Lux Cap Table

Domain library for cap table management, securities lifecycle, and compliance -- 26 packages, zero database opinion.

go get github.com/luxfi/captable

Architecture

luxfi/captable models the complete private securities lifecycle as interface-driven Go packages. No ORM, no database driver, no framework. Consumers implement repository interfaces and compose services.

Packages

Package	Purpose
captable	Companies, share classes, entries, ownership summaries, fully-diluted calculations
securities	Security instruments (equity, debt, convertible, warrant), CUSIP/ISIN, issuance/transfer/cancellation/conversion with immutable ledger
stakeholder	Investors, employees, advisors -- type tracking, accreditation, relationship history
safe	SAFE agreements (YC post-money templates: cap, discount, MFN, pro rata variants), conversion math
note	Convertible notes (CCD, OCD, simple), interest accrual (simple/compound, daily through continuous), maturity triggers
warrant	Common/preferred/broker/penny warrants, cash and cashless exercise
vesting	Time-based and milestone vesting, cliff, immediate vesting, custom tranches, performance conditions
compliance	Form D (506b/506c/504), blue sky filings per state, Reg D/Reg S/Rule 144 compliance checks
kyc	KYC/KYB submissions, AML screening, accreditation verification, pluggable provider interface
omnisub	Omnibus/sub-account structure (Alpaca OmniSub), positions, orders, corporate actions, tax lots, 1099/K-1 generation
transfer	Transfer restrictions -- Rule 144, lockup, ROFR, board approval
corporate	Corporate actions -- stock splits, reverse splits, mergers, spinoffs, reclassification
dividend	Dividend declaration, record-date processing, distribution calculation
document	Data rooms, document management, access control, audit trails
disclosure	PPM/subscription delivery and acknowledgment tracking
comms	Shareholder notices -- proxy, dividend, regulatory, K-1
exercise	Option and warrant exercise processing
conversion	SAFE and convertible note conversion to equity
settlement	Trade settlement tracking and reconciliation
scenario	Waterfall modeling, what-if analysis
valuation	409A valuation support, FMV tracking
tax	1099-DIV, 1099-B, Schedule K-1 generation
voting	Shareholder proposals, quorum, vote tallying
waterfall	Liquidation waterfall -- seniority, participation, caps
edgar	SEC EDGAR Form D adapter — XML schema marshal, SGML envelope, CIK/CCC auth, EDGARLink Online submission, amendment, status query
bluesky	State blue-sky notice adapter — NASAA EFD (49 states + DC) + real state-portal adapters (FL, TX, NY, CA, MA), per-state fee calculator

Securities Lifecycle

The library models the full lifecycle of private securities:

Authorization → Issuance → Vesting → Exercise/Conversion → Transfer → Cancellation
                  │                       │                    │
                  ├── SAFE ──────────────►├── Restriction ─────┤
                  ├── Convertible Note ──►│   Check            │
                  ├── Warrant ───────────►│   (Rule 144,       │
                  └── Option Grant ──────►│    Lockup, ROFR)   │
                                          │                    │
                                          └── On-chain ledger ─┘

Compliance Engine

pkg/compliance enforces securities exemption requirements:

Regulation D:

• 506(b): max 35 non-accredited investors, no general solicitation, pre-existing relationship required
• 506(c): all investors must be verified accredited (third-party verification), general solicitation permitted

Regulation S: Offshore sale verification, directed selling restrictions, compliance period tracking (40 or 365 days by category)

Rule 144: Holding period (6 months reporting, 12 months non-reporting), volume limits for affiliates, manner of sale requirements, Form 144 filing tracking

Blue Sky: Per-state filing tracking with status, fees, and expiration

OmniSub (Omnibus/Sub-Account)

pkg/omnisub implements the Alpaca OmniSub model for broker-dealer integration:

• Omnibus accounts with per-stakeholder sub-accounts
• Position tracking with cost basis
• Order lifecycle (pending, filled, partial, cancelled, rejected)
• Corporate actions applied to positions
• Tax lot tracking (FIFO, specific identification)
• Annual tax statement generation (1099-B, 1099-DIV, K-1)

Usage

import (
    "github.com/luxfi/captable/pkg/captable"
    "github.com/luxfi/captable/pkg/securities"
    "github.com/luxfi/captable/pkg/safe"
    "github.com/luxfi/captable/pkg/compliance"
)

// Implement repository interfaces with your database.
repo := myPostgresRepo{}

// Create and manage a company.
company := &captable.Company{
    Name:         "Acme Corp",
    EntityType:   "corporation",
    Jurisdiction: "DE",
}

// Issue a SAFE.
s := &safe.Safe{
    Type:         safe.PostMoney,
    Template:     safe.TemplatePostMoneyCap,
    Capital:      500000,
    ValuationCap: ptr(10000000.0),
    ProRata:      true,
}

// Run a Reg D compliance check.
check := &compliance.RegDCheck{
    Exemption:           "506c",
    AllVerifiedAccredited: true,
    TotalInvestors:       42,
    AccreditedInvestors:  42,
}

Testing

go test ./...

Papers

• Lux Threshold MPC -- on-chain ledger signing
• Lux FHE MPC Hybrid -- encrypted computation over securities data

License

Lux Ecosystem License v1.2.