Owners
Selling / Raising

Update a deal through IOI, LOI, and closing

Keep the buyer relationship and overall project aligned with real negotiation progress.

Keep the buyer relationship and overall project aligned with real negotiation progress.

Before you start

Confirm which buyer and which milestone you are updating.

Steps

  1. Open the buyer relationship in Contacted or Interested.

  2. Use the available stage action, such as IOI Received, LOI Received, or Under LOI, to reflect actual progress.

  3. Update the overall project state separately when the transaction enters Reviewing LOIs or Under LOI.

  4. At completion, use the close-deal flow and review the transaction details before confirming.

What happens next

The relationship stage and the project state describe different levels of progress. Recording a milestone is not submission, execution, or acceptance of a legal offer.

Common problems

Do not mark every interested buyer Under LOI because the project has entered that stage with one counterparty. Custom-NDA relationships require their executed PDF before later milestones can be recorded.

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Choose the right project for a business sale or a capital raise.

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Use the guided sale intake to prepare a project and submit it for review.

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Use the full editor when you need more control than the guided sale intake provides.

Create a capital-raising project

Describe a capital raise and the kind of funding you are seeking.

Choose your relationship to the company

Tell Dealflow whether you are a company principal, investor, board member, or advisor.

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Use AI assistance to improve your project copy while retaining responsibility for its accuracy.

Enter Revenue, EBITDA, and other financials

Enter financials in the right currency, units, and reporting periods.

Keep company identity and sensitive information confidential

Review what your teaser and documents reveal before you share them.

Upload documents or submit while preparing your CIM

Add available materials now or submit the guided intake while your CIM is still being prepared.

Choose a standard or custom NDA

Select the agreement that counterparties should complete for your deal.

Configure CIM access and delivery

Choose whether ready CIM materials are shared automatically after NDA execution or released manually.

Set outreach contacts and messages

Set the team contacts and note template used for project outreach.

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Respond to access requests and buyer interest

Review a buyer's request before deciding how to engage and release materials.

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Use the deal conversation for specific questions and follow-ups.

Manage signed NDAs and share the CIM

Check the recorded agreement and release CIM materials through the deal's configured workflow.

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Use the actual project states when a deal pauses, ends unsuccessfully, or closes.

Edit, duplicate, and resume a saved project

Continue an existing draft or create a separate project from its information.

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Still need a hand?

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