Examples of Series C Financing in a sentence
Concurrent with the execution of this Agreement and the closing of the Series C Financing, Cox and MP3 shall make, as part of their Initial Capital Contribution commitment, a Capital Contribution in the aggregate amount of five million dollars ($5,000,000), funded pro rata by Cox and MP3, in proportion to their respective Percentage Interests.
The Resulting Issuer will be classified as an exempt issuer as defined in NP 46-201 due to its value that was established in the Series C Financing.
Concurrently with the Series C Financing, the Company repurchased 2,452,317 Series Pre-A Preferred Shares from Vast Equity for a consideration of US$9,000,000.
GFI intends to undergo a Series C Financing during the calendar year 2001.
IN NO EVENT WILL XXXXXXX’S AGGREGATE LIABILITY UNDER THIS AGREEMENT EXCEED THE GREATER OF (A) THE TOTAL REFERRAL COMMISSIONS PAID BY XXXXXXX TO YOU UNDER THIS AGREEMENT DURING THE PRECEDING 12 MONTHS OR (B) $500.
Series C Financing On June 16, 2022, the Company entered into an investment agreement (the “Series C Financing”) with several investors (collectively as the “Series C Investors”), pursuant to which the Series C Investors shall subscribe 9,478,262 Preference Shares at an aggregate consideration of RMB218,000,000 (equivalent to RMB23.00 per share).
During 2007, in connection with the Series C Financing and Recapitalization described in Note 9, warrants for 865,982 Series B shares were exchanged for 379,324 shares of Series B-1 preferred stock and 2,815,313 shares of Series C preferred stock.
To the knowledge of NexVerse, except as contemplated in that certain Voting Agreement, dated November 27, 2001, by and among certain securityholders of NexVerse, and as will be required by the Series C Financing Documents upon the execution of such documents, no stockholder has entered into any agreement with respect to the voting of equity securities of NexVerse.
The consideration was based on the pre-money valuation of Xunce Technology before the Series C Financing.
The Founding Team presently believes that the issuance of the Series C Preferred left them with ―approximately 9% of the Company.‖ Id.The Series C Financing closed on February 12, 2001.