basic

Convertible Note Equity on Conversion Calculator

Shares = principal×(1+r)^t / (cap/shares × (1−disc%)).

Calculates the number of shares received when a convertible note converts at a financing round, accounting for accrued interest, valuation cap, and conversion discount.

Daniel Oh By Daniel Oh
Published Last reviewed 1 min read

Inputs

Results

Enter values and click Calculate to see results.
Was this helpful?

How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

Accrued = principal×(1+rate)^years; price = cap/total_shares×(1−disc); shares = accrued/price

In depth

Calculates the number of shares received when a convertible note converts at a financing round, accounting for accrued interest, valuation cap, and conversion discount.