In order to understand a little more about the financial health of the directors and the company itself, we will need to know the following:
Average net income and expenditure over the past three months
Financial accounts for the previous 6 months
Confirmation that the business has sufficient runway for the campaign duration
Whether any securities have been granted over assets
If any of the directors have previously been declared bankrupt
If the company has ever consulted insolvency practitioners
If there are any loans outstanding to the company, including overdrafts
If the company has any convertible debt outstanding
If the answer is yes for any of the above, you’ll be prompted to provide further details. These items will be discussed with your Campaign Manager, but will likely require adding a disclosure into the campaign to inform investors of the situation.