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.