The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures. 2. With a SPA, all shareholders in the company must be consulted and agree to sell their shares in the company.
Common stocks, or common shares, represent an ownership stake in a given company. When you buy common stock, you're actually buying a small part of a company. As a part owner, you may be entitled to certain benefits such as a share of company profits, and a say in certain company decisions.
While an SPA includes comprehensive representations, warranties, covenants and indemnification provisions, an STA contains fewer clauses and may be suitable for simpler transactions.
Shares held by a broker to can be transferred to Direct Registration electronically by contacting a stockbroker and instructing the broker to transfer all or some of your shares through the Direct Registration System.
The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures. 2. With a SPA, all shareholders in the company must be consulted and agree to sell their shares in the company.