# Issue shares and reserves

> Convert finalized financing records into issued ownership.

- Category: Issuances and equity events
- Type: task
- Audience: Company editors
- Last reviewed: 2026-08-25
- Canonical HTML: https://tekorax.com/help/equity-events/issue-shares/
- Content version: ad8e2b68931418c2

## Who can issue

A company editor can confirm the operation once every contract in the round is validated and the round itself is validated. The action is unavailable while another calculation is already running for the company; wait for it to finish and try again.

## Issue shares or reserves

1. Open the finalized round or contract and choose its issuance action.
2. Review the issuance summary and every affected stakeholder.
3. Confirm the effective date, share class, quantities, rights, and reserve treatment.
4. Submit once and wait for processing to complete; do not start a competing change.
5. Refresh the company and reconcile the resulting cap table with the issuance summary.

## Historical result

**Issuance is a high-impact historical event**

Public API and MCP clients cannot delete issuances. If an issued record is wrong, stop further activity and use only the controlled UX correction or erasure process available for that round and access level after reviewing all downstream effects.

## Reconcile immediately after issuance

Compare the post-issuance company total, share-class totals, and every affected stakeholder with the approved issuance summary. Confirm that the event appears on the intended date and that portfolio views reflect the same history. Investigate any discrepancy before recording another event.
