Examples of Series C1 Preferred Shares in a sentence
On November 25, 2020, our Company repurchased 3,088,302 Shares from Dr. Xueming Qian (as nominee shareholder for the benefit of other shareholders), and issued the following fully paid-up Series C-1 Preferred Shares to the following shareholders: Shareholder Series C-1Preferred Shares HEYDAY SURGE LIMITED (盛濤有限公司) 10,717,992Titan Stage Project Company Limited 2,679,498Humble Easy Limited 2,679,498LAV Biosciences Fund V, L.P. 2,679,498Teng Yue Partners Master Fund, L.P. 1,071,799SCC Venture VI Holdco, Ltd.
On December 10, 2020, our Company issued 8,038,494 fully paid-up Series C-1 Preferred Shares to QH OIL INVESTMENTS LLC.
In July 2019, the Group entered into an agreement to purchase 1,428,571 Series C-1 Preferred Shares of I-Mab for a cash consideration of US$10,000,000 (equivalent to approximately RMB68,737,000).
On July 17, 2020, our Company underwent a further re-designation of shares whereby our Company’s authorized share capital of US$50,000 was amended by re-designation from 392,621,694 Shares, 38,965,830 Series A Preferred Shares and 68,412,476 Series B Preferred Shares into (i) 360,775,840 Shares; (ii) 36,350,670 Series A Preferred Shares; (iii) 68,412,476 Series B Preferred Shares; (iv) 24,770,992 Series C-1 Preferred Shares; and (v) 9,690,022 Series C-2 Preferred Shares.
On 26 February 2021, the Company issued a total number of 23,043,683 Series C-1 Preferred Shares to three shareholders and received a total subscription fee of US$43,000,000 (equivalent to RMB278,266,000).
As at February 29, 2020, the Company had 337,298,963 common shares, 10 Series B1 Preferred Shares and 10 Series C1 Preferred Shares issued and outstanding.
As at the date of this MDA, the Company has 329,552,378 common shares, 40 Series B1 Preferred Shares and 30 Series C1 Preferred Shares outstanding.
As at November 30, 2019, the Company had 325,175,548 common shares, 55 Series B1 Preferred Shares and 40 Series C1 Preferred Shares issued and outstanding.
Financial Liabilities at FVTPL Our financial liabilities at FVTPL primarily represented the Series Angel-1 Preferred Shares, Series Angel-2 Preferred Shares, Series A+ Preferred Shares, Series B Preferred Shares, Series C-1 Preferred Shares and Series C-2 Preferred Shares issued from 2016 to 2021.
Subsequent to the end of the Quarter, and as described earlier under “Subsequent Events”, 7,519,751 common shares were issued pursuant to the conversion of 25 Series A1 Preferred Shares, 15 Series B1 Preferred Shares and 10 Series C1 Preferred Shares.