KPMG & ICR Capital | The Camouflaged Costs of Capital

Raising capital can often have hidden costs such as:

Conversion and dilution features that are complex
Unintended accounting/financial reporting/tax consequences
Incremental internal/external costs

A deeper knowledge of these instruments will help companies better plan for meeting their future capital requirements.

Join KPMG’s Mike Petry & Svetlana Vallie and ICR Capital’s Raj Imteaz for an upcoming webcast customized for CEOs, CFOs, VPs of Finance, founders, and others to understand the capital structure journey of a company from seed funding to IPO to financing future growth.

INSTRUMENTS TO BE DISCUSSED INCLUDE:

SAFEs, warrants, convertible preferred shares, tranche preferred shares

Convertible debt, call spreads/capped calls, mandatory convertibles, and perpetual convertible preferreds

TOPICS INCLUDE:
Economic rationale of inclusion of features from an issuer and holder perspective
Understanding of how features impact conversion/dilution
Pros and cons of instruments
Discussion of accounting/financial reporting/tax treatment
Trends in the current fundraising markets