FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7lf0A1jIEuJv35dVQwjxlI
Label Simple Agreement for Future Equity
Preferred Label SAFE Agreement
Identifier N/A
Alternative Labels
Future Equity Agreement

Definition

A Simple Agreement for Future Equity (SAFE) is a contractual agreement between an investor and a company wherein the investor provides capital to the company in exchange for the rights to receive equity at a later date. The equity is usually issued during a subsequent financing round, at which point the SAFE converts based on the terms set forth in the agreement.

Class Relationships

Is Defined By

N/A

See Also

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Parent Class Of 0

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Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available