{
  "$schema": "http://json-schema.org/draft-07/schema",
  "$id": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/objects/transactions/issuance/ConvertibleIssuance.schema.json",
  "title": "Object - Convertible Issuance Transaction",
  "description": "Object describing convertible instrument issuance transaction by the issuer and held by a stakeholder",
  "type": "object",
  "allOf": [
    {
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/primitives/objects/Object.schema.json"
    },
    {
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/primitives/objects/transactions/Transaction.schema.json"
    },
    {
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/primitives/objects/transactions/SecurityTransaction.schema.json"
    },
    {
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/primitives/objects/transactions/issuance/Issuance.schema.json"
    }
  ],
  "properties": {
    "object_type": {
      "const": "TX_CONVERTIBLE_ISSUANCE"
    },
    "investment_amount": {
      "description": "Amount invested and outstanding on date of issuance of this convertible",
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/Monetary.schema.json"
    },
    "convertible_type": {
      "description": "What kind of convertible instrument is this (of the supported, enumerated types)",
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/enums/ConvertibleType.schema.json"
    },
    "conversion_triggers": {
      "title": "Convertible - Conversion Trigger Array",
      "description": "In event the convertible can convert due to trigger events (e.g. Maturity, Next Qualified Financing, Change of Control, at Election of Holder), what are the terms?",
      "type": "array",
      "minItems": 1,
      "items": {
        "anyOf": [
          {
            "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/AutomaticConversionOnConditionTrigger.schema.json"
          },
          {
            "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/AutomaticConversionOnDateTrigger.schema.json"
          },
          {
            "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/ElectiveConversionAtWillTrigger.schema.json"
          },
          {
            "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/ElectiveConversionInDateRangeTrigger.schema.json"
          },
          {
            "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/ElectiveConversionOnConditionTrigger.schema.json"
          },
          {
            "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/UnspecifiedConversionTrigger.schema.json"
          }
        ]
      }
    },
    "pro_rata": {
      "description": "What pro-rata (if any) is the holder entitled to buy at the next round?",
      "$ref": "https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/Numeric.schema.json"
    },
    "seniority": {
      "description": "If different convertible instruments have seniorty over one another, use this value to build a seniority stack, with 1 being highest seniority and equal seniority values assumed to be equal priority",
      "type": "integer"
    },
    "id": {},
    "comments": {},
    "security_id": {},
    "date": {},
    "custom_id": {},
    "stakeholder_id": {},
    "board_approval_date": {},
    "stockholder_approval_date": {},
    "consideration_text": {},
    "security_law_exemptions": {}
  },
  "additionalProperties": false,
  "required": [
    "convertible_type",
    "investment_amount",
    "conversion_triggers",
    "seniority"
  ],
  "$comment": "Copyright © 2025 Open Cap Table Coalition (https://opencaptablecoalition.com) / Original File: https://github.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/tree/main/schema/objects/transactions/issuance/ConvertibleIssuance.schema.json"
}