Subscription Letter

A short form document confirming the key terms pursuant to which the shares in the company shall be subscribed for. The key terms will include:

  • The price per share and aggregate price of the subscription
  • The number and type of shares subscribed for such person
  • The closing mechanics
  • The accession to the shareholders agreement (if any)

This document will be useful where the target company is in the early stages of development, or where the investor would like to enter into the investment using a short and simple instrument.

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