This Capital Increase Clause Samples
The 'This Capital Increase' clause defines the specific terms and conditions under which the company will issue additional shares to raise capital. It typically outlines the amount of new capital to be raised, the type and number of shares to be issued, the subscription price, and the timeline for the capital increase. This clause ensures that all parties understand the mechanics and implications of the capital increase, providing transparency and protecting the interests of both existing and new shareholders.
This Capital Increase. 3.1.1 The parties agree that, subject to the fulfilment of terms and conditions of this Agreement and other Capital Increase Transaction Documents, Guohong No.2 shall invest RMB90,000,000 in the Company to subscribe for the newly registered capital of the Company of RMB749,997; Fenzhong Chuangxiang shall invest RMB30,000,000 in the Company to subscribe for the newly registered capital of the Company of RMB249,999. The total newly registered capital of the Company invested by Guohong No.2 and Fenzhong Chuangxiang shall amount to a total of RMB999,996 at the subscription price of RMB120 for each RMB1 of the newly registered capital (hereinafter referred to as “Capital Increase Subscription Price”), and the premium portion of the Proceeds from Capital Increase Subscriptions paid by Guohong No.2 and Fenzhong Chuangxiang shall be included in the capital reserve of the Company.
This Capital Increase. 3.1.1 The parties agree that, subject to the fulfillment of the terms and conditions of this Agreement and other Capital Increase Transaction Documents, Tianhong Lvyan shall invest RMB Fifty-six Million (RMB56,000,000) in the Company to subscribe for the newly registered capital of the Company of RMB Four Hundred Sixty Six Thousand Six Hundred and Sixty-six (RMB466,666); Wentou Huyu shall invest RMB Fourteen Million (RMB14,000,000) in the Company to subscribe for the newly registered capital of the Company of RMB One Hundred and Sixteen Thousand Six Hundred and Sixty-six (RMB116,666). The subscription price for each RMB1 of the newly registered capital shall be RMB One Hundred and Twenty (RMB120) (hereinafter referred to as “Capital Increase Subscription Price”) and the premium portion of the Proceeds from Capital Increase Subscriptions paid by Tianhong Lvyan and Wentou Huyu shall be included in the capital reserve of the Company.
This Capital Increase. 1.1 Subject to all the conditions precedent set out in Article 3 hereof (hereinafter referred to as the “Closing Conditions”) being fulfilled or waived, the Company shall increase its registered capital from CNY 31,826,676 to CNY 35,680,583, of which, CNY 1,331,048 shall be subscribed by the Fund in accordance with Article 2.1 hereof (hereinafter referred to as the “capital increase by the Fund”), CNY 1,064,838 shall be subscribed by Cheetah Technology in accordance with Article 2.1 hereof (hereinafter referred to as the “capital increase by Cheetah Technology”), and CNY 1,458,021 shall be subscribed by Kingsoft Security in accordance with Article 2.2 hereof (hereinafter referred to as the “capital increase by Kingsoft Security”, and, together with capital increase by the Fund and capital increase by Cheetah Technology, “this capital increase”).
1.2 The Parties acknowledge that in respect of the capital increase by the Fund and capital increase by Cheetah Technology, this capital increase is conducted based on the Company’s pre-investment valuation of USD 500 million, with per share of registered capital corresponding to USD 15.71 (equivalent to CNY 112.69); and in respect of the capital increase by Kingsoft Security, the conversion rate is that per share of registered capital corresponds to CNY 81.46, as agreed in the Loan Agreement. Upon completion of this capital increase, the Company’s registered capital shall be CNY 35,680,583. The capital contribution by each shareholder of the Company and the proportion of equity held in the Company are as follows: Shareholder Name Subscribed Capital ContributionUnit: CNY Paid-in CapitalUnit: CNY Proportion of Equity Beijing Kingsoft Internet Security Software Co., Ltd. 22,765,315 22,765,315 63.8031% Cheetah Technology Corporation Limited 2,961,384 2,961,384 8.2997% Beijing Orion Growth Technology Center (Limited Partnership) 7,810,231 2,000,000 21.8893% ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Venture Capital Center (Limited Partnership) 152,363 152,363 0.4270% ▇▇▇▇ ▇▇▇▇▇▇ 660,242 660,242 1.8504% Gongqingcheng Orion Industrial Investment Center (Limited Partnership) 1,331,048 1,331,048 3.7305%
This Capital Increase. 1.1 All parties agree that pre-investment valuation of Party B’s company is RMB 500 million, and the investment amount of this investment is RMB 100 million (hereinafter referred to as “investment fund”). After the completion of this investment, Party A holds 20% equity of Party B.
1.2 The parties agree that the purpose of the investment fund referred to in Article 1.1 is: Party B’s capital needs in the process of restructuring, including the transfer consideration for the proposed listed company’s acquisition of Jiangxi Yibo Electronic Technology Co., Ltd.. Party B agrees that Party B shall not use the investment funds for external guarantee and debt repayment before this listing.
This Capital Increase. 1.1 The pre-investment valuation of the target company for this investment is RMB 300 million, and its registered capital will be increased from RMB 50 million to RMB 51.1 million, with an additional registered capital of RMB 1.1 million (hereinafter referred to as "new capital contribution"). The subscriber contributed RMB 6.6 million (hereinafter referred to as the "investment fund") to subscribe for the above-mentioned new capital contribution, of which RMB 1.1 million was included in the registered capital of the target company, and the premium amount of RMB 5.5 million was included in the capital surplus of the target company.
1.2 After the completion of this capital increase, the shareholding ratio of the subscriber in the target company is 2.15%.