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"The threshold choices that shape every later clause: which transaction structure is used, and which document carries which terms. The three core instruments are the SPA (Share Purchase Agreement — a buyer buys existing shares from sellers), the SSA (Share Subscription Agreement — an investor subscribes for new shares, putting fresh money into the company), and the SHA (Shareholders’ Agreement — the ongoing governance contract among shareholders after money changes hands). This brief orients the whole guide: it explains the deal flow, the share-sale-vs-asset-sale structuring fight, and how a decision in one document forces drafting in another."
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