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If I understand correctly, a convertible note is much more favorable for the investor. If that is correct, is it safe to say Northvolt raised a convertible note
by ttymck 3y ago
If I understand correctly, a convertible note is much more favorable for the investor. If that is correct, is it safe to say Northvolt raised a convertible note instead of equity because their equity is not sufficiently attractive/valuable?
- slashdev 3y agoI think it’s actually beneficial to both parties, which is why it’s become the standard. It doesn’t tell you anything about the company.