Form 1099-S Substitute Form Irvine California 2017-2024

Form 1099-S Substitute Form Irvine California: What You Should Know

FINE (2,062,000.00). Payments pursuant to Section 12(a)(2)(ii) of the Securities Exchange Act of 1934 on the Purchase Price as well as the amounts due under the Option to Purchase may be made by check, draft or money order and are subject to the acceptance by Purchaser as final payment, if made, or on such other settlement as the Commission or Appellate Officer may permit. SEC.gov The total purchase price to be paid by Seller to Purchaser for the Property is NINETEEN MILLION SIX HUNDRED FINE (2,062,000.00). Section 12(a)(2)(ii) of the Securities Exchange Act of 1934, as amended, requires the purchaser of an option to acquire a common stock or any other option that entitles the holder thereof to acquire more than 1,000,000 shares of Company common stock to deliver to Purchaser an option to purchase or purchase additional shares of Company common stock. The option holder may elect to buy any additional shares of Company common stock on or before the date that it qualifies for receipt of payment of the consideration paid for the option. Upon the exercise of an option, the holder of the option shall be entitled to receive an amount equal to the exercise price plus any warrants to purchase additional shares of Company common stock outstanding at the time of the exercise, subject to the limitations and rights of the holders of the underlying shares of Company common stock. The Company has entered into an option agreement, at the option of the option holder and Purchaser, that will permit the option holder to purchase from Purchaser an additional amount of Company common stock in lieu of the consideration payable by them under the option agreement. In the event the option holder exercises his option to purchase, it must be exercised within ninety (90) days after the date the option is first exercised. In the event that the option is exercised within such period, the exercise price of the exercise shall be equal to the least of the initial exercise price plus the amount of additional consideration paid by the option holder in connection with the exercise. In no event shall the option expire within nine (9) months after the date that it would otherwise expire.

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