How to Cancel Eqvista - Subscribed.FYI
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Eqvista
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Eqvista offers a comprehensive equity management platform designed to streamline cap table management, stock issuance, and 409A valuations. With user-friendly tools and advanced features, it enables businesses to efficiently manage ownership structures while maintaining compliance. Suitable for startups and growing companies, Eqvista simplifies equity governance and provides transparent shareholder management.

How to Cancel Eqvista

To cancel a share grant on the Eqvista platform, follow these steps:

Logging In and Selecting the Company Account

  • Log into your Eqvista account and select your company account from the dashboard.

Navigating to the Securities Section

  • From the company account dashboard, click on "Securities" and then on "Equities".

Accessing the Equity Class

  • On the Equities page, click on the equity class for which you want to cancel the share grant (e.g., "Class A"). This will display a list of all the share grants under this security type.

Selecting the Share Grant

  • Click on the specific share grant you want to cancel (e.g., "CA-002" for Steve Mark’s deal).

Initiating the Cancellation

  • On the grant details page, click on the "Actions" button located on the top right-hand side. A drop-down menu will appear; select "Cancel Grant".

Confirming the Cancellation

  • A new panel will appear asking if you are sure you want to cancel this grant. Choose whether it is a partial cancellation or a cancellation of all shares. For a full cancellation, select "Cancel all shares" and add the cancellation date. The amount will be filled automatically.

Submitting the Cancellation

  • Click on "Submit Cancellation" to complete the process.

Verification and Restoration Option

  • After submitting, a message will confirm that the grant has been canceled. You will also have the option to restore the grant if it was canceled by mistake.

Viewing Cancellation Details

  • To see the details of the cancellation, click on "Cap table" from the left-hand main menu, then select "Secondary Transactions" and finally click on the "Cancellations" tab. Here, you will see the details of all cancellations, including the recent one you just posted.

By following these steps, you can effectively cancel a share grant on the Eqvista platform.

Other Alternatives

Pulley simplifies equity management for startups and founders with its comprehensive platform for cap table management, 409A valuations, and expert advice. Streamlined, user-friendly, and essential for startups' growth and success.

Carta streamlines equity management for startups, ditching spreadsheets with intuitive cap table tools, simplified equity issuance, streamlined fundraising, automated compliance, real-time valuation, global capabilities, and a secure platform, empowering stakeholders for success.