How to create a warrant block

Before you can issue warrants on Carta, a company account user with Full access permissions must create a warrant block by following these steps.

Log into Carta and navigate to Essentials > Manage equity > Warrants.
Click Manage warrant blocks and select Create warrant block from the dropdown menu.
Complete the warrant block details, entering a name, a prefix (for easy reference and organization), the board approval date, and the exercise price.
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Select the associated share class. Click the link below if you need to create the share class in Carta first.
Carta recommends creating a new warrant block for each associated share class.
Upload a default Warrant purchase agreement and Form of warrant. You can use placeholder files at this time and replace the documents later, if needed.
When you're finished, click Create warrant block.