Convertible Note Cap Table in Minnesota
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Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
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Minnesota convertible-note-cap-table: limitation period is see statute.
Run the cap tableAuthority and key facts
- Limitation Period: see statute
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Convertible Note Cap Table in Minnesota
Minnesota law, under Minn. Stat. § 302A.401, governs the calculation of a convertible note’s impact on a cap table by defining how the conversion terms affect ownership percentages. The statute sets out the legal framework for how convertible instruments convert into equity, including the treatment of conversion discounts, valuation caps, and any interest accrued. The precise effect on the cap table depends on the specific conversion formula and the company’s authorized shares. The official source at the provided link contains the exact statutory details. The worked example below demonstrates a typical conversion scenario. To estimate your own cap table result, use the DocketMath calculator with your specific conversion terms.
Governing authority
In Minnesota, the convertible note cap table rule is set by Minn. Stat. § 302A.401. The verified packet cites Minn. Stat. § 302A.401 (https://www.revisor.mn.gov/statutes/cite/302A.401).
Minnesota convertible note cap table: governed by Minn. Stat. § 302A.401. The verified packet cites Minn. Stat. § 302A.401 (https://www.revisor.mn.gov/statutes/cite/302A.401).
Estimate your own result: every situation has exceptions that can change the outcome. Use the convertible note cap table calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.