Series A shares were issued two years ago with weighted average anti-dilution protection. The Series A round raised $6 million in exchange for 2 million Series A Convertible Preferred Shares, each convertible to 3 common shares. This gave Series A a price per preferred share of $3.00, and an effective price per common share of $1.00. Now the company is negotiating a Series B round, in which $5 million would be raised in exchange for 2 million Series B Convertible Preferred Shares, each convertible to 2 common shares. This gives Series B a price per preferred share of $2.50, and an effective price per common share of $1.25. Given the weighted average anti-dilution protection for the Series A round, what will happen to the conversion ratio for the Series A shares if the Series B round goes through as planned? The conversion ratio per Series A share will not change, but more Series A shares will be issued to the current shareholders. The conversion ratio for Series A will be decreased. The conversion ratio for Series A will be increased. Nothing - The conversion ratio for Series A will not change because of this new round. Series A shares were issued two years ago with weighted average anti-dilution protection. The Series A round raised $6 million in exchange for 2 million Series A Convertible Preferred Shares, each convertible to 3 common shares. This gave Series A a price per preferred share of $3.00, and an effective price per common share of $1.00. Now the company is negotiating a Series B round, in which $5 million would be raised in exchange for 2 million Series B Convertible Preferred Shares, each convertible to 2 common shares. This gives Series B a price per preferred share of $2.50, and an effective price per common share of $1.25. Given the weighted average anti-dilution protection for the Series A round, what will happen to the conversion ratio for the Series A shares if the Series B round goes through as planned? The conversion ratio per Series A share will not change, but more Series A shares will be issued to the current shareholders. The conversion ratio for Series A will be decreased. The conversion ratio for Series A will be increased. Nothing - The conversion ratio for Series A will not change because of this new round