Locked decision: Delaware C-Corp via Stripe Atlas (~$500) — not Pakistan registration as the fundraising or IP vehicle.
Prerequisite: Founder equity & IP (Gate A) must be Ready — sole founder equity structure locked and IP assignment signed — before filing Atlas or inviting external investors.
Live gate status (code SSOT — flip only when real):
Investor sharing: Gate A ready— founders only; do not add investor emails to live auth yet
- Gate A — sole-founder equity + IP signed — Met. 90/10 + prior-invention schedule locked; sole-founder side letter signed + vaulted 2026-07-17. See Corporate Legal → Founder equity & IP.
- Atlas trigger — runway-sized committed check — Open. Primary path: committed check covering Atlas (~$500) + counsel + ops per Financials use-of-funds ($1.0M / 12 mo). Do not file on a Pakistan entity.
- Delaware C-Corp filed (Stripe Atlas) + stand-up — Open. Certificate / company kit, EIN, bank, founder stock + confirmatory IP assignments, option pool recorded.
- Entity docs populated in this room — Open. Replace Entity placeholders with real docs or private vault links (no secrets in public site deploy).
Sequencing (do not reorder)
Evidence + soft-raise pack: Phase 1–3 landed; Gate A met; ask $1.0M / 12 mo + post-close milestones Ready — soft raise is open — Use of funds · Milestone model. Demand signal accumulates in parallel — Pipeline.
Pre-formation (Gate A)
- Equity split locked in writing — 90% founder / 10% pool (Founder equity & IP)
- Vesting terms locked — 4yr / 1yr cliff; start = incorporation date
- Prior invention schedule complete — no carve-outs (schedule)
- IP assignment / side letter drafted (side letter)
- IP assignment / side letter signed by sole founder — 2026-07-17
- Signed PDFs in private vault (not git)
- Founder equity & IP status → Ready
- Gate A founder equity + IP signed — mark complete in founder configuration
Trigger for Atlas
File only when Gate A is Ready and one of:
- Runway-sized committed check / term sheet (primary path — covers Atlas + counsel + operating burn per Use of funds), or
- Interim budget for Atlas (~$500) + counsel buffer only if an angel advances formation as a reimbursable expense inside the SAFE principal
Also:
- One founder designated as incorporator / Atlas account owner
- Company name availability checked; domain/email for registered agent ready
- Flip
INCORPORATION_GATES.atlasTrigger.met→true
File and stand up the entity
- File C-Corp via Stripe Atlas (Delaware)
- Receive certificate of incorporation / company kit
- Obtain EIN
- Open company bank account
- Adopt bylaws / initial board consents (Atlas or counsel package)
- Issue founder restricted stock per Gate A split; file 83(b) elections within deadline if required
- Execute confirmatory IP assignments into the Delaware entity
- Create option pool (10% FD locked at Gate A) and record in cap table software (Pulley, Carta, or equivalent)
- Flip
INCORPORATION_GATES.delawareCorp.met→true - Post-Atlas: apply NVIDIA Inception (company-domain email + incorporation date) — only after this section is complete
Update this data room
- Replace Entity placeholders with real docs (or secure links — no secrets in public site deploy)
- Flip
INCORPORATION_GATES.entityDocsInRoom.met→true - Refresh Burn / Use of funds with entity-aware numbers if needed
- Follow Investor sharing — provision investor access only after all gates are met
Explicitly out of scope until Seed+ / Series A
| Item | Status page |
|---|---|
| GAAP history | GAAP |
| 409A valuation | 409A |
| Insurance | Insurance |
| Board minutes pack | Board minutes |
| Material contracts | Material contracts |
These stay N/A-until-stage in Document status so gaps are visible, not silent. Do not invent filings.