Series E-1 Preferred Shares definition

Series E-1 Preferred Shares means the Series E-1 Convertible Redeemable Preferred Shares of the Company, par value US$0.0001 per share, and each a “Series E-1 Preferred Share”.

Series E-1 Preferred Shares shall have the meaning ascribed to it in Section 1.1. “Series E-2 Director” shall have the meaning ascribed to it in Section 1.2(a).

Series E-1 Preferred Shares has the meaning ascribed to it in the Recitals to this Agreement.

Examples of Series E-1 Preferred Shares in a sentence

• In June 2020, CapThrone Fund fully exercised its warrant and surrendered the special golden share, and as a result, we issued to CapThrone Fund an aggregate of 10,092,139 Series E-1 Preferred Shares on June 29, 2020.

• In June 2020, NIO Capital Fund I fully exercised its warrant and surrendered the special golden shares, and as a result, we issued to Leap Profit Investment Limited an aggregate of 100,921,392 Series E-1 Preferred Shares on June 29, 2020.

• Series E-1 Preferred Shares and Series E-2 Preferred Shares of the Company, nominal value NIS 0.01 each.

• The Company’s capital structure immediately following Closing shall be as set forth in Section 3.2(i) of the Disclosure Schedule, except for the Series E1 Preferred Shares issued at such Closing pursuant to this Agreement.

• Subject to Section 2.10, if the Company issues additional Series E-1 Preferred Shares after the date hereof, any purchaser of such Series E-1 Preferred Shares shall become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement, and thereafter shall be deemed an “Investor” hereunder.

• Series E-1 Preferred Shares of the Company, nominal value NIS 0.01 each.

• Neither any Missfresh Group Company, nor any of its officers, directors, employees, agents, stockholders or partners has either directly or indirectly, including through a broker or finder (a) engaged in any general solicitation, or (b) published any advertisement in connection with the offer and sale of the Series E1 Preferred Shares.

• The “Series E-1 Conversion Price” shall initially be ninety-five percent (95%) of the applicable Series E-1 Issue Price, resulting in an initial conversion ratio for the Series E-1 Preferred Shares of 19:20 (i.e., 19 Series E-1 Preferred Shares shall initially convert into 20 Ordinary Shares), and shall be subject to adjustment and readjustment from time to time as hereinafter provided.

• The Required Reserve Amount (including, without limitation, each increase in the number of shares so reserved) shall be allocated pro rata among the Holders based on the number of the Series E-1 Preferred Shares held by each Holder on the Initial Issuance Date or increase in the number of reserved shares, as the case may be (the "Authorized Share Allocation").

• In the event of a redemption of less than all of the Series E-1 Preferred Shares, the Company shall promptly cause to be issued and delivered to such Holder a new Series E-1 Preferred Share Statement (in accordance with Section 17) representing the number of Series E-1 Preferred Shares which have not been redeemed.

More Definitions of Series E-1 Preferred Shares

Series E-1 Preferred Shares means the series E-1 redeemable convertible preferred shares in the capital of the Company with a par value of US$0.0001 per share, having the rights set out in these Articles.

Series E-1 Preferred Shares means Preferred Shares designated as Series E-1 Preferred Shares each with the rights provided for in these Articles.

Series E-1 Preferred Shares means one or more voting redeemable Series E-1 Preferred Shares in the capital of the Company with a nominal or par value of US$0.0001 each having the rights, preferences, privileges and restrictions set out in these Articles.

Series E-1 Preferred Shares means series E-1 redeemable convertible preferred shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles. Table of Contents

Series E-1 Preferred Shares has the meaning set forth in the preamble hereto.