Common use of Sale and Issuance of Securities Clause in Contracts

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 or a total of (x) 2,260,000 Shares (the "Purchased Shares") and (y) Warrants to purchase up to an aggregate of 3,390,000 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,000.

Appears in 2 contracts

Samples: Subscription Agreement (8x8 Inc /De/), Subscription Agreement (8x8 Inc /De/)

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Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 units 148,148 Units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 $27.00, or a total an aggregate of (x) 2,260,000 148,148 Shares (the "Purchased Shares") and (y) Series B Warrants to purchase up to an aggregate of 3,390,000 shares of Common Stock 74,074 Warrant Shares (the "Purchased Warrants" and and, collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0003,999,996.00.

Appears in 1 contract

Samples: Voting Agreement (Graphon Corp/De)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 units 148,148 Units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 $27.00, or a total an aggregate of (x) 2,260,000 148,148 Shares (the "Purchased Shares") and (y) Series B Warrants to purchase up to an aggregate of 3,390,000 shares of Common Stock 74,074 Warrant Shares (the "Purchased Warrants" and ” and, collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0003,999,996.00.

Appears in 1 contract

Samples: Subscription Agreement (Idt Corp)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 250 units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 $4,600.00, or a total of (x) 2,260,000 5,000,000 Shares (the "Purchased Shares") and (y) Warrants to purchase up to an aggregate of 3,390,000 2,500,000 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0001,150,000.00.

Appears in 1 contract

Samples: Unit Subscription Agreement Common Stock and Warrants (Graphon Corp/De)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 an aggregate of 35 units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 ), or a total of (x) 2,260,000 350,000 Shares (the "Purchased Shares") at a price per Purchased Share of $3.00 and (y) Warrants to purchase up to an aggregate of 3,390,000 140,000 shares of Common Stock at an aggregate Warrant purchase price of $200.00 (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0001,050,200.00.

Appears in 1 contract

Samples: Subscription Agreement (Lightpath Technologies Inc)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 or a total of (x) 2,260,000 Shares (the "Purchased Shares") and (y) Warrants to purchase up to an aggregate of 3,390,000 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,000.

Appears in 1 contract

Samples: Subscription Agreement Common Stock

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Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 units (the "Units") 453.45 Units at a price per Unit equal to the product of the Share Price and 20,000 $14,886, or a total of (xi) 2,260,000 4,534,461 Shares (the "Purchased Shares") and (yii) Warrants to purchase up to an aggregate of 3,390,000 906,892 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0006,750,000.

Appears in 1 contract

Samples: Unit Subscription Agreement Common Stock and Warrants (Axs One Inc)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 55 units (the "Units") at a price per Unit equal to the product of the Share Price and 20,000 $35,500.00, or a total of (x) 2,260,000 550,000 Shares (the "Purchased Shares") and (y) Warrants to purchase up to an aggregate of 3,390,000 110,000 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0001,952,500.00.

Appears in 1 contract

Samples: Subscription Agreement (Lightpath Technologies Inc)

Sale and Issuance of Securities. (a) The Company shall sell to the Investors and the Investors shall purchase from the Company, up to 113 units (the "Units") 258.0645 Units at a price per Unit equal to the product of the Share Price and 20,000 $31,000.00, or a total of (xi) 2,260,000 2,580,645 Shares (the "Purchased Shares") and (yii) Warrants to purchase up to an aggregate of 3,390,000 516,129 shares of Common Stock (the "Purchased Warrants" and collectively with the Purchased Shares, the "Securities"), for an aggregate purchase price of up to $1,130,0008,000,000.00.

Appears in 1 contract

Samples: Unit Subscription Agreement (Axs One Inc)

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