Board consent support for capital raises with multiple moving parts

The issue is often not the existence of a board resolution, but whether the approvals actually match the transaction being signed. Problems can arise if the board papers do not line up with the share issue terms, if director approval thresholds are missed, or if the constitution and existing investor documents point to extra steps. That can slow down signing, create investor questions at closing, or require last-minute corrections. This service helps put the board approval side in order so the internal paperwork better matches the raise mechanics.

This service is usually a better fit where the raise needs more than one simple approval document or where the board consent work needs to be coordinated with the broader transaction steps. For example, you may have multiple directors, existing shareholder rights, a new share class, or investor conditions that need to be reflected in the approval pathway. In those situations, a document-only approach can be too narrow. Here, the work covers the board consents themselves plus practical legal input on how those approvals fit into the raise.

It commonly includes the board consent documents needed to approve the proposed raise and the main internal actions connected to it. That may involve resolutions dealing with the issue of shares, approval of transaction steps, signing authority and related governance matters. We also review the raise structure from the perspective of what the board is being asked to approve, and provide guidance on sequencing and signing flow. If the transaction also needs investor agreements or broader closing documents, those are usually handled as separate work.

Not by default. This page covers the board consent side of the raise and the legal support directly tied to those approvals. If your deal also requires shareholder resolutions, subscription documents, updates to a shareholders agreement or filing steps, that may need separate scoping depending on the transaction. Keeping the service framed around board consents makes the deliverables clearer. If we identify related work once we review the raise structure, we can explain what else is likely to be needed and quote separately.

The fixed-fee applies to the board consent documents and the related support described on this page. If the matter expands into wider negotiations, multiple ancillary transaction documents, or more extensive completion support, that would generally fall outside this service. We would flag that before any extra work begins. The same applies if the matter moves into ongoing deal support after the core approval documents are completed. Tax input, technical setup, security remediation, dispute handling and continuing legal support are separate from this fixed-fee service. in this fixed-fee service.

As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We charge a fixed fee, with upfront quotes and transparent pricing, and communicate via phone, email and video chat - whichever suits you! You'll be guided through our process by our expert lawyers, who are Australian-qualified and specialise in technology, intellectual property, contract drafting, corporate and commercial law.

At Sprintlaw, our pricing is transparent and designed for startups and small businesses. Many one-off legal services, including document drafting and reviews, are provided for a fixed fee with an upfront quote before you proceed.

Prices typically range from $250 to $2,500 AUD depending on the complexity and scope of the work. For ongoing support, Sprintlaw Memberships include options such as legal templates, consultations, a legal helpline and credits for services.

If your project is larger or more complex, we will provide a tailored quote after understanding what you need.

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Our lawyers also work from co-working spaces and home offices in Sydney, Melbourne, Brisbane, Adelaide and Perth, so clients can get help online without needing to meet in person.