Driving Business Advantage

FOLEY HOAG LLP Driving Business Advantage Convertible Preferred Stock Why Convertible Preferred Stock? -"Stock" – equity ownership (junior to debt) - -"Common Stock" - basic unit of equity ownership; issued to founders/employees/consultants. -"Preferred" - Preference over common stock on dividends, distributions, liquidation, redemption -"Convertible" - Convertible into common stock, with all the upside of common stock © 2014 Foley Hoag LLP. All Rights Reserved.

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