An offering document is a legal document your company creates with help from Equivesto. It represents a summary of the terms of the raise, details about your company, risks related to your company, and some details about the equity crowdfunding platform you are working with (Equivesto in this case).
It is supposed to represent a 10-20 page summary of everything an investor would need to know about your raise and if they should participate, and should be written in clear, concise, and understandable language.
Equivesto will help prepare this, but at the end of the day, the document must be certified (signed off) by you. The preparation of the document will involve support from your legal team. The document must be prepared and finalized before your campaign begins. During the campaign, the offering document is accessible to investors on the campaign page.
Equivesto will provide an initial draft of the document while we are planning your campaign, after the structuring of the deal is decided. We will then work back and forth with you and your legal team to finalize the document prior to campaign launch.
The offering document must be submitted to the regulators within 10 days of your equity crowdfunding round closing.
Depending on which prospectus exemption you use, you may need different documents.
Reach out to support@equivesto.com to learn more.