Blueprint Playbook for Irwin

Who the Hell is Jordan Crawford?

Founder of Blueprint. I help companies stop sending emails nobody wants to read.

The problem with outbound isn't the message. It's the list. When you know WHO to target and WHY they need you right now, the message writes itself.

I built this system using government databases, public records, and 25 million job posts to find pain signals most companies miss. Predictable Revenue is dead. Data-driven intelligence is what works now.

The Old Way (What Everyone Does)

Your GTM team is buying lists from ZoomInfo, adding "personalization" like mentioning a LinkedIn post, then blasting generic messages about features. Here's what it actually looks like:

The Typical Irwin SDR Email:

Subject: Transform Your Investor Relations Strategy Hi Susan, I noticed you recently posted about quarterly reporting challenges on LinkedIn. At Irwin, we help public companies streamline investor relations with our all-in-one platform. Our IR solution provides: • Real-time shareholder tracking • Automated reporting workflows • Enhanced investor engagement tools We've helped companies like yours reduce manual work by 40%. Would you be open to a quick 15-minute call to see how we can help? Best, Mike

Why this fails: The prospect is an expert. They've seen this template 1,000 times. There's zero indication you understand their specific situation. Delete.

The New Way: Intelligence-Driven GTM

Blueprint flips the approach. Instead of interrupting prospects with pitches, you deliver insights so valuable they'd pay consulting fees to receive them.

1. Hard Data Over Soft Signals

Stop: "I see you're hiring investor relations people" (job postings - everyone sees this)

Start: "Your market cap hit $2.1M on Friday - that's $1.9M below Nasdaq's $4M minimum" (SEC filings with exact amounts)

2. Mirror Situations, Don't Pitch Solutions

PQS (Pain-Qualified Segment): Reflect their exact situation with such specificity they think "how did you know?" Use government data with dates, record numbers, specific thresholds.

PVP (Permissionless Value Proposition): Deliver immediate value they can use today - analysis already done, deadlines already pulled, patterns already identified - whether they buy or not.

Irwin GTM Plays: Intelligence-Driven Outreach

These messages demonstrate precise understanding of the prospect's current situation and deliver actionable intelligence. Every claim traces to verifiable data sources. Sorted by quality score (highest impact first).

PVP Public + Internal Strong (9.1/10)

ISS Recommendation Prediction

What's the play?

Cross-reference the prospect's upcoming proxy proposals with ISS voting guidelines to predict negative recommendations before they're published. Provide the exact threshold they're violating and language ISS will use.

Why this works

IR teams fear ISS negative recommendations because they tank shareholder votes. Giving them advance warning with the exact language ISS will cite allows them to prepare counter-arguments or modify proposals before it's too late. This is immediately actionable intelligence worth thousands in avoided advisory fees.

Data Sources
  1. SEC Proxy Statements (DEF 14A) - proposal details, equity plan dilution percentages
  2. ISS Voting Guidelines Database - threshold rules by proposal type

The message:

Subject: ISS will likely recommend 'against' on your Prop 3 I ran your Proposal 3 (equity plan expansion) through ISS's published voting guidelines for 2025. Your dilution exceeds their 8.4% threshold by 1.9 percentage points. Want the specific language ISS will cite in their report?
DATA REQUIREMENT

This play requires ISS voting guidelines database cross-referenced with SEC proxy filings. The synthesis (running their proposal through ISS rules) creates unique predictive value.

This synthesis is unique to your platform - competitors without ISS guideline integration cannot replicate this timing advantage.
PVP Public + Internal Strong (9.0/10)

Voting Power Concentration Analysis

What's the play?

Calculate the exact number of institutional holders needed to pass any proxy proposal based on their ownership concentration, then provide voting records for those specific holders on similar proposals.

Why this works

IR teams often waste effort on broad shareholder outreach when a handful of holders control outcomes. Showing them the math (you need 4 votes out of these 10 holders) plus the voting history of those exact holders makes proxy planning immediately more strategic and efficient.

Data Sources
  1. Finnhub Institutional Holdings API - shares held, percentage owned
  2. Institutional Voting Records Database - proxy voting patterns by holder

The message:

Subject: Your top 10 holders account for 71% of your float I calculated your ownership concentration - your top 10 institutional holders control 71% of free float. That means you only need 4-5 holder votes to pass any proxy proposal. Want the voting power breakdown and their proxy voting records?
DATA REQUIREMENT

This play requires institutional ownership data cross-referenced with voting history databases. The calculation of vote math plus targeting specific holders creates the unique value.

This synthesis (float concentration + voting records) is proprietary analysis competitors without voting databases cannot deliver.
PVP Public + Internal Strong (8.9/10)

Activist Voting Patterns at Top Holders

What's the play?

Identify which of the prospect's top institutional holders have voted against similar proposals at peer companies, then provide the specific rationale those holders cited.

Why this works

IR teams need to anticipate voting opposition before proxy season. Showing them that 3 of their top holders holding 23% of shares voted against similar comp plans at peers - with the exact reasoning - allows proactive outreach and messaging adjustments before the vote.

Data Sources
  1. Finnhub Institutional Holdings API - institutional holder names, percentage owned
  2. Institutional Voting Records Database - voting patterns by holder and proposal type

The message:

Subject: 3 of your top holders voted against similar comp plans Wellington, Dimensional, and T. Rowe Price hold 23% of your shares combined, and all 3 voted against executive compensation at peer companies in your sector last proxy season. Your Say-on-Pay is coming up in 47 days. Want their specific voting rationale from those proxy fights?
DATA REQUIREMENT

This play requires institutional voting records database cross-referenced with the recipient's shareholder base. The synthesis identifies holders with anti-management voting history.

Only platforms with voting pattern databases can deliver this targeted intelligence - competitors without this data cannot replicate.
PVP Public + Internal Strong (8.8/10)

Compliance Resolution Benchmarks

What's the play?

For companies facing delisting or compliance issues, provide a curated list of comparable companies that successfully regained compliance, including their exact strategies, advisors used, and post-compliance stock performance.

Why this works

IR teams at distressed companies need board-ready case studies to justify compliance strategies. Delivering 8 peer companies with reverse split ratios, PIPE structures, and actual outcomes saves them days of research and provides immediate decision-making support.

Data Sources
  1. SEC EDGAR Database - 8-K filings for compliance actions, reverse splits, capital raises
  2. DataHub NASDAQ Listings - financial status flags, compliance history
  3. Historical Stock Performance Database - post-compliance price movements

The message:

Subject: I mapped 8 comparable companies who regained compliance I found 8 small-caps in your sector and market cap range who regained Nasdaq compliance in 2023-2024. 6 did reverse splits (average 1-for-5), 2 raised capital through PIPEs. Want their timelines, advisors used, and post-compliance stock performance?
DATA REQUIREMENT

This play requires tracking compliance resolution strategies across public companies with outcome data (stock performance, advisor names, filing timelines).

This curated benchmark database is proprietary - competitors without compliance resolution tracking cannot deliver these case studies.
PVP Public + Internal Strong (8.7/10)

Glass Lewis Governance Rating Prediction

What's the play?

Analyze the prospect's board composition against Glass Lewis independence thresholds to predict negative governance ratings before proxy publication, providing exact language and holder response patterns.

Why this works

Glass Lewis "High Concern" ratings can kill shareholder votes. Showing IR teams the exact threshold violation (40% independence vs 50% minimum) and how other holders react to this rating gives them time to address board composition or prepare messaging before proxy season.

Data Sources
  1. SEC Proxy Statements (DEF 14A) - board composition, director independence
  2. Glass Lewis Governance Guidelines - independence thresholds, rating criteria

The message:

Subject: Glass Lewis will flag your board independence issue Your board has 5 directors and 2 are independent - that's 40% independence versus Glass Lewis's 50% minimum for controlled companies. Glass Lewis will issue a 'High Concern' governance rating in your proxy. Want the exact language they'll use and holder response data?
DATA REQUIREMENT

This play requires Glass Lewis governance guidelines database cross-referenced with SEC proxy filings on board composition.

This synthesis (running board structure through Glass Lewis rules) is proprietary to platforms with proxy advisor guideline databases.
PVP Public + Internal Strong (8.7/10)

Targeted Turnaround Investor Leads

What's the play?

For distressed companies, identify specific institutional investors who recently took positions in similar small-caps during compliance periods, providing names, investment criteria, and recent 13D filings.

Why this works

IR teams at distressed companies desperately need capital sources but don't know which investors specialize in turnarounds. Delivering 4 specific investor names with recent activity in their market cap/sector plus investment criteria creates immediate actionable leads they can pursue.

Data Sources
  1. SEC Form 13-F Filing Database - new positions, holdings changes
  2. SEC 13D Filings - activist investor positions
  3. Institutional Investor Profile Database - investment criteria, sector focus

The message:

Subject: I found 4 investor targets who specialize in turnarounds I identified 4 institutional investors who've taken positions in small-caps during compliance periods in the past 18 months (names: Archon Capital, Fundamental Global, Kanen Wealth, Royce & Associates). All 4 have filed 13Ds in your market cap range and sector. Want their investment criteria and recent filings?
DATA REQUIREMENT

This play requires database of activist/turnaround investor profiles cross-referenced with 13-F and 13D filings to match investors to company characteristics.

This curated investor targeting database is proprietary - competitors without investor profile tracking cannot deliver these specific leads.
PVP Public + Internal Strong (8.6/10)

Top Holder Voting Strategy Analysis

What's the play?

Analyze the prospect's shareholder base to identify which holders control voting outcomes, then map their historical voting patterns to provide strategic proxy preparation recommendations.

Why this works

IR teams waste time on broad outreach when a few holders decide outcomes. Showing them that their top 5 holders control 41% of votes, and 3 voted against management at similar companies, focuses their proxy strategy on the relationships that actually matter.

Data Sources
  1. Finnhub Institutional Holdings API - institutional holder names, percentage owned
  2. Institutional Voting Records Database - voting patterns at peer companies

The message:

Subject: Your top 5 holders control 41% of votes I analyzed your holder base - your top 5 institutions control 41% of voting power, and 3 of them voted against management at similar companies in 2024. I mapped their voting patterns on executive comp and governance proposals. Want the voting history breakdown for your May meeting?
DATA REQUIREMENT

This play requires institutional ownership data cross-referenced with voting pattern databases to identify holders with anti-management voting history.

Only platforms with voting records can deliver this targeted holder strategy - competitors without voting data cannot replicate.
PVP Public + Internal Strong (8.6/10)

Analyst Coverage Rebuild Strategy

What's the play?

For companies that lost analyst coverage, provide specific replacement analyst names with contact info and coverage initiation criteria based on recent coverage changes in their sector.

Why this works

Losing analyst coverage kills stock liquidity and visibility. IR teams need specific leads to rebuild coverage but don't know which analysts are expanding sector focus. Delivering 7 analyst names with initiation criteria creates immediate actionable outreach targets.

Data Sources
  1. SEC EDGAR Database - historical earnings call transcripts showing analyst participation
  2. Sell-Side Analyst Database - analyst sector coverage, initiation criteria, contact info

The message:

Subject: Your analyst coverage dropped from 4 to 1 in 18 months In June 2023 you had coverage from 4 sell-side analysts. Today only Roth Capital maintains coverage. I have contact info for 7 analysts who cover small-caps in your sector and price range. Want their names and initiation criteria?
DATA REQUIREMENT

This play requires database of sell-side analysts by sector with coverage criteria and contact information, cross-referenced with earnings call participation history.

This curated analyst targeting database is proprietary - competitors without analyst tracking cannot deliver these specific leads.
PVP Public + Internal Strong (8.5/10)

Vanguard Voting Pattern Warning

What's the play?

Identify when a major institutional holder (like Vanguard) voted against similar governance proposals at peer companies, then provide the specific rationale to help prepare defense strategy.

Why this works

Large institutional holders like Vanguard follow predictable voting patterns. Showing IR that their 2nd largest holder (8.3%) voted against audit committee chairs at 3 peers over auditor independence - with specific reasoning - allows proactive engagement before the proxy is even filed.

Data Sources
  1. Finnhub Institutional Holdings API - institutional holder names, ownership percentage
  2. Institutional Voting Records Database - voting patterns by issue type (auditor independence, comp, governance)

The message:

Subject: Vanguard voted against your audit committee chair at 3 peers Vanguard (your 2nd largest holder at 8.3%) voted against audit committee chairs at 3 companies in your industry in 2024 proxy season. All 3 cases involved concerns about auditor independence. Want their specific voting rationale and how it applies to your proxy?
DATA REQUIREMENT

This play requires institutional voting records database tracking patterns by issue type (auditor independence, governance), cross-referenced with recipient's shareholder base.

Only platforms with voting pattern tracking by issue category can deliver this predictive intelligence.
PQS Public Data Strong (8.4/10)

Small-Cap Companies Approaching Delisting Thresholds

What's the play?

Target small-cap public companies with market caps below $4M Nasdaq minimum or financial status flags, showing exact dollar shortfall and days remaining in compliance period.

Why this works

The specificity of "your market cap is $2.1M, that's $1.9M below the $4M minimum" proves you pulled their actual data. Delisting is an existential threat - when you show exact numbers and timeline, you're demonstrating expertise they desperately need right now.

Data Sources
  1. DataHub NASDAQ Listings CSV - financial status flags, market category
  2. SEC EDGAR Database - market cap from 10-Q/10-K filings

The message:

Subject: Your $2.1M market cap puts you 40 days from delisting Your market cap hit $2.1M on Friday - that's $1.9M below Nasdaq's $4M minimum. You have 180 days to regain compliance before delisting proceedings start (day 140 now). Who's leading the compliance plan with the exchange?
PVP Public + Internal Strong (8.3/10)

Earnings Call Attendance Drop Analysis

What's the play?

Track quarterly earnings call participant counts to identify declining analyst/investor engagement, then provide the list of who stopped attending and their stated reasons.

Why this works

Declining earnings call attendance signals investor disengagement. Showing the exact drop (12 → 9 → 7 participants, 42% decline) with names of who stopped attending reveals relationships that need immediate attention. This is intelligence IR teams can't easily compile themselves.

Data Sources
  1. SEC EDGAR Database - earnings call transcripts with participant lists
  2. Earnings Call Tracking Database - participant attendance patterns across quarters

The message:

Subject: Your last 3 earnings calls had 40% attendance drop I reviewed your earnings call transcripts - Q2 had 12 participants, Q3 had 9, Q4 had 7. That's a 42% drop in analyst and investor attendance over 6 months. Want the list of who stopped attending and their stated reasons?
DATA REQUIREMENT

This play requires tracking earnings call participant lists across quarters to identify attendance patterns and drop-offs.

This longitudinal participant tracking is proprietary - competitors without multi-quarter attendance databases cannot deliver this trend analysis.
PQS Public Data Strong (8.2/10)

Trading Liquidity Collapse

What's the play?

Identify small-cap companies with dramatic drops in average daily trading volume year-over-year, signaling liquidity concerns and market maker relationship issues.

Why this works

The 75% volume decline (34,000 → 8,400 shares) is a crisis metric most IR teams don't actively monitor. Showing exact numbers with year-over-year comparison proves you're tracking their liquidity health - a genuine pain point that needs immediate attention.

Data Sources
  1. Stock Market Data API - average daily volume by ticker
  2. SEC EDGAR Database - ticker symbol, company name

The message:

Subject: Your average daily volume fell to 8,400 shares Your 90-day average daily trading volume is 8,400 shares - down from 34,000 shares a year ago. That's a 75% decline in liquidity. Who's responsible for market maker relationships?
PQS Public Data Strong (8.1/10)

Delisting Compliance Countdown

What's the play?

For companies in Nasdaq compliance periods, calculate exact days remaining before delisting proceedings begin, showing the urgency timeline.

Why this works

Calculating that they're on day 140 of a 180-day period (40 days left) shows you understand the exact mechanics of exchange compliance rules. The precision demonstrates expertise and creates genuine urgency for immediate response.

Data Sources
  1. DataHub NASDAQ Listings CSV - financial status flags
  2. SEC EDGAR Database - 8-K filings announcing compliance deficiencies

The message:

Subject: 140 days into your Nasdaq compliance period You're on day 140 of your 180-day period to regain the $4M market cap minimum. That leaves 40 trading days before Nasdaq initiates delisting proceedings. Is your CFO already working with exchange staff on this?
PQS Public Data Strong (8.0/10)

Bid-Ask Spread Liquidity Warning

What's the play?

Identify companies with abnormally wide bid-ask spreads (12%+) compared to Nasdaq liquidity thresholds (2%), signaling institutional concern about market depth.

Why this works

Most IR teams don't monitor intraday bid-ask spreads. Showing the specific percentage (12.3% on January 15th) vs the 2% threshold with the insight about institutional concern demonstrates non-obvious market expertise that gets attention.

Data Sources
  1. Stock Market Data API - bid-ask spread data by ticker
  2. SEC EDGAR Database - ticker symbol, company name

The message:

Subject: Your bid-ask spread hit 12% yesterday Your average bid-ask spread was 12.3% on January 15th - that's 6x wider than the 2% threshold Nasdaq considers liquid. Wide spreads signal institutional concern about market depth. Who's monitoring your trading liquidity metrics?
PQS Public Data Okay (7.9/10)

Retail Shareholder Count Collapse

What's the play?

Track quarterly changes in retail shareholder counts from proxy filings to identify dramatic drops that signal deteriorating retail investor confidence.

Why this works

The 31% drop in retail holders (8,400 → 5,800 in 90 days) is a red flag most IR teams miss. Retail investor exodus often precedes institutional selling. The specific numbers prove you're tracking their shareholder composition changes over time.

Data Sources
  1. SEC Proxy Statements (DEF 14A) - retail shareholder counts
  2. SEC EDGAR Database - quarterly filings

The message:

Subject: Your retail holder count dropped 31% this quarter Your retail shareholder count went from 8,400 to 5,800 between Q3 and Q4 filings. That's 2,600 individual investors who exited in 90 days. Is someone tracking why retail is leaving?
PQS Public Data Okay (7.8/10)

Passive Index Fund Voting Composition

What's the play?

Analyze institutional holder composition from 13-F filings to identify companies where passive index funds (Vanguard, BlackRock, State Street) dominate ownership, affecting proxy voting dynamics.

Why this works

Showing that 63% of institutional ownership is passive funds who rarely vote on anything except contested elections helps IR teams understand their proxy voting landscape. This insight shapes their entire shareholder meeting strategy and expectations.

Data Sources
  1. Finnhub Institutional Holdings API - institutional holder names, ownership percentage
  2. SEC Form 13-F Filing Database - institutional investor types

The message:

Subject: 63% of your holders are passive index funds Your 13F filings show 63% institutional ownership is passive index funds (Vanguard, BlackRock, State Street). These holders rarely vote on anything except contested director elections. Who's designing your proxy strategy for the May meeting?
PQS Public Data Okay (7.7/10)

8-K Filing Frequency Spike

What's the play?

Track frequency of 8-K current report filings to identify companies filing 3x their normal rate, which signals operational stress or regulatory pressure to investors.

Why this works

IR teams often don't realize that filing 8 current reports in 45 days (vs normal frequency) sends negative signals. The comparison to baseline proves you're tracking their filing patterns and understand investor perception implications.

Data Sources
  1. SEC EDGAR Database - 8-K filings by company and date

The message:

Subject: You've filed 8 8-Ks in the past 45 days You filed 8 current reports since December 1st - that's 3x your normal filing frequency. Frequent 8-Ks during compliance periods signal operational stress to investors. Is your legal team coordinating disclosure strategy?
PQS Public Data Okay (7.4/10)

Proxy Statement Filing Deadline

What's the play?

Calculate upcoming DEF 14A proxy filing deadlines based on historical annual meeting dates to create urgency around proxy preparation timing.

Why this works

Calculating the specific deadline (38 days to DEF 14A filing) based on their historical meeting pattern shows you understand their proxy calendar. The timing creates natural urgency for engagement without being pushy.

Data Sources
  1. SEC Proxy Statements (DEF 14A) - historical annual meeting dates

The message:

Subject: Your proxy statement is due in 38 days Your annual meeting is typically held in early May, which means your DEF 14A is due by March 25th. That's 38 days from today. Is your draft proxy already with counsel for review?

What Changes

Old way: Spray generic messages at job titles. Hope someone replies.

New way: Use public data to find companies in specific painful situations. Then mirror that situation back to them with evidence.

Why this works: When you lead with "Your market cap hit $2.1M - that's $1.9M below Nasdaq's $4M minimum" instead of "I see you're hiring investor relations people," you're not another sales email. You're the person who did the homework.

The messages above aren't templates. They're examples of what happens when you combine real data sources with specific situations. Your team can replicate this using the data recipes in each play.

Data Sources Reference

Every play traces back to verifiable public data or proprietary analysis. Here are the sources used in this playbook:

Source Key Fields Used For
SEC EDGAR Database CIK, ticker, 10-K/10-Q filings, 8-K current reports, DEF 14A proxy, Form 4 insider trades Regulatory filings, compliance tracking, insider transactions, proxy statements
Finnhub Institutional Holdings API Institutional holder name, shares held, value, percentage owned, 13-F filing date, change in holding Shareholder composition, ownership changes, institutional investor identification
Financial Modeling Prep Institutional Holdings API Institutional investor name, portfolio holdings count, CIK number, investor address Institutional investor database, contact points for IR campaigns
DataHub NASDAQ Listings CSV Symbol, security name, market category, financial status, round lot size, ETF indicator Compliance status tracking, financial status flags, delisting risk identification
SEC Form 13-F Filing Database Reporting institution, reporting period, holdings value, stock positions, new positions, exited positions Institutional investor activity tracking, position changes, activist identification
ISS Voting Guidelines Database Proposal type thresholds, dilution limits, governance standards, voting recommendation criteria Proxy advisor recommendation prediction, proposal compliance checking
Glass Lewis Governance Guidelines Board independence thresholds, governance rating criteria, director qualification standards Governance rating prediction, board composition analysis
Institutional Voting Records Database Holder voting patterns by proposal type, voting rationale, historical positions on comp/governance issues Shareholder voting prediction, holder engagement strategy
Stock Market Data API Daily volume, bid-ask spread, market cap, price movements Liquidity tracking, trading activity monitoring, market depth analysis
Earnings Call Tracking Database Participant lists by quarter, attendance patterns, stated reasons for attendance changes Analyst engagement tracking, investor interest monitoring
Sell-Side Analyst Database Analyst names, sector coverage, initiation criteria, contact information, firm affiliation Analyst coverage rebuild targeting, coverage gap identification