A cap table tracks a company’s ownership and equity records, while a 409A valuation determines the fair market value of common stock. This article explains the difference, why valuation support matters when changing providers, and what Pulley customers should consider as they migrate their cap table and prior 409A valuation work.

Pulley customers moving to Carta should confirm who will support and defend their historical 409A valuations after the transition. This article explains what Carta’s assisted migration does and does not publicly address, what companies should ask before relying on an inherited valuation, and how Redwood can provide independent 409A valuation and audit support.

With Pulley shutting down, companies may need a new 409A valuation provider. Learn how to switch from Pulley to Redwood, what records to transfer, how prior valuations are handled, and how Redwood supports audit questions during the transition.

Pulley is shutting down and transitioning customers to Carta, raising an important question for companies with Pulley-issued 409A valuations: who will support those valuations if they are challenged? Learn what Pulley customers should consider when choosing independent 409A valuation support.

Pulley is shutting down and transitioning customers to Carta. This article examines the market pressures and business dynamics surrounding the closure, what consolidation could mean for customers, and why companies should consider how the transition affects their 409A valuation support.