Sentence examples for note financing from inspiring English sources
Straight-forward equity financing is different to convertible note financing, which is faster but converts to equity at a later stage.
Indeed, this is a particular problem, and could result in a substantial windfall to investors, in a large convertible note financing with a low conversion price.
The accelerator invests $50,000 into each startup admitted to its program via convertible note financing, taking approximately a 5percentt stake under a $1 million cap.
However, to say that using these forms makes a preferred stock financing as fast and cheap as a convertible note financing is a bit misleading because we are talking about non-negotiable, fill-in-the-blank forms.
Total cash, cash equivalents and marketable securities finished the quarter at $1.9 billion, an increase of approximately $918 million from the year prior including approximately $500 million in net proceeds from the company's convertible senior note financing in January 2010.
For example, in a $2 million convertible note financing with a 50% discount (or a 50% conversion cap ratio), the noteholders would receive $4 million worth of shares of Series A Preferred Stock upon conversion (not including accrued interest), which would include whatever liquidation preference is attached to the shares (typically 1x).
While the Taliban could persuade no one to print much money for their government, the Northern Alliance printed trillions of notes, financing their war against the Taliban and rendering the currency virtually worthless.
The top prize is $250,000 of convertible-note financing.
One expert notes: "Financing does impact policy prioritization... in order to be most efficient and effective [funding] must come through a defined platform" [ 56].
Jolla says it has been able to continue development after receiving its Series C funding in December, but it also notes finances remain tight at this point.
Target said Tuesday that its wholly-owned credit card subsidiary, Target Receivables Corporation, has commenced a tender offer to buy back $900 million in notes, financed by cash on hand.
