> ## 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.

# Audit log: full history of cap table changes

> Trace every cap table event — security issuances, governance approvals, token mints, and more — back to its source document or user action.

The audit log is a chronological record of everything that has ever happened to your cap table. Every time a stakeholder is added, a security is issued, a document is merged, an approval is granted, or tokens are minted, Launchboard writes an immutable event to the log. You can use the audit log to answer questions like "when was this grant issued?", "who approved this?", and "what document authorized this change?" — quickly and without hunting through email threads or spreadsheets.

Navigate to **Governance → Audit Log** (`/audit-log`) to view the full history.

## What the audit log shows

Each event in the log includes:

* **Timestamp** — when the event occurred, in your local timezone
* **Event type** — what kind of change happened (issuance, governance, document, tokenization, stakeholder change)
* **Description** — a plain-English summary of the action
* **Actor** — the user or system process that triggered the event
* **Provenance link** — a link to the source document in the Dataroom, where applicable

Events are listed in reverse chronological order — most recent first.

## Event types

| Event type             | Examples                                                          |
| ---------------------- | ----------------------------------------------------------------- |
| **Security issuance**  | New stock certificate issued, SAFE recorded, option grant created |
| **Stakeholder change** | Stakeholder added, wallet address updated                         |
| **Document merge**     | Extraction applied to cap table from a Dataroom document          |
| **Governance**         | Approval submitted, approval step approved, approval locked       |
| **Token mint**         | Tokens minted on-chain, transaction hash recorded                 |

## Provenance links

Every ledger event that originates from a document carries a link back to that document. Click any event with a provenance link to open the source document in the Dataroom — you can see the original PDF, the extracted data, and the seal hash if the document was signed.

This is Launchboard's bi-directional audit trail: every cap table state change traces back to the document that authorized it.

<Tip>
  During due diligence, share specific document links with investors or counsel directly from the Dataroom. The audit log gives you the trail; the Dataroom gives you the evidence.
</Tip>

## No orphan events

Every event in the Launchboard audit log has a documented source — either a Dataroom document (with its own extracted data and optional seal hash) or an explicit user action. There are no "orphan" events: you can always answer the question "where did this come from?"

This invariant is maintained automatically. When you merge a document, the resulting cap table records carry the document's ID. When you issue securities manually, the actor and timestamp are recorded. When tokens are minted, the on-chain transaction hash is stored on the security and referenced in the log.

## Using the audit log for due diligence

Investors and legal reviewers often ask for a complete history of cap table changes before a financing round or acquisition. The audit log gives you that history in one place.

<Steps>
  <Step title="Open the audit log">
    Go to **Governance → Audit Log**. You will see the full event history for your cap table.
  </Step>

  <Step title="Filter by date range">
    Use the date filter to narrow the log to a specific period — for example, all events since your last financing round.
  </Step>

  <Step title="Filter by event type or stakeholder">
    Filter by event type (e.g., show only issuances and governance events) or by a specific stakeholder to produce a focused history.
  </Step>

  <Step title="Share source documents">
    For any event with a provenance link, click through to the source document in the Dataroom. You can share the document URL, or download the signed PDF and its seal hash as evidence.
  </Step>
</Steps>

## Related pages

<CardGroup cols={2}>
  <Card title="Board actions" icon="shield-check" href="/governance/board-actions">
    Create and manage approval requests that authorize cap table changes.
  </Card>

  <Card title="Cap table reports" icon="chart-bar" href="/governance/reports">
    Generate ownership summaries and dilution analyses for investor meetings.
  </Card>

  <Card title="Dataroom overview" icon="folder-open" href="/dataroom/overview">
    Learn how documents are stored, extracted, and linked to cap table records.
  </Card>
</CardGroup>