Preferred Stock Financing Services
Selling Preferred Stock to investors can be costly and time-consuming. Fourscore’s Preferred Stock Financing Services make the process more efficient and cost-effective for a growing company.
What We Provide:
Single attorney point of contact.
One-hour introductory call with you to discuss your term sheet, background information, create a plan and timeline for the deal, and review costs and potential preliminary clean-up.
Pro-forma capitalization chart.
Initial versions of the five primary preferred stock financing documents based on an executed term sheet, including conversion of one class of converting securities.
Disclosure schedule skeleton to help you make the appropriate disclosures.
An hour of attorney time to answer your questions regarding the initial document drafts.
How much does it cost?
The drafting structure outlined above is available for a flat fee of $5,000, paid upfront.
Supplemental Supplies & Fees
Drafting and negotiating the initial term sheet, billed at our hourly rates.
A block of time for corporate clean-up, negotiations, revisions, closing, government filings, and post-closing needs.
$1,000 for each additional class of a converting security.
Post-financing legal services at a discounted subscription rate.
What is Needed from You?
An executed, detailed term sheet executed by you and your lead investor. A Fourscore attorney will determine in their discretion if the information outlined in your term sheet is sufficient to draft the financing documents.
A complete, current capitalization table.
Completion of our intake process, including signing an engagement letter.
