all the shares had been subscribed econ.

[marilee]

Hi all,
need your help in translating the following phrase in Russian for протокол учредительного собрания:
"Because all the shares had been subscribed to,
(don't mind that the English is not perfect)

Thanks in advance
marilee

[Loro]

Поскольку была произведена/осуществлена подписка на все акции