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 Wisconsin

In Wisconsin, the authority to determine the conversion mechanics of a convertible note on a cap table is governed by Wis. Stat. § 180.0601. That statute sets out the legal framework for how conversion rights and related adjustments operate under state corporate law. The rule provides the statutory basis for the board of directors to fix the terms, including conversion ratios and price formulas, but does not itself specify a particular rate or figure. The exact calculation depends on the specific terms of the note and the company’s charter. A step-by-step worked example below demonstrates how the conversion would be computed under the statute. Use the calculator to estimate your own result based on your specific convertible note terms.

Governing authority

In Wisconsin, the convertible note cap table rule is set by Wis. Stat. § 180.0601. The verified packet cites Wis. Stat. § 180.0601 (https://docs.legis.wisconsin.gov/statutes/statutes/180/vi/0601).

Wisconsin convertible note cap table: governed by Wis. Stat. § 180.0601. The verified packet cites Wis. Stat. § 180.0601 (https://docs.legis.wisconsin.gov/statutes/statutes/180/vi/0601).

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.