Securities Purchase Agreement (Genie AI)

The Securities Purchase Agreement (Genie AI) is a legal template specifically designed to govern the purchase and sale of securities in the context of Genie AI, an artificial intelligence company. This agreement outlines the terms and conditions surrounding the issuance and acquisition of securities, which could include common or preferred shares, stock options, or convertible promissory notes. It defines the rights and obligations of both the existing shareholders and the potential investors, covering important details such as purchase price, payment terms, representations and warranties, post-closing obligations, and dispute resolution mechanisms. This template serves as a comprehensive and standardized document to ensure a transparent and legally binding transaction between parties involved in the Genie AI investment process.