Hi everyone, is it normal for a seller to ask for the legal forms of the fund and the ID's of the investors on the cap table prior to signing NDA?
I am negotiating few deals, submitted 7 LOI's and more than 20 NDA's with none of the sellers asking for anything more than the fund's registration number. Now, I am interested in a business that is owned by a local bank and they are asking for the legal forms which sounds awkward albeit I am negotiating a deal with another local bank and they did not ask for the same!