The fair market value of a company’s share provides you with a rough estimate of certain stocks in the open market.
Note: the FMV of a company’s 409a valuation is applicable for 12 months after the valuation date unless there is a significant material event.
The uniqueness of Eqvista is that you can add fair market value. It also keeps track of all your records and previous valuation results. Check out our support guide to learn how to add fair market value on Eqvista.
The FMV of your company’s shares determined by Eqvista can be changed and deleted by you. Still unsure how?
Here are the steps to follow:
Step 1: Log into your Eqvista account and select the company profile to edit the fair market value. From the dashboard, click on “409A Valuation” on the left-hand side of the menu.
Here, click on “Manage Fair Market Value (FMV)” on the right-hand side of the page.
Step 2: Once you do this, you will be redirected to the next page where you can edit the fair market value.
Step 3: To edit the values, click on “Action” on the right-hand side to get the mini drop-up menu as shown below.
Here, you will see two options – edit and delete. Edit is for changing the details, and the delete option will delete the valuation. To edit, click on “Edit”.
Step 4: By doing this, you can change the fair market value, total valuation, source, and expiration date as shown below.
Once you have done this, click on “Save”.