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What is a data room and when is it used?

Published on 18/08/2022
Contributor(s): Jean-Louis Dubrule

A data room, although often virtual, is a secure online location used for the storage and distribution of documents. It is typically used during the due diligence process prior to a capital increase to review, share and disclose company documents. These documents, often strictly confidential, are usually contracts, invoices, patents and business plans.

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