Preemption preference. The purchaser is to be given a right of first refusal with minimum 15 business days, in the event the company plans to raise additional capital that could cause additional dilution for the Purchaser. This preemption preference is not recognized to the current, on-going Series A Convertible Preferred offering including and up to 16.5 billion won or about US $13.76 million (“Founder Allocation”).
Appears in 20 contracts
Samples: Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.)
Preemption preference. The purchaser is to be given a right of first refusal with minimum 15 business days, in the event the company plans to raise additional capital that could cause additional dilution for the Purchaser. This preemption preference is not recognized to the current, on-going Series A Convertible Preferred offering including and up to 16.5 billion won or about US $13.76 million (“Founder Allocation”).
Appears in 12 contracts
Samples: Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.)
Preemption preference. The purchaser is to be given a right of first refusal with minimum 15 business 10 calendar days, in the event the company plans to raise additional capital that could cause additional dilution for the Purchaser. This preemption preference is not recognized to the current, on-going Series A Convertible Preferred offering fund-raising including and up to 16.5 billion won or about US $13.76 million (“Founder Allocation”)million.
Appears in 2 contracts
Samples: Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.), Convertible Preferred Stock Purchase Agreement (K Wave Media Ltd.)
