Hi Vahid,
I'm glad to hear your team identified best next steps for SEC requirements. As your Customer Success Manager, Crystal was just ensuring she gave you context on what advice Carta is legally allowed to share about this topic.
Carta Community is absolutely the right place to ask these types of questions. It's exactly why we built this platform - so companies have a centralized hub to give & receive advice from each other and share best practices.
Thank you for being part of Carta Community and we hope you continue to share your questions here!
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Olivia Collins
Senior Customer Success Communications Manager
Carta
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Original Message:
Sent: 05-22-2023 07:17
From: Vahid Shah
Subject: compliance upon converting convertible notes
Hi Crystal,
Thank you for your reply! I thought that this community was a platform for sharing these kinds of questions. If not, that's alright! Regarding SEC compliance, we have already submitted Form D and are fulfilling the SEC requirements.
Best,
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Vahid Shah
Original Message:
Sent: 05-19-2023 13:48
From: Crystal Jackson
Subject: compliance upon converting convertible notes
Hi Vahid! Since Carta serves as your SEC-registered Transfer Agent (I've linked here a support article on what being an SEC-registered transfer agent entails), we cannot legally advise as to whether your company should or shouldn't file an SEC form.If you have additional outside legal counsel, we typically recommend you confer with them on best next steps. Thank you!
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Crystal Jackson
Original Message:
Sent: 05-17-2023 09:02
From: Vahid Shah
Subject: compliance upon converting convertible notes
Hello everyone,
Our company (startup c-corp) recently converted the convertible notes into common shares of the company. Is there any form that we should file with SEC?
Thank you,
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Vahid Shah
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