Legal
Terms of service
These terms govern your use of sprowtt.com. They are accepted by clickwrap on your profile after your account is approved — checking the box and clicking I agree is the act, and staying on a page is not acceptance.
What you are licensing
You license a workspace. Sprowtt provides configurable software and administrative workflow tools designed to help authorized users organize information, manage access, maintain workflow records and present issuer-approved materials.
Sprowtt provides this website as subscription software. It is not operated as a registered federal funding portal, broker-dealer, placement agent or investment adviser, and it is not supervised by the Florida Office of Financial Regulation or by FINRA in respect of this website.
What remains yours
The issuer and its counsel remain responsible for the structure of the offering, its disclosures, its filings, investor eligibility, payment and escrow arrangements, and legal compliance. Every communication about the issuer's securities is the issuer's communication, including a notice rendered by this software onto the issuer's own website.
Your content, your investor list and your offering file are yours. Cancellation returns the workspace to read-only with an export.
Funds
Sprowtt is not intended to receive, custody, transmit or control investor funds through this platform. Escrow, banking and payment processing sit with providers the issuer selects and contracts with directly.
Fees
Fees are a monthly subscription and are not based on the amount raised or the outcome of an offering. Usage above an included allowance may be metered on software use — seats, rooms, storage, API calls, conference minutes — and never on the amount raised.
No advice, no approval
Nothing on this website is an offer to sell or a solicitation of an offer to buy any security, investment, legal, tax, accounting or financial advice, or a recommendation of any issuer or investment. Completing a step in the software is not SEC approval of an offering and does not make an exemption available.
