The Assure Labs SPV is the most streamlined Special Purpose Vehicle product available for investments in a single asset with a single close. Using Glassboard 2.0 you have more transparency and control to close more deals, faster for a one-time upfront flat fee of $7,000.
Our unique approach to SPVs is transforming the back-office fund administration process and creating new opportunities for founders, organizers, and investors. No other service provider can match Assure’s expertise, speed or cost-effectiveness in delivering SPVs to the private investment community. The updated Assure Labs SPV is the fastest and most affordable SPV product currently available.
Blue Sky fees are regulatory fees imposed by states, are variable, and are a cost of the fund, not part of Assure’s fees. Assure will process the filings and pass through payments to the states. Blue Sky fees can only be finalized after all investors have committed to the SPV and the deal is closed. We recommend an initial forecast of $3,000 for Blue Sky fees, and see an average of $1,300 in Assure SPVs. To estimate the Blue Sky fees for your SPV see this reference from Colonial Stock.
* For deals with larger investment amounts, more investors, or funds that require specific structuring or customization of legal, tax, administration, compliance, or accounting services see Assure Standard or Enterprise SPV Product Tiers.
Close deals faster, with more transparency and control.
Using the completely redesigned Glassboard 2.0 you have more transparency and control to close more deals, faster. Documents, bank account, K1s, Distributions, Glassboard 2.0 platform, and more are all included in the Assure Labs SPV.
SPV is short for a Special Purpose Vehicle. "Vehicle" refers to the legal entity, or structure, created for raising money in order to invest. The “Special Purpose” is the investment. This investment could be into a startup, a private company, a real estate project, or other assets like art or films.