Business Pitch Dictionary by pitch.dog
Term-sheet control & investor rights · Specialist

Registration rights

Also called: demand registration rights, piggyback rights

ELI5

Investors may require help making shares publicly tradable.

Used in conversation

“Registration rights become relevant around an IPO.”

Definition

Rights requiring or permitting the company to register securities for public resale under US law.

Here “Registration rights” means: Rights requiring or permitting the company to register securities for public resale under US law.

Pitch context

You will see “Registration rights” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches term-sheet control & investor rights.

Why it matters: In term-sheet control & investor rights, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.