Examples of Series A3 Shares in a sentence
Subject to the terms of this Agreement and the Form C, the undersigned hereby subscribes to purchase the number of Series A-3 Shares and/or Series A-4 Shares equal to the quotient of the undersigned’s subscription amount divided by the Series A-3 Purchase Price and/or Series A-4 Purchase Price, respectively, as applicable, and shall pay the aggregate subscription amount in the manner specified in the Form C and as per the directions of the Portal through the Portal’s website.
These transactions were arranged together for achieving the issuance of Series A-3 Shares and are therefore considered as connected transactions and treated as a package deal.PLUSAI CORPNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS(Amounts expressed in US$, except for share, unless otherwise stated)10.
The Series A3 Shares shall be considered “Shares” and “Series A Shares” for the purposes of the Original Articles Supplementary.
For those transactions that the Company re-designated the shares purchased from Series A-1 and Series A-2 investors by the Series A-3 Investor to Series A-3 Shares, the Company recorded the excess of the purchase prices over the aggregate fair values of Series A-1 and Series A-2 Shares as deemed dividend to Series A-1 and A-2 investors in accumulated deficit on the dates of the purchases.
The Subscribers committing the first $500,002.25 in subscriptions in this Offering, if, and as accepted by the Company, in its sole discretion, will be issued the Series A-3 Shares.
The Series A3 Shares and the Series M3 Shares shall have the preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications and terms and conditions of redemption of a series of Convertible Preferred Stock, as set forth in the Articles Supplementary establishing the Convertible Preferred Stock, filed with, and accepted for record by, the SDAT on August 3, 2020 (the “Original Articles Supplementary”), except as set forth herein.