Skip to content

ConvertibleConversionRight

Type - Convertible Conversion Rights#

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

Type representation of a conversion right from a convertible into another non-plan security

Data Type: OCF TYPE

Properties:

Property Type Description Required
type Constant: CONVERTIBLE_CONVERSION_RIGHT Scalar Constant -
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
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/types/conversion_rights/ConvertibleConversionRight

Copyright © 2024 Open Cap Table Coalition.