Tools / Funding

Anti-Dilution / Down-Round Calculator

Compare what a down round does to an existing preferred class under all three anti-dilution methods side-by-side: full ratchet (most punitive to founders), broad-based weighted average (industry standard), and narrow-based weighted average (most protective for the investor).

Beta: Funding tools are unaudited. Consult a lawyer before relying on them for term-sheet decisions.

Set this BELOW the original issue price to trigger anti-dilution.

Narrow-based WA excludes the pool from the denominator, producing a more aggressive (lower) new conversion price.

Track anti-dilution across every share class inside iCorpSec

Anti-dilution clauses live in the term sheet; iCorpSec keeps them attached to the share class and applies them automatically at every down-round event with full audit trail.

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