If you are in the midst of an equity financing on Shoobx, and an investor is unable to sign documents through the Shoobx workflow, you will have an opportunity to create a standalone signature page for that person or entity. This article will explain the steps for creating such a signature page, and uploading the signed version at the end of the financing.
How To Create A Standalone Signature Page
Standalone signature pages can be created at the "Monitor Closing Steps" page in the Equity Financing workflow. By selecting the three line menu to the right of the investor's name who will be signing on paper, you will be presented with the options to "Upload Signature Pages" or "Restart Signing Flow".
Select the "Upload Signature Pages" button from the drop-down menu. This will also discontinue the electronic signing process for that person or entity, so that they do not inadvertently sign the documents twice.
The next step will be to confirm that you want to continue in this manner. Once you have confirmed that this is the action that you would like to take, you will be able to download all of the Shoobx-prepared signature pages for each document related to that specific investor.
A downloaded signature page will include only the signature block for that investor, as shown below.
Once the investor has signed, you will re-upload this signature page by selecting the "Upload Signature Page" button.
After you have uploaded all of the signature pages related to that investor, you will be able to continue through the workflow by selecting the "Continue" button.
The workflow will automatically redirect you to the "Monitor Closing Steps" page, wherein you will be able to track the progress of the remaining signatures associated with this Equity Financing process.
As an example, the signatures uploaded for Raviga Capital have been recorded on the page below.
Voila! The signatures have been completed for Raviga Capital XIX!
Note that, if you accidentally select the "Upload Signature Page" option and your investor then decides to sign through Shoobx, you can undo this action. To reset the signing process for this investor, you can select the three line menu again. This time, you will select the "Restart Signing Flow" button from the drop-down menu.
This will reset the signing status to "Pending" and send a notification to your investor asking them to log in and finish signing the appropriate documents in Shoobx.
If you or your investor have any questions about this process, feel free to contact firstname.lastname@example.org with all inquiries!