Board consent documents for your capital raise

This service is usually for New Zealand startups and growth companies preparing for an equity raise, SAFE, convertible note or other investment step where directors need to formally approve the transaction. It is particularly useful when founders are close to signing deal documents, opening a data room, or working toward completion and want the company's internal approvals in order. Investors commonly expect board approvals to match the raise documents, so this service helps companies that need properly framed resolutions before funds are accepted or securities are issued.

Board consents usually deal with whether the directors have properly approved the proposed fundraising steps and whether those steps line up with the company's constitution, shareholder arrangements and transaction documents. They may cover issuing shares or other securities, approving entry into investment documents, authorising signatories, and recording key board decisions. Problems often arise where the resolutions are too broad, miss a required approval, or do not reflect the final deal terms. That can slow signing, create investor questions during diligence, or require last minute corrections before completion.

No. A capital raise often involves more than board resolutions alone. Depending on the structure, you may also need subscription documents, shareholder approvals, constitution updates, investor rights documents, disclosure materials or closing checklists. This service covers the board consent component and advice on how that component fits into the transaction, but it is not a full round management service. If your raise includes several moving parts, we can identify what is missing and suggest the next legal documents to prioritise so the approvals and deal paperwork stay consistent.

Timing is often affected by how settled the raise terms are, whether the company has existing investor rights, and how clear the current corporate records are. If the valuation, instrument type, signatories or issue terms are still changing, the resolutions may need to be updated to match. Delays can also arise where there are multiple share classes, overseas investors, or questions about what approvals are required under existing documents. If approval steps are relevant, we will explain what needs to be prepared and what sits outside the legal work. if the transaction has cross-border elements or approval issues outside the company itself.

Yes, we can often assist where the raise is more complex, such as rounds involving overseas investors, convertible instruments, unusual security terms, existing shareholder restrictions or several documents that need to be coordinated. In those matters, the board consents still matter, but they may need to be checked carefully against the constitution, cap table and transaction structure. We can prepare the board approval documents and flag where broader legal work may be needed. Approval depends on the relevant regulator or authority if the transaction triggers external consents beyond company approvals.

Just submit an enquiry via this page or click the 'get started' button on our website to submit an enquiry. After you've submitted an enquiry, one of our legal consultants will review your enquiry within 1 business day and get in touch to get a better idea of exactly what you are looking for.

Then your legal consultant will send through an email with a bit more information about the services you need, along with a fixed fee quote setting out costs, scope of the service and timing. Have a read through it, and if you're happy with the scope, you can accept and sign our engagement letter online - easy!

Once you've formally accepted, we'll connect you with a specialist lawyer and they will work with you to complete your project. They will contact you by email or phone if they need to get in touch.

Sprintlaw works on fixed-fee pricing wherever possible, so you can review the scope and cost before you decide whether to proceed. For the Capital Raise Board Consents Pack service, pricing starts from $900.00.

After you enquire, a legal consultant will confirm what is included, the expected timing and whether any extra work is needed before you engage us.

We operate completely online, which means we can help you wherever you are in New Zealand. We have office spaces in Sydney, and in Melbourne, but our use of technology allows our team members to work remotely from around the world. Our legal team are mostly based in Sydney, Melbourne, Brisbane and Perth. We also have a London office for Sprintlaw UK.

Our legal team is made up of experienced lawyers, who are specialists in various areas of law and hold an Australian legal practising certificate. None of our Sprintlaw lawyers are New Zealand qualified lawyers and they do not currently hold a New Zealand practising certificate.

They provide legal services working remotely from Australia via our 'legal consultancy' model, through which (under section 6 and section 35 of the New Zealand Lawyers and Conveyancers Act 2006) our Australian legal team are permitted to provide legal services to New Zealand businesses provided they do not provide services in certain 'reserved' areas of law. You can read our FAQ page to learn a bit more about our 'legal consultancy' model.

Given the strong similarities between Australian and New Zealand law, and the areas of law in which we practice (being small business and startup law), we do not view the fact that our lawyers have not qualified in New Zealand as having any substantive impact on the quality of our service. We are committed to ensuring that we provide high quality, affordable legal services to all our New Zealand clients.

Our legal team have all trained at leading firms, but have left the traditional corporate law world to join us on our mission to create a new and better way of delivering legal services. They have specialist expertise in technology law, intellectual property law, contract drafting and review, corporate law and commercial law.