Early-Stage Fundraise Document Review Package

Are you closing a fundraise and were presented with a pack of legal documents? Making sure there are no red flags that can jeopardise your business is key so you cannot just sign and forget.

Instruct a business-driven, commercial lawyer with over 30 years of partner-level corporate experience to make sure there are no pitfalls in the documents you will be signing and get the peace of mind you deserve.

THE SERVICE OFFERED

The Service will Cover: 

• An initial 30-minute consultation to align objectives
• A high-level review of the supplied documents: An Offer Letter, Subscription Agreement, Service Agreement, IP Warranty and Option Agreement.
• An email with a set of comments outlining the red flags and high-level findings
• A closing call lasting no more than 30 minutes to explain any of the comments

The service excludes:

• Face to face meetings;
• Third-party negotiation
• A draft of a contract or legal document (please see below)

Assumptions this is based on:

• You understand that this is a review service that will highlight and advise in an email and in one follow up call (does not include redrafting or unlimited revisions)
• You understand that the service price refers to standard form documents
• You need to provide the documents (this is not a drafting service)
• You understand the service is subject to you passing AML, KYC, and Conflict Checks and engagement procedures

What you need to provide:

• Copies of the listed documentation and a good understanding of your business needs
• The first step after the purchase will be to provide verification of your identity and supply the following documentation so your adviser can carry out their ‘Know Your Customer’ (KYC) and ‘Anti-Money Laundering’ (AML) checks. Please have the following at hand but note that this may not be a complete list:
  • Company name, VAT number (if applicable), registration number
  • Key contacts and associated contact details including email and mobile
  • The names and home addresses of all directors
  • Home utility bill (no more than 3 months old) and passport for every person who owns or controls more than 25% of the voting rights of your business

I Hope to Hear From You Soon.

If you have any questions you would like to raise regarding this service, please get in touch by selecting the “Contact me” option at the bottom of my profile.

If you are also interested in further detailed advice not covered in the above, get in touch with an outline of your requirements. I will provide a tailored quote to meet your needs.

I hope to hear from you soon.

Richard Hierons, Hierons LLP