Acquisition Share Issuance and Purchase of Common Stock Sample Clauses

Acquisition Share Issuance and Purchase of Common Stock. Immediately upon Closing, each of the Roadships Shareholders shall surrender their shares in Roadships and Roadships Am in exchange for a pro rata interest in CDDY. The agreement of each of the Roadships Shareholders to transfer and surrender their shares shall be independent of the agreement of any other shareholder to transfer and surrender by any other shareholder.
Sample 1
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Acquisition Share Issuance and Purchase of Common Stock. At Closing, QXBT shall deliver 2,940,667 post-split shares of Common Stock of QXBT to the Acquired Shareholders in exchange for total payments of $115,000, of which $60,000 will be paid in cash and $55,000 shall be paid with the Note. At Closing QXBT shall also issue 310,000,000 post-split shares of Common Stock of QXBT to the Acquired Shareholders in exchange for 100% of the capital stock of AcuMed and 100% of the capital stock of CCA, the 2,940,667 post-split ‘control shares’ shall be retired back to the treasury. As a result, the issued and outstanding common shares shall be as follows: QXBT currently issued and outstanding 83,480,848 After 15:1 reverse stock split 5,565,390 Cancellation of the acquired shares (2,940,667) 2,624,723 New shares issuance 310,000,000 Resulting Total 312,624,723 Total common shares owned by AcuMed 310,000,000
Sample 1
Acquisition Share Issuance and Purchase of Common Stock. Immediately upon the Closing, Xx. Xxxxxx shall deliver his 200,000 shares of Common Stock of GFRP to the New Century Shareholders in exchange for total payments of $500,000 in cash, less related expenses. In addition, GFRP shall issue 40,000,000 new investment shares of Common Stock of GFRP to the New Century Shareholders in exchange for a 90+% interest in New Century, and, as a result, the then outstanding shares shall be as follows: GFRP Shares Issued and Outstanding 1,079,940 Of which, shares purchased from Xx. Xxxxxx 200,000 Acquisition Share Issuance 40,000,000 Resulting Total 41,079,940 Of which, shares controlled by New Century 40,200,000
Sample 1
Acquisition Share Issuance and Purchase of Common Stock. At Closing, BSKS shall deliver 200,000 post-split shares of Common Stock of BSKS to the CFT Shareholders in exchange for total payments of $470,0001, and shall issue 35,000,000 new post-split investment shares of Common Stock to the CFT Shareholders in exchange for 100% of the capital stock of CFT, and, as a result, the then outstanding common shares shall be as follows: BSKS Issued (post-split) 1,021,958 Acquisition Share Issuance 35,000,000 Resulting Total 36,021,958 Total common shares owned by CFT 35,200,000
Sample 1
Acquisition Share Issuance and Purchase of Common Stock. Immediately upon the Closing, Montgomery shall issue to the Front Street Xxxxxxxxxers 1,400,000 new investment shares of Preferred Stock of Montgomery in exchange for 100% of the capxxxx xxxxx of Front Street, which are convertible into 14,000,000 shares of Common Stock of Montgomery at the option of the holder thexxxx, xx xny time after one year from the date of issuance.
Sample 1

Related to Acquisition Share Issuance and Purchase of Common Stock

  • Sale and Purchase of Common Stock 1.1. Subject to the conditions hereof, the Company hereby agrees to issue and sell to Subscriber, and Subscriber hereby agrees to subscribe for and purchase from the Company, for investment, on the Closing Date (as defined below), the number of shares of Common Stock set forth next to Subscriber’s name on Schedule I hereto (the “Shares”) at a purchase price equal to the price per share to the public in the Public Offering, less the underwriting discounts and commission payable to the underwriters in the Public Offering (the “Purchase Price”).

  • Purchase of Common Shares The Purchaser shall have accepted for payment and paid for Common Shares in an amount sufficient to meet the Minimum Condition and otherwise pursuant to the Offer in accordance with the terms hereof.

  • PURCHASE OF COMMON STOCK Subject to the terms and conditions set forth in this Agreement, the Company has the right to sell to the Investor, and the Investor has the obligation to purchase from the Company, Purchase Shares as follows:

  • Purchase of Company Shares Acquisition Sub shall have accepted for payment and paid for all of the Company Shares validly tendered and not withdrawn pursuant to the Offer.

  • Purchase and Sale of Common Stock and Warrants (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, an aggregate of approximately 3,333,334 shares of Common Stock (the "Shares") at a price per share of $0.90 (the "Per Share Purchase Price") for an aggregate purchase price of $3,000,000 (the "Purchase Price"). The Company and the Purchasers are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D"), and Regulation S promulgated thereunder. and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.

  • Purchase and Sale of Common Shares and Warrants (a)Purchase of Common Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, shall purchase from the Company on the Closing Date (as defined below), the number of Common Shares as is set forth opposite such Buyer's name in column (4) on the Schedule of Buyers, along with the Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Buyer's name in column (5) on the Schedule of Buyers (the “Closing”).

  • Purchase of Shares of Common Stock Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "Settlement Rate" is equal to:

  • Purchase of Option Shares Subject to all the terms and conditions of this Agreement, the Company grants to the Representative on behalf of the Underwriters the Option to purchase, severally and not jointly, all or less than all of the Option Shares. The purchase price (net of discount and commissions) to be paid for each Option Share will be the same Purchase Price (net of discount and commissions) allocated to each Firm Share. The Option may be exercised in whole or in part at any time and from time to time on or before the 45th day after the date of this Agreement, upon written notice (the “Option Notice”) by the Representative to the Company no later than 12:00 noon, New York City time, at least one and no more than five business days before the date specified for closing in the Option Notice (the “Option Closing Date”) setting forth the aggregate number of Firm Shares to be purchased and the time and date for such purchase. Upon exercise of the Option, the Company will become obligated to convey to the Underwriters, and, subject to the terms and conditions set forth herein, the Underwriters will become obligated to purchase, the number of Firm Shares specified in the Option Notice. If any Option Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Option Shares that, together with the number of Firm Shares, is set forth on Schedule A opposite such Underwriter’s name. For purposes of this Agreement, “business day” means any day except Saturday, Sunday and any day which is a federal legal holiday or a day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Purchase and Sale of Common Shares (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in Schedule B to this Agreement, the Purchaser hereby agrees to purchase from the Company and the Company hereby agrees to sell to the Purchaser, on the Closing Date, 104,500,000 Common Shares (the “Purchased Shares”) at a price of $48.60 per Purchased Share for an aggregate purchase price of $5,078,700,000 (the “Share Purchase Price”).

  • Issuance and Sale of Common Shares Section 2.01 (a)

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