How Do I Increase or Decrease a Security Authorized Amount?

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Most companies just starting out usually start with 10,000,000 as an authorized amount for their common security. When you create a security in Shareworks Startup, it defaults to this amount if no amount is defined. If needed, you can edit this amount by going to Security Classes > Security Name:

From here select Actions > Edit:

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Note: “Edit” should only be used to enter the original amount when the security was created. Any changes to the authorized after that should be recorded under Adjust Authorized in that same menu:

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