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 detail 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 Basic Company Report on Eqvista
To obtain 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. Select your company profile and when you get to the dashboard, click on “Reports” from the left-side menu to reach the following page.
You will see that there are three main kinds of reports that you can choose from. The second report from here is the basic company report. Here, click on “Basic company report” and you will get the following message and the option to download it 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:
Step 2: To download this cap table, click on the “Generate report”. And the report would be downloaded in Excel format.
You can now click on this (if you downloaded the file on Chrome) to open the report. Or you can look for the downloaded document in the download folder of your computer.
Step 3: When you open the report, the first sheet will show you the details of what the report holds and the company name.
You can click on the other sheets to see the details of each accordingly.
Step 4: To see the complete report, you need to move to the next tab on the sheet. This is the “Shareholders” tab. Click on the tab name, and the next sheet will open up showing you all the shareholders in the company.
This sheet would 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.
Step 5: To view the next sheet which is the “Common equities” sheet, click on the tab with the name “common equities” at the bottom of the sheet. And 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).
Step 6: The next sheet that you will get in this report 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).
Step 7: 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 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).
Step 8: The next sheet would 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).
Step 9: The last sheet in this would be the “convertible notes” one. 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 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).