Conversion price is based on the pre-money valuation. Here…
Conversion price is based on the pre-money valuation. Here are the assumptions: Pre-Money Valuation: $12M Shares outstanding pre-investment: 2M Post-Money Valuation: $15M Series A Investment: $3M Discount Rate: 20% Convertible Notes: $500,000 Based on the information above, the number of shares the noteholders will receive after conversion is And the percentage ownership of the company the noteholders will have after the investment is Do not include commas or dollar signs.