Examples of Series C1 Preferred Shares in a sentence
On December 10, 2020, our Company issued 8,038,494 fully paid-up Series C-1 Preferred Shares to QH OIL INVESTMENTS LLC.
Each Excess Series C-1 Preferred Share shall be identical in all respects to each other Excess Series C-1 Preferred Share, and except as otherwise provided herein, shall be identical in all respects to each Series C-1 Preferred Share (the Series C-1 Preferred Shares together with the Excess Series C-1 Preferred Shares being hereinafter referred to as the "Series C-1 Equity Shares").
A total of 8,670,877 authorized Series C-1 Preferred Shares and 1,055,891 authorized Series C-2 Preferred Shares, all of which are issued and outstanding immediately prior to the Closing.
On November 25, 2020, our Company repurchased 3,088,302 Shares from Dr. Xueming Qian (as nominee shareholder for the benefit of other shareholders), and issued the following fully paid-up Series C-1 Preferred Shares to the following shareholders: Shareholder Series C-1Preferred Shares HEYDAY SURGE LIMITED (盛濤有限公司) 10,717,992Titan Stage Project Company Limited 2,679,498Humble Easy Limited 2,679,498LAV Biosciences Fund V, L.P. 2,679,498Teng Yue Partners Master Fund, L.P. 1,071,799SCC Venture VI Holdco, Ltd.
In July 2019, the Group entered into an agreement to purchase 1,428,571 Series C-1 Preferred Shares of I-Mab for a cash consideration of US$10,000,000 (equivalent to approximately RMB68,737,000).
This hasn't stopped the developer from insisting that CDD#4 pay for more than 90% of the needed repairs.
Subsequent to the end of the Quarter, and as described earlier under “Subsequent Events”, 7,622,355 common shares were issued pursuant to the conversion of 30 Series B1 Preferred Shares and 10 Series C1 Preferred Shares, the conversion of $200,000 convertible note payable, and the exercise of 700,000 warrants.
Holders of the Series C-1 Preferred Shares shall not be entitled to any dividend, whether payable in cash, property or securities in excess of full cumulative dividends on the Series C-1 Preferred Shares as described above.
No interest, or sum of money in lieu of interest, shall be payable in respect of any dividend payment or payments on Series C-1 Preferred Shares which may be in arrears.
The foregoing voting provisions will not apply if, at or prior to the time when the act with respect to which such vote would otherwise be required to be effected, all outstanding Series C-1 Preferred Shares shall have been redeemed or called for redemption upon proper notice and sufficient funds shall have been deposited in trust to effect such redemption.