EIS recent experience

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We have helped businesses and investors from a wide range of sectors with their EIS investments. Our work ranges from considering whether the business can qualify for SEIS or EIS, dealing with the initial investment and further fund raising.  Often we are then instructed on the sale of the business.

To help you decide if we can help you we have set out some of the examples of our recent work.

EIS investment for App developer

We worked with an app developer seeking EIS investment to enable it to become one of the leading providers of download games from the app stores.  EIS status for the business was obtained despite the licence fee income. The business raised £5 million via EIS.

EIS investment for a technology company

We worked with a technology company seeking both UK and US investors.  We structured a deal to offer the EIS investment to the UK investors only.

Further EIS investment rounds

We initially worked with a restaurant business raising investment under the SEIS scheme.  We were then asked to work with them when the time came to raise further investment via the EIS scheme to support their plans for expansion.

Rejected EIS compliance statement

EIS investment compliance statements can be rejected for a variety of reasons.  Examples of causes of rejection include shares being issued on different days and the inclusion of ‘put’ or ‘call’ option clauses in shareholders’ agreements. We advise on how to correct rejected compliance statements and their re-submission.

EIS fund raise for No Agent Technologies

No Agent Technologies is a leading property rental platform led by a serial entrepreneur Calum Brannan, on the latest round of equity fundraising. The company raised close to £1 million from the existing shareholders.

The company has previously successfully raised capital via a crowdfunding platform Seedrs and is currently preparing for Series A funding round. Calum Brannan is a former founder of CrowdControlHQ. Find out more about No Agent Technologies here: https://www.noagent.co.uk/. 

EIS fund raising for Karamu on the second round of equity EIS financing.

The fund raise attracted prominent angel investors from the food and drinks industry.  Karamu, trading as Feast it! is a leading online platform providing food and drinks catering led by two charismatic co-founders Digby Vollrath and Hugo Campbell. Find out more about Karamu at https://feast-it.com/

  • Having walked us through the SEIS share issue we knew we were in safe hand with the team at Gannons when we wanted to secure further investment under EIS.