• Dec. 3, 2016, 1:47 pm

KoreConX/iDisclose partnership simplifies disclosure

A new partnership between KoreConX and iDisclose allows companies to save thousands of dollars in legal fees when raising capital.

iDisclose allows crowdfunding companies to prepare many legal documents online by filling out an adaptive questionnaire which iDisclose uses to construct the documents. After those documents are reviewed by either iDisclose or outside counsel they can be filed electronically with the SEC.

This partnership between KoreConX and iDisclose allows companies to complete risk factor analyses, private placement memoranda, and form Cs on the KoreConX platform.

“We founded iDisclose with the goal of reducing legal fees and the cost of compliance for entrepreneurs and companies, and empowering them,” iDisclose founder Georgia Quinn said. “Our partnership with KoreConX helps further this goal by making the process of preparing to raise money seamless and easier for companies.”

“We’re working to tie together all of the members of the equity crowdfunding ecosystem to ensure that companies can access capital with ease and at low cost, and our partnership with fintech legal industry leader iDisclose means that companies can complete the legal documents required with no pain,” said KoreConX founder, president and CEO Oscar Jofre.

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