How to Decrease a Pool
Step 1: Navigate to Transactions
Go to Ownership > Transactions in the main menu.
Step 2: Create a New Transaction
Click the + Add Transaction button in the top right corner.
Step 3: Select Pool Decrease
Choose Pool Decrease from the transaction type options.
Step 4: Fill in the Details
Enter the following information:
Pool: Select which pool you want to decrease
Date: Enter the effective date of the decrease
Number of shares: Specify how many shares to remove from the pool
Optional fields: Add any additional notes or references for your records
Step 5: Choose Decrease Type
You can decrease the pool from:
Authorized Capital: Reduces the pool and your company's total authorized share capital
Reserved Shares: Reduces only the reserved shares in the pool and returns them to a stakeholder you select. This decreases the pool size without changing your company's total authorized capital.
Step 6: Publish
Click Publish to finalize the transaction. The change will be reflected immediately in your cap table.
Need Help?
If you have questions about decreasing your pool size or how it affects your cap table, contact us at [email protected].