FinePrint Solutions Company records
Get the company record ready before diligence
Investors, acquirers and large customers ask to see a company's legal records. FinePrint Counsel gathers what you have, finds what is missing or does not match, prepares the fixes, and keeps the record in your Legal Room. Lawyers supervise the work.
What diligence looks for
When a company raises money or is acquired, the other side reviews its formation documents, consents, cap table, equity grants, IP assignments, commercial agreements and employment paperwork.
They look for gaps: a grant without a board consent, an engineer who never signed an IP assignment, a contract that cannot be transferred to a buyer. Found now, those gaps can be fixed on your schedule instead of in the middle of a deal.
How FinePrint Counsel checks the record
You upload what you have, in whatever state it is in, and mark anything you know is missing. FinePrint Counsel shows the plan and what it will cost before it starts.
It sorts the documents into your company record: the entity, the people, the equity, the contracts and the obligations.
It checks the record against itself: every grant against a board consent, everyone who builds for the company against an IP assignment, and the cap table against the stock issued.
It lists what is missing or does not match, and links each item to the documents that show the gap.
For each gap it prepares the fix, such as a board consent that approves a grant after the fact, or an IP assignment that confirms the company owns the work, and sends it for review and signature.
When the milestone arrives, it prepares the data room from the record.
Company record · check
- Certificate of incorporation and bylawsPresent
- Founder stock purchase agreementsPresent
- Board consent for the March option grantsMissing
- IP assignment for a former contractorMissing
- Cap tableDoes not match the grants
- Customer agreementsPresent
Where a lawyer reviews the fixes
Legal work follows a process lawyers approved and sample-check. Work that needs additional legal judgment waits for review by a lawyer or an approved legal professional.
Some gaps are paperwork, such as a missing signature page. Others change the company's legal history, such as approving a grant after the fact or correcting who owns which shares. For a priced round or an acquisition, FinePrint Counsel prepares the record and a brief for the lawyer who leads the deal.
The record stays current in your Legal Room
After the gaps are closed, each contract, hire and consent your Legal AI Team prepares is added to the Legal Room as the work is done. You decide who can see it, and when to share it with investors or a buyer.
FineShield · Lawyer-Trained Legal AI Firewall
Check messages against the company record
FineShield is the other half of your Legal AI Team. Once the record is in order, it works like legal autocorrect: it checks email, Slack and calls against the agreements, policies and approval limits in it, and flags a message that goes past them while it can still be fixed.
Put the record in order before the milestone
The LaunchPad gives qualified applicants 60 days of FinePrint free. No card. No automatic subscription. After that, plans start at $100 per company per month with five hours of work included, then $20 an hour.