Board and Stockholder Management
Corporate Governance Done the Right Way
Running your company the right way calls for clearly defined central approval processes for company actions. And if you don’t have documentation of board or stockholder approval, it didn’t happen. With Shoobx, you can take care of both of these things. Shoobx gives you a single place for central company management and removes friction for your board members and stockholders so that you can quickly get company actions approved as you continue to grow your business.
Trusted by companies that scale
Everything you need for centralized company management
Generate Board and Stockholder Consents
Board and stockholder approvals are automatically integrated into every relevant workflow in Shoobx. You can also generate your own custom resolutions in Shoobx and associated whereas clauses for inclusion in approval documents. Need to take care of board meeting minutes? You can prepare and execute them right in Shoobx.
Whenever you need stockholder approval for a company action, Shoobx will identify the number of stockholders required to meet the approval percentage threshold and send the request for approval to that group. Shoobx also manages the reporting obligation for stockholder approvals to all of your stockholders.
Seamless Approval Process
Request and track signatures directly through the platform. When a board consent is created, Shoobx automatically notifies the appropriate parties to sign the generated consent. See who has already approved a consent and which parties still need to sign. Board members can review documents and sign consents on their phones or at the office with e-signature on Shoobx.
Data Room
With Shoobx, your company history is safe, secure, and beautifully organized. Finalized documents are automatically stored in your data room, and Shoobx records all references and data in a way that makes it easy to leverage for future company actions. Documents generated via workflows in Shoobx will also be automatically linked to the associated agreements and approvals in your data room, and you have complete control over access rights and permissions for all of your users.
Digital Board Book
Get electronic access to all of your company’s historical actions with Shoobx’s digital board book, where historical board consents and meeting minutes are stored in chronological order. Your board members can log in at any time and find all past approvals.
When there are changes to your board or officers, you can generate the required documentation in Shoobx for a seamless transition.
“To manage an equity plan in a platform like Shoobx, where all the legal documents are connected to it, with e-signatures…that made it so much easier for me to prepare and run our board meetings. ”
– Kelsey Chase, Founder and COO, Aumni
