The draft convertibles tab is used to assign convertible securities to individual holders and link to the relevant convertible terms and financing round. The steps below detail how to delete existing drafted convertibles if you need to for any reason.
Navigate to the Draft Securities page to delete drafted Convertible Notes
Sign in to Cyndx and go to the Owner tab
On the left-hand navigation bar, click the Securities drop down
From the drop down menu, click on Draft Securities
On the Draft Securities page, go to the Convertibles tab
Click the Actions menu (arrow icon) of the convertible you would like to delete
Select the option to delete that convertible
7. You will be asked “Are you sure you want to delete this convertible?”
Select Yes to complete the deletion
Example
Issue Drafted Convertible
See also: After I draft convertibles, how do I issue drafted convertibles?
Related articles: How to draft, edit, and view drafted convertibles, and how to draft shares, warrants, or options
Read more on convertible notes and SAFEs in our Cap Table Glossary