Once your raise closes successfully, your private and public stages combine into a single total, and a one-time, non-refundable cost is deducted to cover incorporating your company. From there:
Incorporation: We handle setting up SPV and we can also help setting OpCo if you don’t have one — this typically takes about a week.
Tokens and vesting: Your investors' tokens are minted and vesting contracts are created as soon as your rounds combine, but everything stays locked until incorporation is confirmed. Once that happens, both your investors' vesting schedules and your monthly allowance begin releasing.
Monthly allowance: Your allowance releases on a fixed date each month. Keeping investors updated with regular progress reports — shared privately with your round's investors, not published publicly — is part of keeping your raise in good standing.
Lockup: Both investor tokens and your vesting contracts are non-transferable for the first 12 months, with no exceptions, in every jurisdiction. This restricts trading/transfer only — your monthly allowance and your investors' vesting still unlock on their configured schedules during this window; they just can't be sold or transferred until the 12 months pass. Any funds not yet released sit in on-chain escrow until your monthly allowance schedule releases them.
Need more help?
We’ve aimed to cover everything here, but if your question isn’t answered — or you’ve spotted something that needs correcting — contact us at team@usespring.io
A member of the team will respond.