No. Participants should not discuss deal terms in GRA settings.
Deal terms may include valuation, pricing, equity terms, debt terms, interest rates, covenants, collateral, investor rights, liquidation preferences, governance rights, warrants, guarantees, security packages, maturity, repayment terms, fees, success fees, subscription terms, fundraising targets, minimum commitments, closing timelines, or term sheet provisions.
Deal terms belong in formal transaction processes outside GRA. They should be handled by the parties, advisers, counsel, investors, lenders, underwriters, and decision-makers through lawful channels.
GRA may help identify what categories of information a future reviewer may need, but it should not host negotiation, solicitation, structuring, or commercial bargaining.
If deal terms appear in a submission accidentally, the material should be restricted, returned, redacted, or moved out of scope. If deal terms are raised in a meeting, a stop-line intervention should be used.
GRA is a readiness environment, not a deal room.
