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LSDefine

Simple English definitions for legal terms

conversion ratio

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A quick definition of conversion ratio:

Conversion Ratio: The conversion ratio is a number that tells us how many common shares can be obtained by converting a convertible security. It is also the ratio of the face value of the convertible security to the conversion price. In simpler terms, it is the amount of shares you get when you convert a security and how much it is worth compared to the price you paid for it.

A more thorough explanation:

Definition: Conversion ratio refers to the number of common shares that can be obtained by converting a convertible security. It is also the ratio of the face value of the convertible security to the conversion price.

Example: If a convertible bond has a face value of $1,000 and a conversion price of $50, the conversion ratio would be 20 ($1,000 ÷ $50 = 20). This means that each bond can be converted into 20 common shares of the company.

Another example would be a convertible preferred stock with a face value of $500 and a conversion price of $25. The conversion ratio would be 20 ($500 ÷ $25 = 20), which means that each preferred stock can be converted into 20 common shares of the company.

The conversion ratio is an important factor to consider when investing in convertible securities. It determines the number of common shares that an investor can obtain by converting the security, which can affect the potential return on investment.

conversion price | conversion security

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CynicalOops
17:26
I got my brother tickets to a golf tournament and im going to get my mom ski lift tickets because she just moved near a ski resort
Dkk
18:08
Nice, I am on bad terms with my siblings so i am getting them nothing and they should get me nothing too and I am getting my mom a gift.
18:16
I just noticed that UMich has the majority of their acceptances really early on. Does anyone know what happens to mid-November applicants? Are we just cooked?
TGM
18:23
How long can I delay sending my fall grades if they hurt my GPA? I’m still waiting on decisions and ideally I’m hoping they decide BEFORE seeing my new grades
TGM
18:27
dropped my GPA below median for a couple of schools I’m applying to, when I was above median before
Dkk
18:32
@TGM: Not long enough to get another transcript to recover.
Dkk
18:33
Honestly you could just wait until someone actually asks for your fall grades. Who knows.
Dkk
18:34
@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.
18:34
@wigwav: nah
TGM
18:34
like am I expected to send it unprompted or can I wait until a school requested it
Dkk
18:35
@TGM: Expected to send it unprompted but you can wait and see.
18:36
Is your LSAT also below median?
TGM
18:37
It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough
texaslawhopefully
18:38
Yeah, then I would just wait as long as you can to send it
texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
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