Subscriber Agreement National Tenant Information Services

Instructions and help about Subscriber Agreement National Tenant Information Services

Hey, it's Todd Ault and these are Wall St. Words. Today's word is Subscription Agreement. What's a subscription agreement? When you want to buy stock from a company in a private placement, you've got to sign a subscription agreement. It says that you've read the private placement, you understand it, you're qualified and you're 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, I've 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 you're raising money for your private company, let's say you're a startu