Has anyone had experience self-funding the actual search and then raising funds from traditional search investors (e.g., Anacapa, Pacific Lake, etc.) at the time of acquisition?

Curious to know if traditional search investors are open to a searcher keeping them up-to-date with their search but without committing any capital to the search?

Does this happen? How are the searcher's economics different from a completely self-funded or traditional-funded ETA process?

Thankful for any thoughts!