Two years ago, you invested $1,000,000 into a company that h…
Two years ago, you invested $1,000,000 into a company that had a post-money valuation of $4,000,000 at the time of your investment, and received 200,000 convertible preferred shares at the time. The company has since struggled, and you have found an investor willing to give you $800,000 in new capital in exchange for 200,000 shares as part of a down round of financing. Based on this down round, what will be the new conversion price on your shares if you have a weighted average anti-dilution provision?