IPO Participation Right. Subject to applicable law and regulations, each Investor shall have the right to purchase or direct any of its Affiliates to purchase, at its option, at the final price per share (net of underwriting discounts and commissions) set forth in the Company’s final prospectus with respect to an IPO, up to the number of the Ordinary Shares of the Company offered in the IPO that enables the Investor to maintain, in the aggregate, its percentage ownership interest in the Company immediately prior to the consummation of the IPO (calculated on a fully diluted and as converted basis).
Appears in 2 contracts
Samples: Shareholder Agreement (NIO Inc.), Shareholders’ Agreement (NIO Inc.)
IPO Participation Right. Subject to applicable law and regulations, each Investor holder of Preferred Shares shall have the right to purchase or direct any of its Affiliates to purchase, at its option, at the final price per share (net of underwriting discounts and commissions) set forth in the Company’s final prospectus with respect to an IPO, up to the number of the Ordinary Shares of the Company offered in the IPO that enables the Investor such holder of Preferred Shares to maintain, in the aggregate, its percentage ownership interest in the Company immediately prior to the consummation of the IPO (calculated on a fully diluted and as converted basis)IPO.
Appears in 2 contracts
Samples: Shareholder Agreement (Uxin LTD), Shareholder Agreement (Uxin LTD)
IPO Participation Right. Subject Provided that the Investor continues to applicable law and regulationshold shares of Company capital stock (including warrants or convertible securities) acquired by the Investor at the time of the Company’s IPO, each the Investor or its Affiliates shall have the right to purchase or direct any its pro rata portion (based on the fully diluted shares of its Affiliates Common Stock then held by the Investor) of up to purchase, at its option, an aggregate of 5% of the shares offered in the Company’s IPO at the final offering price per share (net subject to any limitations or restrictions that may be necessary as a result of underwriting discounts and commissions) set forth in the Company’s final prospectus with respect to an IPO, up to the number of the Ordinary Shares of the Company offered in the IPO that enables the Investor to maintain, in the aggregate, its percentage ownership interest in the Company immediately prior to the consummation of the IPO (calculated on a fully diluted and as converted basisfederal or state securities laws).
Appears in 1 contract
Samples: Investor’s Rights Agreement (Digital Domain Media Group, Inc.)