Authorized and Outstanding Shares. Price Services shall record the issuance of Shares of the Fund and maintain, pursuant to Rule17Ad10(e) of the '34 Act, a record of the total number of Shares of the Fund which are authorized and outstanding, based upon data provided to it by the Fund. Price Services shall also provide the Fund on a regular basis the total number of Shares that are authorized and issued and outstanding. Price Services shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issuance or sale of such Shares.
Authorized and Outstanding Shares. The authorized capital stock of Parent consists of 300,000,000 shares of Parent Common Stock and 1,000,000 shares of Parent Preferred Stock, (the “Parent Preferred Stock”). As of the close of business on the date immediately preceding the date of this Agreement, there were 101,494,158 issued and outstanding shares of Parent Common Stock, no shares of Parent Common Stock held by Parent in its treasury, and no issued and outstanding shares of Parent Preferred Stock. Section 3.3(a) of the Parent Disclosure Letter sets forth a true, correct and complete list of all outstanding shares of Parent Common Stock subject to outstanding options, warrants or similar rights (collectively, the “Parent Equity Rights”), held in escrow, or reserved for future issuance. Except as set forth therein, there are no outstanding or authorized stock appreciation, phantom stock, profit participation or other similar rights with respect to Parent Common Stock. All shares of Parent Common Stock are, and all shares of Parent Common Stock which may be issued and outstanding immediately prior to the Effective Time as permitted under this Agreement shall be when issued, duly authorized, validly issued, fully paid and nonassessable shares of Parent Common Stock free and clear of all liens and encumbrances and not subject to any preemptive rights.
Authorized and Outstanding Shares. The authorized capital stock of the Company consists of ten million (10,000,000) shares of common stock, without par value, of which 5,931,145 shares are issued and outstanding and constitute the Shares. All of the Shares have been duly authorized, are validly issued, fully paid and non-assessable, and are owned of record and beneficially by the Selling Shareholders in the respective amounts set forth in Section 3.02(a) of the Disclosure Schedule.
Authorized and Outstanding Shares. (as of May 31, 2006) Authorized: 1,000 shares of common stock, $0.001 par value Outstanding: 1,000 shares of common stock, $0.001 par value DG Systems Acquisition II Corporation, a Delaware corporation.
Authorized and Outstanding Shares. The authorized capital stock of the Company consists of 10,000,000 shares of the Company Common Stock, 540,000 shares of Company Series A Preferred Stock (the “Company Series A Preferred Stock”) and 150,000 shares of Company Series B Preferred Stock (the “Company Series B Preferred Stock”). As of the close of business on the date immediately preceding the date of this Agreement, there were 400,000 issued and outstanding shares of Company Common Stock, 540,000 issued and outstanding shares of Company Series A Preferred Stock, 52,000 issued and outstanding shares of Company Series B Preferred Stock and no shares of Company Common Stock, Company Series A Preferred Stock and Company Series B Preferred Stock held by the Company in its treasury. Section 4.3(a) of the Company Disclosure Letter sets forth a true, correct and complete list of all outstanding shares of the Company Merger Stock subject to outstanding options, warrants, conversion or similar rights (collectively, the “Company Equity Rights”), or reserved for future issuance. Except as set forth therein, there are no outstanding or authorized stock appreciation, phantom stock, profit participation or other similar rights with respect to the Company Merger Stock. All shares of the Company Merger Stock are, and all shares of the Company Merger Stock which may be issued and outstanding immediately prior to the Effective Time as permitted under this Agreement shall be when issued, duly authorized, validly issued, fully paid and nonassessable shares of the Company Common Stock and not subject to any preemptive rights.
Authorized and Outstanding Shares. The authorized capital stock of the Company consists of 60 million shares of common stock, $.001 par value, and 5 million shares of preferred stock, $.001 par value. There are 57,821,477 shares of common stock outstanding, and no shares of preferred stock outstanding. Ownership by Affiliates Name Position Shares Zhiguo Fu CEO, Director 8,849,730 Gxxxxx Xxx CFO, Director 110,000 Guopeng Gao Director 70,000 Hongjun Si Director 60,000 Liqui Bai Director 30,000 Shaoqui Xia Director 0 Nxxx Xx Director 0 Sxxxxx Xxxx Director 0 Yxxxx Xxx Director 0 Jxxx XxXxxxxx Director 28,924 Cxxxxx Xxxxx Director 24,884 Dxx Xxxxx Senior V.P. 0 Lxxx Xxxxx CTO 40,000 ADVANCED BATTERY TECHNOLOGIES, INC. Securities Purchase Agreement dated May 27, 2009 Disclosure Schedules SCHEDULE 3.1(g): Capitalization - Page 2 Commitments to Issue Securities The Company has agreed that it will issue to Cxxxxx Xxxxx, for each year of his service on the Board of Directors, common shares with a market value of $30,000. The shares are issuable on February 1 of each year. Market value is determines as the average closing price for the ten trading days preceding the issuable date. The Company has agreed that it will issue to Jxxx X. XxXxxxxx, for each year of his service on the Board of Directors, common shares with a market value of $30,000. The shares are issuable on March 1 of each year. Market value is determines as the average closing price for the ten trading days preceding the issuable date. The Company has agreed to issue to Dxx Xxxxx 20,000 shares of common stock for each year of his employment by the Company. The shares are issuable in September of each year. The Company has agreed to issue to Lxxx Xxxxx 40,000 shares of common stock during each of the next four years of his employment.
Authorized and Outstanding Shares. The total authorized capital stock of Company is One Hundred Thousand (100,000) shares of common stock, 50,000 shares of which are issued and outstanding as of the date of this Agreement, and will be issued and outstanding as of the Closing Date.
Authorized and Outstanding Shares. The authorized capital stock of KeyOn consists of 95,000,000 shares of KeyOn Common Stock and 5,000,000 shares of Series A Preferred Stock (the “KeyOn Preferred Stock”). As of the close of business on the date immediately preceding the date of this Agreement, there were 8,714,845 issued and outstanding shares of KeyOn Common Stock (including 80,000 restricted shares), no shares of KeyOn Common Stock held by KeyOn in its treasury, and no issued and outstanding shares of KeyOn Preferred Stock. The restrictions applicable to the 80,000 restricted shares of KeyOn Common Stock outstanding will lapse upon the Effective Time. Section 4.3(a) of the KeyOn Disclosure Letter sets forth a true, correct and complete list of all outstanding shares of KeyOn Common Stock subject to outstanding options, warrants, conversion or similar rights (collectively, the “KeyOn Equity Rights”), or reserved for future issuance. Except as set forth therein, there are no outstanding or authorized stock appreciation, phantom stock, profit participation or other similar rights with respect to KeyOn. All shares of KeyOn Common Stock are, and all shares of KeyOn Common Stock which may be issued and outstanding immediately prior to the Effective Time as permitted under this Agreement shall be when issued, duly authorized, validly issued, fully paid and nonassessable shares of KeyOn Common Stock and not subject to any preemptive rights.
Authorized and Outstanding Shares. The total authorized capital stock of ZAP is ten million (10,000,000) shares of common stock,, 4,319,210 shares of which are issued and outstanding as of the date of this Agreement, and will be issued and outstanding as of the Stage One Closing Date prior to the issuance of the Shares. Upon the issuance of the Shares to ASCR, ASCR shall become the record and beneficial owner of 8,077 Shares of ZAP. Said Shares shall be "Restricted" subject to Rule 144.
Authorized and Outstanding Shares. As of the date hereof, the Corporation has 6,000,000 authorized common shares with no par value (the “Common Shares”), of which 4,090,432 shares are outstanding. In addition, there are 383,391 Common Shares underlying outstanding options, and underlying our Series A Convertible Preferred Stock issued on September 25, 2009 (“Series A Preferred”). We have 4,000,000 preferred shares authorized and 18,300 of these shares are outstanding and designated as Series A Preferred. The Series A Preferred is non-voting and was issued at a price of $100.00 per share. The Series A Preferred is convertible into Common Shares at a conversion price of $6.02 per share of common stock.
