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 Oregon

Oregon law does not prescribe a specific cap table treatment for convertible notes in the statutes. The governing authority, Or. Rev. Stat. § 60.131, sets out the general framework for share issuance and conversion rights, but it does not dictate how a convertible note’s conversion mechanics or valuation cap must be reflected on a company’s cap table. Instead, the statute provides that the board of directors determines the terms of any convertible securities, subject to any limitations in the articles of incorporation. The exact conversion formula and cap table impact depend on the note’s specific terms, which the calculator below can estimate. For the precise statutory language, consult the official source at the Oregon Legislature website.

Governing authority

In Oregon, the convertible note cap table rule is set by Or. Rev. Stat. § 60.131. The verified packet cites Or. Rev. Stat. § 60.131 (https://www.oregonlegislature.gov/bills_laws/ors/ors060.html).

Oregon convertible note cap table: governed by Or. Rev. Stat. § 60.131. The verified packet cites Or. Rev. Stat. § 60.131 (https://www.oregonlegislature.gov/bills_laws/ors/ors060.html).

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.