Michigan Form - Stock Purchase Agreement Providing for Strategic Investment in a Public Company

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Multi-State
Control #:
US-P1637AM
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FAQ

A stock purchase agreement typically includes the following information: Your business name. The name and mailing address of the entity buying shares in your company's stocks. The par value (essentially the sale price) of the stocks being sold. The number of stocks the buyer is purchasing.

A stock purchase agreement is a two-party contract that dictates transactions around a company's shares. Stock purchase agreements are standard among small corporations; they provide capital while allowing business owners to retain a controlling interest.

A purchase agreement is the final document used to transfer a property from the seller to the buyer, while a purchase and sale agreement specifies the terms of the transaction. Parties will sign a purchase agreement after both parties have complied with the terms of the purchase and sale agreement.

A share purchase agreement is a formal contract or an agreement that sets out the terms and conditions relating to the sale and purchase of shares in a company. The share purchase agreement should very clearly set out what is being sold, to whom and for how much, as well as any other obligations and liabilities.

Here are 11 things to include in a stock purchase agreement. Buyer and Seller Information. The stock purchase agreement opens with an introduction of the buyer and seller. ... Transaction Date and Time. ... Value of Shares. ... Number of Shares Being Sold. ... Representations and Warranties. ... Payment Terms. ... Due Diligence. ... Indemnification.

By Practical Law Corporate & Securities. A long-form agreement for the purchase and sale of preferred stock securities to be used in connection with a private equity transaction, such as a growth equity investment in a private corporation.

A stock purchase agreement (SPA) is the contract that two parties, the buyers and the company or shareholders, written consent is required by law when shares of the company are being bought or sold for any dollar amount.

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Michigan Form - Stock Purchase Agreement Providing for Strategic Investment in a Public Company