Document ID: 2941

Text:
(a) Sale and Issuance. The Purchaser shall pay an aggregate of $8,750,000 for the Shares, which consist of 833,334 ClassA Shares, at a purchase price per Share (as may be adjusted pursuant to clauses (i)through (iii) below, the Purchase Price) of $10.50 , subject to the terms and conditions of this Agreement (including Section2(c)(iii) with respect to potential payment by Wang of a portion of the aggregate Purchase Price, which payment shall be in addition to the Purchasers payment of such $8,750,000 ). Immediately after the Closing, the Shares shall represent at least 5.34% of all issued and outstanding shares of Common Stock of the Company, on an as-converted basis. The Closing Date is expected to be no later than November30, 2017.

Named Entities:
14
19
Principal
27
29
Shares
61
64
Price
112
117
Principal
131
134
Percentage

Tokenized Text:
(
a
)
Sale
and
Issuance
.
The
Purchaser
shall
pay
an
aggregate
of
$
8
,
750
,
000
for
the
Shares
,
which
consist
of
833
,
334
ClassA
Shares
,
at
a
purchase
price
per
Share
(
as
may
be
adjusted
pursuant
to
clauses
(
i
)
through
(
iii
)
below
,
the
Purchase
Price
)
of
$
10
.
50
,
subject
to
the
terms
and
conditions
of
this
Agreement
(
including
Section2
(
c
)
(
iii
)
with
respect
to
potential
payment
by
Wang
of
a
portion
of
the
aggregate
Purchase
Price
,
which
payment
shall
be
in
addition
to
the
Purchasers
payment
of
such
$
8
,
750
,
000
)
.
Immediately
after
the
Closing
,
the
Shares
shall
represent
at
least
5
.
34
%
of
all
issued
and
outstanding
shares
of
Common
Stock
of
the
Company
,
on
an
as
-
converted
basis
.
The
Closing
Date
is
expected
to
be
no
later
than
November30
,
2017
.