Calculator 16 • IRC Section 409A Common Stock Pricing
409A Valuation & Strike Price Estimator
Estimate your post-round IRC 409A common stock strike price using OPM preferred-to-common backsolve ratios and Discount for Lack of Marketability (DLOM).
1. Last Financing Round Inputs
Preferred Share Price
$3.00
100% headline price
409A Common Strike
$0.84
28.1% of Preferred
Grant Exercise Cost
$63,180
Cash to buy grant
Preferred Spread Value
$161,820
Headline vs. Strike
409A Valuation Waterfall (Preferred → OPM → DLOM)
| Valuation Step | Per Share | Implied Equity Value |
|---|---|---|
| 1. Headline Preferred Round Share Price (1x Liq Pref) | $3.00 | $45,000,000 |
| 2. Marketable Common Value after OPM Liquidation Backsolve | $1.17 | $17,550,000 |
| 3. Final 409A Strike Price after DLOM (Safe Harbor FMV) | $0.84 | $12,636,000 |