Longer version I joined the company mid-pivot, after they had just closed a fairly large round of funds, which pushed up the e strike price to very high levels. While there, we burned through a good chunk of that money, and I am aware of 3 other times the company raised cash, albeit not publicly known about (revolving debt via a bank, some high-net-worth-people investment and some "partnerships" that included money).
Just before I left the company, there was a stock option repricing that brought the price down ~66%, although I was a bit unclear on the details of it. I still decided not to buy more of my options, even at this new price, due to the aforementioned worries. The reason I bought 1 share is so that I can judge whether I made a mistake or not. I'm using this as a learning experience, whether I have good judgement for whether a company's stock is worth anything. Friends of mine who were at the company years before I joined chose to forfeit their options which were in the $1/share range, and mine were in the $30 range (after the repricing, they were $90+ before), and they'll never really know if they left a good chunk of money behind or not. I'd rather know!
However, I've been unable to find out why this repricing happened, or any information about the fund raising activity. I've searched SEC.gov for company filings, but they end back in 2013--my guess is that the JOBS act changed this sort of reporting? Some companies still seem to file documents, but it seems that it's no longer required.
Summary: Does anyone have experience with tracking former companies' financial activities and how it pertains to current stock ownership?