Anti-Dilution Provisions - A New Twist

01.02.14

We are all familiar with the modified ratchet and full ratchet anti-dilution provisions that relate to subsequent down rounds in the financing of start-up and emerging growth companies. A new twist on anti-dilution provisions is raising its head and, according to the Wall Street Journal, becoming more and more common. See "Startups Boosting the Risk"... Continue Reading

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