PercentCapitalizationConversionMechanism

Conversion Mechanism - Percent of Capitalization#

https://opencaptablecoalition.com/schema/types/conversion_mechanisms/PercentCapitalizationConversionMechanism.schema.json

Sets forth inputs and conversion mechanism of percent of capitalization conversion (where an instrument purports to grant a percent of company capitalization at some point in time)

Data Type: OCF TYPE

Properties:

Property	Type	Description	Required
type	Constant: `FIXED_PERCENT_OF_CAPITALIZATION_CONVERSION`	Scalar Constant	`REQUIRED`
converts_to_percent	schema/types/Percentage	What percentage of the company capitalization does this convert to	`REQUIRED`
capitalization_definition	`STRING`	How is company capitalization defined for purposes of conversion? If possible, include the legal language from the instrument.	-

Source Code: schema/types/conversion_mechanisms/PercentCapitalizationConversionMechanism