Do not hide a relevant executed agreement. Organize the history and explain how a later document changes or replaces it, with supporting evidence.
Make the chronology understandable
Keep dated signed copies and relevant acceptance or amendment records. An unexplained conflict may be harder to assess than a documented change; selectively presenting favorable clauses can misrepresent the investment. Present the history as one indexed bundle with a cover sheet listing every version in date order, marking each as executed, superseded or draft, and naming who holds the original.
A reader who can see the sequence will accept a change that a reader who discovers it will not. Where a document was signed and later replaced, keep both and describe the replacement, since removing the earlier one leaves an unexplained gap that is worse than the conflict. Hypothetical example: an investor in an e-labelling platform for prescribing information signed an early subscription agreement, then a restated one nine months later with different capital terms; the bundle shows both, states which the enterprise treats as operative, and attaches the bank record that matches one of them.
Where the two cannot be reconciled on the documents, say so and ask counsel how to present the position rather than choosing a version. Ask the enterprise for its own index as well and compare it with yours, since a version held by only one side is the one most likely to surface later.