Prepare for IPO
What stands between this cap table and a public offering.
Gates clear
2 / 7
Blocking
3
Readiness
29%
Open tasks
0
Read from the ledger
Computed on every load and stored nowhere, so a gate clears the moment the fact behind it changes.
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A current valuation
Every valuation report has expired. Diligence asks about this first.
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Every security signed
25 outstanding securities have not been accepted by their holders.
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Convertibles resolved
29 convertible instruments are still live. An instrument that turns into an unknown number of shares cannot sit on a prospectus.
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Board approval on every grant
59 option grants have no board approval date recorded.
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Options priced at fair value
3 grants were struck below the valuation in force that day. For an ISO that is a 409A exposure — a question for counsel.
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Room left in the charter
Every share class can still issue.
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Room left in the pool
Every equity plan has shares available.
Decided, not derived
Nothing in a cap table reveals whether an auditor has been engaged. These are the items somebody has to answer.
Nothing recorded yet.