Sentences with phrase «of convertible notes for»

Basil Peters has a series of posts up on Angel blog that talks about the problems of Convertible Notes for Angel Investing, suggests Exchangeable Shares for Angel Investors, and even provides a One Page Term Sheet for Angel Investors.

Not exact matches

Angel investors normally provide capital for start - ups or businesses in the early stage of growth in exchange for equity, or in some cases, convertible notes, that converts into shares or cash value at a point later on.

Equity you can expect to give up: Usually less than 20 percent (convertible debt notes are often employed for this type of funding).

A July 2015 Kickstarter campaign raised roughly $ 1.6 million in funding for the case, augmented by a seed round of $ 2.3 million and a convertible note of $ 1.5 million.

We also adjust net income for interest expense representing amortization of the debt discount related to our convertible notes issued in Q4 2013 and Q1 2014.

Adjusted net income is also adjusted for a loss from the repurchase of $ 8.0 million in principal of our 1.125 % convertible senior notes due 2018 for approximately $ 7.7 million that we recorded in Q1 2017.

Note that for the sake of conservatism, you should probably always prefer the diluted earnings per share when calculating the P / E ratio so you account for the potential or expected dilution that can or will occur due to things like stock options or convertible preferred stock.

The form of investment is dependent on the company's relative maturity with seed stage investments typically structured as convertible notes while early stage companies issue preferred equity in exchange for investor funds.

Companies selected for Illumina's seed investment program, receive backing fro accredited investor through a convertible note and dollar - for - dollar matching funding through the company's $ 40 million Illumina Accelerator Boost Capital, (if they raise between $ 1 million and $ 5 million of qualifying capital).

Both SAFE and convertible notes allow for a conversion into equity, but while a convertible note can allow for the conversion into the current round of stock, or a future financing event, a SAFE only allows for a conversion into the next round of financing.

To compensate convertible note holders for the additional risk assumed with investing at an early stage, most convertible notes feature a conversion price below that of the subsequent financing round through the use of a valuation cap or a discount on the purchase price.

But despite more than $ 900 million in recorded venture funding in 2017, and more than $ 375 million in known venture funding for the first two months of 2018 so far, traditional VC rounds — convertible notes seed, angel, Series A, Series B, etc. — now pale in comparison to ICOs in terms of dollar volume.

When the Company seeks cash investments from outside investors, like you, the new investors typically pay a much larger sum for their shares than the founders or earlier investors, which means that the cash value of your stake is immediately diluted because each share of the same type is worth the same amount, and you paid more for your shares (or the notes convertible into shares) than earlier investors did for theirs.

In order to calculate the valuation cap adjusted price per share for convertible note holders, the valuation cap on the note should be divided by the pre-money valuation of the subsequent round and apply that to the Series A price per share.

Applying the 20 % discount to that price per share would yield a discounted price per share for the convertible note holder of $ 8.

Among our most recent solutions is a proprietary form of convertible note specifically designed for companies leveraging Title III (Reg CF) offerings, which enables startups to reap the benefits of the crowd, maintain a clean cap table, and continue to raise capital from institutional investors.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The pro forma stockholders» equity presents our stockholders» equity as though all of the convertible preferred stock outstanding automatically converted into shares of common stock on a 1 for 1 basis, except for the Series C convertible preferred stock which is convertible on a 1 for 1.05 basis (see Note 6), upon completion of a qualifying initial public offering.

Interest expense for both periods was related to our convertible notes which converted into shares of our Series E convertible preferred stock in May 2009.

Since the Convertible Notes are a promise to issue stock, you'll want to ask the company to include some estimate for conversion of Convertible Notes in the Fully Diluted Capital to help you more accurately estimate your Percentage Ownership.

For example, convertible note w / cap of $ 4m, but in case of acquisition the note converts at $ 6m valuation.

Equity Commitment Note - an equity commitment note is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not befNote - an equity commitment note is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not befnote is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not before.

The model «Convertible Security» Yokum has published also incorporates that clever feature of more sophisticated note templates, whereby the holder of the convertible instrument gets no more preferred equity for her investment than does the new money in the Qualified Financing, and takes her discount in the form of comConvertible Security» Yokum has published also incorporates that clever feature of more sophisticated note templates, whereby the holder of the convertible instrument gets no more preferred equity for her investment than does the new money in the Qualified Financing, and takes her discount in the form of comconvertible instrument gets no more preferred equity for her investment than does the new money in the Qualified Financing, and takes her discount in the form of common shares.

It can be difficult for new investors to establish whether the terms of a particular note offering are fair, driving some away from deals financed with convertible notes.

Impossible Foods announced the successful closing of about $ 114 million in convertible note financing.The food technology startup has raised approximately $ 214 million in the past 18 months for a total venture funding of about $ 396 million since the company's founding, according to documents filed with the US Securities and Exchange Commission.

Buyers of one of just 75 units slated for sale in the U.S. will note differences from the regular S550 convertible including a restyled front bumper and chrome accents.

Then there is the over - $ 100,000 as - tested price of this particular F - Type V8 S. That's a lot of coin, but if you want a high - styled convertible with a hammer for an engine and an exhaust note that can wake the dead and make you giggle like a school girl, then this Jaguar might be your car.

The two - door GranTurismo line continues with several variants of coupes and convertibles that combine elegance and comfort for four adults, with a six speed automatic transmission to keep the legendary Maserati performance and exhaust note close at hand.

The two - door GranTurismo line continues with several variants of coupes and convertibles that combine elegance and comfort for four adults, with a 6 speed automatic transmission to keep the legendary Maserati performance and exhaust note close at hand.

VEHICLE REVIEWS «The 2016 Audi S5 hits all the right notes for a luxury sport coupe and convertible with its engaging performance Great Gas Mileage: 28 MPG Hwy.BUY WITH CONFIDENCECARFAX 1 - OwnerMORE ABOUT USNorth Park Volkswagen of Dominion is located at 21315 West Interstate 10, just east of Friedrich Park.

MG TF 1.6 Cool Blue Sports 2dr Convertible, Screen Price Includes Parts & Labour Warranty, FINANCE AVAILABLE FROM 9.9 % Apr, LIFETIME WARRANTYS AVAILABLE FROM # 199 ** THIS CAR QUALIFIES FOR OUR TOTAL CARE PACK ** All Our Vehicles Are HPI Checked ** SPECIAL OFFER ** WILLIAMS Synthetic Paint Protection Only # 100 When Purchased With a 12 Month Warranty ** As We Are Part Of AA Cars This Vehicle Comes With a Full AA History Check & 12 Months AA Breakdown Cover.PLEASE NOTE: Please Call Before Travelling As The Vehicle You Are Looking At May Be At Our Other SiteHaving trouble Getting To Us?

Hey, maybe it's time for the financing of last resort: Ambac could issue a convertible surplus note.

I'm still hoping that the reason for the delay in liquidating the company is to avoid the convertible note dilution; management first pays off the convertible note in June before announcing a sale of the remaining assets.

Net Cash and Marketable Securities As of September 31, 2012 the company had $ 280 million in current assets (mostly cash and marketable securities) offset by $ 124 million in current liabilities (primarily 4 % convertible notes due 6/1/13) for a net position of $ 156 million.

The purchase of the Dresden Mill and the Landqart Mill in the Fall of 2006 was made for an aggregate of $ 15 million, $ 7.5 million in face value of preferred shares plus a convertible note for $ 7.5 million.

On March 30, 2011, the Company issued 412,286 shares of its common stock in exchange for convertible notes payable with a balance of $ 711,500 and accrued interest of $ 19,588.

Contact the following government agencies for unclaimed money such as dividends, salaries and wages, rent and rental bonds, cheques, trust money, over-payments, principal and interest, expenses, refunds, deposits, premiums, royalties, commissions, creditors, debentures, bonds, convertible notes and proceeds of sale.

The major change to the balance sheet since we opened the position was CRGN's February repurchase of $ 4.8 M of its 4 % convertible subordinated debentures due February 2011, for an aggregate purchase price of $ 3.8 M, which reflected an aggregate discount from the face value of such 2011 notes of approximately 21 %.

The Company also recently completed a privately negotiated transaction with a holder of the Company's 4 % Convertible Subordinated Notes due February 2011 (the «2011 Notes») in which the Company retired a total of $ 4.8 million of the 2011 Notes for an aggregate purchase price of $ 3.8 million or a 21 % discount off of face value.

In order to calculate net income per diluted share for management reporting purposes, the Company uses its fully diluted share count of 119.5 million and adds back to net income the interest expense, net of tax, on its convertible notes of $ 0.01 million.

The interest expense, net of tax, on the convertible notes, which is added back to net income to calculate diluted net income per share for management reporting purposes is $ 0.1 million.

For the twelve months ended March 31, 2011, Non-GAAP diluted EPS has been calculated using the «if - converted» method as a result of the 4.375 % Convertible Senior Notes issued in June 2009 («4.375 % Convertible Notes»), for which diluted net income has been adjusted by $ 6,686 related to interest and debt issuance costs, net of tFor the twelve months ended March 31, 2011, Non-GAAP diluted EPS has been calculated using the «if - converted» method as a result of the 4.375 % Convertible Senior Notes issued in June 2009 («4.375 % Convertible Notes»), for which diluted net income has been adjusted by $ 6,686 related to interest and debt issuance costs, net of tfor which diluted net income has been adjusted by $ 6,686 related to interest and debt issuance costs, net of tax.

For the fiscal first quarter ending June 30, 2018, the Company's diluted share count used for management reporting purposes is expected to be 116.3 million, which includes 112.8 million basic shares and 3.5 million shares representing the potential dilution from unvested employee stock grants, because using the «if converted» method and the Company's fully - diluted share count of 116.7 million, which includes 0.4 million shares representing the potential dilution from convertible notes, would be anti-dilutiFor the fiscal first quarter ending June 30, 2018, the Company's diluted share count used for management reporting purposes is expected to be 116.3 million, which includes 112.8 million basic shares and 3.5 million shares representing the potential dilution from unvested employee stock grants, because using the «if converted» method and the Company's fully - diluted share count of 116.7 million, which includes 0.4 million shares representing the potential dilution from convertible notes, would be anti-dilutifor management reporting purposes is expected to be 116.3 million, which includes 112.8 million basic shares and 3.5 million shares representing the potential dilution from unvested employee stock grants, because using the «if converted» method and the Company's fully - diluted share count of 116.7 million, which includes 0.4 million shares representing the potential dilution from convertible notes, would be anti-dilutive.

In January 2018, the Group entered into an exchange agreement with holders of the remaining balance of its Convertible Notes, pursuant to which the Group exchanged the remaining of $ 628 million of Convertible Notes, plus accrued interest, for 9,431,960 ordinary shares.

In January 2018, the Group entered into an exchange agreement with holders of outstanding Convertible Notes, pursuant to which the Group exchanged the Convertible Notes, plus accrued interest, for ordinary shares.

Given its tiny dimensions and weight, it's one of those rare convertibles that are truly comfortable using in tablet mode with a pen for drawing and taking notes.

«The convertible nature of the product makes it unique in the console market, but it doesn't push that state - of - the - art for consoles,» he told the E-Commerce Times, noting that it doesn't support 4K television.

It runs the same full - featured Chrome OS already found on existing tablet convertibles with a dock at the bottom of the screen that features touch tools for quickly creating a note, taking a screenshot, and magnifying.

CapLease, Inc. repurchased $ 8.7 million of its $ 75.0 million 7.5 % convertible senior notes due 2027 for approximately $ 3.3 million in cash, plus accrued interest.