Edit or Delete Share Classes

Update share class details or remove unused share classes from your cap table.

How to Edit or Delete Share Classes

1. Go to Ownership from the main menu

2. Select Share classes from the dropdown

3. Find the share class card you want to modify

To Edit:

• Click the Edit button

• Update the available fields (share class code, name, voting rights, dividend payouts)

• For US companies: Update the total authorized shares for each share class here

• Click Save

Note: Editing a share class will update the class code and name for all existing transactions linked to this share class.

To Delete:

• Click the Delete button

• Confirm deletion

Important: You cannot delete a share class that has outstanding transactions. You must first delete those transactions before removing the share class.

What Happens When You Edit

When you edit a share class, all existing transactions using that share class will automatically reflect the updated information. This ensures consistency across your cap table.