October was day one. The product launched as Minute Book Cloud on October 3 with a single workspace, a single corporation, and a directors register. By December 31 it had ten registers and ledgers, share certificates with QR-verified public verification, four paid tiers, five team roles, and customers using it as their primary system of record. This is the release that established the shape of the product.
What's in this release
- Corporation entity, share class structure, and authentication
- Three core registers: directors, officers, shareholders
- Two transactional ledgers: securities and share transfers
- Share certificate generation with QR-verified public verification URLs
- Paid plans (Free, Starter, Growth, Scale) with Stripe billing
- Three team roles: Owner, Editor, and Viewer with section scoping (on Scale)
- Two-factor authentication, IP logging, and continuous backups
The corporation entity and share classes
Everything in the product hangs off the corporation entity. October 13 was the first day you could create one in Minute Book Cloud, with name, jurisdiction, incorporation date, business number, and registered office. October 16 added share class structure with authorized counts, par value, voting rights, and dividend preferences. These two primitives quietly determine what's legal and what's not for every issuance and transfer that follows.
Three core registers
By the end of October, the three foundational registers were live: directors (Oct 20), officers (Oct 24), and shareholders (Oct 28). Each is structured, version-tracked, and queryable. Combined with the registered office tracking that shipped November 14 (with effective-date history rather than overwrites), these cover the most basic CBCA and state-corporation record-keeping requirements out of the box.
Securities register and share transfer ledger
November expanded the records side. The securities register (Nov 9) captures the transactional record of every issuance, transfer, conversion, and cancellation against the share classes. The share transfer ledger (Nov 12) goes deeper for transfers specifically: from-holder, to-holder, share class, count, date, consideration, and authorizing document.
Together they create a complete picture of how ownership has moved. The shareholders register answers "who owns what right now?" and these two ledgers answer "how did we get here?"
Share certificates with QR verification
This is the feature that gets the most attention from counsel and accountants. Share certificate PDF generation shipped November 6 with all the elements required by Canadian and US corporate statutes (corporation, holder, class, count, date, certificate number, signature block). Sequential certificate numbering per share class followed November 18.
December brought the real innovation: a unique QR code on every certificate (Dec 16) that resolves to a public verification URL (Dec 18) showing the certificate's current state (Dec 20). The difference between "a certificate that exists as a document" and "a certificate that exists as a queryable record" is the difference between a PDF in a folder and a verifiable claim a bank can confirm in five seconds without an account.
Plans, roles, and security
The product became a real SaaS in December. Paid tiers (Free, Starter, Growth, Scale) launched December 2, with Stripe checkout (Dec 6) and annual billing (Dec 4) following. Three roles shipped over the same period: Owner and Editor on December 8 (full control vs. operational access without billing), and Viewer on December 14 with read-only access for board members, investors with information rights, and auditors.
Security underpinned the entire quarter. Two-factor authentication via TOTP landed on Halloween (Oct 31). IP and timestamp logging on every meaningful action shipped November 24. Continuous backup with 90-day point-in-time recovery shipped December 28.
What it set up for January
By December 31, Minute Book Cloud was a credible corporate records platform. Customers were using it as their source of truth for the minute book side of corporate life. But the equity side, the cap table, was still living in spreadsheets.
That gap is what made January's Equity Vault integration possible: there was already a share register, share classes, and certificate infrastructure to attach a cap table view to. The foundation laid in Q4 2025 is what let January's integration land cleanly rather than as a parallel system.
By the numbers
- 3 months from launch to December 31
- 8 registers, ledgers, and document types
- 4 paid plans
- 3 team roles
- 26 changelog entries across Q4 2025
For the line-by-line view of every change shipped in Q4 2025, see the changelog.
See the full changelog
Want the line-by-line view of every change shipped during this release?
Open the changelog Start free