Legal due diligence of MySpeech service before the transaction
Problem
Before acquiring an equity stake in MySpeech, an online speech therapy and development service, a private investor needed a due diligence and an analysis of the proposed terms of the corporate agreement between the founders and investors
Project work
As part of the legal review, the corporate structure and the circumstances of attracting the first round of investors were studied, the corporate agreement and the agreement of intent were checked, accounting (financial) statements were checked, judicial portals were monitored, and the presence of debts was checked. The structure of corporate governance in the company was proposed, as well as a scheme for the purchase and sale of equity stakes in the authorized capital. An analysis of documents and information posted in the service was carried out, a check was carried out for their compliance with the legislation of the Russian Federation
The result and benefits for the client
The implementation of the project made it possible to protect the interests of the private investor, including legal and financial ones, to ensure the possibility of normal financing of the project, taking into account the provisions of the corporate agreement