Remove California Remove Conversion Remove Distribution Remove Preferred Stock
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Convertible Note Seed Financings: Founders Beware!

Scott Edward Walker

What Happens If a Startup is Acquired Prior to the Note’s Conversion to Shares of Preferred Stock? As discussed in part 1 , in the context of a seed financing, a convertible note is a loan that typically automatically converts into shares of preferred stock upon the closing of a Series A round of financing.

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Startup Resources

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