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Convertible notes are a tool for early-stage fundraising
Unlike a traditional priced equity round, a convertible note is a type of debt that converts into equity (typically during a future financing round). Essentially, it’s a loan made to a startup by an investor, with the expectation that the loan will convert into shares of the company’s stock at...
Read MoreUnderstanding Stock Incentive Plans and Rule 701
When it comes to employee compensation, companies can offer more than wages and salaries. One of the most popular choices is granting employees equity, giving them a sense of ownership and aligning their interests with the success of the business. For interested companies, one of the best ways to accomplish...
Read MoreOption Agreements vs Shopping Agreements: Turning a Screenplay, Novel, Board Game, Video Game and more into Film and Television
Whether a creator has designed an immersive tabletop game, written a page turning novel, or developed an innovative video game – receiving interest from others in turning their creative work (Property) into a television show or movie is an exciting prospect. But the terminology of Option Agreements, Shopping Agreements, Attachment...
Read MoreMaryland’s Kid’s Code: Preparing for the October 1, 2024 Deadline
In just a few days, on October 1, 2024, Maryland’s new Kid’s Code (also known as the Maryland Age-Appropriate Design Act) will go into effect. What is the Maryland Kid’s Code? The Maryland Kid’s Code, signed into law this past May, draws inspiration from the UK and California Age Appropriate...
Read MoreWhat is a SAFE? (Simple Agreement for Future Equity) What types of SAFE are there?
What is a SAFE? An equity instrument that usually comes in one of three types: Discount, Valuation Cap, Most Favord Nation (MFN). Read More>>
Read MoreOdin Law and Media Files Amicus Brief with U.S. Supreme Court Supporting Digital Privacy in Trademark Applications
Firm challenges US Patent and Trademark Office’s privacy-compromising requirement for domicile addresses FOR IMMEDIATE RELEASE Raleigh, NC – 16 July 2024 –Odin Law and Media (OLM), a leading firm specializing in digital media and game development law, is proud to announce its representation of the International Game Developers Association (IGDA) and CodeMiko...
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