A full ratchet is an anti-dilution provision that adjusts the option price or conversion ratio for shareholders to the lowest sale price. Get personalized, AI-powered answers built on 27+ years of ...
What Is A Full Ratchet? Full ratchet is a protective measure for early investors in a startup. It is an anti-dilution provision used in investment agreements, especially in the context of convertible ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results