Legal due diligence and investment contract drafting
Article posted in | VEAT
2016 was a period when many MCN (Multi Channel Network) related startups emerged, and investment attraction was very active, to the extent that it could be called the heyday of MCNs. Company A recruited creators providing beauty and fashion content, and was different from other MCNs as a professional agency facilitating content creation and distribution. Investors from Korea and China naturally gathered, and a 2.5 billion won investment attraction was decided.
Law firm Veat conducted legal due diligence on Company A during the investment process, helping the investor accurately assess Company A's value, and drafted investment contracts, presenting transaction conditions that both Company A and the investor could be satisfied with. Ultimately, Company A successfully attracted investment and was able to accelerate its entry into the Chinese market and its cosmetics distribution business.
Thank you.
Law firm Veat