Our client is a prominent limited liability company from the IT industry. This company is also one of the partners of a Polish startup from the technology industry. Two investment rounds were carried out for the startup – the first, i.a. from public funds, and the other exclusively from private funds of the investor. The legal assistance provided by the firm concerned securing the property interest of our client (start-up partner) and his future right to participate in the profit. As part of the first investment, the investor expected internal changes in the shareholding in the startup (a change in the proportion of shares to favor a partner who is a natural person and the “face” of the project and thus reduce the share of our client – a limited liability company). During the work, we supported our client in negotiations with partners inside the startup to secure the capital share and the right to future profits. Then, we actively participated in talks with the investor regarding the content of the investment agreement (including investment rules, financing rules, obligations of shareholders and the management board, relations with the investor, securities, and obligations). We also helped the company with closing the entire process, by, for example, creating corporate internal documents after completion.
