Different types of redeemable convertible preferred stocks must be registered under different names, such as type 1 redeemable convertible preferred stock and second type of redeemable convertible preferred stock, and the redemption right, conversion right, and preference of each redeemable...
Month: September 2021
D’LIGHT Law Group provided advice on how to incinerate founders' stocks through inequality reduction, procedures under commercial law, tax problems, and documents necessary for registration due to the situation in which they had to incinerate their shares in the process...
D’LIGHT Law Group advised startups on how to legally acquire treasury stocks in a situation where investors wish to exercise redemption rights or put options for redeemable convertible preferred stocks they own with respect to startups. There are two ways...
At the time of signing an investment contract for redeemable convertible preferred stocks, the period of conversion was extended to 10 years, and the duration of conversion was not set separately. In order to change the conversion period and duration,...
In a situation where it is difficult to conduct a face-to-face general meeting of shareholders due to the COVID-19, (1) whether it is possible to convene a general meeting of shareholders via e-mail, and (2) whether a resolution for a...
Provided legal advice on overall acquisition finance and LBO to raise funds in the process of asset transfer or business transfer. Various types of underwriting financing are used, such as debt, equity, mixed, and LBO. In addition, legal opinions were...
The client is a large domestic K trust company, and the M developer signed the land as collateral in the process of purchasing the land, which is the business site, and making a PF loan of about 9 billion won...
Startups that provide services that allow individuals to claim insurance premiums that they have not been able to claim, must (1) log in to the National Tax Service website (requires entering a resident registration number) and receive the information reported...
Advised on service agreements in English necessary for non-residents (foreigners) to be appointed as executives of Korean pharmaceutical/bio start-ups. At the same time, the above non-resident executives were given stock options (stock options) from the above startups. A stock option...