Minimum Offering Amount. At the Closing, the number of shares of the Common Stock and Series C Preferred Stock to be sold under this Agreement shall result in gross proceeds to the Company of $52 million. Purchasers shall have submitted subscriptions for such amount and the proceeds due to the Company under such subscriptions shall have been previously received by the Company.
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Minimum Offering Amount. At the Closing, the number of shares of the Common Stock and Series C Preferred Stock to be sold under this Agreement shall result in gross proceeds to the Company of $52 million. Purchasers The Company shall have submitted received and accepted the subscriptions for such amount and the proceeds due to the Company under such subscriptions shall have been previously received by the Company.
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Minimum Offering Amount. At the Closing, the The number of shares of the Common Stock and or Series C A Preferred Stock to be sold under this Agreement shall result in gross proceeds to the Company of at least $52 16.0 million. Purchasers shall have submitted subscriptions for such amount and the proceeds due to the Company under such subscriptions shall have been previously received by the Company.
Appears in 1 contract
Samples: Stock Purchase Agreement (Riverview Financial Corp)
Minimum Offering Amount. At the Closing, the number of shares of the Common Stock and Series C B Preferred Stock to be sold under this Agreement shall result in gross proceeds to the Company of $52 million. Purchasers shall have submitted subscriptions for such amount and 41.2 million (including at least $29.9 million from the proceeds due to the Company under such subscriptions shall have been previously received by the Companysale of Common Stock).
Appears in 1 contract
Samples: Stock Purchase Agreement (Southern States Bancshares, Inc.)
