Preferred Stock Financing. Borrower shall provide Lender with evidence reasonably satisfactory to Lender of the closing of the Preferred Stock Financing. Within 10 days of the closing of the Preferred Stock Financing, Borrower shall issue Lender a Warrant to purchase such number of shares of preferred stock as sold in such Preferred Stock Financing initially equal to $260,000 divided by the price per share paid by investors in such Preferred Stock Financing. The purchase price per share of preferred stock purchasable under the Warrant shall be the price per share paid by the investors in the Preferred Stock Financing. The number of shares purchasable under the Warrant shall be subject to increase based on Advances made under the Commitment as set forth in the Warrant.
Preferred Stock Financing. The closing of the offering of Pattern Energy Group Inc.’s Series A Perpetual Preferred Stock pursuant to the terms set forth in that certain Securities Purchase and Rights Agreement among Pattern Energy Group Inc. and the investors party thereto dated October 10, 2019 shall have occurred.
Preferred Stock Financing. The Purchaser (as defined in the ------------------------- Preferred Stock Purchase Agreement) shall have (or will concurrently with the funding of the subsequent Loan) purchased from the Company for cash Convertible Preferred Stock pursuant to the Preferred Stock Purchase Agreement in an amount equal to the aggregate outstanding principal balance of the Loans including the Loan then being requested by the Company. At the time of making an additional borrowing under a subsequent Loan hereunder, the Company shall deliver a Borrower's Certificate to the Lender stating that the conditions specified in Sections 5.2.1 through 5.2.4 (inclusive) and Section ---------------------------- ------- 5.2.8 and 5.2.9 have been fully satisfied as of such time. ---------------
Preferred Stock Financing. February 28, 2020
Preferred Stock Financing. Between December 2019 and February 2020, AppHarvest issued and sold an aggregate of 2,631,972 shares of its Series B Preferred Stock at a purchase price of $4.1681 per share, for an aggregate purchase price of $11.0 million. Each share of AppHarvest’s Series B Preferred Stock will convert into one share of AppHarvest’s common stock immediately prior to the closing of the Business Combination. The table below sets forth the number of shares of Series B Preferred Stock purchased by AppHarvest’s related parties: CEFF AppHarvest Equity Holdings, LLC(1) . . . . . . . . . . . . . . . . . . . . . . . . . . 1,079,628 $4,499,997 Inclusive Capital Partners Spring Master Fund, L.P.(2) . . . . . . . . . . . . . . . . . . . 719,752 $2,999,998 Rise of the Rest Seed Fund, LP(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 359,876 $1,499,999
Preferred Stock Financing. August 7, 2020 IN8BIO, INC. Joinder Agreement
Preferred Stock Financing. The Purchasers, together with certain existing stockholders of the Company, shall have purchased, or simultaneously with the Initial Closing shall purchase, and the Company shall have received $5,000,000 in proceeds from the sale of the Company's Series C Convertible Preferred Stock, par value $0.001 per share, pursuant to the terms and conditions of the Series C Convertible Preferred Stock Purchase Agreement dated the date hereof (the "Series C Purchase Agreement") by and among the Company, the Purchasers and certain stockholders of the Company.
Preferred Stock Financing. (g) of the Investors' Rights Agreement is hereby amended to read in its entirety as follows:
Preferred Stock Financing. “Series A Preferred Stock Financing” shall mean the issuance of Series A Preferred Stock with an aggregate purchase price of at least $70 million, including the conversion of bridge notes issued to the Founders, it being understood, that $10 million of the aggregate purchase price may be paid by one of the Founders within 60 days after the Closing Date.
Preferred Stock Financing. It is Xxxxx’s intention to raise not less than Three Million Dollars ($3,000,000) (the “Full Raise”) through the Preferred Stock Financing, and the parties acknowledge that the Closing may occur upon the satisfaction of the Preferred Stock Financing condition, but prior to the Full Raise. Buyer shall have ninety (90) days after the Closing (the “Financing Subsequent Closing Period”), to complete the Full Raise. If the Full Raise is not completed during the Subsequent Closing Period, the parties agree to adjust the Buyer Stock Price, and consequently the number of shares of Rollover Stock, to reflect the resulting decrease in the post-Closing, post-Preferred Stock Financing valuation of the Buyer and issue additional shares of Rollover Stock, if any.
