Am I ready to close my funding round?

What you need to check before we can close your round...

Fantastic! The funds are in and you think you are ready to close things off.

Before you can formally close your round on the platform, please ensure the following steps have been completed:

1. You’ve worked through the Disclosure Letter and that this has been signed and shared to all the investors in the round.

2. You’ve shared the Shareholder Agreement to all the new investors and it’s now fully signed.

3. The new Articles of Association have been shared with all your investors and existing shareholders (if any).

4. The funds tracker has been filled in with the dates that the funds were received.

5. The Board Resolution has been created and signed by a director of the company.

6. The Shareholders Resolution has been created and signed by at least 75% of shareholders by shareholding.

Once these have been completed reach out to us / your dedicated Seedlegals funding round specialist and we will run through our post closing process to ensure that everything is in order.

Soon after the checks, we’ll then drop you an email letting you know the final steps to complete your round which should include:

• Signing and filing the SH01 generated by SeedLegals.
• Signing and sharing the share certificates with your new shareholders.
• Filing the new Articles and the duly autorised Shareholders Resolution (not the Shareholders' Agreement)