Get a share subscription letter that matches the investment being made

A share subscription letter is commonly used when a company is issuing new shares to an investor, founder or existing shareholder who is putting in further funds. It records the key subscription terms in writing, including who is subscribing, what is being paid and what shares are being issued in return. This can be useful for early-stage investments, founder funding and private company capital raisings where the parties want the issue documented clearly. If the raise involves more complex rights or multiple investors, other documents may also be needed alongside the letter.

A common issue is that the parties think they have agreed the deal, but the paperwork does not clearly record the amount being invested, the class or number of shares, when funds are due, or whether any conditions need to be met before issue. There can also be inconsistencies with the company constitution, cap table or an existing shareholders agreement. Those gaps can create confusion later when updating records or dealing with investor expectations. A properly prepared share subscription letter helps put the core terms into one document that reflects the transaction actually being entered into.

Yes. If you already have a term sheet, email summary of agreed terms or a draft subscription letter, we can use that as the starting point. That can be helpful where the commercial deal has already been discussed and you now want the legal wording checked and formalised. We can review whether the draft reflects the share issue accurately and flag missing points such as payment timing, share details or consistency with other company documents. If there is no draft yet, we can prepare the letter from the ground up based on your instructions.

Sometimes a template is useful as a reference point, but it may not reflect the actual structure of your raise or the company documents already in place. For example, a template may not deal properly with a particular share class, existing shareholder arrangements or the way the subscription money is being paid. It may also use broad wording that leaves room for uncertainty about the agreed terms. This service is useful when you want the letter prepared around the real transaction rather than relying on generic wording that may not fit your records or investor expectations.

The service includes legal input on the proposed share issue and preparation of a share subscription letter based on the transaction details you provide. That usually covers the investor identity, subscription amount, shares being issued and the main mechanics tied to the issue. It also includes one round of amendments after you review the draft. This service is aimed at the letter itself and the practical legal points connected to it. It does not include tax advice, broader fundraising strategy, or ongoing representation in negotiations, disputes or later stages of the capital raise.

As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We charge a fixed fee, with upfront quotes and transparent pricing, and communicate via phone, email and video chat - whichever suits you! You'll be guided through our process by our expert lawyers, who are Australian-qualified and specialise in technology, intellectual property, contract drafting, corporate and commercial law.

At Sprintlaw, our pricing is transparent and designed for startups and small businesses. Many one-off legal services, including document drafting and reviews, are provided for a fixed fee with an upfront quote before you proceed.

Prices typically range from $250 to $2,500 AUD depending on the complexity and scope of the work. For ongoing support, Sprintlaw Memberships include options such as legal templates, consultations, a legal helpline and credits for services.

If your project is larger or more complex, we will provide a tailored quote after understanding what you need.

Our law firm operates completely online, which means we can help you wherever you are in Australia. We work at The Commons Central - a cool co-working space in Chippendale, Sydney - but our lawyers often work flexibly across various locations.

Our lawyers also work from co-working spaces and home offices in Sydney, Melbourne, Brisbane, Adelaide and Perth, so clients can get help online without needing to meet in person.