The ProspectusApp is created by Comistar Estonia, a legal and financial advisory office for SMEs with focus on blockchain and capital markets. Comistar Estonia is an official partner of the Estonian e-Residency program, and has operated as a financial and legal partner for innovative companies for 7 years. Comistar has offices in Estonia, Finland, Switzerland and the US.
The ProspectusApp is built to be an interactive tool for projects and lawyers to simplify the process of preparing a compliant prospectus. We believe we can help to reduce the legal fees from 10 000€ to 30 000€, dependent on the Member State. Our belief is based on the insight that law firms generally charge 50 – 100 billable hours at this first stage of preparing the prospectus draft. While we can’t guarantee exact figures, we can guarantee the eventual cost-savings.