Awake Priced Round Preparation Guide
Coordinate current official financing models with existing founder protections.
- Entity and jurisdiction fit
- US software companies; state-specific adaptation required
- Binding posture
- Non-operative guide; external instruments govern
- Variants
- Complete the stated selections
- Before use
- Each party’s own counsel must review and approve the document.
Awake Priced Round Preparation Guide
Commercial Terms
Company, financing owner and counsel: [names]. Proposed round and dated capitalization: [records].
Official models
Use current NVCA model documents as a starting point for counsel-led preparation. Select the actual charter, stock purchase, investor-rights, voting and right-of-first-refusal/co-sale instruments applicable to the deal. External licenses and attribution remain with their publishers; these are not republished Awake agreements.
Reconciliation
Review founder protections, board rights, consent thresholds, vesting, transfer/drag terms, existing SAFEs/notes, pool changes and disclosure schedules together. Identify every amendment and affected-holder consent. For a holding structure, coordinate LLC approvals with corporate financing; an investor does not silently join the founder LLC.
Closing
[Approvals; signatures; disclosures; conditions; consideration/cash evidence; conversions; issued shares; post-close cap table; filings/reporting; records owner]. Distinguish legal documents from checklist completion. Keep executed confidential records out of the public library.
Sources
Companion documents
Data-room records: 09-03-01. See the mapping.