Once you’ve hit your target we’ll close your pitch and begin the completions process. This usually takes up to a month to complete and will include the following;
Cooling off period
When you have fully funded we will send the Summary of Key Information to investors for review. They typically have a 4 day cooling-off period to consider their investment after which it becomes legally binding.
Approvals and completion formalities
We’ll provide draft board minutes and special resolutions for you to circulate to shareholders. You can use these or work with your own solicitors to put these in place.
Share issue
We will calculate the final number of shares to be issued to investors and send share documentation to investors electronically. We will also prepare your Companies House filings, so all you have to do is send them to Companies House.