Common Contracts
2 similar Securities Purchase Agreement contracts by nFinanSe Inc.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 16th, 2008 • nFinanSe Inc. • Short-term business credit institutions • Florida
The Company has further authorized the issuance of an aggregate of 1,400,000 shares of Common Stock and Preferred Stock, at the exchange price of $2.00 per share, to certain accredited investors in exchange for the 1,120,000 shares of Common Stock purchased by those accredited investors at the purchase price of $2.50 per share pursuant to those certain Securities Purchase Agreements dated March 21, 2008, March 28, 2008, March 31, 2008 and May 16, 2008 (collectively, the “Previous Purchase Agreements”); and (ii) 700,000 shares of Common Stock underlying warrants, with an exercise price of $2.30 per share, that will replace those warrants to purchase 560,000 shares of Common Stock at an exercise price of $3.25 issued to those certain accredited investors party to the Previous Purchase Agreements. The exchange transactions referenced in this paragraph (the “Exchange”) will occur simultaneously with closing of the Offering.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 5th, 2007 • nFinanSe Inc. • Short-term business credit institutions • Florida
· For the first $999,999 invested, each Investor shall receive (i) Common Shares at the purchase price of $3.00 per Common Share, and (ii) Warrants to purchase such number of Warrants Shares that is equal to 50% of the Common Shares purchased.
