Subscription Agreement

A Subscription Agreement is the contract through which an investor agrees to purchase securities in an offering and makes representations about eligibility (e.g., accredited status), investment intent, and other compliance-related matters. In private financings, the Subscription Agreement is a key closing document used to document the sale and support exemption compliance, and Subscription Agreement terms typically include investor questionnaires and signature blocks. The document can also be called a Purchase Agreement.

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Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.