OA (Operating Agreement)
LLC Operating Agreement is a document that customizes the terms of a Limited Liability Company (LLC) according to the specific needs of the owners and outlines the financial and functional decision-making in a structured manner. An Operating Agreement is a crucial document that should be included when setting up an SPV. The document, once signed […]
OFAC (Office of Foreign Control)
Office of Foreign Assets Control is a financial intelligence and enforcement agency of the United States Treasury Department. It administers and enforces economic and trade sanctions in support of the United States national security and foreign policy objectives. The OFAC sanctions list is designed to facilitate the use of the specially designated nationals and blocked […]
Opportunity
When an SPV Organizer has concluded that a particular deal or asset is of a certain quality they share that deal or asset with their network of investors as an “opportunity”. An opportunity is the chance for an investor to subscribe to an SPVs offering of investing into a private asset.
Organizer
An individual, entity, syndicator, angel group, fund or venture capitalist who organizes SPVs and raises funds by reaching out to their network of accredited investors to invest in private assets.
Oversubscribed
Oversubscribed is a situation in which an asset, like a startup company or real estate project, has more investment interest than allocation available. For example, a start up company is raising $1 million in new capital and the SPV Organizers and venture capitalist offer $3 million in capital. This means this startup company is oversubscribed […]
Ownership Class
Different types of stock– Series A stock holders own a different ownership class than Series B stockholders, Common stockholders own a different share class than the series A or B investors, etc.