Once your target amount is reached we’ll work with you to finalise your Articles of Association. These are emailed to investors who then have seven working days to review them. We also carry out Anti-Money Laundering checks on investors at this time.
We’ll then work with you on Companies House filings, any special resolutions, board meeting minutes, signing off the issue of the new shares and any waivers or pre-emptions you may have.
We will then instigate the collection of funds from investors, deduction of fees from payment providers and our commission. It then takes 5 - 10 working days for the funds to be transferred to you.
Once we’ve finalised your cap table (the list of shareholders and the equity they own) we will issue share certificates on your behalf.
You then need to file your SHO1 form within one month of the allotment of shares (and the SHO2 if relevant), and we’ll introduce you to a third party to file your SEIS/EIS forms.