Venture Deals · glossary
The day the money moves and the shares are issued. It comes after signing, once the conditions are met. Nobody is a shareholder until entered in the register of members. Clause 6 · Chapter 10
Explained in Chapter 10, Warranties, Disclosure and Completion, of Venture Deals.
The main page for this term is Completion (closing), in M&A Foundations.
Completion is the day the money moves and the shares are issued, and it follows a list in order. The agreement was restated at the Series B, so clause 6 now describes that completion. Clause 6.6 confirms that the same steps were taken at the Series A.Read Chapter 10, Warranties, Disclosure and Completion →
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