Log a merger

Cancel and issue shares to log a merger.

To log a merger between different entities within Corporify, you will need to cancel the remaining shares of the soon to be dissolved entity (B) and issue new shares in the absorbing, remaining entity (A).

Step 1: cancel the remaining shares within B. 

Step 2: change the status of B to 'Dissolved'. The status of the entity can be found in the entity details. 

Step 3: register a capital increase in A, being an issuance of the original shareholders of B.