Click here to use the Convertible Promissory Note and Note Financing Term Sheet (Singapore) Generator
Convertible promissory notes are often used to fund early stage startups or to provide a “bridge” to a larger financing round or a sale of the company. As a resource to the community, we at Cooley GO have prepared a form of convertible promissory note and a form term sheet for a convertible promissory note financing for use by Singapore companies. We hope that these resources will be useful options for entrepreneurs and investors in the region that are seeking an efficient method to finance emerging companies.
Learn more about convertible debt in our Primer on Convertible Debt and The (Troublesome) Convertible Note Cap.
Visit our Raise guidance section for more articles on fundraising strategies.
Our form of convertible promissory note is based on our Series Seed Convertible Promissory Note with modifications to comply with Singapore law, and is intended only for Singapore companies. To generate convertible note financing documents for US companies, please check out our Cooley GO (US) Series Seed Convertible Note Financing Package. For more information on the Series Seed project and our contributions, click here.
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*Cooley SG LLP (UEN/Registration No. T19LL1477F) is a licensed foreign law practice registered in Singapore under the Limited Liability Partnerships Act (Chapter 163A) with limited liability.