Subject Shares definition
Examples of Subject Shares in a sentence
Each Buyer hereby acknowledges that an investment in the Subject Shares involves certain significant risks.
The Seller hereby agrees to transfer the aggregated amount of 560,000 Founder Shares (the “Subject Shares”) to the Buyer immediately prior to or upon the effectiveness of Registration Statement (the “Transfer”) and the Buyer agrees to pay the Seller an aggregate amount of $4852(the “Purchase Price”) at the Transfer, in consideration of the transfer of the Subject Shares.
The Buyer has no need for liquidity in its investment in the Subject Shares for the foreseeable future and is able to bear the risk of that investment for an indefinite period.
The Buyer hereby acknowledges that an investment in the Subject Shares involves certain significant risks.
The Subject Shares are being acquired solely for the Buyer’s own account, for investment purposes only, and are not being purchased with a view to or for the resale, distribution, subdivision or fractionalization thereof; and the Buyer has no present plans to enter into any contract, undertaking, agreement or arrangement for such resale, distribution, subdivision or fractionalization.