How to delete drafted shares

Issue Shares | Issue Securities | Delete Drafted Shares

Wendy Canady avatar
Written by Wendy Canady
Updated over a week ago

The drafted shares tab is used to assign equity securities to individual shareholders and link to the relevant share terms, equity incentive plan (in the case of restricted shares), and financing round, as well as vesting schedule if applicable. The steps below detail how to delete existing drafted shares if you need to for any reason.

Navigate to the Draft Securities page to delete drafted shares

  1. Sign in to Cyndx and go to the Owner tab

  2. On the left-hand navigation bar, click the Securities drop down

  3. From the drop down menu, click on Draft Securities

  4. On the Draft Securities page, go to the Shares tab

  5. Click the Actions menu (arrow icon) to the right of the share you would like to delete

  6. Select the option to delete the share

Delete Drafted Share

7. You will be asked “Are you sure you want to delete this share?”
Select Yes to proceed

Example

Delete Drafted Share

See also: After I draft shares, how do I issue drafted shares?

Related articles: How to draft, edit, and view shares, and how to draft warrants, convertibles or options

Read more on shares in our Cap Table Glossary

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