Post-Close Events

Post-Close Legals Currently, all post-close legals, including shareholder resolutions where signatures are needed, must be signed for by Odin on behalf of Odin Investments Limited. Your team will have to circulate the relevant documents to ...

Transfers of Beneficial Interest (TOBIs) TOBIs apply when one of your investors is transferring their shareholding in the SPV to another investor who was in the SPV, or to another investment entity owned by them. If a situation arises which constitutes a TOBI, p...

Conversion Events What’s a conversion event? A conversion event refers to the conversion of debt raised in a previous investment agreement into shares of the issuing company. Conversion events occur under certain conditions and can either h...

Exit Events An exit event refers to any event whereby investors can realise a return on their investment, such as the sale of your company or an initial public offering. Odin is well-equipped to handle the admin surrounding exit event...

Regular Reporting (to Investors) The best Founders provide regular, punchy updates on their company to the investors that participated in the Founder SPV. The primary purpose of these updates is to inform investors about how the company is progressing, wi...

Tax (Reporting & Relief) EIS and SEIS The Enterprise Investment Scheme and Seed Enterprise Investment Scheme are government schemes which incentivise investment into U.K. companies via tax relief. Claims can either be submitted for the current tax...