Haynes & Boone: What Are Pro Rata Rights?
March 08, 2023
March 08, 2023
DALLAS, Texas, March 8 -- Haynes and Boone, a law firm, issued the following news release:
Pro rata rights can be a powerful tool for startup founders to help them secure that first round of funding. To get their business started, startups often begin by raising a seed round to obtain that initial financing. The company obtains this financing by issuing shares in the company to investors. However, as the startup grows and the company needs more money, it will often do so by issuing . . .
Pro rata rights can be a powerful tool for startup founders to help them secure that first round of funding. To get their business started, startups often begin by raising a seed round to obtain that initial financing. The company obtains this financing by issuing shares in the company to investors. However, as the startup grows and the company needs more money, it will often do so by issuing . . .