Capital Structure Equity Financing Events 
RNC
MAY 21, 2024
When raising funds, the primary question is whether to opt for equity or debt financing. Equity financing risks diluting ownership stakes in the company, while debt financing entails hefty interest rates. This conversion occurs automatically at a specified time or upon the occurrence of predetermined events.
Benzinga
AUGUST 28, 2024
Specifically, the exchange ratio will be calculated by dividing (a) the quotient obtained by dividing (i) the sum of US$500 million, the amount of any new equity financings and the aggregate exercise price of any in-the-money equity awards, by (ii) the number of issued and outstanding Company Shares on a fully diluted basis, and (b) US$10 per share.
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