Common Contracts
1 similar Cornerstone Investment Agreement contracts
THE CORNERSTONE INVESTMENTCornerstone Investment Agreement • June 29th, 2021
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe at the Offer Price for such number of Offer Shares (rounded down to the nearest whole board lot of 500 Shares) that may be purchased for an aggregate amount of US$220 million (or approximately HK$1,707.82 million, calculated based on an exchange rate of US$1.00 to HK$7.7628) (the “Cornerstone Investment”).
