This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

Troutman Pepper Locke

| less than a minute read

What's in a Down Round? Key Features of a Down Round - Troutman Pepper Locke

Discover the key features of down round financing, including pay-to-play provisions, pull-up transactions, cramdowns, warrants, and liquidation preferences. This article explains how these terms impact investor relations and capital structure in challenging fundraising environments.