Common use of Authorized and Outstanding Capital Stock Clause in Contracts

Authorized and Outstanding Capital Stock. As of the date hereof, the authorized capital stock of the Purchaser consists of (A) 746,666,667 shares of Common Stock, of which, 480,737,533 are issued and outstanding and 56,005,479 shares are reserved for issuance pursuant to Convertible Securities (as defined below) (other than the Shares) exercisable or exchangeable for, or convertible into, shares of Common Stock and (B) 10,000,000 shares of Preferred Stock, none of which are issued and outstanding. No shares of Common Stock are held in the treasury of the Purchaser.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (HEXO Corp.), Assignment and Assumption Agreement (Tilray Brands, Inc.)

AutoNDA by SimpleDocs

Authorized and Outstanding Capital Stock. As of the date hereof, the authorized capital stock of the Purchaser consists of (A) 746,666,667 shares of Common Stock, of which, 480,737,533 are issued and outstanding and 56,005,479 shares are reserved for issuance pursuant to Convertible Securities (as defined below) (other than the SharesClosing Shares and the Conversion Shares underlying the Purchaser Convertible Notes) exercisable or exchangeable for, or convertible into, shares of Common Stock and (B) 10,000,000 shares of Preferred Stock, none of which are issued and outstanding. No shares of Common Stock are held in the treasury of the Purchaser.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Tilray Brands, Inc.), Amending Agreement to Transaction Agreement (Tilray Brands, Inc.)

Authorized and Outstanding Capital Stock. As of the date hereofof this Agreement and as of the Initial Closing, the authorized capital stock of the Purchaser Company consists of (A) 746,666,667 500,000,000 shares of Common Stock, of which, 480,737,533 192,747,463 are issued and outstanding and 56,005,479 41,660,092 shares are reserved for issuance pursuant to Convertible Securities (as defined below) (other than the SharesNotes) exercisable or exchangeable for, or convertible into, shares of Common Stock Stock, and (B) 10,000,000 shares of Preferred Stockpreferred stock, none par value $0.00001 per share, of which no shares are issued and outstanding. No shares of Common Stock are held in the treasury of the Purchaser.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Velo3D, Inc.), Securities Purchase Agreement (Velo3D, Inc.)

Authorized and Outstanding Capital Stock. As of the date hereof, the authorized capital stock of the Purchaser Company consists of (A) 746,666,667 three hundred fifty million (350,000,000) shares of Common Stock, of which, 480,737,533 25,983,538 are issued and outstanding as of the date hereof and 56,005,479 shares 9,547,419 of which are reserved for issuance pursuant to Convertible Securities (as defined below) (other than the Shares) ), in each case exercisable or exchangeable for, or convertible into, shares of Common Stock Stock, and (B) 10,000,000 ten million (10,000,000) shares of Preferred Stock, none of which are issued and outstanding. No shares of Common Stock are held in the treasury of the PurchaserCompany.

Appears in 1 contract

Samples: Amendment and Exchange Agreement (Innovate Biopharmaceuticals, Inc.)

Authorized and Outstanding Capital Stock. As of the date hereof, the authorized capital stock of the Purchaser Company consists of (A) 746,666,667 180,000,000 shares of Common Stock, of which, 480,737,533 23,945,578 are issued and outstanding and 56,005,479 375,000 shares are reserved for issuance pursuant to Convertible Securities (as defined belowin the Purchase Agreement) (other than the Sharesshares of Common Stock issuable upon conversion of the Original Note and the Original and/or the Corrected Warrant) exercisable or exchangeable for, or convertible into, shares of Common Stock Stock, and (B) 10,000,000 20,000,000 shares of Preferred Stock, none of which are issued and outstanding. No shares of Common Stock are held in the treasury of the PurchaserCompany. Schedule 3(l)(ii) sets forth all of the authorized capital stock of the Company (and owners thereof) on a fully-diluted basis as of the Exchange Date.

Appears in 1 contract

Samples: Forbearance and Exchange Agreement (DatChat, Inc.)

AutoNDA by SimpleDocs

Authorized and Outstanding Capital Stock. As of the date hereof, the authorized capital stock of the Purchaser Company consists of (A) 746,666,667 22,500,000 shares of Common Stock, of which, 480,737,533 14,037,590 are issued and outstanding and 56,005,479 5,772,113 shares are reserved for issuance pursuant to Convertible Securities (as defined below) (other than the SharesPreferred Shares and the Common Warrants) exercisable or exchangeable for, or convertible into, shares of Common Stock and (B) 10,000,000 shares of Preferred Stock, 1,350 of which were previously issued and none of which are issued and currently outstanding. No shares of Common Stock are held in the treasury of the PurchaserCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sigma Labs, Inc.)

Authorized and Outstanding Capital Stock. As of the date hereof, the authorized capital stock of the Purchaser Company consists of (A) 746,666,667 100,000,000 shares of Common Stock, of which, 480,737,533 8,923,374 are issued and outstanding (excluding the Common Shares) and 56,005,479 3,277,300 shares are reserved for issuance pursuant to Convertible Securities (as defined below) (other than excluding the SharesWarrant Shares issuable upon exercise of the Warrants) exercisable or exchangeable for, or convertible into, shares of Common Stock and (B) 10,000,000 60,000,000 shares of Preferred Stock, none 0 of which are issued and outstanding. No 0 shares of Common Stock are held in the treasury of the PurchaserCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aridis Pharmaceuticals, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!