Who is responsible for what during a deal on DealMaker?

Steps

Party Responsible

Initial interaction with investors 

  • Inform investors that deal is being managed digitally through DealMaker.tech

Company

Adding Investors to DealMaker

If investors invited via

  • Magic link: Point person
  • DealMaker portal: Point person
  • Bulk Upload: Point person provides to DealMaker (incurs a fee) 

Collection of funds

Company

Offline payment receipt

Investor uploads via their portal

Mark investors as funded in portal

No Payments package: Company

Payments Lite: Company to mark offline payments as funded
Online payments will automatically update

Payments Deluxe: DealMaker to mark offline payments as funded
Online payments will automatically update

Acknowledge receipt of funds with subscriber

Auto confirmation sent when investor has funded

Approve subscription agreement for countersignature

Legal administrator or broker

Countersign subscription agreement

Company assigned signatory

Generation and distribution of share/membership certificates

Legal administrator/Transfer agent

Generation of form 45-106F1

Legal administrator (exporting schedule from DealMaker)

Filing of form 45-106F1

Legal administrator