Patent ID: 7739165

Claim:
A method implemented at least partially in a programmed computer for raising funds, the method comprising: using the programmed computer to issue a financial instrument with two parts as a single unit that is issued directly by a company, wherein the two parts include a preferred security of the company as a first part of the single unit financial instrument, and a warrant allowing a holder of the single unit financial instrument to buy a common security of the company as a second part of the single unit financial instrument, the single unit financial instrument including a redemption right that is exercisable by the company on both the preferred security and the warrant of the single unit financial instrument; using the programmed computer to redeem the preferred security and the warrant of the single unit financial instrument after issue; receiving a warrant strike price from a holder of the single unit financial instrument; and using the programmed computer to calculate proceeds from the warrant as equity on a balance sheet of the company receiving full equity credit and to calculate proceeds from the preferred security as preferred stock on the balance sheet of the company, the preferred security proceeds having liquidation preference.