Time is a vital resource that every enterprise treasures and attempts to change into a reward. When selecting document management application, be aware of a clutterless and user-friendly interface that empowers users. DocHub offers cutting-edge tools to improve your document managing and transforms your PDF editing into a matter of a single click. Remove Words from the Investor Rights Agreement with DocHub in order to save a lot of efforts and improve your efficiency.
Make PDF editing an simple and intuitive operation that will save you a lot of valuable time. Quickly change your files and give them for signing without having switching to third-party alternatives. Concentrate on relevant tasks and boost your document managing with DocHub starting today.
Hey, its Todd Ault and these are Wall St. Words. Todays word is Subscription Agreement. Whats a subscription agreement? When you want to buy stock from a company in a private placement, youve got to sign a subscription agreement. It says that youve read the private placement, you understand it, youre qualified and youre committed to a contract to buy stock or be part of a limited partnership. I have raised money, millions of dollars, hundreds of millions of dollars over the last 30 years, and every investor had to sign a subscription agreement. Subscription agreements make sure that you reference the PPM, possibly a warrant agreement or other things you get for investing your money. Anecdotally, on the side, Ive done lots of subscription agreements when I raised money. You actually sign a subscription agreement when you invest in a hedge fund or other private entities, etc.. The one thing to consider when youre raising money for your private company, lets say youre a startup