Conversion may occur earlier if a certain event occurs. This event, as with a SAFE (simple agreement for future equity), is usually referred to as the equity financing round. In the venture world, ...

You finally have investor interest. A couple of angels like the idea, one says “We usually do SAFEs,” another asks if you’re open to a convertible note, and suddenly you’re deep in legal blog posts at ...

Astronics issued a press release on the 25 th of November about its intent to offer $150 million in convertible due March 2030. The notes are convertible into shares or to be redeemed in cash or a ...