Why Does Convertible Debt Not Show Up on My Cap Table?

Why Does Convertible Debt Not Show Up on My Cap Table?

Convertible debt that has not yet converted to stock shares is not considered “equity”, or in other words, ownership in the company. An investor who holds a convertible note doesn’t actually own a percentage of the company until the debt is converted.

To model the conversion and see what effect it will have on the rest of the cap table, check out this article Here

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