A financing mechanism whereby a private company issues new stock shares due to an obligation during an earlier venture capital funding round. New shares are issued at a price lower than previous stock issues to existing common and preferred shareholders.
Related information about broad-based weighted average ratchet:
- Broad-Based Weighted Average Ratchet Definition | Investopedia
A broad-based weighted average ratchet almost always involves preferred stock, in which early investors have a conversion price ("price X"), while a later round ...
- Broad-Based Weighted Average Ratchet | Glossary | VC Experts
A type of anti-dilution mechanism. A weighted average ratchet adjusts downward the price per share of the preferred stock of investor A due to the issuance of ...
- What is broad-based weighted average ratchet? - InvestorWords.com
Definition of broad-based weighted average ratchet: A financing mechanism whereby a private company issues new stock shares due to an obligation during an ...
- VentureChoice Private Equity and Venture Capital Glossary
Examples include Broad-Based Weighted Average Ratchet, Narrow-Based Weighted Average Ratchet, and Full Ratchet Antidilution. Definition benchmarks ...
- Definition antidilution provisions
Examples include Broad-Based Weighted Average Ratchet, Narrow-Based Weighted Average Ratchet, and Full Ratchet Antidilution. Complete List of Terms ...
- Private Equity Glossary - Tuck - Dartmouth College
“A” round – a financing event whereby angel groups and / or venture capitalists become involved in a fast growth company that was previously financed by ...
- Negotiate and Structure Investments (6) Nurture Portfolio ... - PRMIA
It has two sub-types viz., narrow based weighted average ratchet and broad based weighted average ratchet. Full ratchet: The resetting allotment price is ...
- KudoZ - media ponderata > weighted average - ProZ.com
Oct 26, 2003 ... Broad-Based Weighted Average Ratchet - Glossary - Encyclopedia - ... ... Location: Home > Library > Encyclopedia > Glossary > Broad-Based ...