Securities Edition
Now in Beta Investment Banking  ·  M&A  ·  Capital Markets

One read.

No retained copy.

MNPI-controlled delivery
One-time access — link consumed on open
Canary watermark per recipient
Audit log for regulatory purposes
Join the Waitlist → Try It →
0
Documents retained
on our servers
1
Access permitted
per delivery
410
Response on any
second attempt
Documents you
can protect
Who It’s For

Every Role Where
Document Leaks Have
Regulatory Consequences.

Investment Banking
M&A Advisory
Private Equity
Fund Management
Compliance & Risk
Restructuring
Equity Research
Capital Markets
How It Works

The Document You Send
Before the Data Room Opens.

Step I

Upload Your Document

CIM, teaser, term sheet, board paper, analyst report. Name the recipient. Set a reading window timed to the meeting or call. Generated in seconds — no deal team, no IT ticket.

Step II

Send the Controlled Link

Deliver by email or secure message. The recipient opens in any browser — no app, no login, no friction. The clock starts when they do. The link is consumed the moment it is opened.

Step III

One Read. Then Gone.

A controlled reading session with a visible countdown. Tab away, attempt to copy, screenshot, print, or scroll at unusual speed — the document destructs immediately. No second access. No forwarding. No download.

Canary

Identify the Source of Any Leak

Every delivery is invisibly watermarked with the recipient’s identity. If a CIM surfaces in the wrong hands, you will know precisely which counterparty it came from.

Audit

Regulatory-Grade Audit Trail

At launch, every delivery will generate a timestamped log: link opened, duration, session end. Exportable as PDF or CSV. A clean record for compliance, investigation, or regulatory review — without retaining document content.

Architecture

Zero Retention. Zero Surface.

Your document is deleted from our servers before you send it. The protected link dies after one open. We hold nothing that could be subpoenaed, breached, or disclosed to a regulator.

The Protected Session

This Is What
They See.

A controlled reading interface. Their name embedded invisibly across every line of the CIM. A countdown they can see but cannot pause. The moment they leave the tab, attempt to copy, screenshot, or print — the document destructs. No warning. No recovery. No trace.

0
Server copies
ever retained
1
Access per
delivery
Documents
protected
pageguard.io/v/nX4pQ8 CONFIDENTIAL INFORMATION MEMORANDUM · MNPI · NEED-TO-KNOW BASIS ONLY PREPARED FOR: RICHARD THORNTON · NOT FOR DISTRIBUTION · REG FD CONTROLLED 52:14 TIME REMAINING CONFIDENTIAL INFORMATION MEMORANDUM Project Meridian — Acquisition of Blackwood Capital Partners Pty Ltd Prepared by: Hartley & Associates Investment Banking · March 2026 EXECUTIVE SUMMARY TRANSACTION OVERVIEW FINANCIAL SUMMARY RICHARD THORNTON · PAGEGUARD™ · MNPI RICHARD THORNTON · PAGEGUARD™ · MNPI RICHARD THORNTON · PAGEGUARD™ · MNPI RICHARD THORNTON · PAGEGUARD™ · MNPI RICHARD THORNTON · PAGEGUARD™ · MNPI RICHARD THORNTON · PAGEGUARD™ · MNPI COPY PROTECTED · MNPI · SCREENSHOT DETECTION ACTIVE Session destructs on any copy, print, screenshot, or tab-switch attempt
Zero Retention Architecture

Nothing We Hold
Can Be Disclosed.

Not a compliance claim. An architecture. Your document cannot be subpoenaed from us, leaked by us, or produced to a regulator by us — because we do not have it. Retention is architecturally impossible, not merely policy.

I
You Upload

Your CIM, teaser, or board paper arrives encrypted in transit. Held in isolated temporary storage — never indexed, never read by PageGuard staff, never associated with your identity in our logs.

II
We Generate

PageGuard builds the protected file in seconds — MNPI watermark, countdown, all guards embedded. Your original document is permanently deleted the moment generation completes.

III
You Download One Shot

One download. On delivery the protected file is immediately deleted from our servers. A second attempt returns a permanent 410 Gone. The link cannot be reused or restored.

IV
Nothing Remains

PageGuard retains only account details and delivery logs — timestamps, file sizes, session durations. Never content. A regulator or court cannot compel us to produce what we do not have.

Encrypted in transit
MNPI-aware delivery log
Reg FD controlled
Cannot be subpoenaed
Audit log export
Where It Matters

The Documents
That Cannot Leak.

MNPI

Confidential Information Memoranda

Send CIMs to shortlisted acquirers under strict access controls. Each recipient gets one read, invisibly watermarked. If a deal leaks before announcement, you know exactly which party it came from.

Need-to-Know

Term Sheets & Offer Letters

Share preliminary terms with counterparties on a controlled, timed basis. No retained copy on their end. No forwarding to their advisors. The terms expire with the session.

Reg FD

Analyst Reports & Research

Pre-publication research, price targets, and material analysis distributed to authorised clients only — on a need-to-know basis, with a timestamped delivery record for Reg FD compliance.

MNPI

Board & Committee Papers

Board papers containing material non-public information — earnings, acquisitions, restructuring — distributed to directors under timed, copy-protected sessions. Audit log for every delivery.

Pre-NDA

Deal Teasers & Process Letters

The document before the data room. Share teasers and process letters with potential bidders at the top of a process — without handing them a permanent copy before NDAs are signed.

Restructuring

Restructuring & Distressed Situations

Creditor presentations, restructuring proposals, and insolvency analysis shared across creditor groups under strict access controls. Know who read it, when, and for how long.

Pricing

Priced for
Deal Flow.

Pricing at launch — join the waitlist for early access.

Analyst
$ 99 /month

For individual bankers, advisors, and analysts managing document delivery independently.

  • Unlimited protected documents
  • Sessions up to 4 hours
  • MNPI canary watermark
  • All protection features
  • 90-day delivery log
  • Log export for compliance
  • Team members
  • Data Processing Agreement
Desk
$ 749 /month

For deal teams and advisory desks requiring centralised control and compliance documentation.

  • Up to 10 practitioners
  • All Practitioner features
  • Centralised admin & billing
  • Data Processing Agreement
  • SSO-ready
  • API access
  • Custom branding
  • Dedicated relationship manager
Or Pay Per Deal
Single Matter — 90 Days

Unlimited document deliveries for one transaction or matter. Ideal for advisors working on a specific deal who don’t need a permanent subscription. Includes all Practitioner features and full audit log export.

$499 per matter / 90 days

Bulge bracket banks, large advisory firms, or compliance-driven enterprise deployments — contact us for bespoke DPA, SSO integration, MNPI workflow consultation, and volume pricing.

Pricing in USD — monthly or annual (2 months free) — cancel any time — every plan deletes your document on delivery

† Available at launch — join the waitlist to be notified

Common Questions

Answered
Directly.

Regulation Fair Disclosure prohibits selective disclosure of material non-public information to certain investors without simultaneous public disclosure. PageGuard does not make a legal determination about what constitutes MNPI — that remains your responsibility. What it does is create a timestamped, auditable delivery record showing precisely who received specific information, when, and for how long — the kind of documentation that demonstrates controlled, need-to-know distribution if your process is ever reviewed.
Yes — they can forward the URL. But it only works once. The moment the first person opens the link, it is consumed and permanently deleted from our servers. Any subsequent attempt — from a forwarded copy or a second open — returns a permanent 410 Gone. The canary watermark in the document identifies which recipient’s link was forwarded.
We cannot produce what we do not have. PageGuard retains no document content at any point after your protected file is delivered. Our servers hold only account records, delivery timestamps, and file sizes — never the substance of any document. A subpoena or regulatory demand to PageGuard would return delivery logs only. The document itself is gone from our systems before it is ever sent.
Yes — available at launch. Your account dashboard will record a timestamped log for every delivery: when the link was created, when it was opened, session duration, and session end event (timeout, destruct trigger, or manual close). This log will be exportable as CSV or PDF. It records access events — not document content — and will be retained for 12 months on Practitioner and Desk plans. Join the waitlist to be notified when the full audit trail launches.
A VDR is a multi-party deal room requiring IT setup, NDA workflows, and user provisioning — appropriate for full due diligence processes. PageGuard is the tool you use before the data room opens: the teaser, the CIM to three shortlisted parties, the term sheet to the lead investor. Single document. Single recipient. Delivered in two minutes, no deal team required. PageGuard complements a VDR — it does not replace it.
Until the link is opened the protected file can be deleted. Email confidential@pageguard.io with the link ID and it will be removed immediately — the link returns a permanent 410 Gone. A self-service revocation dashboard is coming at launch. If the link has already been opened, the session has run — the one-shot mechanism prevents any further access, but the initial read has occurred.