About This Policy
POSI protects directors and stakeholders during public fundraising events from liabilities due to misstatements or non-disclosure. It is crucial for any IPO-bound company.
What's Covered
The policy covers liability claims arising from errors, misstatements, or omissions in offering documents or disclosures made during the fundraising process. It protects the company, its directors, and the investment bankers/underwriters from investor lawsuits and regulatory scrutiny.
Key Features
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Key Features
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Covers directors, underwriters, and the company, Protects against investor claims post-offering, Issued for the offering period (not annual), Replaces D&O for that specific transaction
Who Should Buy?
Companies preparing for IPO/FPO, Startups entering public markets, PE/VC-funded firms doing equity placements