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Raising a Down Round — Previous Investors Invoking Anti-Dilution

Started by down_round_antidilution · Dec 14, 2025 · 6 replies
For informational purposes only. This is not legal advice.
DR
down_round_antidilutionOP

Looking for advice on this situation. Raising a Down Round - Previous Investors Invoking Anti-Dilution Any guidance would be greatly appreciated.

Details: I'm in a situation where I need to understand my legal options. Has anyone dealt with something similar?

SS
StartupLawyer_SVAttorney

Securities compliance isn't optional. Even for a friends-and-family round, you need a proper exemption (usually Reg D 506(b)). The penalties for unregistered securities offerings are severe and personal.

IA
injured_at_equinox

Securities compliance isn't optional. Even for a friends-and-family round, you need a proper exemption (usually Reg D 506(b)). The penalties for unregistered securities offerings are severe and personal.

RT
retail_tenant_OH

Securities compliance isn't optional. Even for a friends-and-family round, you need a proper exemption (usually Reg D 506(b)). The penalties for unregistered securities offerings are severe and personal.

ST
StartupLawyerJessAttorney

Securities compliance isn't optional. Even for a friends-and-family round, you need a proper exemption (usually Reg D 506(b)). The penalties for unregistered securities offerings are severe and personal.

KM
KellyMartinez_ModModerator

Good discussion. Tagging this for the resource library.

DR
down_round_antidilutionOP

Update: Thanks everyone for the guidance. I consulted with an attorney and we're moving forward. The advice here helped me understand what questions to ask and what to expect. Will update when there's a resolution.

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