Once convertibles have been issued, they will appear on your cap table as well as listed under the Issued Securities tab. From this view, a number of secondary actions can be performed, including the option to cancel convertibles.
Navigate to the Issued Securities page
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 Issued Securities
On the Issued Securities page, go to the Convertibles tab
Click the Actions menu (arrow icon) to the right of the convertible note you would like to cancel
Select the option to cancel from the drop down
Cancel Convertible
7. Fill in the required details
8. Click Submit
Example
Cancel Convertible
See also: After I manage Issued Convertibles, How do run scenario modeling & waterfall analysis?
Read more on convertible debt and SAFES in our Cap Table Glossary