Common use of Description of the Offering Clause in Contracts

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two Class B ordinary shares (the “Shares”) of the Company (“Ordinary Shares”) and certain warrants to purchase ADSs (the “Warrants,” and collectively with the ADSs and Shares underlying the Warrant and the ADSs, the “Securities”). The purchase price for unit consisting of one ADS and accompanying Warrant shall be $[●] per unit of securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two fifteen Class B A ordinary shares (the “Shares”) of the Company (“Ordinary Shares”) and certain warrants to purchase ADSs (the “Warrants,” and collectively with the ADSs and Shares underlying the Warrant and the ADSs, the “Securities”). The purchase price for a unit consisting of one ADS and accompanying Warrant shall be $[●] 12.60 per unit of securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two the Company’s Class B ordinary shares A Common Shares (the “Shares”) Common Stock,” and the shares of Common Stock to be delivered by the Company (pursuant to the Securities Purchase Agreement, the “Ordinary Shares”) and certain warrants to purchase ADSs Common Stock (the “Warrants,” and collectively with the ADSs Shares and Shares the Common Stock underlying the Warrant and the ADSsWarrants, the “Securities”). The purchase price for unit consisting of one ADS Share and accompanying Warrant shall be $[●] 3.30 per unit of securities Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two Class B ordinary shares (the “Shares”) of the Company Company’s ordinary shares (“Ordinary Shares”) and certain warrants to purchase ADSs Ordinary Shares (the “Warrants,” and collectively with the ADSs Shares and the Ordinary Shares underlying the Warrants (the “Warrant and the ADSsShares”), the “Securities”). The purchase price for unit consisting of one ADS Share and accompanying Warrant to purchase [●] Ordinary Shares shall be $[●] per unit of securities Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two Class B ordinary shares (the “Shares”) of the Company Company’s Class A ordinary shares (“Ordinary Shares”) and certain warrants to purchase ADSs Ordinary Shares (the “Warrants,” and collectively with the ADSs Shares and the Ordinary Shares underlying the Warrants (the “Warrant and the ADSsShares”), the “Securities”). The purchase price for unit consisting of one ADS Share and accompanying Warrant shall be $[●_] per unit of securities Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two Class B ordinary shares (the “Shares”) of the Company Company’s ordinary shares (“Ordinary Shares”) and certain warrants to purchase ADSs Ordinary Shares (the “Warrants,” and collectively with the ADSs Shares and the Ordinary Shares underlying the Warrants (the “Warrant and the ADSsShares”), the “Securities”). The purchase price for unit consisting of one ADS Share and accompanying Warrant to purchase 1.5 Ordinary Shares shall be $[●] 7.25 per unit of securities Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two Class B ordinary shares (the “Shares”) of the Company Company’s Class A ordinary shares (“Ordinary Shares”) and certain warrants to purchase ADSs Ordinary Shares (the “Warrants,” and collectively with the ADSs Shares and the Ordinary Shares underlying the Warrants (the “Warrant and the ADSsShares”), the “Securities”). The purchase price for unit consisting of one ADS Share and accompanying Warrant to purchase 1.5 Ordinary Shares shall be $[●] 8.18 per unit of securities Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) pursuant to the Securities Purchase Agreement dated on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”) shall consist of American depository shares (“ADSs”), each represented by two Class B ordinary shares (the “Shares”) of the Company Company’s Class A ordinary shares (“Ordinary Shares”) and certain warrants to purchase ADSs Ordinary Shares (the “Warrants,” and collectively with the ADSs Shares and the Ordinary Shares underlying the Warrants (the “Warrant and the ADSsShares”), the “Securities”). The purchase price for unit consisting of one ADS Share and accompanying Warrant to purchase [●] Ordinary Shares shall be $[●] per unit of securities Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agents Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.