Company Capital Structure. (a) The authorized Company Capital Stock consists solely of (i) 625,914,013 shares of Company Common Stock, and (ii) 424,085,987 shares of Company Preferred Stock, 13,720,471 shares of which are designated as Company Series A Preferred Stock, 23,463,163 shares of which are designated as Company Series B Preferred Stock, 25,697,502 shares of which are designated as Company Series C Preferred Stock, 122,513,148 shares of which are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 shares of Company Common Stock, 13,720,471 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued and outstanding as of the Agreement Date. There are no other issued and outstanding shares of Company Capital Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common Stock. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents or any Contract to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is bound.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Docusign Inc)
Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 105,000,000 shares of Company Common Stock, and (ii) 424,085,987 shares of Company Preferred Stock, 13,720,471 shares of which are designated as Company Series A Preferred Stock, 23,463,163 2,597,626 shares of which are designated as Company Series B Preferred Stock, 25,697,502 shares of which are designated as Company Series C Preferred Stock, 122,513,148 shares of which are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 shares of Company Common Stock, 13,720,471 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued and outstanding as of the Agreement Date. There are no other issued and outstanding shares of Company Capital Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholderdate hereof, (ii) 3,037,000 shares of Series 1 Preferred Stock, of which 3,036,995 shares are issued and outstanding as of the applicable stock certificate number(s) representing such sharesdate hereof, (iii) the extent to 1,282,532 shares of Series A Preferred Stock, of which the 1,276,811 shares are Company Restricted Stockissued and outstanding as of the date hereof, (iv) whether any 7,324,664 shares of such Series B Preferred Stock, of which 7,324,659 shares are or were eligible for an election under Section 83(b) issued and outstanding as of the Codedate hereof, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any 14,774,288 shares of such Series C Preferred Stock, of which 14,774,285 shares were are issued upon the “early exercise” of a Company Option that was granted so and outstanding as to qualify as an “incentive stock option” as defined in Section 422 of the Codedate hereof, (vi) 29,454,170 shares of Series D Preferred Stock, of which 28,798,211 shares are issued and outstanding as of the date hereof and (vii) 17,816,420 shares of Series E Preferred Stock, of which 17,816,420 shares are issued and outstanding as of the date hereof. Each share of Company Series 1 Preferred Stock, Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock is convertible on a one-share one for one-share one basis into Company Common Stock. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-non assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents Documents, or any Contract agreement to which the Company is a party or by which the Company or any of its assets it is bound. The There are no outstanding shares of Company has never Capital Stock that constitute unvested restricted stock or that are otherwise subject to a repurchase or redemption right. There are no declared or paid any accrued but unpaid dividends on with respect to any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act has no other capital stock authorized, issued or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is boundoutstanding.
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Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 100,000,000 shares of Company Common Stock, and (ii) 424,085,987 shares of Company Preferred Stock, 13,720,471 shares of which are designated as Company Series A Preferred Stock, 23,463,163 7,249,020 shares of which are designated as Company Series B Preferred Stock, 25,697,502 shares of which are designated as Company Series C Preferred Stock, 122,513,148 shares of which are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 shares of Company Common Stock, 13,720,471 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued and outstanding as of the Agreement Date. There date hereof, and 87,276,219 shares of Preferred, of which 3,000,000 shares have been designated Series A Preferred Stock, 4,946,000 shares have been designated Series B Preferred Stock, 9,139,485 shares have been designated Series C Preferred Stock, 7,838,085 shares have been designated Series D Preferred Stock, 14,417,093 shares have been designated Series E Preferred Stock, 35,000,000 shares have been designated Series F Preferred Stock, 1,000,000 shares have been designated Series G Preferred Stock, 8,428,935 shares have been designated Series H Preferred Stock, 6,621 shares have been designated Series H-1 Preferred Stock, and 3,500,000 shares have been designated Series I Preferred Stock, of which 3,000,000, 4,946,000, 9,139,485, 7,838,085, 12,700,370, 34,681,280, 935,616, 5,845,938, no and 2,449,407 shares are no other issued and outstanding shares as of the date hereof, respectively. The Company Capital Common Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to Preferred is held by the exercise of Company Options persons and in the amounts set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(cin Section ------- 2.2(a) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common StockSchedule. All issued and outstanding shares of Company Capital ------ Common Stock and Preferred are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents articles of incorporation or bylaws of the Company, and were issued free of any Contract similar rights under any agreement to which the Company is a party or by which the Company or any of its assets it is bound, and have been issued in compliance with federal and state securities laws. There are no declared or accrued but unpaid dividends with respect to any shares of Company Common Stock or Preferred. The Company has never declared no other capital stock authorized, issued or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is boundoutstanding.
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Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 88,439,121 shares of Company Common Stock, of which 12,794,687 shares are issued and outstanding on the date hereof, (ii) 424,085,987 8,110,301 shares of Company Series Seed Preferred Stock, 13,720,471 shares all of which are designated as Company issued and outstanding on the date hereof, (iii) 20,364,825 shares of Series A Preferred Stock, 23,463,163 shares all of which are designated as Company issued and outstanding on the date hereof, (iv) 4,339,542 shares of Series A-1 Preferred Stock, of which 4,339,467 shares are issued and outstanding on the date hereof, (v) 20,110,667 shares of Series B Preferred Stock, 25,697,502 of which 13,689,709 shares are issued and outstanding on the date hereof, (vi) 8,882,430 shares of Series B-1 Preferred Stock, of which 8,866,678 shares are issued and outstanding on the date hereof, and (vii) 4,598,479 Series C Preferred Stock of the Company, all of which are designated as Company issued and outstanding on the date hereof having been issued immediately prior to the Closing pursuant to the terms of the Advance Investment Agreement (the shares of Series Seed Preferred Stock, Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series B-1 Preferred Stock and Series C Preferred Stock, 122,513,148 shares of which are designated as collectively, the “Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock”). A total of 50,556,675 shares of Company Common Stock, 13,720,471 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued and outstanding as As of the Agreement Date. There are no other issued and outstanding shares of date hereof, the Company Capital Stock is held by the Persons and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to in the exercise of Company Options amounts set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(cin Section 2.5(a) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) Person the number of shares held and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance class and/or series of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common Stock. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents or any Contract to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is boundassessable.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Otonomo Technologies Ltd.)
Company Capital Structure. (a) The As of the date hereof, the authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 37,000,000 shares of Company Common Stock, $0.001 par value per share (the “Company Common Stock”) and (ii) 424,085,987 19,959,218 shares of Company Preferred Stock, 13,720,471 shares $0.001 par value per share, of which are (A) 4,347,825 shares have been designated as Company Series Seed Preferred Stock (the “Series Seed Preferred Stock”), (B) 6,123,727 shares have been designated as Series A Preferred Stock (the “Series A Preferred Stock”), 23,463,163 and (C) 9,487,666 shares of which are have been designated as Company Series B Preferred Stock (the “Series B Preferred Stock”). As of the date hereof, 25,697,502 shares of which are designated as Company Series C Preferred Stock, 122,513,148 shares of which are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 8,338,237 shares of Company Common StockStock are issued and outstanding, 13,720,471 4,347,825 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Seed Preferred Stock are issued and outstanding as outstanding, 6,123,727 shares of the Agreement Date. There Series A Preferred Stock are no other issued and outstanding outstanding; and 9,487,666 shares of Company Capital Series B Preferred Stock are issued and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Codeoutstanding. Each share of Company Preferred Stock is convertible on a one-share for share-for-one-share basis into Company Common Stock. As of the date hereof, the Company Capital Stock is held by the Persons and in the amounts set forth in Section 2.5(a) of the Disclosure Schedule which further sets forth for each such Person the number of shares held of each series of Company Capital Stock, class and/or series of such shares and the number of the applicable stock certificate representing such shares. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents Documents, or any Contract agreement to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets it is bound.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (FireEye, Inc.)
Company Capital Structure. (a) The authorized Company Capital Stock consists solely of (i) 625,914,013 71,000,000 shares of authorized Company Common Stock, with a par value of $0.001 per share, and (ii) 424,085,987 52,271,751 shares of Company Preferred Stock, 13,720,471 shares with a par value of $0.001 per share, 236,842 of which shares are designated as Company Series A Preferred Stock, 23,463,163 shares 2,475,000 of which shares are designated as Company Series B Preferred Stock, 25,697,502 shares 4,212,475 of which shares are designated as Company Series C Preferred Stock, 122,513,148 shares 13,913,803 of which shares are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares 7,399,443 of which shares are designated as Company Series D-2 Preferred Stock, 49,676,938 shares 21,434,188 of which shares are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock, and 2,600,000 of which shares are designated Series F Preferred Stock. A total of 50,556,675 7,649,612 shares of Company Common Stock, 13,720,471 236,842 shares of Company Series A Preferred Stock, 23,463,163 2,475,000 shares of Company Series B Preferred Stock, 25,697,502 3,908,794 shares of Company Series C Preferred Stock, 100,682,655 13,913,803 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 7,399,443 shares of Company Series D-2 Preferred Stock, 49,676,938 21,367,520 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 E Preferred Stock, and 76,360,000 1,515,775 shares of Company Series E F Preferred Stock are issued and outstanding as of the Agreement Date. There are no other issued and outstanding shares of Company Capital Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Codethis Agreement. Each share of Company Series A Preferred Stock, each share of Company Series B Preferred Stock, each share of Company Series C Preferred Stock, each share of Company Series D-1 Preferred Stock, each share of Company Series D-2 Preferred Stock, and each share of Company Series F Preferred Stock is convertible on a one-share for one-share basis into 1.0 shares of Company Common Stock. All issued and outstanding shares Each share of Company Capital Series E Preferred Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents or any Contract to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is boundconvertible into 1.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Xcarenet Inc)
Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 105,400,000 shares of Company Common Stock, of which 2,716,067 shares are issued and (ii) 424,085,987 outstanding on the date hereof; 71,508,604 shares of Company Preferred Stock, 13,720,471 of which: 500,000 shares are designated Company Series S Preferred Stock, of which 500,000 shares are issued and outstanding on the date hereof; 4,687,500 shares are designated as Company Series A Preferred Stock, 23,463,163 shares of which 4,687,500 shares are issued and outstanding on the date hereof; 6,250,000 shares are designated as Company Series B Preferred Stock, 25,697,502 shares of which 6,250,000 shares are issued and outstanding on the date hereof; 25,916,528 shares are designated as Company Series C Preferred Stock, 122,513,148 shares of which 22,456,174 shares are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, issued and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 shares of Company Common Stock, 13,720,471 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 outstanding on the date hereof; and 34,154,576 shares of Company Series D Preferred Stock, 29,922,692 of which 33,798,800 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued and outstanding as of the Agreement Date. There are no other issued and outstanding shares of Company Capital Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Codehereof. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into that number of shares of Company Common StockStock set forth in Section 2.5(a)(i) of the Disclosure Schedule. All issued As of the date hereof, the Company Capital Stock is held by the Persons and in the amounts set forth in Section 2.5(a)(ii) of the Disclosure Schedule which further sets forth for each such Person the number of shares held, class and/or series of such shares, the number of the applicable stock certificates representing such shares and the domicile addresses of record of such Persons. Except as set forth in Section 2.5(a) (iii) of the Disclosure Schedule, all outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents Documents, or any Contract agreement to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets it is bound.
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Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 51,000,000 shares of Company Common Stock, and (ii) 424,085,987 32,182,830 shares of Company Preferred StockPreferred. Of the authorized Company Preferred, 13,720,471 371,034 shares of which are have been designated as Company Series A Preferred Stock, 23,463,163 shares of which are designated as Company Series B Preferred Stock, 25,697,502 ; 2,277,189 shares of which are have been designated as Company Series C Preferred Stock, 122,513,148 ; 2,967,704 shares of which are have been designated as Company Series D Preferred Stock, 53,008,969 ; 275,043 shares of which are have been designated as Company Series D-1 Preferred Stock, 22,786,036 ; 5,627,109 shares of which are have been designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock; 3,664,751 shares have been designated Series E-1 Preferred Stock; 16,500,000 shares have been designated Series F Preferred Stock; and 500,000 shares have been designated Series F-1 Preferred Stock. A total As of 50,556,675 the date of this Agreement, the Company has issued and outstanding 2,246,748 shares of Company Common Stock, 13,720,471 Common; 359,968 shares of Company Series A Preferred Stock, 23,463,163 B Preferred; 2,176,187 shares of Company Series B Preferred Stock, 25,697,502 C Preferred; 2,967,704 shares of Company Series C Preferred Stock, 100,682,655 D Preferred; no shares of Company Series D Preferred Stock, 29,922,692 D-1 Preferred; 5,408,568 shares of Company Series D-1 Preferred Stock, 22,786,036 E Preferred; 3,552,083 shares of Company Series D-2 Preferred Stock, 49,676,938 E-1 Preferred; 10,230,098 shares of Company Series D-3 Preferred Stock, 27,959,760 F Preferred; and 437,783 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued and outstanding F-1 Preferred. Except as of the Agreement Date. There are no other issued and outstanding shares of Company Capital Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c3.2(a) of the Company Disclosure Letter. The Schedule, which sets forth the number of shares exercisable under each Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company StockholdersWarrant, and which further sets forth for each such Person: (i) the number and type acquisition date of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) Warrant and the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) identity of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common Stock. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statuteholder thereof, the Charter Documents Company has neither any Company Warrants outstanding nor any obligation or any Contract to which the issue any Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is boundWarrant.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Mindspeed Technologies, Inc)
Company Capital Structure. (a) The As of the date hereof, the authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 40,265,971 shares of Company Common Stock, $0.00001 par value per share, of which (A) 39,691,471 shares have been designated as Voting Common Stock (“Voting Common Stock”) and (B) 574,500 shares have been designated as Nonvoting Common Stock (“Non-Voting Common Stock”) and (ii) 424,085,987 22,824,178 shares of Company Preferred Stock, 13,720,471 shares $0.00001 par value per share, of which are (A) 3,535,008 shares have been designated as Company Series Seed Preferred Stock (the “Series Seed Preferred Stock”), (B) 10,602,131 shares have been designated as Series A Preferred Stock (the “Series A Preferred Stock”), 23,463,163 (C) 8,112,539 shares have been designated as Series B‑1 Preferred Stock (the “Series B‑1 Preferred Stock”) and (D) 574,500 shares have been designated as Series B‑2 Preferred Stock (the “Series B‑2 Preferred Stock”). As of the date hereof, 8,830,703 shares of which Voting Common Stock are designated as Company Series B Preferred Stockissued and outstanding, 25,697,502 no shares of which Non-Voting Common Stock are designated as Company Series C Preferred Stockissued and outstanding, 122,513,148 3,535,008 shares of which are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 shares of Company Common Stock, 13,720,471 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Seed Preferred Stock are issued and outstanding as outstanding, 10,602,131 shares of the Agreement Date. There Series A Preferred Stock are no other issued and outstanding outstanding; 7,906,260 shares of Company Capital Series B‑1 Preferred Stock are issued and no commitments or Contracts to issue any outstanding, and 206,279 shares of Company Capital Series B‑2 Preferred Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, are issued and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Codeoutstanding. Each share of Company Preferred Stock is convertible on a one-share for share-for-one-share basis into Company Common Stock. As of the date hereof, the Company Capital Stock is held by the Persons and in the amounts set forth in Section 2.5(a) of the Disclosure Schedule which further sets forth for each such Person the number of shares held of each series of Company Capital Stock, class and/or series of such shares and the number of the applicable stock certificate representing such shares. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents Documents, or any Contract agreement to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets it is bound.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (FireEye, Inc.)
Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 107,846,856 shares of Company Common Stock, Stock and (ii) 424,085,987 95,716,476 shares of Company Preferred Stock, 13,720,471 shares of which 4,808,936 shares are designated as Company “Series A A-1 Convertible Preferred Stock, 23,463,163 ,” 7,965,020 shares of which are designated as Company “Series B B-1 Convertible Preferred Stock, 25,697,502 ,” 9,842,219 shares of which are designated as Company “Series C C-1 Convertible Preferred Stock, 122,513,148 ,” 25,253,418 shares of which are designated as Company “Series D D-1 Convertible Preferred Stock, 53,008,969 ,” 4,808,936 shares of which are designated as Company “Series D-1 A-2 Convertible Preferred Stock, 22,786,036 ,” 7,942,283 shares of which are designated as Company “Series B-2 Convertible Preferred Stock,” 9,842,219 shares are designated “Series C-2 Convertible Preferred Stock,” and 25,253,418 shares are designated “Series D-2 Convertible Preferred Stock.” At the close of business on the date of this Agreement, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 (i) 1,688,509 shares of Company Common Stock, 13,720,471 Stock were issued and outstanding and (ii) no shares of Company Series A Preferred StockCommon Stock were held in treasury by the Company. At the close of business on the date of this Agreement, 23,463,163 925,361 shares of Company Series B A-1 Convertible Preferred StockStock were issued and outstanding, 25,697,502 209,835 shares of Company Series C B-1 Convertible Preferred StockStock were issued and outstanding, 100,682,655 no shares of Company Series D C-1 Convertible Preferred StockStock were issued and outstanding, 29,922,692 4,755,172 shares of Company Series D-1 Convertible Preferred StockStock were issued and outstanding, 22,786,036 3,883,575 shares of Company Series A-2 Convertible Preferred Stock were issued and outstanding, 7,732,448 shares of Series B-2 Convertible Preferred Stock were issued and outstanding, 9,842,219 shares of Series C-2 Convertible Preferred Stock were issued and outstanding, and 20,498,246 shares of Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Convertible Preferred Stock are were issued and outstanding as outstanding. The Company Capital Stock is held by the Stockholders in the amounts set forth in Section 2.2(a)(i) of the Agreement DateDisclosure Schedule. There are no other issued and All outstanding shares of Company Capital Stock and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letter, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common Stock. All issued and all outstanding shares of Company Capital Stock Subsidiary Equity Interests are duly authorized, validly issued, fully paid and non-non assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents or the applicable governing documents of any Contract Subsidiary of the Company, or any agreement to which the Company or any Subsidiary of the Company is a party or by which it is bound. No shares of the Company Capital Stock or Subsidiary Equity Interests are subject to any Lien suffered or permitted by the Company or any of the Company’s Subsidiaries. Other than as contemplated herein, the Company and its assets is boundSubsidiaries have not suffered or incurred any liability (contingent or otherwise) or claim, loss, liability, damage, deficiency, cost or expense which has not been paid or satisfied prior to the date hereof relating to or arising out of the issuance or repurchase of any Company Capital Stock or Subsidiary Equity Interests or options or warrants to purchase Company Capital Stock or Subsidiary Equity Interests, or out of any agreements or arrangements relating thereto (including any amendment of the terms of any such agreement or arrangement). The No Stockholder has exercised any right of redemption, if any, and the Company has never not received notice that any Stockholder intends to exercise such rights. Except as set forth in Section 2.2(a)(ii) of the Disclosure Schedule, there are no declared or paid any accrued but unpaid dividends on with respect to any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets is bound.
Appears in 1 contract
Company Capital Structure. (a) The authorized Company Capital Stock consists solely of (i) 625,914,013 38,500,000 shares of Company Common Stock, of which 3,736,485 shares of Company Common Stock are issued and (ii) 424,085,987 outstanding as of the date hereof, and 18,998,389 shares of Company Preferred Stock, 13,720,471 of which (i) 11,363,661 shares of which Company Preferred Stock are designated as Company Series A A-1 Preferred Stock, 23,463,163 shares of which are designated as Company Series B Preferred Stock, 25,697,502 shares of which are designated as Company Series C Preferred Stock, 122,513,148 shares of which are designated as Company Series D Preferred Stock, 53,008,969 shares of which are designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock. A total of 50,556,675 shares of Company Common Stock, 13,720,471 11,363,661 shares of Company Series A Preferred Stock, 23,463,163 shares of Company Series B Preferred Stock, 25,697,502 shares of Company Series C Preferred Stock, 100,682,655 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E A-1 Preferred Stock are issued and outstanding as of the Agreement Date. There date hereof, (ii) 512,901 shares of Company Preferred Stock are no other designated as Company Series A-2.1 Preferred Stock, of which 512,901 shares of Company Series A-2.1 Preferred Stock are issued and outstanding as of the date hereof, (iii) 1 share of Company Preferred Stock is designated as Company Series A-2.2 Preferred Stock, and 1 share of Company Series A-2.2 Preferred Stock is issued and outstanding as of the date hereof, (iv) 27,557 shares of Company Capital Preferred Stock and no commitments or Contracts to issue any are designated as Company Series A-3 Preferred Stock, of which 27,557 shares of Company Capital Series A-3 Preferred Stock other than pursuant to are issued and outstanding as of the exercise date hereof, (v) 21,275 shares of Company Options set forth on Schedule 3.5(b)-1 Preferred Stock are designated as Company Series A-4 Preferred Stock, of which 21,275 shares of Company Series A-4 Preferred Stock are issued and outstanding as of the date hereof, (vi) 99 shares of Company Preferred Stock are designated as Company Series A-5 Preferred Stock, of which 99 shares of Company Series A-5 Preferred Stock are issued and outstanding as of the date hereof, (vii) 479,436 shares of Company Preferred Stock are designated as Company Series A-6 Preferred Stock, of which 444,944 shares of Company Series A-6 Preferred Stock are issued and outstanding as of the date hereof, (viii) 5,121,952 shares of Company Preferred Stock are designated as Company Series B-1 Preferred Stock, of which 5,121,952 shares of Company Series B-1 Preferred Stock are issued and outstanding as of the date hereof, and (ix) 1,471,507 shares of Company Preferred Stock are designated as Company Series C-1 Preferred Stock, of which 1,459,586 shares of Company Series C-1 Preferred Stock are issued and outstanding as of the date hereof. As of the date hereof, the capitalization of the Company Disclosure Letter, and the Company Warrants is as set forth on Schedule 3.5(cin Section 3.2(a) of the Company Disclosure LetterSchedule. The Company holds no treasury shares. Schedule 3.5(aCapital Stock is held by the persons with the domicile addresses and in the amounts set forth in Section 3.2(a) of the Company Disclosure Letter sets forth, as of the Agreement Date a true, correct and complete list of the Company Stockholders, and Schedule which further sets forth for each such Person: (i) person the number and type of shares held, class and/or series of such shares and the number of Company Capital Stock so owned by each such Company Stockholder, (ii) the applicable stock certificate number(s) certificates representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common Stock. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, other than any restrictions pursuant not subject to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statuteLaw, the Charter Documents Documents, or any Contract agreement to which the Company is a party or by which the Company or any of its assets is bound. The Company has never declared or paid any dividends on any shares of Company Capital Stock. There is no Liability for dividends accrued and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All issued and outstanding shares of Company Capital Stock and all Company Options and Company Warrants were issued in compliance with Law and all requirements set forth in the Charter Documents and any applicable Contracts to which the Company is a party or by which the Company or any of its assets it is bound.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Harmonic Inc)
Company Capital Structure. (a) The authorized capital stock of the Company Capital Stock consists solely of (i) 625,914,013 50,000,000 shares of Company Common Stock, and (ii) 424,085,987 18,126,650 shares of Company Preferred StockPreferred, 13,720,471 shares of which are 3,055,000 shares have been designated as Company Series A Preferred Stock, 23,463,163 shares ; of which are 1,976,469 shares have been designated as Company Series B Preferred Stock, 25,697,502 shares ; of which are 2,055,760 shares have been designated as Company Series C Preferred Stock, 122,513,148 shares ; of which are 1,187,575 shares have been designated as Company Series D Preferred Stock, 53,008,969 shares ; of which are 2,051,846 shares have been designated as Company Series D-1 Preferred Stock, 22,786,036 shares of which are designated as Company Series D-2 Preferred Stock, 49,676,938 shares of which are designated as Company Series D-3 Preferred Stock, 30,719,760 shares of which are designated as Company Series D-4 Preferred stock, and 82,500,000 shares of which are designated as Company Series E Preferred Stock; and of which 7,800,000 shares have been designated Series F Preferred Stock. A total As of 50,556,675 the date of this Agreement, the Company has issued and outstanding 10,536,685 shares of Company Common StockCommon, 13,720,471 3,055,000 shares of Company Series A Preferred StockPreferred, 23,463,163 1,976,469 shares of Company Series B Preferred StockPreferred, 25,697,502 1,954,937 shares of Series C Preferred, 1,187,575 shares of Series D Preferred, 2,031,846 shares of Series E Preferred, and 7,751,937 shares of Series F Preferred. In addition, 71,666 shares of the Company Common are reserved for issuance upon the exercise of outstanding warrants to purchase Company Common; 100,823 shares of Series C Preferred Stock, 100,682,655 are reserved for issuance upon the exercise of outstanding warrants to purchase Series C Preferred; 20,000 shares of Company Series D Preferred Stock, 29,922,692 shares of Company Series D-1 Preferred Stock, 22,786,036 shares of Company Series D-2 Preferred Stock, 49,676,938 shares of Company Series D-3 Preferred Stock, 27,959,760 shares of Company Series D-4 Preferred Stock, and 76,360,000 shares of Company Series E Preferred Stock are issued reserved for issuance upon the exercise of outstanding warrants to purchase Series E Preferred; and 47,000 shares of Series F Preferred are reserved for issuance upon the exercise of outstanding as of warrants to purchase Series F Preferred (each individually, a "WARRANT" and collectively, the Agreement Date"WARRANTS"). There are no other issued and All outstanding shares of Company Capital Stock are, and no commitments or Contracts to issue any shares of Company Capital Stock other than pursuant to the issuable upon exercise of Company Options set forth on Schedule 3.5(b)-1 of the Company Disclosure Letterany outstanding options, and the Company Warrants set forth on Schedule 3.5(c) of the Company Disclosure Letter. The Company holds no treasury shares. Schedule 3.5(a) of the Company Disclosure Letter sets forthwarrants, as of the Agreement Date a trueconversion rights, correct and complete list of the Company Stockholdersor other rights, and which further sets forth for each such Person: (i) the number and type of such shares of Company Capital Stock so owned by each such Company Stockholderwill be, (ii) the applicable stock certificate number(s) representing such shares, (iii) the extent to which the shares are Company Restricted Stock, (iv) whether any of such shares are or were eligible for an election under Section 83(b) of the Code, including the date of issuance of such shares, and, to the Company’s Knowledge, whether such election under Section 83(b) of the Code was timely made, and (v) whether any of such shares were issued upon the “early exercise” of a Company Option that was granted so as to qualify as an “incentive stock option” as defined in Section 422 of the Code. Each share of Company Preferred Stock is convertible on a one-share for one-share basis into Company Common Stock. All issued and outstanding shares of Company Capital Stock are duly authorized, validly issued, fully paid paid, and non-assessable and are free of not subject to any Encumbrances, other than any restrictions pursuant to federal or state securities Laws outstanding subscriptions, preemptive rights or “put” or “call” rights created by statute, the Charter Documents Restated Certificate, or any Contract agreement to which the Company is a party or by which the Company or any of its assets is bound. The All outstanding Company has never declared or paid any dividends on any Capital Stock and all other outstanding securities of the Company have been issued in compliance with all applicable federal and state securities laws. Each outstanding share of Company Preferred is currently convertible into the number of shares of Company Capital StockCommon set forth in Schedule 2.2. There is no Liability for dividends accrued Schedule 2.2(a) sets forth a complete and unpaid by the Company. The Company is not under any obligation to register under the Securities Act or any other Law any shares accurate list of Company Capital Stock, any Equity Interests or any other securities of the Company, whether currently outstanding or that may subsequently be issued. No Company Stockholder that is a limited partnership or a limited liability company has any limited partners or members who are employees of Parent. All all issued and outstanding shares of Company Capital Stock and each outstanding Warrant, identifying the name and last known address of the registered holder thereof and the acquisition date. Of the outstanding shares of Company Common, 3,408,765 shares constitute Company Restricted Stock that are subject to a right of repurchase or other risk of forfeiture. Schedule 2.2(a) separately identifies all outstanding Company Options Common that is Company Restricted Stock, describes the applicable vesting terms, specifies the number of shares vested as of the date of this Agreement, and Company Warrants were issued in compliance with Law and all requirements set forth in indicates the Charter Documents and any applicable Contracts extent, if any, to which the Company is a party repurchase option or similar vesting term will be accelerated by which the Company or any of its assets is boundtransactions contemplated by this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Peregrine Systems Inc)