Create Basic Company Report on Eqvista
There are some instances where you might need your basic company report to share while making a deal as a founder. Keeping this in mind, Eqvista decided to help you with this so that you can easily get all the information you need with just a few clicks. If you have your company profile created on Eqvista, extracting the basic company report is easy. Here is how you do it.
BASIC COMPANY REPORT
But before we can talk about how to get your basic company report from Eqvista, let us understand what a basic company report is and where you will need it.
WHAT IS A BASIC COMPANY REPORT?
A basic company report is a report that includes all the primary issuances of the company. The report does not just show the main cap table and overview of things but also provides in-depth details of all the issuances that have taken place in the company. You will be able to see all the shareholders in the company, the common equities, the preferred equities, options, warrants, and convertible notes.
CREATE A BASIC COMPANY REPORT ON EQVISTA
To generate the basic company report on Eqvista is quite easy. Here is the step-by-step process to get it:
Step 1: Log into the application and select your company profile.
When you get to the dashboard, click on “Reports” from the left-side menu and select “Basic Company Report”.
Step 2: Here, you will get the following message and the option “Generate Report” as shown below.
The description of the report comes up as well which says, “This is Basic Company Report includes all the primary issuances of the company”. It also lets you know what details would be in the report.
The report holds the following details:
- Shareholders
- Common equities
- Preferred equities
- Options
- Warrants
- Convertible notes
To download, click on the “Generate Report” button.
Step 3: By clicking on this button, the report will be downloaded as an Excel sheet in your Downloads.
Step 4: Double-click the Excel sheet to open the downloaded report (you can also open it from the download folder in your system) the document will open.
When you open the report, it will have seven sheets with details. The first sheet will show you the details of what the report holds and the company name.
The remaining six sheets include details about:
A. SHAREHOLDERS
To view the sheet, click on the “Shareholders” tab, and the sheet will open up showing you all the shareholders in the company.
This sheet will display all the shareholders in the company. You will be able to see what role each shareholder in the company plays and when they were created.
B. COMMON EQUITIES
To view the next sheet, click on the tab with the name “Common Equities” at the bottom of the sheet. The next sheet will show up where you can see all the kinds of common equities that the company has.
Here, you will be able to see all the common shares that have been given out in the company, from which equity class, the shareholder who got it, the share certificate number, the number of shares, the vested shares (if any), the price per share, the ownership percentage of each of this shareholder based on what they have, the vesting plan name, the date it was issued, and notes (if any).
C. PREFERRED EQUITIES
The next sheet shows all the preferred shares in the company. To view this, click on the “Preferred Equities” tab at the bottom of the sheet.
Here, you will be able to see the security name from which the preferred shares were issued. Along with this, you will also see the shareholder that holds these shares, the grant name, the number of shares, the vested shares (if any), the price per share, the ownership percentage, the vesting plan name (if any), the date it was issued and notes (if any).
D. OPTIONS
The sheet also holds all the options that have been given out in the company. The next tab in the sheet would have the details of all the options given out in the company. To view this, click on “Options” from the bottom of the sheet.
Here you will see the security name from where the options were given out. You will also see the shareholder’s name who received the options from the options class, the grant name, the number of options given, the ones vested (if any), the exercise price, the ownership percentage, the vesting plan name (if there is any), date it was issued and notes (if any).
E. WARRANTS
The next sheet will let you know all about the warrants of the company. To view this, click on the “Warrants” tab at the bottom of the sheet.
Here on this sheet, you will see the security name – warrant name, the shareholder who received the warrant, the grant name (share certificate name), the number of warrants, the number of warrants that have vested (if a vesting plan is in place), the exercise price, the ownership percentage, the vesting plan name (if any), the issuance date, and notes (if any).
F. CONVERTIBLE NOTES
The last sheet in the report would be the convertible notes. To view this sheet, you will have to click on the “Convertibles” tab at the bottom of the sheet.
Here, you will be able to see all the shareholders who own a convertible debt in the company. The information in this sheet would be the shareholder’s name, the convertible note type, the note name, the principal amount, interest percentage, accrual frequency, conversion discount percentage, valuation cap, conversion trigger amount, early exit multiple, the maturity date, and notes (if any).
In short, this report would help you get a basic idea of who owns what in the company. Just like this, you can now use Eqvista to get your company’s basic company report. To know more, contact us today or just check out our support articles here!
