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"Founders' shares" are simply common stock issued
to founders at or near the time the company is formed. Meaning, the
founders are holding common stock in the company but likely with
certain rights and restrictions per their founder agreements.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
As we have previously reported, the Corporate Transparency Act ("CTA") is a broad anti-money laundering law intended to assist law enforcement in combating illicit financial activity.
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