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409A Valuation After a Down Round: Underwater Options and Repricing

calendar_today October 14, 2026 person marketing-indinero domain indinero

A 409A valuation after a down round has to be redone, because the priced round is new material information that ends reliance on the prior report under Treas. Reg. 1.409A-1(b)(5)(iv)(B)(1).

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