Drag-Along Rights
정의
Drag-along rights let a majority of shareholders force minority holders to join an approved sale of the company on the same terms, preventing small holders from blocking an exit.
투자유치 시 활용 방법
Standard in venture deals so an acquirer can buy 100 percent of the company once the board and majority approve.
자주 묻는 질문
Are drag-along rights founder-friendly?
Broadly yes when thresholds are reasonable; they ensure a clean exit process. The details of who can trigger them matter.
What is the opposite of drag-along?
Tag-along rights, which let minority holders join a sale initiated by larger holders on the same terms.