Transaction terms rarely operate in isolation. Due diligence affects price and protection, while investor rights shape future decisions. These materials explain the connections before documents are signed.
Practical questions
Where should the analysis begin?
01What should be binding in the term sheet?
02How should the company prepare for due diligence?
A sound NDA does not simply label “all information” as secret. It identifies what is disclosed, the permitted purpose and recipients, the protection period and the practical controls showing that the business genuinely protects its know-how.
The choice between acquiring shares and acquiring a business affects continuity, liabilities, contract transfers, employees, approvals and the scope of due diligence.
The investment amount and equity percentage are only the beginning. The round documents must also address control, investor protection, founder obligations and exit rights.
A share purchase agreement should address more than the number of shares and the headline price. Payment mechanics, liability for the company’s condition and closing conditions are equally important.
A practical guide to bringing an investor into a Polish sp. z o.o.: pre-money valuation, cap table, new shares, share premium, investment documents, closing and KRS registration.