Onboarding Improvements: We’ve made new enhancements to our data import to support more specificity for early exercise grants, better identification of securityholders that are entities, and additional validation for grants with unknown vesting type.
Partial Share Handling in a Reverse Split: To ensure that the count of total shares granted remains consistent in the event of a reverse stock split with rounding for partial share calculations, we've added a system check that verifies the aggregate share amounts.
Update to Change Corporate Officers Workflow: If an officer being removed in the Change Corporate Officer workflow was a signatory for stock certificates, the workflow will ensure that stock certificate settings are updated. This new step ensures there is always at least one officer designated for each required stock certificate signature.
January 14, 2024
Repricing Visibility: When the company reprices a grant, you will now see the repricing history on the Grant Details page.
409A Draft Updates: We made it easier for 409A valuation providers to upload a revised 409A Report draft. This improves the platform connectivity between the client and their 409A vendor.
Workflow Status Modal: We improved the loading speed of the workflow status screen.
Pending Third Party Relationships: The export of the Companies and Firms directory now provides a clearer representation of pending relationship requests. You can now see if the relationship is active, and for those that are pending, the spreadsheet displays the name and email associated with the invitation.