Systems and methods for distributing private placement documents
AssigneeMorgan Stanley
InventorsRobert Ross Seelos, David J. Brastauskas, Jenny Mak
Life of this patent
Estimating the term…
Abstract
Methods of providing a private placement document to a potential investor in a private placement. The methods may comprise the step of generating the private placement document in an encrypted electronic format. The private placement document may include a unique identifier. The methods may also comprise the steps of providing the private placement document to the potential investor, and recording the unique identifier.
Claims22
1-20. (canceled)
A computer-implemented system for providing a private placement document to a potential investor in a private placement, the system comprising a computer system, the computer system comprising at least one processor and an operatively associated memory comprising instructions thereon that, when executed by the at least one processor, causes the computer system to:
- generate the private placement document in an encrypted electronic format, wherein generating the private placement document includes labeling the private placement document with a unique identifier and wherein the private placement document comprises a subscription document;
- provide the private placement document to the potential investor electronically, wherein the subscription document is programmed to:
- (i) prompt the potential investor to enter information relating to the potential investor into the subscription document;
- and
- (ii) conditioned upon the potential investor declining to enter the information relating to the potential investor into the subscription document, rendering the private placement document unreadable by the potential investor;
- record the unique identifier at a database in communication with the computer system, wherein the unique identifier is recorded at the database in association with an indication of the potential investor;
- electronically receive the subscription document from the potential investor, wherein the subscription document, when received from the potential investor, comprises the information relating to the potential investor;
- and
- verify that the information relating to the potential investor is correctly entered into the subscription document.
A computer-implemented system for providing a private placement document to a potential investor in a private placement, the system comprising a computer system, the computer system comprising at least one processor and an operatively associated memory comprising instructions thereon that, when executed by the at least one processor, causes the computer system to:
- generate the private placement document in an encrypted electronic format, wherein generating the private placement document includes labeling the private placement document with a unique identifier and wherein the private placement document comprises a subscription document;
- provide the private placement document to the potential investor electronically, wherein the subscription document is programmed to:
- (i) prompt the potential investor to enter information relating to the potential investor into the subscription document;
- (ii) conditioned upon the information relating to the potential investor failing to meet a pre-determined qualification standard, rendering the private placement document unreadable by the potential investor;
- and
- record the unique identifier at a database in communication with the computer system, wherein the unique identifier is recorded at the database in association with an indication of the potential investor;
- electronically receive the subscription document from the potential investor, wherein the subscription document, when received from the potential investor, comprises the information relating to the potential investor;
- and
- verify that the information relating to the potential investor is correctly entered into the subscription document.
A computer-implemented system for providing a private placement document to a potential investor in a private placement, the system comprising a computer system, the computer system comprising at least one processor and an operatively associated memory comprising instructions thereon that, when executed by the at least one processor, causes the computer system to:
- generate the private placement document in an encrypted electronic format, wherein generating the private placement document includes labeling the private placement document with a unique identifier and wherein the private placement document comprises a subscription document;
- provide the private placement document to the potential investor electronically, wherein the subscription document is programmed to:
- (i) prompt the potential investor to enter information relating to the potential investor into the subscription document;
- (ii) conditioned upon the potential investor failing to enter the information relating to the potential investor into the subscription document within a predetermined amount of time, rendering the private placement document unreadable by the potential investor;
- record the unique identifier at a database in communication with the computer system, wherein the unique identifier is recorded at the database in association with an indication of the potential investor;
- electronically receive the subscription document from the potential investor, wherein the subscription document, when received from the potential investor, comprises the information relating to the potential investor;
- and
- verify that the information relating to the potential investor is correctly entered into the subscription document.
Dependencies are inferred from the claim text.