The subscription agreement gives the necessary information for a subscriber to move forward with investing in a private placement. This includes the price per share being acquired and the number of shares being acquired. Legal language explains necessary confidentiality provisions, which state governs the agreement, and the rights and requirements of the subscriber. The agreement also should require the subscriber to certify that he, she or it is accredited and has not been solicited so that the seller has a record that the proper procedures were followed.
