The there are 2 options: 1. If an investor wants to convert to shares in the company, an independent register-accountant will be appointed to do a valuation on the business. Conversion will be based on this valuation. 2. For investors that don’t want to convert the loan agreement can be extended by 2 years.
What happens when at the end of the duration of the loan, no follow-up investor invested and hence no conversion moment occurred?
