Hi, everyone! To make this fairly short and sweet, my team and I have agreed to restructure our cap table due to differing commitments as we have progressed. Currently, we are 7 months in, and each of us holds around a 33% stake in the company, divided evenly. After discussing it, we have decided to rearrange the split to a 45/40/15 split, but I have a couple questions.
First off, I know we can just outright buy all shares back since none of them have vested yet. We had a 12 cliff and a 48 month vesting period, so that is not a problem. However, if we do so this “late” into the game, would that look bad on us to potential investors?
Is it as simple as just buying them back and reissuing it with the necessary documentation?
Any help or advice on this would be greatly appreciated!