EquityShare Unveils OMAR: A Legal AI Assistant Designed to Streamline Fundraising
An offering memorandum (OM) is a legal disclosure document required to raise capital from investors. Industry data confirms that creating an OM is expensive and slow. Small businesses spend an average of
OMAR helps to fill this gap. A user simply drops their business plan or any related information into the OMAR platform. The agent then parses the information, cross-references the content with thousands of approved Oms, organizes it and structures it in a compliant offering memorandum framework. The user can then review and fill out any remaining required fields before finalizing the document.
Automation reduces upfront costs by allowing founders to use attorneys for document review and red lining, instead of full document creation. In pilot testing, founders using OMAR created complete draft offering memorandums in under 15 minutes.
"We've been in the developer's seat; raising funds for affordable housing projects, facing delays due to offering docs, and watching legal costs pile up before a single dollar came in," said
OMAR represents a practical step toward EquityShare's vision of a unified ecosystem where technology supports every stage of capital formation. Together with tokenization, which streamlines accounting, dividend sharing, reward building, and ownership records, OMAR equips community developers and entrepreneurs with the tools to prepare and launch offerings more efficiently within a single platform.
To use OMAR, create an EquityShare account and visit equityshare.ai/agents/omar or navigate to the Agents tab from the user profile.
By the Numbers
|
Statistic |
Insight |
|
$5K–$25K |
Average cost for small businesses to prepare private offering documents (SBA) |
|
3–6 weeks |
Average time to prepare an offering memorandum through traditional legal workflows |
|
|
Average time for OMAR users to generate a complete draft OM |
|
70%+ |
Estimated cost savings when using OMAR compared to full legal preparation |
About EquityShare
EquityShare enables developers, startups, and businesses to raise capital through tokenization and crowdfunding. Operated by Equity Platforms, Inc., its mission is to equip community developers with the digital tools needed to compete in modern capital markets, streamline asset acquisition, and expand equitable ownership opportunities.
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SOURCE Equity Platforms, Inc.
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