Common Contracts
2 similar Investment Agreement contracts by Hc2 Holdings, Inc., INNOVATE Corp.
INVESTMENT AGREEMENT between INNOVATE Corp. as the Company and LANCER CAPITAL LLC as the Purchaser Dated as of March 5, 2024Investment Agreement • March 6th, 2024 • INNOVATE Corp. • Fabricated structural metal products • New York
TABLE OF CONTENTS Page 1. Authorization of Preferred Shares 1 2. Sale and Purchase of Back-stop and Private Placement 1 3. Back-stop/Private Placement Closing; Payment of Purchase Price 2 3.1. Back-stop/Private Placement Closing Date. 2 3.2. Issuance of Preferred Shares at Back-stop/Private Placement Closing. 2 3.3. Payment at Back-stop/Private Placement Closing. 2 3.4. Reservation of Common Stock. 2 4. Conditions to Back-stop/Private Placement Closing 2 4.1. Performance. 3 4.2. Certificate of Designations. 3 4.3. Registration Rights Agreement. 3 4.4. No Actions Pending. 3 5. Equity Advance 3 5.1. Sale and Purchase of Equity Advance Shares. 3 5.2. Closing of the Equity Advance. 3 5.3. Issuance of Preferred Shares at Equity Advance Closing. 3 5.4. Payment at Equity Advance Closing. 4 5.5. Reservation of Common Stock. 4 5.6. Conditions to Equity Advance Closing. 4 5.6.1. Performance 4 5.6.2. Certificate of Designations. 4 5.6.3. Registration Rights Agreement. 4 5.6.4. No Actions Pending.
INVESTMENT AGREEMENT between HC2 HOLDINGS, INC. as the Company and LANCER CAPITAL LLC as the Purchaser Dated as of September 9, 2020Investment Agreement • September 9th, 2020 • Hc2 Holdings, Inc. • Fabricated structural metal products • New York
HC2 Holdings, Inc., a Delaware corporation (the “Company”), is raising additional equity capital through the Rights Offering (this and certain other terms used herein are defined in Section 12 of this agreement (this “Agreement”)) pursuant to which the Company would distribute to its common stockholders, and holders of its outstanding preferred stock that are entitled to participate in dividend distributions to its common stockholders, transferable rights to purchase up to $65,000,000 of its Common Stock on a pro rata basis (“Rights Offering Amount”) and has had discussions with Lancer Capital LLC, a Delaware limited liability company (the “Purchaser”), regarding the Purchaser’s willingness to effectively “back-stop” a portion of the Rights Offering by purchasing the Preferred Shares pursuant to the terms of, and subject to the conditions contained in, this Agreement up to $35,000,000 (the “Equity Commitment Amount”). In addition, the Company has requested the Purchaser to supply a por
