A lower threshold makes conversion more likely, potentially increasing dilution, while a higher threshold protects common shareholders from earlier conversion.
The specific market price of common stock that triggers the conversion of temporary equity instruments into common share...
Standard feature in convertible debt or preferred stock agreements across the biopharmaceutical sector.
other_temporary_equity_conversion_common_stock_price_threshold| Q4 '25 | |
|---|---|
| Value | $16.68 |