How to Round Share Price?

A share price is the price of a single share of a company. Eqvista offers an option to round the share price to six decimal places in the company settings. 

Here are the steps to follow:

Step 1: Log into Eqvista and select your company.

On the dashboard, click “Company” on the left to get a drop-down menu and then select “Profile”. 

Step 2: Once you click, you will be directed to the page that shows the details of your company. On the top right of the page, click “Edit” to edit the details of the company.

Note: There are three sections – Company Profile Overview, Authorized Shares Overview, and Financial Statements. To further understand the sections in detail, check out the support article here!

Step 3: There are two sections in the panel – Basic and Advanced. To change the share price rounding, you must click on “Advanced”.  A pop-up panel will appear, and you can change the share price rounding to a range of 0 to 6 decimal places.

In this case, we have selected 3 decimal places.

Once done, click on “Save”.

Step 4: With this done, the details of the share price rounding would be updated as shown below.

Step 5: You can view the rounding of the share price by clicking Securities to get a drop-down, and selecting Equities. Once you click the equity class, you get a list of shareholders issued under the class, along with the price rounded to three decimal places.

Then, click the grant name to view the equity grant details and share price rounding. 

In this case, click on the grant name “F-001” to view the share price rounding. 

In this way, you can round vesting and capital committed to decimal places in the company settings. 

If you want to understand Eqvista’s features, check out our support articles or contact us!