But should you? There are a couple of reasons you might not want to:
To accommodate these two you need to think about issuing only issuing 50-80% of authorized shares.
Therefore for the 10,000 shares, the shareholders split among themselves 80% of the 10,000 shares and leave 2,000 shares up for grabs later. The 2,000 shares are referred to unissued shares.
While you can always authorize additional shares, upon appropriate board and stockholder consent and government filling, keeping a good-sized reserve of unissued, but authorized shares means that you will not have to incur the transaction costs associated with increasing the authorized shares.
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