Authorized Shares Capital Clause Samples

Authorized Shares Capital. A total of 1,000,000,000 authorized ordinary shares, of which 488,686,850 shares are designated as Class A Ordinary Shares, 500,000,000 shares will be designated as Class B Ordinary Shares, 3,916,393 shares are designated as Series A-1 Preference Shares and 7,396,757 shares are designated as Series A-2 Preference Shares.