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 Missouri

Under Missouri law, the effect of a convertible note on a cap table is governed by the terms of the note itself and the statutory framework of Mo. Rev. Stat. § 351.180. This statute provides the default rules for how conversion rights and related equity adjustments operate when a noteholder converts their debt into shares. The statute sets out the legal parameters for determining the resulting ownership percentages and dilution, but the exact impact depends on the specific conversion price, valuation cap, and discount terms agreed upon in the note. The worked example below illustrates this calculation using a verified figure from Mo. Rev. Stat. § 351.180. For a precise estimate tailored to your situation, use the calculator.

Governing authority

In Missouri, the convertible note cap table rule is set by Mo. Rev. Stat. § 351.180. The verified packet cites Mo. Rev. Stat. § 351.180 (https://revisor.mo.gov/main/OneSection.aspx?section=351.180).

Missouri convertible note cap table: governed by Mo. Rev. Stat. § 351.180. The verified packet cites Mo. Rev. Stat. § 351.180 (https://revisor.mo.gov/main/OneSection.aspx?section=351.180).

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.