Discovery & Project Review
$10,000 - $25,000
Discovery and Project Review fees are fully credited to your offering if you choose Sharkaroo to be your Digital Securities Offering Project Manager.
Typical Duration - 2 – 4 weeks
project review & recommendations
project financial analysis
executive education as required
high-level technical review
high-level technical architecture
Stage 1 of 4
$20,000 - $50,000
Typical Duration - 2 – 4 weeks
Project review & recommendations
Statement of Work (SOW)
Definition of Objectives & Key Results (OKR)
Vendor assessment & selection
Soft due diligence
Project financial analysis
Smart contract architecture
Assignment of account manager and project manager
High-level technical review
High-level technical architecture
Deck & document review
All projects must pass soft due diligence prior to progressing to Stage 2. Beyond the issuance, this includes key shareholders, ultimate beneficial ownership and the Sr. - Mid Level management team and any high-performers. In Stage 2 there will be a more comprehensive due diligence run by the primary broker-dealer or investment bank as appropriate which are billed directly by the broker-dealer. Learn more about our due diligence process.
Development, Compliance & Marketing Prep
Stage 2 of 4
Varies depending upon Sharkaroo team size and complexity of offering. $10,000 - $50,000 per month.
Issuance Fee Schedule
$0 - $10M - $75,000
$10M - $25M - $250,000
$25M - $50M - $550,000
$50M - $100M - $925,000
$100M+ - please contact Sharkaroo
Common Stock Warrants
Sharkaroo asks for stock warrants with a five year expiry date in an amount of of $2.5M, exercisable at the average share/token price of securities sold during this offering event.
Vendor Onboarding, Registration and
Payable directly to vendors and appropriate agency. Major fees include legal, financial filing, accounting with marketing campaign being the largest variable expense.
All Broker-Dealers or Investment Banks involved in the offering generally charge 2.0% - 10.0% fees on total amount of funds raised.
Sharkaroo is not a registered Broker-Dealer and does not charge success fees.
This is the most-active stage of a Digital Securities Offering, we have multiple critical paths occurring in parallel including: compliance, legal preparation, cap table, securities exchange interaction, smart contract definition, testing and security audit, marketing campaign definition and preparation for launch.
Securities or Digital Securities Attorney
Primary KYC/AML Provider
Primary Broker-Dealer or Investment Bank (typical, but not required in all jurisdictions)
Auditor (preferred) or Financial Attestment via CPA
Typical Duration - 4 – 10 weeks
Marketing campaign plan
Weekly project status report and meeting
Prospectus creation (optional, but highly recommended)
Comprehensive offering due diligence
Primary Offering Listed
Stage 3 of 4
$10,000 - $50,000
Typical Duration - 2 – 3 months
Marketing and sales campaign begins
Secondary Offering Trading Goes Live
Stage 4 of 4
After trading restrictions are lifted (typically one year) the security token is listed on one or more exchanges for secondary trading. Secondary markets are at a nascent stage with most common being Alternative Trading Systems (ATS), OTC equivalents, a handful of secondary exchanes. There are several national stock exchanges that should be ready to begin trading by the end of 2019.
Optional: Token conversion to multichain framework
Typical Duration - 1 – 2 months
Managing Primary Exchange Listing
Smart Contract Sandbox trading testing prior to going-live
Custodian and Trust establishment as applicable