Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / executed-stockholder-consent.docx
executed-stockholder-consent.docx
Parties
Delaware General Corp
Skybridge Fintech Ltd
Soo LLP
Kelvantis Lending Corp
General Counsel Skybridge Fintech Ltd
Dates
January 12, 2024
January 10, 2024
January 15, 2026
August 15, 2022
August 15, 2025
March 22, 2022
Amounts
$60,000,000
$45,000,000
$15,000,000
$80,000,000
$750,000,000
$15.46
$125,000
$7,500
$30,000,000
$10,000,000
Obligations
The Notes shall bear interest at a rate of six percent (6
The Notes shall be issued and sold to the following purchasers (collectively, the "Purchasers") in the following respective principal amounts and proportions: (d) Closings
The Notes shall automatically convert into equity securities of the Company upon the closing of a Qualified Financing
The Company shall deliver to each Purchaser such certificates, instruments, or book-entry evidence as may be required to evidence the equity securities issued upon conversion
In the event of a Change of Control of the Company (as such term is defined in the Note Purchase Agreement) occurring prior to the conversion of the Notes, each holder of a Note shall be entitled to receive, at such holder's election, the greater of: (i) an amount equal to two times (2
SECTION 2: APPROVAL OF THE NOTE PURCHASE AGREEMENT RESOLVED, that the stockholders of the Company hereby approve the Note Purchase Agreement (the "NPA") by and among the Company and the Purchasers, substantially in the form presented to the stockholders and approved by the Board of Directors on January 10, 2024, pursuant to which the Notes shall be issued and sold to the Purchasers in connection with the Bridge Financing