On DealMaker, investors can be closed on an individual basis, which allows for deals to be closed on a rolling basis, if desired. We see deals where investors are closed: (1) as soon as their documents and funding are complete, (2) where they are closed in groups, and (3) all at once, at the end of the deal. The decision on which option is best for you is best determined with issuer's counsel, as there are a number of factors and government filings to consider.
For an investor to be countersigned, there are two parallel processes in play:
First, the investor's documents have to be: (1) signed; and (2) enabled for company acceptance. For further information on enabling company acceptance, please click here.
Second, the investor has to have been marked as funded. If we are collecting funds for you, then as soon as we have received and processed an investor's payment this will be reflected on DealMaker. If we are not collecting funds, please click here for an overview on managing an investor's funding.
Once an investor is both marked as funded and has been enabled for company acceptance, they can be countersigned by the company signatory. For more information on this process, please click here.
At any point in this process, you can export a variety of documents; a spreadsheet with all investor information, the 45-106F1 schedule, or copies of all investor agreements. For more information on exporting documents, please click here.