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Altering a Class

Nonto Mthembu
Nonto Mthembu
  • Updated

Altering the number of Authorized Shares is simple and easy to do! Just follow the steps listed below:

  1. Navigate to the profile of the entity whose class you wish to alter

  2. Navigate to the Securities > Classes section down the lefthand side of the screen

  3. Select the Class you wish to alter and a pop up will appear (Note: no changes can be made at this point)

  4. At the bottom right-hand side of the pop up, select Alter Class 

  5. Select Change Authorized Amount

  6. Fill in the Authorized Amount  and select a Transaction Date 

  7. Click Save

Video Instructions: