Acquisition Share Issuance and Purchase of Common Stock Clause Samples
The "Acquisition Share Issuance and Purchase of Common Stock" clause outlines the terms under which shares of common stock are issued and purchased as part of an acquisition transaction. Typically, this clause specifies the number of shares to be issued, the purchase price or valuation method, and the timing or conditions for the issuance and purchase. For example, it may detail whether the shares are issued at closing or in installments, and whether any escrow or holdback provisions apply. The core function of this clause is to clearly define the mechanics and obligations related to the equity component of the acquisition, ensuring both parties understand how ownership interests will be transferred and reducing the risk of disputes over share issuance.
Acquisition Share Issuance and Purchase of Common Stock. Immediately upon Closing, each of the Roadships Shareholders shall surrender their shares in Roadships and Roadships Am in exchange for a pro rata interest in CDDY. The agreement of each of the Roadships Shareholders to transfer and surrender their shares shall be independent of the agreement of any other shareholder to transfer and surrender by any other shareholder.
Acquisition Share Issuance and Purchase of Common Stock. At Closing, QXBT shall deliver 2,940,667 post-split shares of Common Stock of QXBT to the Acquired Shareholders in exchange for total payments of $115,000, of which $60,000 will be paid in cash and $55,000 shall be paid with the Note. At Closing QXBT shall also issue 310,000,000 post-split shares of Common Stock of QXBT to the Acquired Shareholders in exchange for 100% of the capital stock of AcuMed and 100% of the capital stock of CCA, the 2,940,667 post-split ‘control shares’ shall be retired back to the treasury. As a result, the issued and outstanding common shares shall be as follows: QXBT currently issued and outstanding 83,480,848 After 15:1 reverse stock split 5,565,390 Cancellation of the acquired shares (2,940,667) 2,624,723 New shares issuance 310,000,000 Resulting Total 312,624,723 Total common shares owned by AcuMed 310,000,000
Acquisition Share Issuance and Purchase of Common Stock. Immediately upon the Closing, Montgomery shall issue to the Front Street ▇▇▇▇▇▇▇▇▇ers 1,400,000 new investment shares of Preferred Stock of Montgomery in exchange for 100% of the cap▇▇▇▇ ▇▇▇▇▇ of Front Street, which are convertible into 14,000,000 shares of Common Stock of Montgomery at the option of the holder the▇▇▇▇, ▇▇ ▇ny time after one year from the date of issuance.
Acquisition Share Issuance and Purchase of Common Stock. Immediately upon the Closing, ▇▇. ▇▇▇▇▇▇ shall deliver his 200,000 shares of Common Stock of GFRP to the New Century Shareholders in exchange for total payments of $500,000 in cash, less related expenses. In addition, GFRP shall issue 40,000,000 new investment shares of Common Stock of GFRP to the New Century Shareholders in exchange for a 90+% interest in New Century, and, as a result, the then outstanding shares shall be as follows: GFRP Shares Issued and Outstanding 1,079,940 Of which, shares purchased from ▇▇. ▇▇▇▇▇▇ 200,000 Acquisition Share Issuance 40,000,000 Resulting Total 41,079,940 Of which, shares controlled by New Century 40,200,000
Acquisition Share Issuance and Purchase of Common Stock. At Closing, BSKS shall deliver 200,000 post-split shares of Common Stock of BSKS to the CFT Shareholders in exchange for total payments of $470,0001, and shall issue 35,000,000 new post-split investment shares of Common Stock to the CFT Shareholders in exchange for 100% of the capital stock of CFT, and, as a result, the then outstanding common shares shall be as follows: BSKS Issued (post-split) 1,021,958 Acquisition Share Issuance 35,000,000 Resulting Total 36,021,958 Total common shares owned by CFT 35,200,000