In the event that the company issues additional securities at a purchase price less than the current series a preferred conversion price. Such conversion price shall be adjusted in accordance with the following formula:
CP2 = CP1 * (A+B) / (A+C)
What is Conversion Price?
- The conversion price is the price per share of a convertible security, such as a convertible security.
- B. Debentures or preferred stock may be converted into common stock.
- The conversion price is determined when the conversion ratio of a convertible security is determined.
- A conversion is the exchange of one convertible asset for another, usually on or before a specified date and at a specified price.
- The conversion price is the value assigned when setting up the conversion or sent using the dynamic data layer.
- Conversion price shows the value of only one conversion, while revenue shows all conversions multiplied by the value of each conversion.
To learn more about Conversion Price from the given link :
https://brainly.com/question/22495028
#SP14
