Conversion rights are the contractual rights that let a security holder convert their instrument (e.g., convertible note, SAFE, or preferred stock) into equity under specified conditions, timing, and pricing (including any discount, valuation cap, and other conversion mechanics).
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
