Examples of Series C Investors in a sentence
The increased valuation for the investment by Series C Investors as compared to the investment by Series B Investors was mainly due to the advancement in the research and development of MRG003, MRG002, HX008 and CG0070.
On March 6, 2021, as part of the Series C Financing, the Company allotted and issued a total of 35,422,353 Series C Preferred Shares to our Series C Investors at a purchase price of US$3.6700 per Series C Preferred Share.
Pursuant to the SPA, the Series C Investors subscribed for and the Company allotted and issued a total of 35,422,353 Series C Preferred Shares at a purchase price of USD3.67 per Series C Preferred Share for a total consideration of approximately USD130 million (the “Series C Financing”).
Pursuant to a series C share purchase agreement entered into among others, the Company and certain of its subsidiaries, and the Series C Investors on April 15, 2019, the Company issued a total of 39,387,246 Series C Preferred Shares at a purchase price of approximately US$1.69 per share for total proceeds of US$66,500,000.
The Group became acquainted with Cuiweikechuang through the introduction by Xinjianyuan Phase III Zhongyuan Qianhai Equity Investment L.P.(Limited Partnership) (中原前海股權投資基金有限合夥), also one of the Series C Investors of the Company.