Capital Stock of First Merger Sub. Each share of capital stock of First Merger Sub issued and outstanding immediately prior to the First Effective Time shall be converted automatically into and become one validly issued, fully paid and non-assessable share of common stock, par value $0.001 per share, of the First-Step Surviving Corporation and collectively shall constitute the only outstanding shares of capital stock of the First-Step Surviving Corporation immediately following the First Merger and each stock certificate of First Merger Sub evidencing ownership of any such shares shall evidence ownership of such shares of common stock of the First-Step Surviving Corporation.
Appears in 6 contracts
Samples: Agreement and Plan of Merger and Reorganization (ACELYRIN, Inc.), Agreement and Plan of Merger (Humbl, Inc.), Agreement and Plan of Merger (Humbl, Inc.)
