Remove Distribution Remove Merger Remove Preferred Stock Remove Sales
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How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

To differentiate it from typical “Series A&# preferred stock, which comes with certain expectations with regard to rights. There is no real rule to what a particular series of preferred stock is called. Co-sale rights. Changes in preferred and merger/sale of assets only. Unaudited annual.

Finance 70
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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.

Finance 64
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What is Class F common stock?

Startup Company Lawyer

Super-voting common stock is sometimes seen in companies where founders or a family wish to maintain control of a company after obtaining outside investment. Holders of Class F common stock are allowed to elect one director. Protective provisions.