Open Cap Table Protocol Canton SDK - v0.2.125
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    Interface ConvertibleMechanismNote

    Convertible Conversion Mechanism - Convertible Note Full conversion terms for convertible promissory notes

    interface ConvertibleMechanismNote {
        capitalization_definition?: string;
        capitalization_definition_rules?: CapitalizationDefinitionRules;
        compounding_type?: "SIMPLE" | "COMPOUNDING";
        conversion_discount?: string;
        conversion_mfn?: boolean;
        conversion_valuation_cap?: { amount: string; currency: string };
        day_count_convention?: "ACTUAL_365" | "30_360";
        exit_multiple?: ExitMultiple | null;
        interest_accrual_period?:
            | "DAILY"
            | "MONTHLY"
            | "QUARTERLY"
            | "SEMI_ANNUAL"
            | "ANNUAL";
        interest_payout?: "DEFERRED"
        | "CASH";
        interest_rates: ConvertibleInterestRate[] | null;
        type: "CONVERTIBLE_NOTE_CONVERSION";
    }
    Index

    Properties

    capitalization_definition? capitalization_definition_rules? compounding_type? conversion_discount? conversion_mfn? conversion_valuation_cap? day_count_convention? exit_multiple? interest_accrual_period? interest_payout? interest_rates type

    Properties

    capitalization_definition?: string

    Description of capitalization definition

    capitalization_definition_rules?: CapitalizationDefinitionRules

    Rules for capitalization calculation

    compounding_type?: "SIMPLE" | "COMPOUNDING"

    Type of interest compounding

    conversion_discount?: string

    Discount on conversion

    conversion_mfn?: boolean

    Whether Most Favored Nation clause applies

    conversion_valuation_cap?: { amount: string; currency: string }

    Valuation cap for conversion

    day_count_convention?: "ACTUAL_365" | "30_360"

    Day count convention for interest calculation

    exit_multiple?: ExitMultiple | null

    Exit multiple for liquidity events

    interest_accrual_period?:
        | "DAILY"
        | "MONTHLY"
        | "QUARTERLY"
        | "SEMI_ANNUAL"
        | "ANNUAL"

    Interest accrual period

    interest_payout?: "DEFERRED" | "CASH"

    How interest is paid

    interest_rates: ConvertibleInterestRate[] | null

    Interest rate schedule

    type: "CONVERTIBLE_NOTE_CONVERSION"

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