Investment Amount: Price paid for warrants exercise
Round Size: Same as investment amount
Valuation: The implied valuation of the company at the exercise price
You may also choose to enter data in the Share Mode where you can specify
Share Price: Exercise Price
Shares Purchased: Shares purchased via warrants
Total Shares Owned: Total shares owned post-warrants exercise
Total Shares Issue: Shares purchased via warrants
Fully Diluted Shares Outstanding: Shares outstanding at the company after warrant exercise
The aggregate valuation of the company will reset to the exercise price, so the next step is to add a Valuation Update event to recalibrate the aggregate valuation to the current aggregate valuation.
Method 2: Ownership Update
Alternatively, you can also simply add an Ownership Update event to reflect the new ownership in the company post-warrants. In this approach the price paid for the warrants is not captured in the invested amount into the company.