Build a buyer-side diligence list the team will finish
This page lists three turns, the messages you send to the AI one after another in the same chat, and then a check of the answer. Keep it open next to your chat. Each turn shows the next thing to paste, with the values you entered already filled in. Nothing is sent from this page, and your conversation stays in the AI tool you are using.
Structure, size, consideration, and escrow or holdback terms.
What the target sells and to whom; this drives the items generalists miss.
Where the target is organized, where it operates, and which regulators or filing regimes are in play.
Issues surfaced in the LOI process, the banker's book, or a prior look.
Exclusivity dates, milestone deadlines, review budget, and team size.
Watch for these throughout
Regulated-industry diligence (HIPAA, GLBA, FDA, ITAR, state licensure, sanctions) is where generalist lists get people hurt. Confirm which regimes actually reach this target before relying on any item here.
Antitrust gun-jumping rules and clean-team protocols limit what a buyer may see before closing, particularly competitively sensitive pricing, customer, and wage data. Set the protocol before the first request goes out.
Diligence findings are only worth what they change. If nothing on this list ends up in a rep, an indemnity, an escrow, or the price, the exercise was theater.
Do not accept management summaries where source documents exist. Summaries are drafted by the people whose answers you are testing.
The model does not know this target. Every industry-specific item is a hypothesis about the business model until someone on the deal team confirms it.