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The loan (often called a convertible note) will convert into equity at the startup's next funding round on the same terms as the new investor (i.e. no discount) and will not be interest bearing.
These will convert into Glencore shares.
Under the deal, each HLTH share will convert into 0.4444 shares of WebMD Class A stock.
Facebook's organizing documents dictate that when Class B shares are transferred, they typically will convert into the low-vote Class A shares.
Qatar's royal family already owns 4 percent of Alpha, and will now buy 500 million euros of debt that will convert into equity in three years.
If Playtex does not offer to buy back the Class B shares next year, the shares will convert into common stock.
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There is evidence to show that montmorillonite will converted into illite under a dry combustion condition 35 °C).
Get them into a pub and hopefully we will convert them into proper ale drinkers.
The bimaterial element with maximum difference in thermal expansion coefficients will convert heat into mechanical movement.
Fidelity will convert $100,000 into Australian money for a fee of $750.
The myth is that overpowering a woman will convert her into a passionate sex partner.
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