Venture Deals · glossary
The price at which a class was first issued: €500 for the Seed and Series B shares and €1,000 for the Series A. It sets how many ordinary shares a share converts into, but it is not the Preference Amount. Definition of Original Issue Price · Chapter 8
Explained in Chapter 8, The Conversion, of Venture Deals.
The Series A shares issued on the notes joined twice as many issued for cash on the same day. That made one class with one Original Issue Price of €1,000, the price at which the class was first issued. But the holders had paid two different prices for those shares.Read Chapter 8, The Conversion →
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