Acclime Philippines helps California-based pharma company achieve fundraising target.

Acclime Philippines provided a team of experienced legal assistants and lawyers to provide legal support services and augment the client’s bandwidth.

Acclime Philippines was tasked to customize documents for each of the 115 individual and entity investors. Data handled included personal information of the investor, investment amounts, actual stock ownership, and their corresponding percentage ownership.

Upon thorough verification and quality control, Acclime Philippines was also responsible for circulation of the documents to all investors for signature collection, after which all executed files were organized and uploaded in a secure cloud database for the client.

Acclime Philippines prepared a total of 230 personalized documents, which were distributed to investors within 48 hours of the client’s request. Given the difference in time zones of the client and Acclime Philippines, the strategic partnership allowed the client to run a machinery with the capacity to work around the clock. 

Within a distribution turnaround of 72 hours, the client received fully executed investor documents and successfully met its quarterly investment projections and raising a total of about $30,000,000. Ultimately, our client spent only 20% of what it would have ordinarily cost them to use a locally-hired legal team.