Issuance and Purchase of Ordinary Shares Clause Samples
The 'Issuance and Purchase of Ordinary Shares' clause defines the terms under which a company will issue new ordinary shares and the conditions under which investors or other parties may purchase them. Typically, this clause outlines the number of shares to be issued, the purchase price, payment procedures, and any conditions precedent to the issuance, such as regulatory approvals or completion of due diligence. Its core function is to provide a clear framework for the allocation and acquisition of equity, ensuring both parties understand their rights and obligations in the share issuance process and reducing the risk of disputes.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions hereof and the payment of the Purchase Price by the Purchaser, the Company shall, as of the Closing, issue and allot to the Purchaser 539,258 Ordinary Shares of the Company.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions hereof, and the closing conditions set forth in Section 3 below, the Company shall, as of the Closing, issue and allot to the New Purchasers an aggregate of 18,584 Ordinary Shares of the Company (the “New Purchased Shares”), for a purchase price per Ordinary Share of $4.036 and an aggregate purchase price of $75,000 (the “New Investment”), in accordance with the table attached as Exhibit D setting forth the respective Purchase Price and number of New Purchased Shares per each of the New Purchasers. At the Closing hereof, the Company shall issue to each New Purchaser warrants (the “Warrants”) in the form attached as Exhibit E hereof, to purchase up to 2,840 Ordinary Shares for an exercise price of $6.61 per Ordinary Share, with an aggregate purchase price of $18,750.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions hereof and the payment of the Purchase Price by the Purchaser, the Company shall, as of the Closing, issue and allot to the Purchasers an aggregate of 1,171,459 Ordinary Shares of the Company, in accordance with the table attached as Exhibit 1 setting forth the respective Purchase Price and number of Purchased Shares per each of the Purchasers.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions set forth in this Agreement, at the Closing (as defined below), the Company shall issue and allot to the Investor, in consideration of the Total Investment Amount, a total of 30,000 Ordinary Shares (the “Purchased Shares”). Such Purchased Shares shall be allocated and shall be issued and become fully paid upon payment of the Remaining Investment Amount. The Purchased Shares shall be allocated to Adv. R▇▇ ▇▇▇▇▇▇ (the "Trustee"), who will hold the Purchased Shares in trust and release the Purchased Shares to the Investor, all - in accordance with the trust instructions attached as Exhibit 1.1. Upon such issuance, the Trustee shall hold in trust Purchased Shares constituting 15% of the outstanding share capital of the Company, on a fully-diluted basis, as set forth in the capitalization table of the Company attached as Exhibits 3.2.3 (the “Cap Table”).
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions hereof, and the closing conditions set forth in Section 3 below, the Company shall, as of the Closing, issue and allot to the New Purchaser an aggregate of 24,777 Ordinary Shares of the Company (the “New Purchased Shares”), for a purchase price per Ordinary Share of $4.036 (the “New Investment”). At the Closing hereof, the Company shall issue to the New Purchaser warrants (the “Warrants”) in the form attached as Exhibit D hereof, to purchase up to 3,782 Ordinary Shares for an exercise price of $6.61 per Ordinary Share, with an aggregate purchase price of $25,000.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions hereof, and the closing conditions set forth in Section 3 below, the Company shall, as of the Closing, issue and allot to each New Purchaser such number of Ordinary Shares of the Company as set forth in Exhibit 1 (the “New Purchased Shares”), for a purchase price per Ordinary Share of $0.939 (the “New Investment”). At the Closing hereof, the Company shall issue to each New Purchaser Warrants under same terms and conditions as the warrants issued as part SPA.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions hereof and the payment of the Purchase Price by the Purchasers, the Company shall, as of the Closing, issue and allot to the Purchasers an aggregate of 363,636 Ordinary Shares of the Company, in accordance with the table attached as Exhibit 1 setting forth the respective Purchase Price and number of Purchased Shares per each of the Purchasers. Subject to the payment of the Purchase Price by the Purchasers, the Company shall, as of the Second Closing, issue and allot to the Purchasers Warrants (as defined below), in accordance with the table attached as Exhibit 1 setting forth the respective additional Purchase Price and number of additional Purchased Shares available to each of the Purchasers under the Warrants.
Issuance and Purchase of Ordinary Shares. Subject to the terms and conditions herein, at the Initial Closing (as defined below), the Company shall issue to the Investors and/or any party on their behalf, as determined by the Investors absolute discretion (the “Additional Investors”) and each Investor and Additional Investor, as the case may be, shall purchase from the Company, severally and not jointly, in accordance with the breakdown set forth in Schedule A attached hereto, an aggregate number of 11,821 Ordinary Shares of the Company (the “Investors’ Shares”), at a price per each Investors’ Share equal to US$84.59 (the “PPS”), in consideration for an aggregate investment amount of US$1,000,000, which shall include the respective amount previously advanced to the Company pursuant to the Investors Loan (the “Initial Investment Amount”), reflecting a Company's post-investment valuation of US$4,444,444. The Investors' Shares shall represent, immediately following the Initial Closing, 22.5% of the issued and outstanding share capital of the Company.
Issuance and Purchase of Ordinary Shares