{"id":1436,"date":"2026-07-07T20:43:24","date_gmt":"2026-07-07T20:43:24","guid":{"rendered":"https:\/\/atlaw.kr\/en-blog\/?p=1436"},"modified":"2026-07-07T20:45:07","modified_gmt":"2026-07-07T20:45:07","slug":"venture-common-stock-agreement-guide-south-korea","status":"publish","type":"post","link":"https:\/\/atlaw.kr\/en-blog\/venture-common-stock-agreement-guide-south-korea\/","title":{"rendered":"Common Stock Investment and Shareholders Agreements in South Korea"},"content":{"rendered":"<p><!-- ATLAS_HREFLANG_START -->\n<link rel=\"alternate\" hreflang=\"ko\" href=\"https:\/\/atlaw.kr\/kr-blog\/venture-common-stock-agreement-guide-kr\/\" \/>\n<link rel=\"alternate\" hreflang=\"en\" href=\"https:\/\/atlaw.kr\/en-blog\/venture-common-stock-agreement-guide-south-korea\/\" \/>\n<link rel=\"alternate\" hreflang=\"x-default\" href=\"https:\/\/atlaw.kr\/kr-blog\/venture-common-stock-agreement-guide-kr\/\" \/>\n<!-- ATLAS_HREFLANG_END --><\/p>\n<style>@import url('https:\/\/cdn.jsdelivr.net\/gh\/orioncactus\/pretendard@v1.3.9\/dist\/web\/static\/pretendard.css'); 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} .dl-btn { font-size:13px; padding:8px 14px; } .dl-head { padding:16px 16px; } .series-box { padding:18px 16px; } .author-box { display:block; overflow:hidden; } .author-avatar { float:left; width:36px; height:36px; margin-right:10px; } .author-section-label { display:inline; font-size:11px; letter-spacing:0; margin:0 3px 0 0; } .author-name { display:inline; font-size:14px; } .author-detail { clear:both; font-size:13px; line-height:1.55; margin-top:8px; } .author-link { clear:both; display:block; font-size:13px; margin-top:8px; } p.closing { font-size:14px; } }<\/style>\n<p><!-- ATLAS_SEO_BLOCK_START --><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"@id\":\"https:\/\/atlaw.kr\/en-blog\/venture-common-stock-agreement-guide-south-korea\/#article\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/atlaw.kr\/en-blog\/venture-common-stock-agreement-guide-south-korea\/#webpage\"},\"headline\":\"Common Stock Investment and Shareholders Agreements in South Korea\",\"description\":\"A guide to the SPA and SHA for common stock venture investments in South Korea \u2014 how they differ from preferred stock, and how the SHA supplements investor protection.\",\"datePublished\":\"2026-07-08T09:00:00+09:00\",\"dateModified\":\"2026-07-08T09:00:00+09:00\",\"inLanguage\":\"en-US\",\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/atlaw.kr\/taejin-kim\/#person\",\"name\":\"Taejin Kim\",\"alternateName\":\"\uae40\ud0dc\uc9c4\",\"jobTitle\":\"Managing Partner\",\"worksFor\":{\"@id\":\"https:\/\/atlaw.kr\/#legalservice\"}},\"publisher\":{\"@type\":\"LegalService\",\"@id\":\"https:\/\/atlaw.kr\/#legalservice\",\"name\":\"Atlas Legal\",\"url\":\"https:\/\/atlaw.kr\"},\"about\":[\"common stock investment agreement in South Korea\",\"common stock shareholders agreement consent rights\",\"common stock versus preferred stock\",\"representations and warranties in venture investment\"]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/atlaw.kr\/en-blog\/venture-common-stock-agreement-guide-south-korea\/#faqpage\",\"inLanguage\":\"en-US\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"When is a common stock investment appropriate?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It suits early angel investments, small strategic investments, or cases where the complexity of a preferred-stock design is best avoided. Its simple rights relationships lighten the burden on later-round design.\"}},{\"@type\":\"Question\",\"name\":\"Does a common stock investor have no protection at all?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The shares themselves carry no preferred dividend, redemption, or conversion right. Instead, protection is supplemented through the Shareholders Agreement's consent rights, first refusal, drag-along, and similar clauses.\"}},{\"@type\":\"Question\",\"name\":\"Is a shareholders agreement needed for a common stock investment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. In fact, because investor protection centers on the shareholders agreement in a common stock deal, it is all the more important. Both the investment agreement and the shareholders agreement are provided below.\"}},{\"@type\":\"Question\",\"name\":\"Does the common stock investment agreement need less review?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The structure is simple, but core issues such as the scope of representations and warranties and the interested party's (founder's) liability remain, so review is still needed.\"}},{\"@type\":\"Question\",\"name\":\"What contracts does a common stock investment require?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Under the 2026 split structure, a Common Stock Investment Agreement (SPA) and a Shareholders Agreement (SHA) are used together. You can download both forms below.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":[\"LegalService\",\"LocalBusiness\"],\"@id\":\"https:\/\/atlaw.kr\/#legalservice\",\"name\":\"Atlas Legal\",\"alternateName\":[\"\ubc95\ubb34\ubc95\uc778 \uc544\ud2c0\ub77c\uc2a4\",\"Atlas Law Firm\"],\"url\":\"https:\/\/atlaw.kr\/en\/home-en\/\",\"telephone\":\"+82-32-864-8300\",\"email\":\"info@atlaw.kr\",\"priceRange\":\"$$$\",\"address\":{\"@type\":\"PostalAddress\",\"streetAddress\":\"B-2901, 323 Incheon Tower-daero\",\"addressLocality\":\"Yeonsu-gu, Incheon\",\"addressRegion\":\"Incheon Metropolitan City\",\"postalCode\":\"22007\",\"addressCountry\":\"KR\"},\"geo\":{\"@type\":\"GeoCoordinates\",\"latitude\":37.399438,\"longitude\":126.629812},\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\"],\"opens\":\"09:00\",\"closes\":\"18:00\"}],\"areaServed\":[{\"@type\":\"Country\",\"name\":\"South Korea\"},{\"@type\":\"Place\",\"name\":\"Songdo International Business District\"},{\"@type\":\"Place\",\"name\":\"Cheongna International City\"},{\"@type\":\"Place\",\"name\":\"Yeongjong International City\"},{\"@type\":\"Place\",\"name\":\"Incheon\"},{\"@type\":\"Place\",\"name\":\"Seoul Metropolitan Area\"},{\"@type\":\"Place\",\"name\":\"Incheon Free Economic Zone (IFEZ)\"}],\"knowsAbout\":[\"Venture Investment Contracts in South Korea\",\"KVCA Standard Investment Agreements in South Korea\",\"Convertible Preferred Stock (RCPS\/CPS) under Korean law\",\"Convertible Bonds and Bonds with Warrants in South Korea\",\"Shareholders Agreements in South Korea\",\"Startup Financing Legal Services in South Korea\"],\"serviceType\":[\"Venture Investment Contract Review\",\"Shareholders Agreement Negotiation\",\"Startup and Founder Legal Counsel\",\"Foreign Direct Investment Legal Services\",\"Corporate Counseling\"]}<\/script><!-- ATLAS_SEO_BLOCK_END --><\/p>\n<div class=\"hero\">\n<span class=\"category-tag\">Corporate Counseling \u00b7 Venture Investment<\/span><\/p>\n<div class=\"hero-title\">Common Stock Investment &amp;<br \/>Shareholders Agreements in South Korea<\/div>\n<div class=\"hero-meta\">\n<div class=\"hero-info\"><strong>Taejin Kim<\/strong> \u00b7 Managing Partner, Atlas Legal<br \/>Based on the Korea Venture Capital Association (KVCA) standard contracts, revised April 2026<\/div>\n<\/div>\n<\/div>\n<div class=\"content\">\n<div class=\"direct-answer\"><strong>Quick answer:<\/strong> A common stock investment is the <strong>simplest equity investment<\/strong>, with none of the preferred dividend, redemption, or conversion rights. It is used at the early or angel stage or where a simple structure is desired. Because the shares carry no preference, the key is to <strong>supplement investor protection through the Shareholders Agreement (SHA)<\/strong> \u2014 consent rights and transfer-related clauses.<\/div>\n<div class=\"toc-nav\">\n<p class=\"toc-label\">Contents<\/p>\n<ol>\n<li><a href=\"#sec-1\">1. When do you invest in common stock?<\/a><\/li>\n<li><a href=\"#sec-2\">2. How does it differ from preferred stock?<\/a><\/li>\n<li><a href=\"#sec-3\">3. How does the Shareholders Agreement supplement protection?<\/a><\/li>\n<li><a href=\"#sec-4\">4. What are the key clauses of the common stock Investment Agreement?<\/a><\/li>\n<li><a href=\"#sec-5\">5. What should founders and investors each watch?<\/a><\/li>\n<li><a href=\"#sec-dl\">Download the common stock contracts<\/a><\/li>\n<li><a href=\"#sec-faq\">Frequently Asked Questions<\/a><\/li>\n<\/ol>\n<\/div>\n<p class=\"lead-text\">A common stock investment is the simplest in structure among venture deals \u2014 which makes understanding &#8220;what is absent&#8221; all the more important.<\/p>\n<p class=\"context-text\">Because there is no preferred dividend, redemption, or conversion right, the investor holds the same class of shares as the founder. As a result, the contractual investor protections concentrate in the Shareholders Agreement (SHA). This article covers when common stock investments are used, how they differ from preferred stock, and how the SHA supplements protection, with the 2026 revised KVCA standard forms available below.<\/p>\n<div class=\"series-box\">\n<div class=\"s-label\">Venture Investment Standard Contracts Series<\/div>\n<ol>\n<li><a href=\"https:\/\/atlaw.kr\/en-blog\/venture-standard-contract-2026-changes-south-korea\/\">2026 Amendments: What Changed<\/a><\/li>\n<li><a href=\"https:\/\/atlaw.kr\/en-blog\/venture-cps-agreement-guide-south-korea\/\">Convertible Preferred Stock (CPS) Agreements<\/a><\/li>\n<li><a href=\"https:\/\/atlaw.kr\/en-blog\/venture-rcps-agreement-guide-south-korea\/\">Redeemable CPS (RCPS) Agreements<\/a><\/li>\n<li class=\"cur\">Common Stock Agreements (this article)<\/li>\n<li><a href=\"https:\/\/atlaw.kr\/en-blog\/venture-cb-agreement-guide-south-korea\/\">Convertible Bond (CB) Agreement<\/a><\/li>\n<li><a href=\"https:\/\/atlaw.kr\/en-blog\/venture-bw-agreement-guide-south-korea\/\">Bond with Warrant (BW) Agreement<\/a><\/li>\n<li><a href=\"https:\/\/atlaw.kr\/en-blog\/venture-refixing-conversion-price-adjustment-south-korea\/\">[In depth] Refixing (Conversion Price Adjustment)<\/a><\/li>\n<\/ol>\n<\/div>\n<p><\/p>\n<h2 id=\"sec-1\">1. When do you invest in common stock?<\/h2>\n<p>Common stock investments are chosen <strong>when a simple structure is desired<\/strong> \u2014 early angel investments, small strategic or partner investments, or where the complexity of a preferred-stock design is best avoided.<\/p>\n<p>Because common stock is the same class the founder holds, the rights relationships are simple and the burden on later-round design is light. The trade-off is that the investor accepts weaker downside protection with no preference.<\/p>\n<p><\/p>\n<h2 id=\"sec-2\">2. How does it differ from preferred stock?<\/h2>\n<p>The biggest difference is the <strong>presence or absence of preference<\/strong>. Convertible and redeemable convertible preferred stock rank ahead in dividends and liquidation and carry redemption\/conversion rights; common stock has none of these.<\/p>\n<table>\n<thead>\n<tr>\n<th>Category<\/th>\n<th>Common stock<\/th>\n<th>Preferred (CPS\/RCPS)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Dividend\/liquidation preference<\/td>\n<td>None<\/td>\n<td>Yes<\/td>\n<\/tr>\n<tr>\n<td>Redemption\/conversion right<\/td>\n<td>None<\/td>\n<td>Yes (conversion\/redemption)<\/td>\n<\/tr>\n<tr>\n<td>Structural complexity<\/td>\n<td>Simple<\/td>\n<td>Relatively complex<\/td>\n<\/tr>\n<tr>\n<td>Investor protection<\/td>\n<td>Relies on the Shareholders Agreement<\/td>\n<td>The shares themselves + the SHA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/p>\n<h2 id=\"sec-3\">3. How does the Shareholders Agreement supplement protection?<\/h2>\n<p>In a common stock investment, the center of gravity for investor protection shifts to the <strong>Shareholders Agreement (SHA)<\/strong>. Because the shares carry no preference, the contract provides protections such as:<\/p>\n<ul>\n<li><strong>Prior consent rights<\/strong> \u2014 consent over key decisions such as new share issuance, charter amendments, and disposal of major assets.<\/li>\n<li><strong>First refusal and tag-along<\/strong> \u2014 protection on a founder&#8217;s sale of shares.<\/li>\n<li><strong>Drag-along<\/strong> \u2014 the right to require a joint sale at exit.<\/li>\n<li><strong>Representations and warranties, information rights<\/strong> \u2014 assurances about the company&#8217;s condition and periodic reporting.<\/li>\n<\/ul>\n<p><\/p>\n<h2 id=\"sec-4\">4. What are the key clauses of the common stock Investment Agreement?<\/h2>\n<p>The common stock Investment Agreement (SPA) is relatively simple because it has no preference-related clauses. It centers on share issuance (number, price, payment date), conditions precedent, the company&#8217;s and interested party&#8217;s representations and warranties, and liability for breach.<\/p>\n<p>Simple structure does not mean review is unnecessary. In particular, the <strong>scope of representations and warranties and the interested party&#8217;s (founder&#8217;s) liability<\/strong> remain live issues even in a common stock deal, so review carefully.<\/p>\n<p><\/p>\n<h2 id=\"sec-5\">5. What should founders and investors each watch?<\/h2>\n<p><strong>Founders<\/strong> should not be lulled by the simple structure; check the scope of prior consent rights and the joint-and-several liability clause in the SHA. Even with common stock, these clauses directly affect management and personal liability.<\/p>\n<p><strong>Investors<\/strong>, lacking any preference, should verify that the SHA&#8217;s protections are designed to actually work at exit. Atlas Legal reviews both the SPA and SHA together in common stock deals and organizes each side&#8217;s risks clause by clause.<\/p>\n<div class=\"dl-wrap\" id=\"sec-dl\">\n<div class=\"dl-head\">\n<div class=\"dl-t\">Download the 2026 KVCA Standard Venture Investment Contracts<\/div>\n<div class=\"dl-s\">Source: Korea Venture Capital Association (KVCA), revised April 2026 \u00b7 Word (.docx) format \u00b7 Korean-language documents<\/div>\n<\/div>\n<div class=\"dl-primary\">\n<div class=\"dl-plabel\">Contracts covered in this article<\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">Common Stock Investment Agreement (SPA)<\/div>\n<div class=\"dl-sub\">For executing a common stock investment<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-common-stock-investment-agreement.docx\" download=\"Common Stock Investment Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">Common Stock Shareholders Agreement (SHA)<\/div>\n<div class=\"dl-sub\">For post-investment shareholder relations<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-common-stock-shareholders-agreement.docx\" download=\"Common Stock Shareholders Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<\/div>\n<div class=\"dl-list\">\n<div class=\"dl-alllabel\">All 8 standard contracts (2026 revision)<\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">Convertible Preferred Stock (CPS) Investment Agreement (SPA)<\/div>\n<div class=\"dl-sub\">For executing a CPS investment<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-cps-investment-agreement.docx\" download=\"Convertible Preferred Stock Investment Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">CPS Shareholders Agreement (SHA)<\/div>\n<div class=\"dl-sub\">For post-investment shareholder relations<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-cps-shareholders-agreement.docx\" download=\"Convertible Preferred Stock Shareholders Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">Redeemable CPS (RCPS) Investment Agreement (SPA)<\/div>\n<div class=\"dl-sub\">For executing an RCPS investment<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-rcps-investment-agreement.docx\" download=\"Redeemable Convertible Preferred Stock Investment Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">RCPS Shareholders Agreement (SHA)<\/div>\n<div class=\"dl-sub\">For post-investment shareholder relations<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-rcps-shareholders-agreement.docx\" download=\"Redeemable Convertible Preferred Stock Shareholders Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">Convertible Bond (CB) Investment Agreement<\/div>\n<div class=\"dl-sub\">For a convertible bond investment<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-cb-investment-agreement.docx\" download=\"Convertible Bond Investment Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<div class=\"dl-item\">\n<div class=\"dl-ic\">DOCX<\/div>\n<div class=\"dl-meta\">\n<div class=\"dl-name\">Bond with Warrant (BW) Investment Agreement<\/div>\n<div class=\"dl-sub\">For a bond-with-warrant investment<\/div>\n<\/div>\n<p><a class=\"dl-btn\" href=\"https:\/\/atlaw.kr\/kr-blog\/wp-content\/uploads\/sites\/2\/2026\/07\/atlas-bw-investment-agreement.docx\" download=\"Bond with Warrant Investment Agreement (KVCA 2026).docx\">Download<\/a><\/div>\n<\/div>\n<p class=\"dl-note\">These files are the standard contract forms distributed by the Korea Venture Capital Association (KVCA), revised April 2026. The documents are in Korean. Actual transactions require review and tailoring to the specifics of each deal; these materials are provided as reference forms and do not constitute legal advice on any particular matter.<\/p>\n<\/div>\n<p><\/p>\n<h2 id=\"sec-faq\">Frequently Asked Questions<\/h2>\n<div class=\"faq-item\">\n<p class=\"faq-q\">Q. When is a common stock investment appropriate?<\/p>\n<p>A. It suits early angel investments, small strategic investments, or cases where the complexity of a preferred-stock design is best avoided. Its simple rights relationships lighten the burden on later-round design.<\/p>\n<\/div>\n<div class=\"faq-item\">\n<p class=\"faq-q\">Q. Does a common stock investor have no protection at all?<\/p>\n<p>A. The shares themselves carry no preferred dividend, redemption, or conversion right. Instead, protection is supplemented through the Shareholders Agreement&#8217;s consent rights, first refusal, drag-along, and similar clauses.<\/p>\n<\/div>\n<div class=\"faq-item\">\n<p class=\"faq-q\">Q. Is a shareholders agreement needed for a common stock investment?<\/p>\n<p>A. Yes. In fact, because investor protection centers on the shareholders agreement in a common stock deal, it is all the more important. Both the investment agreement and the shareholders agreement are provided below.<\/p>\n<\/div>\n<div class=\"faq-item\">\n<p class=\"faq-q\">Q. Does the common stock investment agreement need less review?<\/p>\n<p>A. The structure is simple, but core issues such as the scope of representations and warranties and the interested party&#8217;s (founder&#8217;s) liability remain, so review is still needed.<\/p>\n<\/div>\n<div class=\"faq-item\">\n<p class=\"faq-q\">Q. What contracts does a common stock investment require?<\/p>\n<p>A. Under the 2026 split structure, a Common Stock Investment Agreement (SPA) and a Shareholders Agreement (SHA) are used together. You can download both forms below.<\/p>\n<\/div>\n<p class=\"closing\">To consult Atlas Legal on reviewing or negotiating a common stock investment contract in South Korea, please contact us at +82-32-864-8300 or info@atlaw.kr.<\/p>\n<div class=\"author-box\">\n  <img decoding=\"async\" class=\"author-avatar\" src=\"https:\/\/atlaw.kr\/wp-content\/uploads\/2022\/12\/\uae40\ud0dc\uc9c4-1.png\" alt=\"Taejin Kim, Managing Partner \u2014 Atlas Legal\"><\/p>\n<div class=\"author-text\">\n<div class=\"author-section-label\">About the Author<\/div>\n<div class=\"author-name\">Taejin Kim | Managing Partner<\/div>\n<div class=\"author-detail\">Corporate Counseling, Corporate Disputes, White-Collar Crime<\/div>\n<div class=\"author-detail\">Former Public Prosecutor | Judicial Research and Training Institute, 33rd Class<\/div>\n<div class=\"author-detail\">Korea University LL.B. &amp; LL.M. (Criminal Law), University of California, Davis LL.M.<\/div>\n<div class=\"author-detail\">Atlas Legal | Incheon Songdo, South Korea<\/div>\n<p>    <a class=\"author-link\" href=\"https:\/\/atlaw.kr\" target=\"_blank\" rel=\"noopener noreferrer\">Visit Atlas Legal Homepage \u2192<\/a>\n  <\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Corporate Counseling \u00b7 Venture Investment Common Stock Investment &amp;Shareholders Agreements in South Korea Taejin Kim \u00b7 Managing Partner, Atlas LegalBased on the Korea Venture Capital Association (KVCA) standard contracts, revised April 2026 Quick answer: A common stock investment is the simplest equity investment, with none of the preferred dividend, redemption, or conversion rights. It is&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[218],"tags":[825,774,38,255,826],"class_list":["post-1436","post","type-post","status-publish","format-standard","hentry","category-corporate-counseling","tag-common-stock","tag-investment-agreement","tag-shareholders-agreement","tag-south-korea","tag-venture"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>**: Common Stock Investment and Shareholders Agreements in South Korea | Atlas Legal<\/title>\n<meta name=\"description\" content=\"**: A guide to the common stock Investment Agreement and Shareholders Agreement in South Korea. 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