What buyers actually test
Rights chain, evidence quality, concentration, transferability, and the realism of management's value claims. The deal model collapses on any of those failing.
Sell-side preparation
A defensible registry, a published band, a rights binder, and a red-team challenge package shorten diligence and protect price.
Buy-side execution
Independent re-runs of KRDS against the target's evidence, a clean-room read where rights permit, and a warranty position consistent with the band.
Questions buyers actually ask.
No. It is an evidence-led economic and rights review designed for transaction decisions and warranty drafting.
Yes, where the target's counsel and the entity's counsel agree on enclave terms.
Yes. P10·P50·P90 bands are well-suited to earn-out and retention structuring.
Typically four to eight weeks against a cooperative data room.