Glossary

Capitalization table

A capitalization table, or cap table, records a company's ownership securities and the holders of those securities. It may show ownership on issued and fully diluted bases.

Why it matters to a capital raiser

I keep it current so investors can understand existing ownership and the effect of new securities.

A term can mean something different in a particular deal, so read it with the governing documents. General education only. Not legal, tax or investment advice.