Common use of Preferred Shares Clause in Contracts

Preferred Shares. A total of 1,098,765,818 authorized Preferred Shares, (i) 202,118,672 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 of which are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 of which are issued and outstanding, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total of 1,098,765,818 1,301,189,200 authorized Preferred Shares, (i) 202,118,672 260,210,920 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 253,877,920 of which are issued and outstanding, and 10,739,997 6,333,000 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 233,480,782 of which are issued and outstanding, and 66,432,971 39,859,783 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each and all of which issued or outstanding; and (x) 144,331,134 of which are designated as Series E Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total of 1,098,765,818 1,129,045,072 authorized Preferred Shares, (i) 202,118,672 232,397,926 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 202,118,672 of which are issued and outstanding, and 10,739,997 30,279,254 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 of which are issued and outstanding, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total of 1,098,765,818 authorized Preferred SharesImmediately prior to the Closing and after giving effect to the Restructuring, (i) 202,118,672 a total of 6,427,914 authorized series A convertible preferred shares of the Company, par value of US$0.001 per share (the “Series A Preferred Shares”), all of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 of which shares are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 a total of 9,206,263 authorized series A-1 convertible preferred shares of the Company, par value of US$0.001 per share (the “Series A-1 Preferred Shares”), all of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 a total of which are designated as Series A-2 Preferred Shares with 2,138,438 authorized series B convertible preferred shares of the Company, par value of US$0.00001 each and 0.001 per share (the “Series B Preferred Shares”), all of which shares are issued and outstanding; (iv) 14,503,820 a total of which are designated as 7,583,332 authorized Series B-1 convertible preferred shares of the Company, par value of US$0.001per share (the “Series B-1 Preferred Shares with par value US$0.00001 each and Shares”), all of which shares are issued and outstanding; and (v) 171,289,239 a total number of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as 13,787,829 authorized Series C Preferred Shares with Shares, par value of US$0.00001 each; 206,907,594 0.001 per share, none of which are issued and outstandingoutstanding and all of which will be issued and outstanding upon Closing to the Investors in such number as set forth opposite such Investors’ names on Schedule A attached hereto. Series A Preferred Shares, Series A-1 Preferred Shares, Series B Preferred Shares, Series B-1 Preferred Shares, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D C Preferred Shares with par value US$0.00001 each but none of which are issued or outstandingreferred to collectively herein as “Preferred Shares”.

Preferred Shares. A total of 1,098,765,818 1,301,189,200 authorized Preferred Shares, (i) 202,118,672 260,210,920 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 253,877,920 of which are issued and outstanding, and 10,739,997 6,333,000 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 233,480,782 of which are issued and outstanding, and 66,432,971 39,859,783 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each and all of which are issued or outstanding; and (x) 144,331,134 of which are designated as Series E Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total of 1,098,765,818 authorized Preferred SharesImmediately prior to the Closing and after giving effect to the Restructuring, (i) 202,118,672 a total of 6,427,914 authorized series A convertible preferred shares of the Company, par value of US$0.0001 per share (the “Series A Preferred Shares”), all of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 of which shares are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 a total of 9,206,263 authorized series A-1 convertible preferred shares of the Company, par value of US$0.0001 per share (the “Series A-1 Preferred Shares”), all of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 a total of which are designated as Series A-2 Preferred Shares with 2,138,438 authorized series B convertible preferred shares of the Company, par value of US$0.00001 each and 0.0001 per share (the “Series B Preferred Shares”), all of which shares are issued and outstanding; (iv) 14,503,820 a total of which are designated as 7,583,332 authorized Series B-1 convertible preferred shares of the Company, par value of US$0.0001per share (the “Series B-1 Preferred Shares with par value US$0.00001 each and Shares”), all of which shares are issued and outstanding; and (v) 171,289,239 a total number of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as 13,787,829 authorized Series C Preferred Shares with Shares, par value of US$0.00001 each; 206,907,594 0.0001 per share, none of which are issued and outstandingoutstanding and all of which will be issued and outstanding upon Closing to the Investors in such number as set forth opposite such Investors’ names on Schedule A attached hereto. Series A Preferred Shares, Series A-1 Preferred Shares, Series B Preferred Shares, Series B-1 Preferred Shares, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D C Preferred Shares with par value US$0.00001 each but none of which are issued or outstandingreferred to collectively herein as “Preferred Shares”.

Preferred Shares. A total of 1,098,765,818 290,368,628 authorized Preferred Sharespreferred shares, including (i) 202,118,672 78,824,567 series E preferred shares of a par value of US$0.0001 each (the “Series E Shares”), all of which are designated as Series Seed Preferred Shares with issued and outstanding, (ii) 50,193,243 series D preferred shares of a par value of US$0.00001 each; 191,378,675 0.0001 each (the “Series D Shares”), all of which are issued and outstanding, (iii) 50,195,203 series C preferred shares of a par value of US$0.0001 each (the “Series C Shares”), all of which are issued and outstanding, (iv) 54,083,288 series B+ Shares of a par value of US$0.0001 each (the “Series B+ Shares”), all of which are issued and outstanding, (v) 34,815,112 series B preferred shares of a par value of US$0.0001 each (the “Series B Shares”), 34,544,762 of which are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 22,257,215 series A preferred shares of which are designated as Series B-3 Preferred Shares with a par value of US$0.00001 0.0001 each and all of which issued and outstanding(the “Series A Shares”, (vii) 87,075,383 of which are designated as together with the Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstandingE Shares, (viii) 273,340,565 of which are designated as the Series D Shares, the Series C Shares, the Series B+ Shares and the Series B Shares, collectively the “Existing Preferred Shares with par value US$0.00001 Shares” and each; 206,907,594 , an “Existing Preferred Share”), 17,085,275 of which are issued and outstanding. The rights and preferences of each series of the Existing Preferred Shares are set forth in the Fifth Amended and Restated Memorandum and Articles of Association of the Company which was adopted on January 12, 2018 (the “Existing Articles”). Each of the Existing Preferred Shares is convertible into Ordinary Shares on an initial ratio of 1:1, and 66,432,971 of no issuances have been made prior to the date hereof, or will be made prior to the Closing, which has not been issued had, should have had, or outstanding; and (ix) 66,432,971 will have the effect of which are designated as Series D modifying the conversion ratio of any Existing Preferred Shares with par value US$0.00001 each but none of which are issued or outstandingShares.

Preferred Shares. A total of 1,098,765,818 955,159,879 authorized Preferred Shares, (i) 202,118,672 191,378,675 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 each and all of which are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, and (viii) 273,340,565 206,907,594 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 of which are issued and outstanding0.00001, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total of 1,098,765,818 1,150,525,066 authorized Preferred Shares, (i) 202,118,672 253,877,920 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 232,397,926 of which are issued and outstanding, and 10,739,997 21,479,994 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 233,480,782 of which are issued and outstanding, and 66,432,971 39,859,783 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total Such number of 1,098,765,818 authorized Preferred SharesShares equal to the number of issued and outstanding Preferred Shares plus the Series E Preferred Shares and the Series Seed Preferred Shares authorized to be issued in the Series E Financing, (i) 202,118,672 260,210,920 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 each and all of which are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 , and all of which are issued and outstanding, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but and all of which are issued or outstanding; and (x) the Series E Preferred Shares authorized to be issued in the Series E Financing, none of which are issued or outstanding.

Preferred Shares. A total of 1,098,765,818 748,252,285 authorized Preferred Shares, (i) 202,118,672 191,378,675 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 each and all of which are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, ; (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstandingeach, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 of which are issued and outstanding, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but none of which are issued or outstanding.

Preferred Shares. A total Such number of 1,098,765,818 authorized Preferred SharesShares equal to the number of issued and outstanding Preferred Shares plus the Series E Preferred Shares authorized to be issued in the Series E Financing, (i) 202,118,672 260,210,920 of which are designated as Series Seed Preferred Shares with par value US$0.00001 each; 191,378,675 each and all of which are issued and outstanding, and 10,739,997 of which has not been issued or outstanding; (ii) 66,667,000 of which are designated as Series A-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iii) 131,987,050 of which are designated as Series A-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (iv) 14,503,820 of which are designated as Series B-1 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (v) 171,289,239 of which are designated as Series B-2 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding; (vi) 85,351,118 of which are designated as Series B-3 Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (vii) 87,075,383 of which are designated as Series B-3+ Preferred Shares with par value US$0.00001 each and all of which issued and outstanding, (viii) 273,340,565 of which are designated as Series C Preferred Shares with par value US$0.00001 each; 206,907,594 , and all of which are issued and outstanding, and 66,432,971 of which has not been issued or outstanding; and (ix) 66,432,971 of which are designated as Series D Preferred Shares with par value US$0.00001 each but and all of which are issued or outstanding; and (x) the Series E Preferred Shares authorized to be issued in the Series E Financing, none of which are issued or outstanding.