Let's say you have a right to receive Pref Warrants from a Portfolio Company, but the company wants to change them to Common Warrants or Options that are a part of the stock option plan. All things being equal (e.g. strike and number of options), pref warrants are more valuable than common warrants or options, so what is the best way to get dollar for dollar value and not have a taxable event? Thank you.
As a general matter, a Fund cannot take options.
Jul 24, 2023 1:05pm