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Series a Spa

Draft Series A SPAs in Minutes, Not Hours

14 minutes with CaseMark

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Best for a quick one-off job. Add your email, upload the files, and we'll run the workflow and send the result to your inbox.

1. Add your email so we know where to send the result.

2. Upload the files you want analyzed.

3. Run the workflow and we'll take it from there.

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Workflow

Series a Spa

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Workflow

Series a Spa

Overview

CaseMark's Series A SPA skill drafts comprehensive, market-standard Stock Purchase Agreements for venture capital financings in a fraction of the time required for manual drafting. By analyzing your term sheet, cap table, and organizational documents, the AI generates a complete SPA with properly structured articles covering purchase mechanics, representations and warranties, indemnification, closing conditions, and securities law compliance. The output follows NVCA model document conventions and coordinates seamlessly with ancillary financing agreements.

Drafting a Series A Stock Purchase Agreement is one of the most time-intensive tasks in venture capital practice. Attorneys must manually reconcile term sheet economics with cap table data, draft extensive representations and warranties, structure indemnification provisions, and ensure consistency across multiple ancillary documents — all while meeting aggressive closing timelines that leave little room for error.

CaseMark automates the heavy lifting of Series A SPA drafting by ingesting your term sheet, cap table, and organizational documents to produce a complete, NVCA-aligned agreement. The AI handles article-by-article drafting, schedule population, cross-document coordination, and internal reconciliation — delivering a polished first draft that lets attorneys focus on negotiation strategy rather than document assembly.

How it works

  1. 1. Upload your executed term sheet, cap table, and organizational documents

  2. 2. AI analyzes deal terms and generates a complete Series A SPA following NVCA conventions

  3. 3. Review and customize representations, closing conditions, and indemnification provisions

  4. 4. Export the finalized agreement in your preferred format (DOCX, PDF)

What you get

  • Definitions & Preamble with Schedule of Purchasers

  • Purchase & Sale Mechanics

  • Company Representations & Warranties

  • Investor Representations & Warranties

  • Conditions to Closing

  • Indemnification Provisions

  • Covenants & Additional Agreements

  • Miscellaneous Provisions & Signature Blocks

  • Disclosure Schedules Framework

  • Ancillary Document Cross-Reference Summary

What it handles

  • NVCA-aligned SPA drafting with full article-by-article structure

  • Automated rep/warranty packages tailored to company stage and deal terms

  • Indemnification and closing condition provisions calibrated to market standards

  • Multi-closing and secondary sale mechanics when applicable

  • Schedule of Purchasers with reconciled share counts and pricing

  • Cross-referenced ancillary document coordination (IRA, Voting Agreement, ROFR/Co-Sale)

Required documents

  • Executed Term Sheet

    The signed term sheet containing economic terms, governance provisions, and key deal parameters for the Series A financing

    .pdf, .docx

  • Current Cap Table

    Complete capitalization table showing all outstanding equity, options, warrants, and convertible instruments

    .pdf, .docx, .xlsx

  • Organizational Documents

    Certificate of Incorporation, Bylaws, and any prior financing documents governing the company's current structure

    .pdf, .docx

Supporting documents

  • Investor Details Schedule

    Legal names, entity types, jurisdictions, and addresses for all purchasing investors

    .pdf, .docx, .xlsx

  • Due Diligence Materials

    Financial statements, IP schedules, material contracts, litigation summaries, and employment agreements for disclosure schedule preparation

    .pdf, .docx

  • Prior Financing Documents

    Previous round SPAs, convertible note agreements, or SAFE instruments that may affect the current financing structure

    .pdf, .docx

Why teams use it

Reduce SPA drafting time from days to minutes while maintaining NVCA-standard quality

Ensure internal consistency across share counts, pricing, and cross-references to ancillary documents

Generate comprehensive rep/warranty packages automatically calibrated to early-stage deal norms

Minimize revision cycles with a market-standard first draft that reflects your specific deal terms

Questions

Does the AI follow NVCA model document conventions?

Yes. CaseMark drafts Series A SPAs based on NVCA model document conventions by default, then customizes provisions based on the specific terms in your uploaded term sheet. This gives you a market-standard starting point with deal-specific tailoring.

Can it handle multiple closings and secondary sales?

Absolutely. CaseMark automatically detects whether your deal involves single or multiple closings and whether secondary sales are included. It generates the appropriate mechanics, including deadline provisions, minimum/maximum amounts, price parity terms, and separate seller delivery obligations.

How does CaseMark coordinate with ancillary financing documents?

CaseMark cross-references all concurrent Transaction Documents including the Amended Certificate of Incorporation, Investors' Rights Agreement, Voting Agreement, and ROFR/Co-Sale Agreement. This ensures consistent definitions, cross-references, and closing condition alignment across your full document suite.

What representations and warranties are included?

CaseMark generates comprehensive rep/warranty packages covering organization, authorization, capitalization, financial statements, IP, material contracts, litigation, tax, employment, and securities law compliance. The scope is calibrated to early-stage company norms and adjusted based on your deal specifics.

Can I customize the indemnification provisions?

Yes. CaseMark generates market-standard indemnification provisions including baskets, caps, survival periods, and escrow mechanics where applicable. You can review and adjust every provision before finalizing the document.

Is the output ready for execution or does it need attorney review?

CaseMark produces a high-quality first draft that significantly reduces drafting time. As with any AI-generated legal document, attorney review is recommended before execution to ensure all provisions align with your specific deal dynamics and client objectives.

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