Cake centralizes board and shareholder resolutions inside a single board consent workflow: draft, circulate, e-sign, auto-store. On Cake, a resolution gets drafted against the specific equity event, circulated to directors for review, signed electronically by every required signatory, then automatically linked to the grant, round, or plan change it approves. Every signed resolution lives in one searchable, audit-ready record instead of scattered across email threads and shared folders, so due diligence prep takes minutes, not days.
A common failure mode starts small: a hiring manager gets a thumbs-up from the CEO over Slack, HR updates the option tracker, and the grant is issued. Everyone involved considers it approved. Then a law firm running Series A diligence finds no board consent resolution and no signed grant agreement for that hire, and the company spends weeks reconstructing a paper trail that should have existed from day one.
A workflow that automatically links every resolution to the grant it approves is what prevents that gap from opening in the first place.
For the exact steps, see the help center guide on sending resolutions and consents for electronic signing.
Never reconstruct a paper trail again
Every resolution moves through one workflow, draft, circulate, e-sign, auto-store, and lands in a single audit-ready record. With Cake, you can:
- Draft a resolution directly against the equity event it approves
- Collect e-signatures from every required director
- Have signed resolutions auto-linked to the grant, round, or plan change
- Search the full record instantly instead of digging through email
See how Cake's compliance tools work.
This article is designed and intended to provide general information in summary form on general topics. The material may not apply to all jurisdictions. The contents do not constitute legal, financial or tax advice. The contents is not intended to be a substitute for such advice and should not be relied upon as such. If you would like to chat with a lawyer, please get in touch and we can introduce you to one of our very friendly legal partners.
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