Equity Financing Conversion under the CARE
What is an Equity Financing? One of the key features of the CARE is its automatic conversion to shares on an ‘Equity Financing‘, i.e. when the company next raises capital by selling its shares. Simple, right? Well, not necessarily. How and when that conversion happens will depend on the specific terms of the CARE. What […]
Introduction to the Convertible Agreement Regarding Equity
What is the CARE? The Convertible Agreement Regarding Equity – or ‘CARE‘ – is a standard form contract designed by industry to help streamline early-stage venture investments in Asia. Our series of eight articles covers the CARE’s key provisions to help founders and investors understand their purpose and effect. The other articles in this series […]