API · Manage · Equity
Create a share class.
Define a class of stock the entity can issue — common, preferred, or a numbered preferred series. The share class fixes the economic and governance terms (par_value, liquidation_preference, conversion_rights, voting_rights) that flow through to every grant and ledger entry against it.
Called at three points: at formation (one common class only), at the closing of every priced round (a new preferred series — Series Seed, Series A, etc.), and on a recapitalization (an amended class with new conversion or liquidation terms). The Certificate of Designations is generated and attached as certificate_of_designations_document_id; for non-Delaware jurisdictions the equivalent constitutive document is produced.
Share class kinds (kind) - common — voting common stock. Required for grants of iso, nso, rsu, rsa. Liquidation last in priority. - preferred — investor stock with a series label and structured liquidation_preference (multiple, participation), conversion_rights (ratio, automatic and optional triggers), and voting_rights (per-share or as-converted, protective provisions).
Prerequisites - Entity must be in registered or active state. - For a preferred series, an adopting board and stockholder resolution (or written consent) must already exist or be authored in the same transaction via resolution_id. - authorized must not exceed the entity's total authorized shares; expand the certificate of incorporation first if it does (POST /entities/{id}/filings with type: amendment).
Returns 202 Accepted. On completion, emits one of: grant.issued, share_class.created, valuation.created, share_ledger.entry_recorded. Subscribe via `POST /v1/webhook_endpoints` to consume. Idempotent via Idempotency-Key. See idempotency.
See also: Cookbook: issue a priced round, Equity API overview.
Last updated
Request Body
application/json
TypeScript Definitions
Use the request body type in TypeScript.
namestringRequiredkindstringRequired"common""preferred"seriesstringOptionalauthorizedintegerRequiredpar_valueobjectRequiredCurrency amount in the smallest unit (cents for USD).
amountintegerRequiredInteger in smallest unit. 100 = USD 1.00.
currencystringRequiredISO 4217 alpha-3, lower-cased.
liquidation_preferencenumberOptionalResponse Body
application/json
application/problem+json
application/problem+json
application/problem+json
Request
curl -X POST "https://api.mattermode.com/v1/entities/{id}/share_classes" \ -H "Content-Type: application/json" \ -d '{ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0 }'const body = JSON.stringify({ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0})fetch("https://api.mattermode.com/v1/entities/{id}/share_classes", { method: "POST", headers: { "Content-Type": "application/json" }, body})package mainimport ( "fmt" "net/http" "io/ioutil" "strings")func main() { url := "https://api.mattermode.com/v1/entities/{id}/share_classes" body := strings.NewReader(`{ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0 }`) req, _ := http.NewRequest("POST", url, body) req.Header.Add("Content-Type", "application/json") res, _ := http.DefaultClient.Do(req) defer res.Body.Close() body, _ := ioutil.ReadAll(res.Body) fmt.Println(res) fmt.Println(string(body))}import requestsheaders = { "Authorization": "Bearer sk_test_4eC39HqLyjWDarjtT1zdp7dc", "Matter-Version": "2026-06-10", "Idempotency-Key": "ee7c3a9b-3f1a-4d8e-9b2a-7c5e1f0a2d4b",}payload = { "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0}resp = requests.post( "https://api.mattermode.com/v1/entities/ent_Nq3KcAbc/share_classes", headers=headers, json=payload,)resp.raise_for_status()print(resp.json())import java.net.URI;import java.net.http.HttpClient;import java.net.http.HttpRequest;import java.net.http.HttpResponse;import java.net.http.HttpResponse.BodyHandlers;import java.time.Duration;import java.net.http.HttpRequest.BodyPublishers;var body = BodyPublishers.ofString("""{ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0}""");HttpClient client = HttpClient.newBuilder() .connectTimeout(Duration.ofSeconds(10)) .build();HttpRequest.Builder requestBuilder = HttpRequest.newBuilder() .uri(URI.create("https://api.mattermode.com/v1/entities/{id}/share_classes")) .header("Content-Type", "application/json") .POST(body) .build();try { HttpResponse<String> response = client.send(requestBuilder.build(), BodyHandlers.ofString()); System.out.println("Status code: " + response.statusCode()); System.out.println("Response body: " + response.body());} catch (Exception e) { e.printStackTrace();}using System;using System.Net.Http;using System.Text;var body = new StringContent("""{ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0}""", Encoding.UTF8, "application/json");var client = new HttpClient();var response = await client.PostAsync("https://api.mattermode.com/v1/entities/{id}/share_classes", body);var responseBody = await response.Content.ReadAsStringAsync();curl --request POST 'https://api.mattermode.com/v1/entities/ent_Nq3KcAbc/share_classes' \ --header 'Authorization: Bearer sk_test_4eC39HqLyjWDarjtT1zdp7dc' \ --header 'Matter-Version: 2026-06-10' \ --header 'Idempotency-Key: ee7c3a9b-3f1a-4d8e-9b2a-7c5e1f0a2d4b' \ --header 'Content-Type: application/json' \ --data '{ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0}'const response = await fetch("https://api.mattermode.com/v1/entities/ent_Nq3KcAbc/share_classes", { method: "POST", headers: { "Authorization": "Bearer sk_test_4eC39HqLyjWDarjtT1zdp7dc", "Matter-Version": "2026-06-10", "Idempotency-Key": "ee7c3a9b-3f1a-4d8e-9b2a-7c5e1f0a2d4b", "Content-Type": "application/json", }, body: JSON.stringify({ "name": "Waypoint Systems, Inc.", "kind": "common", "series": "string", "authorized": 1, "par_value": { "amount": 50000, "currency": "usd" }, "liquidation_preference": 0 }),});if (!response.ok) { throw new Error(`Matter API ${response.status}: ${await response.text()}`);}const data = await response.json();console.log(data);Response
application/json{
"id": "string",
"object": "share_class",
"entity_id": "ent_Nq3KcAbc",
"name": "Common Stock",
"kind": "common",
"series": "Series Seed",
"authorized": 0,
"issued": 0,
"par_value": {
"amount": 50000,
"currency": "usd"
},
"liquidation_preference": 0,
"conversion_rights": {},
"voting_rights": {},
"certificate_of_designations_document_id": "string",
"metadata": {},
"created": 1745539200,
"updated": 1745539200,
"livemode": false
}{
"type": "https://mattermode.com/docs/errors/invalid_request",
"title": "Invalid request",
"status": 400,
"code": "invalid_request",
"detail": "Request body could not be parsed as JSON.",
"doc_url": "https://mattermode.com/docs/guides/errors#invalid_request",
"request_id": "req_Qw9xYz8A"
}{
"type": "https://mattermode.com/docs/errors/authentication_required",
"title": "Authentication required",
"status": 401,
"code": "authentication_required",
"detail": "No bearer token was supplied. Pass `Authorization: Bearer sk_live_...` on every request.",
"doc_url": "https://mattermode.com/docs/guides/errors#authentication_required",
"request_id": "req_Qw9xYz8A"
}{
"type": "https://mattermode.com/docs/errors/rate_limit_exceeded",
"title": "Rate limit exceeded",
"status": 429,
"code": "rate_limit_exceeded",
"detail": "Request rate exceeded for this key. Retry after `retry_after` seconds or honor the `Retry-After` header.",
"doc_url": "https://mattermode.com/docs/guides/errors#rate_limit_exceeded",
"request_id": "req_Qw9xYz8A",
"retry_after": 30
}