Updating your minute book after closing your transactions on addy is a crucial step to ensuring your entity is up to date.
Overview
Congratulations on successfully closing your offering on addy! Our platform automates most of the securities purchase process, including subscription agreement execution, share or unit issuance, and digital Corporate Securities Register (CSR) updates. However, as the issuer, you are responsible for ensuring your minute book reflects these updates. Fortunately, with addy handling the heavy lifting, updating your minute book is a quick and simple process.
What addy Automates
addy’s platform streamlines the securities issuance process by:
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Automating the execution and countersigning of subscription agreements.
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Issuing shares or limited partnership (LP) units to investors.
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Updating a digital CSR to reflect new ownership.
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Providing relevant data for regulatory filings (e.g., RED filings).
Steps to Update Your Minute Book
Since addy manages the primary transaction records, your task is straightforward. Here’s what you need to do:
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Retrieve Updated Information
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Log in to your addy Business dashboard.
- Head to the CSR page
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Download the updated shareholder or unit holder register.
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Update Your Minute Book
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Insert the updated shareholder or unit holder register.
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Record the Directors Consent Resolution (DCR) that was sent to directors via addySign as part of the closing.
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Why This is So Simple
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No manual entry – addy provides accurate and ready-to-use records.
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No hunting for agreements – All executed documents are stored digitally in your addy Business account - including all executed subscription agreements.
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Minimal effort – Simply download, file, and confirm compliance.