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

Purchase and Sale of the Common Stock. 2.1. Subject to the terms and conditions of this Agreement, the Investor hereby agrees to purchase, and the Company agrees to issue and sell to the Investor 149,701 shares of Common Stock (the “Purchased Shares”). 2.2. Subject to the terms and conditions of this Agreement, at the Closing, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company the Purchased Shares, at a price of $3.34 per Purchased Share. The aggregate purchase price for the Purchased Shares shall be $500,001.34 (the “Aggregate Purchase Price”).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Zanganeh Maky), Securities Purchase Agreement (Summit Therapeutics Inc.)

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Purchase and Sale of the Common Stock. 2.1. Subject to the terms and conditions of this Agreement, the Investor hereby agrees to purchase, and the Company agrees to issue and sell to the Investor 149,701 shares of Common Stock (the “Purchased Shares”). 2.2. Subject to the terms and conditions of this Agreement, at the ClosingClosing (as defined below), the Company shall Corporation agrees to issue and sell to the InvestorPurchaser the number of shares of Common Stock (the “Shares”) equal to that whole number which, and when multiplied by the Investor shall IPO Price, is equal to (or as close as possible to, but no more than) $5.0 million (the “Purchase Amount”). The Purchaser agrees to purchase from the Company Corporation at the Purchased Shares, at a price of $3.34 per Purchased Share. The Closing the Shares for an aggregate purchase price for equal to the Purchased Shares shall be $500,001.34 (the “Aggregate Purchase Price”)Amount.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Everspin Technologies Inc)

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Purchase and Sale of the Common Stock. 2.1. Subject to the terms and conditions of this Agreement, the Investor hereby agrees to purchase, and the Company agrees to issue and sell to the Investor 149,701 748,503 shares of Common Stock (the “Purchased Shares”). 2.2. Subject to the terms and conditions of this Agreement, at the Closing, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company the Purchased Shares, at a price of $3.34 per Purchased Share. The aggregate purchase price for the Purchased Shares shall be $500,001.34 2,500,000.02 (the “Aggregate Purchase Price”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Summit Therapeutics Inc.)

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