Case Explained: LIFEVOXEL VIRGINIA SPV, LLC, ET AL. V. LIFEVOXEL.AI, INC., ET AL.

Court: United States Court of Appeals for the Ninth Circuit Filed: 2026-06-17 Docket: 3:22-cv-01917-GPC-MMP The ninth-circuit invited amici to submit letter briefs not exceeding 7,000 words addressing two specific legal issues: first, whether and how Simple Agreement for Future Equity (SAFE) Notes can be valued prior to a conversion event, including applicable industry-standard valuation methods; and second, whether the district court erred in concluding that a plaintiff asserting a claim under § 10(b) of the Securities Exchange Act must plead that a conversion event is impossible to establish loss causation in the context of a SAFE Note investment. The briefing was ordered to be submitted no later than July 10, 2026, and must comply with Federal Rule of Appellate Procedure 29. Do It For The Case Law is a news reporting service. Nothing in this episode constitutes legal advice.