Captivision Inc (CAPT) has released an update.
Captivision Inc., a Cayman Islands-based company, enters into a Subscription Agreement to issue and sell shares to a Subscriber and potentially other qualified institutional buyers or accredited investors. The agreement, made for a fixed purchase price per share, outlines the terms, conditions, and mutual representations, ensuring Subscriber’s legal authority and compliance with investment restrictions. It emphasizes the private nature of the offering, stipulating that shares are not registered under the Securities Act and detailing the limitations on their resale.
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