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.

Submit an enquiry on this page or click 'Get started'. One of our legal consultants will review it within 1 business day and get in touch to understand what you need.

Your consultant will then email you a fixed-fee quote setting out the cost, scope and timing. If you're happy with it, you can accept the quote and sign our engagement letter online.

Once you've accepted, one of our Australian-qualified lawyers will work with you to complete your project. They'll contact you by email or phone if they need anything.

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 work online, so we can help wherever you are in New Zealand. Our team works remotely, mainly from Australia.

Your work is done by our Australian-qualified lawyers, who hold Australian practising certificates and specialise in business law. None of them are New Zealand lawyers or hold a New Zealand practising certificate.

Sprintlaw NZ Limited is a legal consultancy, not a law firm, and is not regulated by the New Zealand Law Society. We don't act in court or tribunal matters, conveyancing (including leases and business sales) or other reserved areas of work. Communications with Sprintlaw are unlikely to be protected by legal professional privilege. We still keep everything confidential under our engagement letter.