Welcome, Carta Expert!
This page is part of an exclusive continuous education project for all the users that have been through our Certification Program.
The content on this page is meant to get you better acquainted with Carta’s tender offer solution, and more importantly, give you tools and resources to prepare your client for their upcoming secondary liquidity event.
Below is a tender offer preparation checklist, which mirrors the checklist our internal teams use when preparing your clients to launch a tender offer. Given your expert status, you may know how to do some of these steps, but if not, we’ve included recorded clips to show you how to complete each step.
| 1 |
HRIS integration Setting up an HRIS integration could save you a lot of time when you are dealing with employee data. Here is how you can get it done. |
| 2 |
Duplicate stakeholders Easily merge duplicate stakeholder entries. |
| 3 |
Governance documents Make sure Carta reflects authorized shares amounts and liquidation preferences accurately. |
| 4 |
Securities awaiting signature In order for stakeholders to participate in a tender offer, their securities must be accepted by them in their Carta portfolios. Here is how you make sure of it. |
| 5 |
Stakeholder names Make sure first names and last names are in the right places. |
| 6 |
Stakeholder types Individual or non-individual: learn how to identify it correctly. |
| 7 |
Placeholder emails No placeholder emails should be in your cap table and here is how you can identify and update it accordingly. |
| 8 |
Stakeholder relationships Employee, investor, consultant or other: you will want to make sure the relationships are properly reflected. |
| 9 |
Employee IDs Keep your employee IDs updated. |
| 10 |
Tax IDs Same as above, but with tax IDs |
| 11 |
Equity plan document Attach the correct documents to your equity plans and all amendments. |
| 12 |
Review option grants Here you will find three helpful checks to perform in option grants before running a tender offer. |
| 13 |
Import stakeholder addresses Easily import stakeholder addresses to Carta. |
| 14 |
Prepare HRIS addresses Make sure stakeholders with taxable relationships have their addresses correctly entered on Carta. |
| 15 |
YTD payroll data Here is how you import year-to-date payroll values into Carta. |
| 16 |
Local tax jurisdictions You will want to have it updated before going through the tax rates and jurisdictions you have in Carta. |
| 17 |
Non-US tax jurisdictions Learn how to quickly identify non-US tax jurisdictions. |
| 18 |
Cost basis and original acquisition date It is key that you have these updated before running a tender offer. |
| 19 |
Account health checks Carta will flag potential errors in your cap table and you might want to go through this feature before a tender offer. |
How to contact us:
Email us at certifications@carta.com
DISCLOSURE: This event is presented on behalf of eShares, Inc., dba Carta, Inc. (“Carta”). The content of this event is not, and no opinions or comments shared in this event should be treated or construed as, accounting, business, financial, investment, legal, tax, or other professional advice or services. This event is for information purposes only. The content of this event is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein and undertakes no obligation to update content. The opinions of the guests and host are their own and do not reflect the view of Carta or Carta’s affiliates. All product names, logos, and brands are property of their respective owners in the U.S. and other countries, and are used for identification purposes only. Use of these names, logos, and brands does not imply affiliation or endorsement.