> ## Documentation Index
> Fetch the complete documentation index at: https://docs.launchboard.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Review extracted data and merge to cap table

> Verify AI-extracted document data in the Inspector panel, validate against OCF, and merge to create cap table records with full provenance.

After Launchboard extracts data from a document, it moves to `PARSED` status and waits for your review. You verify the extracted fields in the **Inspector** panel, and once you're satisfied, you merge the document to create the corresponding cap table records. Every record created this way carries a permanent link back to its source document.

<Warning>
  Always review extracted data before merging. AI extraction is accurate in the vast majority of cases, but legal documents vary in structure and language. A missed field or an incorrect value will flow into your cap table — take a minute to check each field in the Inspector before clicking **Merge**.
</Warning>

## Reviewing and merging a document

<Steps>
  <Step title="Open the Inspector">
    In the Dataroom, click on a document with `PARSED` status. The **Inspector** panel opens on the right side of the screen, showing the extracted fields organized by category.
  </Step>

  <Step title="Review each extracted field">
    Work through the fields the AI extracted. Each field shows its extracted value. Check that names, amounts, dates, and other terms match what's in the document.
  </Step>

  <Step title="Approve or reject fields">
    For each field, you can approve it (confirming the value is correct) or reject it (flagging it as wrong). If you reject a field, you can edit the value directly or re-run extraction to try again.
  </Step>

  <Step title="Mark the document as Reviewed">
    Once you're satisfied with all extracted fields, click **Mark as Reviewed**. The document status updates to `REVIEWED`. This step is required before you can merge.
  </Step>

  <Step title="Merge to the cap table">
    Click **Merge** in the Inspector. Launchboard validates the extracted data against the Open Cap Format (OCF) schema. If validation passes, the data is written to your cap table as new records — stakeholders, securities, share classes, or other entities depending on the document type.
  </Step>
</Steps>

## The Inspector panel

The Inspector is where you interact with a document's extracted data. It shows:

* **Extracted fields** — the structured data pulled from the document, organized by type
* **Confidence indicators** — signals from the AI about how certain it is for each field
* **Document preview** — the original PDF alongside the extracted data so you can compare
* **Signatures section** — signer status and seal hash (when signatures have been requested)
* **Attestation section** — record of who reviewed and approved the document

## OCF validation

Before Launchboard allows a merge, it validates the extracted data against the [Open Cap Format (OCF)](https://github.com/Open-Cap-Format/open-cap-format) schema — an industry-standard format for cap table data. If the data doesn't pass validation, the merge is blocked and the Inspector shows which fields need attention. This prevents malformed data from entering your cap table.

## What a merge creates

When you merge a document, Launchboard creates the corresponding cap table records and links each one back to the source document:

| Document type                    | Cap table records created                               |
| -------------------------------- | ------------------------------------------------------- |
| **SAFE**                         | Convertible security linked to the investor stakeholder |
| **Incorporation docs / Charter** | Share class with authorized share count and par value   |
| **Board Consent**                | Governance record in the audit log                      |
| **Stock Option Agreement**       | Option grant linked to the grantee stakeholder          |

## Provenance

Every cap table entry created through a merge carries a provenance link — a permanent reference back to the document it came from. From the cap table, you can click **View source document** on any record to jump directly to the original PDF in the Dataroom. This gives you a complete audit trail from ownership data back to the legal agreement that authorized it.