Authorized and Outstanding Share Capital. The authorized share capital of the Issuer is US$50,000,000. At the date of this Agreement, the Issuer has a total of 14,146,497 Shares issued and outstanding. All such issued and outstanding Shares have been duly authorized and validly issued and are fully-paid and non-assessable. After giving effect to the issue and sale of the Subscription Shares (and assuming the exercise of all warrants issued and outstanding), a total of 17,146,497 Shares will be issued and outstanding.
Appears in 3 contracts
Samples: Subscription Agreement (China Technology Development Group Corp), Subscription Agreement (China Technology Development Group Corp), Subscription Agreement (China Technology Development Group Corp)
Authorized and Outstanding Share Capital. The authorized share capital of the Issuer is US$50,000,000. At the date of this Agreement, the Issuer has a total of 14,146,497 Shares issued and outstanding. All such issued and outstanding Shares have been duly authorized and validly issued and are fully-paid and non-assessable. After giving effect to the issue and sale of the Subscription Shares Securities (and assuming the exercise of all warrants Warrants issued and outstanding), a total of 17,146,497 Shares will be issued and outstanding.
Appears in 2 contracts
Samples: Subscription Agreement (China Technology Development Group Corp), Subscription Agreement (China Technology Development Group Corp)
