Equity Ownership Centre
The Equity Ownership Centre provides shareholders, employees, investors, and eligible stakeholders with information about the ownership structure of Gamezon Space Corporation and the principles governing the allocation, vesting, transfer, and recording of company shares.
Its purpose is to promote transparency, clarity, and responsible equity ownership while providing shareholders with access to relevant ownership information and resources.
Ordinary Shares
Ordinary shares represent an ownership interest in Gamezon Space Corporation. Holders of ordinary shares may have rights that can include voting rights, dividend rights, participation in distributions, and rights to receive information, subject to the company's constitutional documents, shareholder agreements, applicable law, and the specific class or terms of shares held.
Ordinary shares may be issued or allocated to founders, employees, investors, or other eligible parties following appropriate corporate approvals.
Key Features
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Represents an ownership interest in Gamezon Space Corporation.
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May carry voting rights, subject to applicable corporate documents.
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May provide eligibility for dividends when dividends are lawfully declared.
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May participate in distributions upon certain corporate events, subject to applicable rights and priorities.
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Ownership is recorded in the company's official shareholder records.
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Shares may be subject to transfer restrictions or other contractual conditions.
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The rights attached to shares may vary depending on the class and governing documentation.
1. Founder Ownership
Founder ownership represents the equity retained by the individuals who established and developed Gamezon Space Corporation.
Founder shares may reflect the founder's contribution to the company's creation, intellectual property, strategic development, leadership, and long-term commitment.
Founder Equity May Include
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Founder's initial shareholding
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Founder ordinary shares
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Founder voting rights
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Founder reserved matters, where applicable
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Founder vesting or reverse-vesting arrangements
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Founder transfer restrictions
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Founder lock-up provisions
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Founder participation in future financing
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Founder rights under shareholder agreements
Founder Ownership at Gamezon
The company's current internal ownership framework may include a Founder allocation and an Employee Share Ownership/ESOP pool, with additional shares potentially being issued to investors through approved financing rounds.
Any specific ownership percentage displayed on GSRS is based on the company's latest approved capitalization records rather than assumptions or historical percentages.
2. Employee Share Ownership
Employee Share Ownership enables eligible Gamezon employees to participate in the company's long-term value creation.
Rather than relying solely on salary and traditional benefits, employee equity can give qualifying employees an opportunity to share in the potential future growth of the company.
Eligible Participants May Include
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Senior executives
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Key employees
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Technical employees
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Product and engineering teams
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Management personnel
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Strategic hires
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Other employees approved under the applicable equity programme
Employee Equity May Be Provided Through
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Ordinary shares
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Share options
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Restricted shares
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Restricted stock or equivalent arrangements
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ESOP awards
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Other equity-linked instruments permitted by the company
Employee equity is subject to eligibility requirements, company approval, applicable agreements, and the terms of the relevant equity programme.
3. Employee Share Option Plan (ESOP)
The Employee Share Option Plan (ESOP) is designed to provide eligible employees with an opportunity to participate in Gamezon's ownership.
An option generally gives an eligible employee the right, but not necessarily the obligation, to acquire shares in the future under specified terms.
ESOP Components
1. Eligibility
Employees must satisfy the eligibility requirements established by the company.
2. Grant
The company determines the number and type of options granted to an eligible employee.
3. Vesting
Options may become exercisable progressively over a defined vesting period.
4. Exercise
Once vested, eligible options may be exercised according to the applicable ESOP rules.
5. Expiry
Options may expire if they are not exercised within the applicable period.
6. Termination
The treatment of vested and unvested options following resignation, termination, retirement, death, disability, or other circumstances is determined by the ESOP documentation.
Example Vesting Structure
A potential structure could be:
4-Year Vesting
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Year 1: 25%
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Year 2: 25%
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Year 3: 25%
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Year 4: 25%
The actual vesting schedule for each employee should be determined by the employee's individual award agreement.
Important
An ESOP award does not automatically mean that an employee immediately owns the underlying shares. Ownership may arise only after applicable vesting and exercise or other conditions have been satisfied.
4. Investor Shares
Investor shares are shares issued or transferred to investors in connection with an approved investment or financing transaction.
Investors may acquire equity through financing rounds such as:
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Pre-Seed
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Seed
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Series A
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Series B
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Later-stage financing
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Strategic investment
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Other approved corporate transactions
Investor Information May Include
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Investor name
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Number of shares
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Share class
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Subscription price
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Ownership percentage
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Investment amount
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Date of issuance
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Applicable shareholder rights
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Transfer restrictions
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Investor agreement information
Investor rights depend on the specific securities issued and the applicable investment and shareholder agreements.
Investor Protection
Depending on the financing structure, investors may receive contractual rights relating to matters such as:
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Information access
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Voting
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Pre-emption
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Participation in future financing
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Transfer rights
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Anti-dilution protections
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Board representation
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Reserved matters
These rights are not automatically attached to every ordinary share and must be determined by the applicable legal documentation.
5. Share Allocations
Share allocation refers to the process through which the company determines how shares or equity awards are distributed among eligible stakeholders.
Potential Allocation Categories
Category Purpose
Founder Shares Founder ownership
ESOP Pool Employee equity participation
Employee Shares Direct employee ownership
Investor Shares Capital-raising transactions
Strategic Shares Approved strategic arrangements
Other Shares Other legally approved allocations
Allocation Process
A typical allocation process may involve:
1. Eligibility Assessment
Determine whether the individual or entity qualifies.
2. Allocation Proposal
Determine the proposed number and type of shares or equity awards.
3. Approval
Obtain required Board, shareholder, or other corporate approvals.
4. Documentation
Execute applicable agreements and supporting documentation.
5. Issuance or Grant
Issue shares or grant the applicable equity award.
6. Recordkeeping
Update the company's official capitalization and ownership records.
7. Confirmation
Provide applicable ownership or award documentation to the shareholder or participant.
6. Vesting Arrangements
Vesting determines when an employee, founder, executive, or other eligible participant becomes entitled to the underlying equity.
Vesting is commonly used to encourage long-term commitment to the company.
Typical Vesting Structure
A company may use a four-year vesting period, potentially incorporating a one-year cliff.
For example:
Grant Date → 12-Month Cliff → Monthly/Quarterly Vesting → 48-Month Full Vesting
Under a four-year arrangement with a one-year cliff:
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Nothing may vest before the first anniversary.
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25% may vest after the first year.
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The remaining 75% may vest progressively during years two through four.
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100% may become vested after four years, assuming all applicable conditions are satisfied.
Vesting Conditions
Vesting may depend on:
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Continued employment
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Service requirements
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Performance conditions
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Company milestones
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Individual objectives
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Time-based requirements
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Other conditions established in the applicable agreement
Accelerated Vesting
Certain agreements may provide for accelerated vesting following specific events, such as:
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Change of control
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Acquisition
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Merger
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Termination without cause
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Other defined corporate events
Any acceleration must be governed by the applicable legal agreement.
7. Equity Dilution
Equity dilution occurs when a company issues additional shares or securities, resulting in existing shareholders owning a smaller percentage of the company on a fully diluted basis.
Example
Suppose:
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Founder owns 800,000 shares
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Total shares = 1,000,000
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Founder ownership = 80%
If the company later issues 500,000 new shares:
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Founder still owns 800,000 shares.
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Total shares become 1,500,000.
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Founder ownership becomes approximately 53.33%.
The founder's number of shares has not decreased, but their percentage ownership has decreased.
Common Causes of Dilution
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New investment rounds
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Creation or expansion of an ESOP
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Employee equity grants
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Strategic investments
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Acquisition transactions involving shares
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Conversion of convertible securities
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Exercise of share options
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Other approved equity issuances
Managing Dilution
Gamezon may monitor dilution through its capitalization table and financing models to understand the impact of future equity issuance on existing shareholders.
8. Share Transfers
A share transfer occurs when ownership of shares moves from one shareholder to another.
Transfers may occur through:
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Sale
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Gift
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Estate transfer
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Internal restructuring
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Approved employee transactions
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Secondary transactions
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Other legally permitted arrangements
Transfer Process
A typical transfer may require:
1. Transfer Request
The shareholder submits the proposed transfer.
2. Documentation
Required transfer documents and supporting information are provided.
3. Compliance Review
The company reviews applicable KYC, AML, shareholder agreement, and regulatory requirements.
4. Approval
Required corporate approvals or consents are obtained.
5. Registration
The ownership records are updated following completion.
6. Confirmation
The relevant parties receive confirmation of the updated ownership record.
Transfer Restrictions
Shares may be subject to restrictions including:
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Right of first refusal
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Pre-emption rights
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Board approval
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Shareholder approval
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Lock-up periods
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Securities-law restrictions
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Investor agreement restrictions
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ESOP restrictions
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Restrictions contained in the company's constitutional documents
A shareholder should not assume that shares can be freely transferred without reviewing the applicable documents.
9. Capitalisation Information
Capitalisation information provides an overview of the company's equity structure.
A capitalization table, commonly known as a cap table, records ownership and securities issued or reserved by the company.
A Cap Table May Include
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Total authorized shares
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Issued shares
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Outstanding shares
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Founder shares
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Employee shares
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ESOP pool
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Investor shares
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Options
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Warrants or other securities
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Fully diluted ownership
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Share classes
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Ownership percentages
Example Illustrative Structure
Ownership Category Illustrative Allocation
Founder 80%
Employee/ESOP Pool 20%
Investors Issued through financing rounds
Total 100%+ depending on financing structure
Important: This table is illustrative and should not be treated as Gamezon's current legal capitalization table. Once external financing or additional securities are issued, the capitalization structure may change.
Fully Diluted Capitalisation
Fully diluted capitalization considers the potential impact of securities that could become shares, including:
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Outstanding options
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Unexercised ESOP awards
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Warrants
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Convertible securities
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Other applicable equity instruments
This provides investors and management with a clearer picture of potential ownership after all relevant securities are taken into account.
10. Ownership Records
Ownership records are the official records used to establish and maintain information about Gamezon's shareholders and their holdings.
The Gamezon Shareholder Registration Service (GSRS) is intended to support the administration of these records and related shareholder services.
Ownership Records May Include
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Shareholder legal name
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Shareholder identification information
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Shareholder type
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Number of shares
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Share class
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Ownership percentage
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Acquisition/issuance date
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Transaction history
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Transfer history
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Applicable restrictions
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Share certificates or ownership documentation
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Relevant corporate approvals
Maintaining Accurate Records
Shareholders should promptly notify GSRS of relevant changes, including:
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Name changes
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Address changes
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Contact information changes
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Bank/payment information where applicable
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Legal entity changes
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Estate or succession changes
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Other information required for shareholder administration
Record Verification
Shareholders may be required to complete identity verification and provide supporting documentation before certain ownership records can be created, changed, transferred, or accessed.
Your Equity, Your Information
The Equity Ownership Centre is designed to give Gamezon shareholders and eligible participants a clear understanding of how equity ownership works.
Understand your shares.
Understand your rights.
Keep your records current.
Stay informed about your ownership.
Important Disclaimer: This information is provided for general educational and administrative purposes and does not replace the company's constitutional documents, shareholder agreements, investment agreements, ESOP documentation, securities documentation, or applicable law. In the event of a conflict, the applicable legal and corporate documents prevail
