Convertible issuance transaction

Convertible Issuance Transaction

Description: The issuance transaction for a convertible note. Represents the initial issuance of the note.

Referenced By (1): - Convertible Transaction Item

References (6): - Convertible Day Count Basis - Convertible Interest Accrual Period - Convertible Interest Compounding Period - Decimal - Iso8601 Complete Calendar Date Time - Money

Example:

{
  "issueDatetime": {
    "value": "2024-01-15T00:00:00Z"
  },
  "principal": {
    "currencyCode": {
      "value": "USD"
    },
    "amount": {
      "value": "500000"
    }
  },
  "valuationCap": {
    "currencyCode": {
      "value": "USD"
    },
    "amount": {
      "value": "10000000"
    }
  },
  "discountPercentage": {
    "value": "20"
  },
  "conversionTrigger": {
    "currencyCode": {
      "value": "USD"
    },
    "amount": {
      "value": "1000000"
    }
  },
  "maturityDatetime": {
    "value": "2026-01-15T00:00:00Z"
  },
  "noteBlockId": "42",
  "interestRate": {
    "value": "5.0"
  },
  "interestAccrualPeriod": "CONVERTIBLE_INTEREST_ACCRUAL_PERIOD_MONTHLY",
  "interestCompoundingPeriod": "CONVERTIBLE_INTEREST_COMPOUNDING_PERIOD_SIMPLE",
  "dayCountBasis": "CONVERTIBLE_DAY_COUNT_BASIS_COUNT_ACTUAL_365"
}

Properties:

Property	Type	Description	Required
conversionTrigger	Money	The qualifying financing threshold that triggers automatic conversion. May be absent if no conversion trigger was set.	-
dayCountBasis	Convertible Day Count Basis	The standardized way of counting the number of days between two dates.	-
discountPercentage	Decimal	The discount percentage applied at conversion, expressed as a percentage (e.g., 20 for a 20% discount). May be absent if no discount was set.	-
interestAccrualPeriod	Convertible Interest Accrual Period	The length of time over which the interest due to the lender is calculated.	-
interestCompoundingPeriod	Convertible Interest Compounding Period	The interest compounding period of the convertible note.	-
interestRate	Decimal	The annual interest rate that the convertible note accrues, expressed as a percentage (e.g., 5 for 5%). May be absent if no interest rate was set.	-
issueDatetime	Iso8601 Complete Calendar Date Time	The date and time the convertible note was issued.	-
maturityDatetime	Iso8601 Complete Calendar Date Time	The maturity date and time of the convertible note. May be absent if no maturity date was set.	-
noteBlockId	STRING	The identifier of the note block from which the convertible note was issued. Constraints: Max length: 50	-
precededBySecurityId	STRING	The identifier of the security that preceded this convertible note (e.g. the note that was transferred). May be absent if the note was issued directly. Constraints: Max length: 50	-
principal	Money	The principal amount of the convertible note.	-
valuationCap	Money	The valuation cap for conversion. May be absent if no cap was set.	-