Document background
The Conversion Agreement is commonly used in Singapore when investors, shareholders, or security holders need to convert their existing securities into different forms of equity or debt instruments. This document is crucial for startups converting convertible notes to equity, preferred shareholders converting to ordinary shares, or in corporate restructuring scenarios. The agreement ensures compliance with Singapore's regulatory framework while protecting the interests of all parties involved. It typically includes detailed conversion mechanisms, conditions precedent, and completion requirements, making it an essential tool for corporate transactions and investment rounds.
