Private Placement Subscription Agreement (Genie AI)

The Private Placement Subscription Agreement (Genie AI) is a legal template that outlines the terms and conditions for the purchase of securities in a private placement offering. This agreement is specifically tailored for transactions involving Genie AI, a technology company that specializes in artificial intelligence solutions.

The template contains various provisions and clauses that define the rights and obligations of both the issuing company (Genie AI) and the investors participating in the private placement. It includes sections covering the number and type of securities being offered, the purchase price, payment terms, and any applicable representations and warranties.

Additionally, the agreement may include provisions related to the transferability of the purchased securities, restrictions on resale, and potential rights of first refusal. It may also address potential future financing rounds and the impact they may have on the investor's ownership percentage.

The Private Placement Subscription Agreement (Genie AI) serves as a legal framework ensuring that both the issuing company and the participating investors are protected and their rights and obligations are clearly established. It sets forth the terms of the investment, aiming to facilitate a smooth and transparent transaction between the parties involved in the private placement offering.