Additional Equity. The Company shall have consummated the sale of additional shares of Common Stock and Series A Preferred Stock pursuant to the Offerings for aggregate gross proceeds to the Company of not less than $20,000,000.
Appears in 2 contracts
Sources: Preferred Stock Purchase Agreement (Mego Mortgage Corp), Preferred Stock Purchase Agreement (Mego Mortgage Corp)
Additional Equity. The Company shall have consummated the or sale of additional shares of Common Stock and Series A Preferred Stock pursuant to the Offerings for aggregate gross proceeds to the Company of not less than $20,000,000.
Appears in 1 contract
Sources: Common Stock Purchase Agreement (Mego Mortgage Corp)