# Readiness checklist

Complete against actual evidence. This template starts unpopulated; an unchecked item is not a finding of noncompliance.

- [ ] Stock ledger, cap table, signed awards/instruments, reserves and approvals reconcile.
- [ ] Outstanding shares and fully diluted assumptions are distinguished.
- [ ] Founder holding-vehicle ownership, authority and relevant consents are documented, if applicable.
- [ ] All material assets have documented ownership or adequate usage rights.
- [ ] Existing-business asset transfers/licenses and required consents are recorded, if applicable.
- [ ] Deck, financial model, books and commercial claims reconcile for the same stated periods.
- [ ] Forecasts and predecessor figures are clearly identified.
- [ ] Pipeline, LOIs, pilots, signed commitments and recognized revenue are distinguished.
- [ ] Founder rights, financing approval requirements and relevant contract restrictions are identified.
- [ ] Conversion/dilution scenarios include all instruments, side letters, accrued interest where applicable, and proposed pool changes.
- [ ] Missing items and unknowns have an owner, impact assessment and resolution date.
- [ ] None / Not applicable entries have a confirmed explanation.
- [ ] Signed records include complete signatures and amendments; drafts are unmistakable.
- [ ] Necessary sensitive records are restricted; credentials and privileged advice are excluded from general access.
- [ ] Access is tested with representative Initial, Diligence and Restricted users; each can see only intended records.
- [ ] Closing checklist tracks funding, approvals, executed documents, applicable filings and post-closing tasks.

Scenario checks: a pre-revenue NewCo should not invent historical revenue; a founder LLC needs look-through records; an asset-transfer NewCo needs a documented rights chain; a SAFE raise needs the selected form and all side letters; a note raise needs interest/maturity and conversion modeling; a priced round needs a reconciled conversion and closing package.