How do I add share classes?

Adding share classes for common stock is simple and enhances your company's equity management. Here's how:

1. Go to Share Classes screen

2. Add a Share Class:

   • Click 'Add Share Class' on the screen.

3. Fill Out the Form:

   • Complete all fields in the modal form including the following;

     • Par Value: Enter the nominal value of shares for accounting purposes.

     • Authorized Shares: Specify the maximum shares allowed; leave blank for unlimited.

     • Voting Rights: Choose "Yes" or "No" for shareholder voting capabilities.

4. Submit and Verify:

   • Click 'Submit' to save

FAQs:

• Why specify par value? It's used for accounting and affects financial metrics.

• What if I leave authorized shares blank? The balance is unlimited, offering flexibility.

• Do voting rights matter? Yes, they determine shareholder influence on company decisions.

For further assistance, consult your legal or financial advisor