Common use of Purchase and Sale of Common Stock and Warrants Clause in Contracts

Purchase and Sale of Common Stock and Warrants. Section 1.1 Purchase and Sale of Common Stock and Warrants. Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and each Purchaser shall, severally but not jointly, purchase from the Company (i) shares of Common Stock (the “Shares”), and (ii) warrants to purchase shares of Common Stock equal to 200% of the number of Shares to be purchased by such Purchaser, in substantially the form attached hereto as Exhibit B (the “Warrants”), in each case as set forth opposite each such Purchaser’s name on Exhibit A hereto, at a price per Share and related Warrants of $0.09 for an aggregate purchase price to the Company from all Purchasers of $600,000.00 (the “Purchase Price”). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), including Regulation D (“Regulation D”), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Medijane Holdings Inc.)

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Purchase and Sale of Common Stock and Warrants. Section 1.1 Purchase and Sale of Common Stock and Warrants. Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and each Purchaser shall, severally but not jointly, purchase from the Company (i) that number of shares of Common Stock (the "Shares”), ") and (ii) warrants to purchase that number of shares of Common Stock equal to 20030% of the number of Shares to be purchased by such Purchaser, in substantially the form attached hereto as Exhibit B (the "Warrants"), in each case as case, set forth opposite each such Purchaser’s 's name on Exhibit A hereto, hereto at a price per Share and related Warrants of equal to $0.09 2.37 (the "Per Share Purchase Price"), for an aggregate purchase price to the Company from all Purchasers of $600,000.00 126,202.36 (the "Purchase Price"). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Socket Communications Inc)

Purchase and Sale of Common Stock and Warrants. Section 1.1 Purchase and Sale of Common Stock and Warrants. Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and each Purchaser shall, severally but not jointly, purchase from the Company (i) that number of shares of Common Stock (the “Shares”), ) and (ii) warrants to purchase shares of Common Stock equal to 20050% of the number of Shares to be purchased by such Purchaser, in substantially the form attached hereto as Exhibit B (the “Warrants”), in each case as case, set forth opposite each such Purchaser’s name on Exhibit A hereto, hereto at a price per Share and related Warrants of $0.09 1.10 for an aggregate purchase price to the Company from all each Purchasers of $600,000.00 (the “Purchase Price”). ) equal to the amount set forth on the signature page hereof and on Exhibit A. The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), including Regulation D (“Regulation D”), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (ImmunoCellular Therapeutics, Ltd.)

Purchase and Sale of Common Stock and Warrants. Section 1.1 Purchase and Sale of Common Stock and Warrants. Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and each Purchaser shall, severally but not jointly, purchase from the Company (i) that number of shares of Common Stock (the "Shares”), ") and (ii) warrants to purchase shares of Common Stock equal to 20025% of the number of Shares to be purchased by such Purchaser, in substantially the form attached hereto as Exhibit B (the "Warrants"), in each case as case, set forth opposite each such Purchaser’s 's name on Exhibit A hereto, hereto at a price per Share and related Warrants of $0.09 2.10 for an aggregate purchase price to the Company from all each Purchasers of $600,000.00 (the "Purchase Price”). ") equal to the amount set forth on the signature page hereof and on Exhibit A. The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cytrx Corp)

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Purchase and Sale of Common Stock and Warrants. Section 1.1 Purchase and Sale of Common Stock and Warrants. Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and each Purchaser shall, severally but not jointly, purchase from the Company (i) that number of shares of Common Stock (the "Shares”), ") and (ii) warrants to purchase that number of shares of Common Stock equal to 20030% of the number of Shares to be purchased by such Purchaser, in substantially the form attached hereto as Exhibit B (the "Warrants"), in each case as case, set forth opposite each such Purchaser’s 's name on Exhibit A hereto, hereto at a price per Share and related Warrants of equal to $0.09 2.37 (the "Per Share Purchase Price"), for an aggregate purchase price to the Company from all Purchasers of $600,000.00 4,099,993.35 (the "Purchase Price"). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Socket Communications Inc)

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