Initial Issuance of Securities. At the Initial Closing, subject to the terms and conditions herein, the Company shall issue and sell to EIS, and EIS shall purchase from the Company, (i) the Preferred Stock and (ii) the Warrant, for an aggregate purchase price of $7,500,000.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Electropharmacology Inc), Securities Purchase Agreement (Electropharmacology Inc), Securities Purchase Agreement (Electropharmacology Inc)