A Letter of Intent (LOI) is a document that outlines the key proposed business terms of a transaction (most commonly an acquisition), often including price, structure, exclusivity, and key conditions, while noting which provisions are binding vs. non-binding. In deal process, a Letter of Intent serves as the roadmap for diligence and definitive documentation, and the Letter of Intent stage is where leverage and deal certainty are often set.
Ryan RobertsStartup 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.
