ownership

Ownership Structure

Surface which preferred stockholders hold voting power and would typically need to consent for major corporate actions (financing rounds, M&A, charter amendments).

Prerequisites

You need the corporation_id. Get it from list_accounts if you don't have it.

Data Retrieval

1. fetch("cap_table:get:rights_and_preferences", { corporation_id })
2. fetch("cap_table:get:cap_table_by_stakeholder", { corporation_id })

Key Fields

From share classes:

• name: class name (e.g. "Series A Preferred")
• stock_type: "PREFERRED" or "COMMON"
• votes_per_share: voting weight (0 = non-voting)
• seniority: liquidation seniority rank (higher = senior)

From cap table by stakeholder:

• Per-stakeholder share counts and ownership % broken down by share class

Step 1 — Fetch Share Classes

fetch("cap_table:get:rights_and_preferences", { corporation_id })

Step 2 — Fetch Cap Table by Stakeholder

fetch("cap_table:get:cap_table_by_stakeholder", { corporation_id })

This returns per-stakeholder ownership broken down by share class.

How to Present

See Step 4 below for table format.

Step 3 — Identify Preferred Holders

From the share class data, identify preferred classes (stock_type = "PREFERRED" or votes_per_share > 0).

From the cap table, identify stakeholders holding preferred shares. Sort by:

1. Seniority (most senior first)
2. Fully diluted ownership % (descending)

Step 4 — Present Results

Preferred Stockholders with Voting Rights

Holder	Share Class	Shares	FD %	Votes/Share	Seniority
...	...	...	...	...	...

Common Stockholders (if relevant — founders, employees)

Holder	Shares	FD %
...	...	...

Important Note

Carta surfaces share ownership and voting structure, but does not expose actual consent thresholds or protective provision terms — those live in the Stockholders' Agreement and Certificate of Incorporation. This data identifies who holds voting preferred shares; an attorney must interpret what approvals are required and at what thresholds.

If the user asks about specific thresholds (e.g., "do we need 60% of Series A to approve?"), acknowledge the limitation and recommend reviewing the governing documents.