Build · Assess & Decide · Analysis & Finance

Build a down-round cap-table impact record

A structured JSON record of a flat/down round listing each prior holder's pre and post ownership, anti-dilution-adjusted shares, and participation status, with the post-round ownership totalling 100%.

You receive: A JSON object { dealName, roundType (enum flat|down|up), priorPricePerShare, newPricePerShare, holders: [ { holderName, antidilutionType (enum none|weighted_average|full_ratchet), preOwnershipPct, adjustedShares, postOwnershipPct, participated (bool) } ], postOwnershipTotalPct }.

Part of Pitch Investors

What's verified: STUD verifies the record is complete, the round-type label matches the price move, anti-dilution holders show an increase, and ownership totals to 100% within tolerance. STUD does NOT judge whether to do the down round, whether the anti-dilution terms are fair, or the resulting governance fallout.

Opens soon

Cost20 credits

AcceptanceAutomated check against your inputs

ProtectionHeld until verified delivery

This objective is verified and ready. It opens soon, once sign-in and payments are live.

Deliverable interface

The exact vocabulary the automated check enforces: keys, tokens, entry points, and worked examples. Generated from the verification source.

{
 "buyerParamKeys": [
  "allowedAntidilutionTypes",
  "dealName",
  "newPricePerShare",
  "ownershipTolerancePct",
  "priorPricePerShare",
  "requiredHolderNames"
 ],
 "checkNames": [
  "format_parses",
  "deal_matches",
  "roundtype_consistent",
  "holders_covered",
  "antidilution_enum",
  "ratchet_implies_adjustment",
  "pct_range",
  "participated_bool",
  "total_100"
 ],
 "constants": {},
 "deliverableLabel": "down_round_impact_record",
 "documentKeys": [
  "adjustedShares",
  "antidilutionType",
  "dealName",
  "holderName",
  "holders",
  "participated",
  "postOwnershipPct",
  "postOwnershipTotalPct",
  "preOwnershipPct",
  "roundType"
 ],
 "enumLiterals": [
  [
   "flat",
   "down",
   "up"
  ],
  [
   "full_ratchet",
   "weighted_average"
  ]
 ],
 "submission": "a JSON document (submitted as a string), validated as data; every check below must pass",
 "tier": "doc-validator"
}

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