Suitability and Investment Objectives. The purchase of the Shares by each Purchaser is consistent with the general investment objectives of the Purchaser. The Purchaser understands that the purchase of the Shares involves a high degree of risk in view of the fact that, among other things, the Company is a development stage enterprise, and there may never be an established market for the Company's capital stock.
Appears in 2 contracts
Samples: Series D Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc), Series C Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)
Suitability and Investment Objectives. The purchase of the Preferred Shares by each Purchaser is consistent with the general investment objectives of the Purchaser. The Purchaser understands that the purchase of the Preferred Shares involves a high degree of risk in view of the fact that, among other things, the Company is a development stage enterprise, and there may never be an established market for the Company's capital stock.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)
Suitability and Investment Objectives. The purchase of the Shares by each the Purchaser is consistent with the general investment objectives of the Purchaser. The Purchaser understands that the purchase of the Shares involves a high degree of risk in view of the fact that, among other things, the Company is a development stage enterprise, and there may never be an established market for the Company's capital stock.
Appears in 1 contract
Samples: Series E Preferred Stock Purchase Agreement (Chemgenics Pharmaceuticals Inc)
