Frazier Capital provides authoritative valuation services for complex securities, including options, warrants, and preferred stock. These instruments require more than straightforward equity valuation: they often carry embedded rights, conversion features, liquidation preferences, and participation rights that significantly affect their economic value. Our team leverages advanced financial models—such as Black-Scholes, binomial lattice, and Monte Carlo simulations—along with market comparables and current deal terms to capture the true risk, return, and dilution implications of each security.

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Our work extends across industries and transaction types, including early-stage venture financings, recapitalizations, buyouts, mergers and acquisitions, and compliance with ASC 718, ASC 820, and IRC Section 409A. We regularly assist boards, CFOs, and legal advisors in determining the fair value of convertible and preferred instruments for financial reporting, tax, and litigation purposes.

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Frazier Capital is trusted to evaluate situations where layered preferences, anti-dilution provisions, or exit scenarios create highly asymmetric payoffs between security classes. Our valuations have been relied upon in SEC filings, Big Four audit reviews, and high-stakes negotiations with investors. Whether assessing the fair market value of a single class of preferred stock or an entire capital stack of equity instruments, we provide clarity, rigor, and defensible results that withstand regulatory and professional scrutiny.