{"id":1431,"date":"2017-10-05T00:00:00","date_gmt":"2017-10-05T00:00:00","guid":{"rendered":"http:\/\/www-staging.carta.com\/sg\/blog\/feature-update-fractional-shares\/"},"modified":"2021-03-05T06:54:03","modified_gmt":"2021-03-05T06:54:03","slug":"feature-update-fractional-shares","status":"publish","type":"post","link":"https:\/\/www-staging.carta.com\/sg\/blog\/feature-update-fractional-shares\/","title":{"rendered":"Feature Update: Fractional Shares"},"content":{"rendered":"\r\n<p><em><a href=\"https:\/\/www-staging.carta.com\/sg\/\" target=\"_blank\" rel=\"noopener noreferrer\">Carta<\/a> now supports fractional shares. Whether you&#8217;re a C-Corp, LLC, or private equity fund, you can manage your fractional shares on Carta. Fractional shares are supported up to 20 decimal places.<\/em><\/p>\r\n\r\n\r\n\r\n<p><em>Here are a few scenarios where fractional shares are commonly used.<\/em>\u00a0<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p><strong>Stock splits<\/strong><\/p>\r\n\r\n\r\n\r\n<p>Stock splits may generate certificates that have decimal share quantities. Now our platform allows users to perform any stock splits without worrying about fractional shares.<\/p>\r\n\r\n\r\n\r\n<p><strong>Dividends<\/strong><\/p>\r\n\r\n\r\n\r\n<p>Having fractional shares is an optimal solution to reinvest dividend cash immediately. Companies that allow Dividend Reinvestment Plans (DRIP) will benefit from having fractional shares.<\/p>\r\n\r\n\r\n\r\n<p><strong>Mergers and acquisitions (M&amp;A)<\/strong><\/p>\r\n\r\n\r\n\r\n<p>During a merger or acquisition, common stock is typically combined using a conversion ratio. The result may leave shareholders with fractional shares. Supporting fractional shares ensures that no stakeholders lose out on a portion of their stock during these events.<\/p>\r\n\r\n\r\n\r\n<p>Fractional shares will look like this in your cap table:<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img src=\"https:\/\/www-staging.carta.com\/sg\/wp-content\/uploads\/sites\/9\/2017\/10\/Pasted_image_at_2017_10_04_02_22_PM-1507223316921.png\" alt=\"\" title=\"\"><\/figure>\r\n\r\n\r\n<hr class=\"wp-block-separator\" \/>\r\n\r\n\r\n<p>Interested in seeing more? <a href=\"https:\/\/www-staging.carta.com\/sg\/requestdemo\" target=\"_blank\" rel=\"noopener noreferrer\">Request a demo<\/a> to talk to one of our experts.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Starting today, Carta is proud to support fractional shares on a cap table, one of the few platforms with this feature.<\/p>\n","protected":false},"author":39,"featured_media":2077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[11,7,13],"acf":[],"_links":{"self":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/1431"}],"collection":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/comments?post=1431"}],"version-history":[{"count":0,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/1431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media\/2077"}],"wp:attachment":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media?parent=1431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/categories?post=1431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/tags?post=1431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}