Using a Data Room to Store Intellectual Property and Other Important Documents
In the past, companies stored important documents in a secure room that possible buyers could access during due diligence. These documents are now stored digitally in data rooms. Investors can access documents such as your articles of association, your patents, your intellectual property as well as the legal structure of your business. This includes stock vesting, contracts and a cap-table (which shows who is who). If you're planning for an investor, exit or acquisition, it's essential to have the right paperwork completed in a timely manner. This will speed up the process and reduce the chance of omitting anything crucial. Virtual data rooms provide an encrypted environment for sharing...