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A company sells for $ 2 0 million. A preferred investor has the option of taking their capped ( 2 x ) participating preference of
A company sells for $ million. A preferred investor has the option of taking their capped x participating preference of $ million or converting into common shares. The investor owns preferred shares with a : conversion to common. There are existing common shares in the company today. What are the investors proceeds? a $ million b $ million c $ million d $ million
A company sells for $ million. A preferred investor has the option of taking their capped x participating preference of $ million or converting into common shares. The investor owns preferred shares with a : conversion to common. There are existing common shares in the company today. What are the investors proceeds?
a $ million
b $ million
c $ million
d $ million
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