Examples of Series C Preferred Shares Purchase Agreement in a sentence
On February 23, 2022, we entered into the Series C Preferred Shares Purchase Agreement with, among others, Grand Blessing Holdings Limited, pursuant to which Grand Blessing Holdings Limited agreed to subscribe for 33,333 Series C Preferred Shares with an aggregate purchase price of US$1 million, which was determined on an arm’s-length basis with reference to the valuation of our Group in Series C financing by Fairy Marvel Limited.
On January 21, 2022, our Company entered into the Series C Preferred Shares Purchase Agreement with, among others, Fairy Marvel Limited, pursuant to which Fairy Marvel Limited agreed to subscribe for 1,557,971 Series C Preferred Shares with an aggregate purchase price of US$45 million, which was determined on an arm’s-length basis with reference to our Group’s substantial financial and business growth historically, and long-term growth potential driven by our business model, strengths and strategies.
The Company and certain investors are parties to the Series C Preferred Shares Purchase Agreement, dated as of December 15, 2006 (the "SERIES C SHARE PURCHASE AGREEMENT"), pursuant to which such investors (collectively, the "SERIES C PREFERRED SHAREHOLDERS") have agreed to subscribe for certain number of Series C Preferred Shares of the Company (the "SERIES C PREFERRED SHARES") upon the terms and subject to the conditions contained therein.
The Company, InnoLight HK, InnoLight SZ, InnoLight USA, Suzhou Xumao Co. Ltd., Xxxxx Xxx and the Investors have entered into a Series C Preferred Shares Purchase Agreement dated July 7, 2014 (the “Series C Purchase Agreement”), pursuant to which, among other things, the Company shall issue and allot an aggregate of 13,787,829 series C convertible preferred shares, par value US$0.001 per share (the “Series C Preferred Shares”) to the Investors.
Pursuant to the Series C Preferred Shares Purchase Agreement and the Secondary Series C Preferred Shares Purchase Agreement, respectively (collectively as the “Agreement”), the total consideration by the investor is USD105 million in which USD80 million is for the 72,497,876 newly issued Series C Preferred Shares and the remaining USD25 million for the Transferred Shares.
Xxxxx Title: Manager of the General Partner Signature Page to Series C Preferred Shares Purchase Agreement EP Next China Fund I, LLC Fifty (50) US$5,000,000.00 Adjusted Shareholder Equity has the meaning defined in Section 7.3 hereof.
The Company and certain of the Investors are parties to the Series C Preferred Shares Purchase Agreement, dated as of December 15, 2006 (the "SHARE PURCHASE AGREEMENT"), pursuant to which such Investors have agreed to subscribe for a certain number of Series C Preferred Shares of the Company.
Pursuant to the Series C Preferred Shares Purchase Agreement and the Secondary Series C Preferred Shares Purchase Agreement, respectively (collectively as the “Agreement”), the total consideration by the investor is USD100 million in which USD80 million is for the 72,497,876 newly issued Series C Preferred Shares and the remaining USD20 million for the Transferred Shares.
Series C Preferred Shares Purchase Agreement In May 2017, the Company entered into a Series C preferred shares purchase agreement, pursuant to which the Company sold 690,333 Series C Shares at a price of $75.76 per share for proceeds of $51.9 million, net of issuance costs of $0.4 million.
WHEREAS, concurrently with the execution of this Agreement, the Company and the Investors are entering into a Series C Preferred Shares Purchase Agreement (the “Purchase Agreement”) providing for the sale of Series C Preferred Shares.