I am guilty of being lazy. I don't blame your lack of patience.
I just did a search of the full document for both convert and convertible. I failed to find an answer.
If you are willing to correct me, it may be due to my lack of full knowledge about convertibles. Could it be that it is standard for convertibles to be converted before mergers, and if not converted before merger then what, paid off as a loan amount + interest?
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