Sale of Convertible Notes. The Company shall have completed the sale of Convertible Notes of the Company to Artisan Equity Limited for the aggregate amount of $6,500,000 to be purchased pursuant to the Note Purchase Agreement and the conversion price for the Convertible Notes shall be $3.25 per share of Common Stock.
Sale of Convertible Notes. Subject to the terms and conditions hereof, the Company will issue and sell to the Purchaser the Convertible Note, and the Purchaser will buy from the Company the Convertible Note. The Convertible Note will be issued in an aggregate principal amount of $12,000,000, and the purchase price for the Convertible Note will be $12,000,000 (the “Purchase Price”).
Sale of Convertible Notes. Subject to the terms and conditions hereof, each of the Purchasers, severally and not jointly, agrees to purchase from the Corporation, and the Corporation agrees to issue and sell to each Purchaser, Notes in the aggregate principal amount set forth under each Purchaser's name on the signature pages hereto, at a purchase price of $1,000.00 per $1,000.00 principal amount, for an aggregate purchase price of $8,000,000.00.
Sale of Convertible Notes
