Important Update for Founders & Finance Teams: CCPS Conversion Is Not a Routine Step
Many founders view the conversion of Compulsorily Convertible Preference Shares (CCPS) into equity as a standard formality. In practice, this step can trigger significant legal, regulatory, and tax implications that directly impact control, dilution, valuation, and future exits. Key Corporate Law Requirements Upon conversion, the company must issue equity shares to CCPS holders strictly as […]