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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
Example
A sample of what this play produces. Your result is generated for your inputs.
- Deal Name
- Nimbus Robotics (fictional example)
- Round Type
- down
- Prior Price Per Share
- 2
- New Price Per Share
- 1.2
- Post Ownership Total Pct
- 100
| Holder Name | Antidilution Type | Pre Ownership Pct | Adjusted Shares | Post Ownership Pct | Participated |
|---|---|---|---|---|---|
| Dana Vale, founder (fictional) | none | 55 | 55 | 41 | false |
| Employee option pool | none | 10 | 10 | 7.5 | false |
| Harborlight Seed Fund I (fictional) | weighted_average | 20 | 23.1 | 18.5 | true |
| R. Okafor, angel (fictional) | full_ratchet | 8 | 13.3 | 9 | false |
| Advisor pool | none | 7 | 7 | 4 | false |
| Ridgeline Growth Fund II (fictional) | none | 0 | 0 | 20 | true |
Opens soon
STUD opens runs for everyone soon, on every play at once.
Scope of the check
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.
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