Document background
The Cornerstone Investment Agreement is a crucial document used when a company seeks to secure significant investment from a strategic or institutional investor, particularly in the context of an IPO or major financing round. Under Dutch law, this agreement sets out the detailed terms of the investment, including subscription price, number of shares, conditions precedent, and various rights and obligations of the parties. The document is essential for companies looking to demonstrate market confidence and secure anchor investors before broader fundraising efforts. It typically includes provisions for corporate governance rights, transfer restrictions, and other key protections specific to Dutch legal requirements. The agreement must comply with Dutch corporate law, particularly the Dutch Civil Code (Burgerlijk Wetboek) and Financial Supervision Act (Wet op het financieel toezicht), while also considering relevant EU regulations.
