Venture Deals 4e German Edition
Feld Thoughts
FEBRUARY 28, 2023
This third body is often referred to as an advisory board (Beirat), sometimes also as a supervisory board (Aufsichtsrat). Conversion right: In Germany, there is generally no conversion right entitling the holder of preferred shares to convert them into common shares at any time. Hence, the negation is exactly in reverse.
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