SPV FOR 6-9 MONTHS OF FINANCE RAISING?
I am an independent, self-funded searcher targeting an exciting business in a niche tech industry. A respected adviser in the industry told me, in passing, that it is common in the industry to form a special purpose vehicle while raising financing for six to nine months. I think he was recommending proposing such a structure in the LOI. I am trying to imagine how this would work in detail. Is there anyone I could talk to who is familiar with this type of deal?