Tech news picked on 2026-09-23
Amendment to Venture Investment Act Restricts Unfair Investment Terms Only for New Contracts
- The amendment to the Venture Investment Act, which prohibits the inclusion of unfair terms in investment contracts, passed the Cabinet meeting on September 22.
- Conditions such as excessively adjusting prices due to listing failures are banned, and only those clauses are invalidated; however, it applies only to new contracts made after 2027 March 30.
- Since the numerical criteria were postponed to enforcement ordinances, term sheets received before then still need to be carefully reviewed and negotiated directly at the table.