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Explain the role anti-dilution protection plays in raising capital. Discuss the risk factors which it addresses; whether investors want to take advantage of anti-dilution protection;
Explain the role anti-dilution protection plays in raising capital. Discuss the risk factors which it addresses; whether investors want to take advantage of anti-dilution protection; AND identify a situation in which anti-dilution protection does not affect conversion price or ownership interests. (Think about this. Answers are almost self-evident) (1)
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