Series 79: Evaluating Existing Obligations

Taken from our Series 79 Top-off Online Guide

Evaluating Existing Obligations

The investment banker will help the target identify and evaluate the impact of any contractual terms and conditions that the target might need to address before any sale can close. The target’s securities records should be scrutinized carefully to see if any securities have consent, conversion, or acceleration provisions that are triggered by a sale or merger. For example, are there outstanding stock options with accelerated vesting

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