Go to the 'Timeline' and tap the 'Model' icon next to a convertible note.
Input the details for the upcoming fundraising round and tap the Model button.
Info title Convertible Note Modelling
Read more on convertible notes modelling here.
- Tap the convert button at the bottom-right of the screen.
- Choose the instrument in which to convert the note.
- Create a new instrument by hitting the
The values would be pre-filled based on the modelled scenario. You can modify the values manually, if required. icon. Give your instrument a name.
- Tap the invest button. The timeline will update to show the investment transaction.
Fundwave will automatically calculate the conversion amounts as per the defined investment allocation ratio.