Examples of Series D-1 Preferred Shares in a sentence
In June 2020, NIO Capital Fund I fully exercised its warrant and surrendered the special golden share, and as a result, we issued to Leap Profit Investment Limited, an affiliate of NIO Capital Fund I, an aggregate of 67,967,308 Series D-1 Preferred Shares on June 29, 2020.
Our Company also issued to NIO Changjiang 1st Investment Ltd., an affiliate of NIO Capital Fund I, one Series D-1 Preferred Share as the golden share with rights equal to all the number of Series D-1 Preferred Shares that NIO Capital Fund I would be entitled to upon full exercise of such warrant.
In August 2017, our Company issued to Hubei Changjiang NIO New Energy Industry Development Fund Partnership (Limited Partnership) (湖北長江蔚來新能源產業發展基金合夥企業(有限合夥)) (“NIO Capital Fund I”), an affiliate of Leap Profit Investment Limited, a warrant to subscribe for an aggregate of 67,967,307 Series D-1 Preferred Shares at a consideration of US dollar equivalent of RMB199,999,997.0574.
Note (c): Series B Preferred Shares include Series B1 Preferred Shares, Series B2 Preferred Shares and Series B3 Preferred Shares; Series D Preferred Shares include Series D1 Preferred Shares and Series D2 Preferred Shares.
On 30 December 2016, PNM exercised the Conversion Options to convert the Loans totalling US$20 million into 23.6 million of Series D1 Preferred Shares.