Examples of Series B Purchasers in a sentence
The term “Pro Rata Share” as used in the Series B Purchase Agreement refers to the percentage ownership that is obtained by dividing the number of shares of Class A Common Stock beneficially owned by the Crestview Parties and their affiliates on a fully-diluted basis by the total number of the Class A Stock beneficially owned by the Series B Purchasers and their affiliates on a fully-diluted basis.
On or before February 1, 2016, the Company shall have delivered to the Series B Purchasers the originally executed signature pages to the Series B Notes (electronic copies of which were delivered on the Restatement Effective Date).
The Series B Notes executed by the Issuers in favor of the Series B Purchasers, in the form attached hereto as Exhibit 1A.
On September 15, 2021, the Company sent an Issuer Conversion Notice to the Series B Purchasers pursuant to which all outstanding shares of Series B Preferred Stock were converted into shares of the Company’s Common Stock.
On April 1, 2020, the Series B Purchasers purchased all of the Series B Preferred Stock.