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Waterfall/Exit modeling support for Change in Control premium's on convertible notes
Companies and investors using our waterfall and exit modeling tools, can now model out the impact of a Change in control premium on their convertible notes. The waterfall tool will now calculate the payout value for convertibles based on the change in control premium and the exit value inputed.
Example: Investor's view of an exit with Convertible notes that have 200% change in control premium
Companies and shareholders can review the terms of a convertible note in the Certificate details modal in their portfolio or on their cap table.