Once a convertible note matures, you may choose to convert it to equity in your profile. Click Companies > All Companies.

Open the company for which the note exists. Click on Closed / Cap Table in the left navigation.

Open the note you want to convert. Click Convert in the top right.

Follow the on screen prompts to fill in details about the conversion.

Select the underlying security for the conversion. If the class of stock you need is not listed, follow the tutorial on how to create a new class here.

The investors will be populated based on the participants of the note round and the interest in calculated based on initial value, interest rate, and the date of conversion. You can adjust these details as needed.

Click Save Conversion.

Did this answer your question?