How to create a share class in Intersect

Modified on Mon, 22 Apr, 2024 at 9:50 PM

TABLE OF CONTENTS



Adding a share class in Intersect couldn't be easier. Watch the short video or implement the super easy-to-follow steps below:




To effortlessly create a share class, follow the steps below:

Step 1: Add share class


In your company profile, navigate to the Share Classes tab, and click on "Add Share Class".


 

Step 2:  Add details of share class


In the Create New Share Class box, fill in the date that the share class was created. There is also an option to select the Incorporation Date of the company or the current date for your convenience. Name the shares and select the Share Type. You may note that the total authorized share information is directly retrieved from CIPC, as was initially registered on your company's Memorandum of Incorporation.  Click "Create Class" when you are done.


Step 3: Double-check the information displayed on the dashboard


Your Share Classes dashboard now reflects an updated view of your total share capital that CIPC has on file, as well as the shares you are about to allocate to the respective shareholder/s.



Last Update: 27 November 2023


 

 

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