Significant Updates to Capboard: New Cap Table by Share Class View and Authorized Shares
At Capboard, we are dedicated to continuously enhancing our platform to meet your evolving needs and provide you with the best possible experience. This month, we are excited to announce the release of two significant new features: the Cap Table by Share Class view, which now includes Convertibles/SAFEs, and the Authorized Shares feature.
1. Cap Table by Share Class View
Our new Cap Table by Share Class view offers a detailed breakdown of your company's share structure, providing insights into different classes of shares, including Common, ESOP, and Warrants. This feature also integrates Convertibles and SAFEs, giving you a comprehensive view of all equity instruments in one place.
The Cap Table by Share Class view allows you to see:
- Authorized Shares: The total number of shares that the company is authorized to issue for each share class.
- Not Diluted Shares: The number of shares that have not been diluted.
- Fully Diluted Shares: The number of shares accounting for potential dilution from convertibles and other equity instruments.
- Investment: The total investment amount for each share class.
Below is an example of the new Cap Table by Share Class view:
2. Authorized Shares
With the new Authorized Shares feature, you can now set up and manage the number of authorized shares for each share class directly within Capboard. This feature provides greater flexibility and control over your equity structure, ensuring you can accurately reflect the total shares your company is allowed to issue.
Key benefits include:
- Clear visibility of authorized share limits for each share class.
- Simplified management of share issuance and compliance with company bylaws.
- Enhanced reporting capabilities for investors and stakeholders.
Continuous Improvement
At Capboard, we are committed to continually improving our platform to better support your needs. These new features are part of our ongoing efforts to enhance the user experience and provide powerful tools for equity management.
Below is another example showcasing the Cap Table by Share Class view with visual charts for better data visualization:
We believe these updates will significantly improve your ability to manage and understand your company's equity structure. As always, we welcome your feedback and are here to assist with any questions or support you may need.
Thank you for choosing Capboard as your trusted partner in equity management.
Best regards,
The Capboard Team