity financing after the date hereof" - has anyone thought about whether a subsequent convertible note financing would trigger rights under this section? Would the issuance of securities upon the conversion of such notes trigger rights under this section? Is this section intended to include convertible note financings? As to that last question, I think not, and would propose clarification that future debt financings, whether or not convertible, would not trigger this section.