ConversionRight

Primitive - Conversion Right Type#

https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/primitives/types/conversion_rights/ConversionRight.schema.json

Description Abstract type representation of a conversion right from a non-plan security into another non-plan security

Primitives are Abstract and Should Not be Used for Data. They are used to enforce uniformity in OCF data types - specifically "types" and "objects".

Properties:

Property	Type	Description	Required
type	`Enum - Conversion Right Type` Description: Enumeration of types of conversion rights. ONE OF: • CONVERTIBLE_CONVERSION_RIGHT • WARRANT_CONVERSION_RIGHT • STOCK_CLASS_CONVERSION_RIGHT	What kind of conversion right is this?	-
conversion_mechanism	ONE OF the Following Types/Objs: • schema/types/conversion_mechanisms/SAFEConversionMechanism • schema/types/conversion_mechanisms/NoteConversionMechanism • schema/types/conversion_mechanisms/CustomConversionMechanism • schema/types/conversion_mechanisms/PercentCapitalizationConversionMechanism • schema/types/conversion_mechanisms/FixedAmountConversionMechanism • schema/types/conversion_mechanisms/RatioConversionMechanism • schema/types/conversion_mechanisms/ValuationBasedConversionMechanism • schema/types/conversion_mechanisms/SharePriceBasedConversionMechanism	What conversion mechanism applies to calculate the number of resulting securities?	`REQUIRED`
converts_to_future_round	`BOOLEAN`	Is this stock class potentially convertible into a future, as-yet undetermined stock class (e.g. Founder Preferred)	-
converts_to_stock_class_id	`STRING`	The identifier of the existing, known stock class this stock class can convert into	-

Source Code: schema/primitives/types/conversion_rights/ConversionRight