Event transactions are essential for restructuring your equity, adjusting share values, or reorganizing share classes.
All event transactions happen on the transactions page, accessible from the left menu.
To create any of these events:
Go to Transactions
Click “Add transaction” in the top right corner
Select the relevant transaction from the list
This article covers the three event-type transactions:
Share class conversion
Change nominal value
Split shares
Each one is explained clearly before showing how to add it in Unlisted.
Share class conversion
A share class conversion allows you to convert shares from one class to another.
This is useful when:
You merge or simplify share classes
You upgrade certain shareholders to a new share class
You convert preferred shares into common shares (or the reverse)
You prepare for an investment round or restructuring
Important: You need at least two share classes in your company to perform a conversion.
How to create a share class conversion
Click “Add transaction” → select Class conversion.
A sequence will open.
Fill in:
Name of the event
Date
Description (explain why the conversion is happening)
Then select:
The share class the shares will come from
The share class that will receive the shares
Upload any documents (board approval, shareholder agreement amendments, etc.) and click the arrow.
Choose the shares to convert
You have two options:
A) Add shares per shareholder
Choose specific shareholders and define exactly how many of their shares will be converted.
Use this when:
Only certain people are part of the conversion
The conversion does not apply to the full share class
B) Add all holdings relevant
This automatically selects all shares currently in the source share class and converts them.
Use this when:
You are converting the entire share class
You are unifying all shareholders into a new class
This option saves time and ensures full accuracy.
Convert the shares
Once ready, click “Convert.”
The transaction will now appear on your transactions page.
Change Nominal Value
The nominal value (also called par value or face value) is the base legal value of a share.
Changing it affects:
The company’s registered share capital
The accounting structure
Compliance with legal requirements
This transaction does not change ownership percentages; it only changes the value per share for legal accounting purposes.
How to create a change nominal value transaction
Click “Add transaction” → select Change nominal value.
A side panel opens.
Fill in:
Transaction date
Description
New nominal value
Add supporting documents (board approval, minutes, etc.).
Click “Add transaction.”
The transaction will be added to the list immediately.
You can then click on "confirm" to register the transaction. It will now appear in the cap table.
Split Shares
A share split increases the number of shares in the company by dividing each existing share into multiple new shares.
Example:
A 1:10 split (split multiple = 10) turns:
1 share → 10 new shares
100 shares → 1,000 new shares
Important:
The total value of the company does not change
Ownership percentages stay the same
The share price and nominal value decrease proportionally
Share splits are often used to:
Make the share price more accessible
Increase the number of shares available
Prepare for incentive programs or restructuring
How to create a split shares transaction
Click “Add transaction” → select Split shares.
A side panel opens.
Enter:
Date
Description
Split multiple → the number of new shares created per existing share
Unlisted will automatically show you a before/after preview, including:
Total number of shares
Share price
Nominal value per share
This helps confirm the split’s impact on your ownership structure.
Add documents if needed.
Click “Add transaction.”
The split will now appear in the transaction list.
You can then click on "confirm" to register the transaction. It will now appear in the cap table.
Conclusion
The event-type transactions let you adjust your company’s capital structure without issuing or transferring new shares.
Each transaction comes with a clear, guided flow so you can implement structural changes safely and accurately.