What's my dilution if I raise 500k on a convertible with a 20% discount and 2m cap?

The convertible’s term sheet: "Upon closing of an Equity Financing [before an Event of Default, a Liquidity Event or the Maturity Date], the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the quotient obtained by dividing the

What's my dilution if I raise 500k on a convertible with a 20% discount and 2m cap?

The convertible's term sheet: "In the event that no [Event of Default, Equity Financing or Liquidity Event] has occurred prior to the Maturity Date, the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the result obtained

What's my dilution if I raise 500k on a convertible with a 20% discount?

The convertible’s term sheet: "Upon closing of an Equity Financing [before an Event of Default, a Liquidity Event or the Maturity Date], the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the quotient obtained by dividing the

What's my dilution if I raise 500k on a convertible with a 20% discount?

The convertible's term sheet: "In the event that no [Event of Default, Equity Financing or Liquidity Event] has occurred prior to the Maturity Date, the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the result obtained

What's my dilution if I raise 500k on a convertible with a 2m cap?

The convertible’s term sheet: "Upon closing of an Equity Financing [before an Event of Default, a Liquidity Event or the Maturity Date], the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the quotient obtained by dividing the

What's my dilution if I raise 500k on a convertible with a 2m cap?

The convertible's term sheet: "In the event that no [Event of Default, Equity Financing or Liquidity Event] has occurred prior to the Maturity Date, the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the result obtained

How much do I dilute if I raise 500k on a convertible with a 20% discount and 2m cap?

The convertible's term sheet: "In the event that no [Event of Default, Equity Financing or Liquidity Event] has occurred prior to the Maturity Date, the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the result obtained

How much do I dilute if I raise 500k on a convertible with a 2m cap?

The convertible’s term sheet: "Upon closing of an Equity Financing [before an Event of Default, a Liquidity Event or the Maturity Date], the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the quotient obtained by dividing the

How much do I dilute if I raise 500k on a convertible with a 20% discount and 2m cap?

The convertible’s term sheet: "Upon closing of an Equity Financing [before an Event of Default, a Liquidity Event or the Maturity Date], the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the quotient obtained by dividing the

How much do I dilute if I raise 500k on a convertible with a 2m cap?

The convertible's term sheet: "In the event that no [Event of Default, Equity Financing or Liquidity Event] has occurred prior to the Maturity Date, the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the result obtained

How much do I dilute if I raise 500k on a convertible with a 20% discount?

The convertible’s term sheet: "Upon closing of an Equity Financing [before an Event of Default, a Liquidity Event or the Maturity Date], the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the quotient obtained by dividing the

How much do I dilute if I raise 500k on a convertible with a 20% discount?

The convertible's term sheet: "In the event that no [Event of Default, Equity Financing or Liquidity Event] has occurred prior to the Maturity Date, the Loan plus accrued interest ("Conversion Amount") will be converted into that number of Conversion Shares equal to the result obtained