Open Cap Table Protocol Canton SDK - v0.2.125
    Preparing search index...

    Interface ConvertibleMechanismSafe

    Convertible Conversion Mechanism - SAFE Conversion terms for Simple Agreement for Future Equity

    interface ConvertibleMechanismSafe {
        capitalization_definition?: string;
        capitalization_definition_rules?: CapitalizationDefinitionRules;
        conversion_discount?: string;
        conversion_mfn: boolean;
        conversion_timing?: "PRE_MONEY" | "POST_MONEY";
        conversion_valuation_cap?: { amount: string; currency: string };
        exit_multiple?: ExitMultiple;
        type: "SAFE_CONVERSION";
    }
    Index

    Properties

    capitalization_definition?: string

    Description of capitalization definition

    capitalization_definition_rules?: CapitalizationDefinitionRules

    Rules for capitalization calculation

    conversion_discount?: string

    Discount on conversion (as decimal string, e.g., "0.20" for 20%)

    conversion_mfn: boolean

    Whether Most Favored Nation clause applies

    conversion_timing?: "PRE_MONEY" | "POST_MONEY"

    Timing of conversion relative to financing

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

    Valuation cap for conversion

    exit_multiple?: ExitMultiple

    Exit multiple for liquidity events

    type: "SAFE_CONVERSION"