Build Sep 29, 2026, 12:09 PM ET · version da23c6c

Sprowtt — Growing Business in America
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For advisors

Built for the professionals who run offerings for clients.

The company runs it. Its securities counsel reviews it. Sprowtt supplies the tools and keeps the record — with one seat for counsel across its client workspaces.

For counsel

  • Every offering on your firm's seat in one queue — up to 3 offerings on the counsel-firm plan
  • Only your firm's client companies: changing the web address does not change the firm
  • Clear a deal-room section, or block it with a reason the company can act on
  • Put a whole offering on hold with a reason: the website notice comes down, and it cannot be published again until you clear the hold
  • Approve or return a company's investor update with a note, when the company turns on counsel review; only an approved update can be sent, and the company still sends it
  • Assemble a closing binder — one dated file of sections, documents, the investor register and timestamps
  • Export the offering's audit trail as a CSV file

What the software refuses to publish

  • A notice for an offering that is a draft, in review, closed or archived
  • A notice while counsel has a hold on the offering, or while the subscription is unpaid
  • A Rule 506(b) notice on any public page — it appears only through the person's own invitation link
  • A subscription or payment on a test-the-waters page, which takes indications only
  • A notice to investors containing guaranteed returns, risk-free claims, a regulator described as approving the offering, a specific percentage return, pressure language or a comparison to a famous company

Filings

  • A tracker for Form D and its amendments, Form 1-A, state notices, the Florida section 517.0611 notice and blue-sky filings
  • Each filing's status — to prepare, drafted, with counsel, filed or not required — with the file number and date
  • Form D's due date is set at 15 days after the first sale you enter, not typed in
  • Sprowtt files nothing. Counsel files.

For accountants and transfer agents

  • The company's books: capital raised, offering costs, expenses and refunds by month and quarter, exported as a general journal and a summary for the accountant
  • The cap table, exported for a transfer agent with the shareholder register
  • Payments recorded against each subscription: received, subscribed and still to arrive

For administrators

  • Administrator seats scoped to a city or a law firm by the profile, never by the web address
  • Up to 15 seats, assigned by the Super Admin; an invitation expires after 7 days
  • Suspending an administrator signs them out of every session at once
  • In production, administrator screens stay closed until two-factor sign-in is switched on
Advisors remain responsible for their own professional judgment. Sprowtt does not determine whether an exemption is available, approve materials, or verify compliance.