Conversion of Merger Sub Shares. Each issued and outstanding share of common stock of Merger Sub shall be converted into and thereafter represent the corresponding number of shares of common stock of the Surviving Corporation so that all issued and outstanding shares of common stock of the Surviving Corporation are owned by Purchaser immediately following the Closing.
Appears in 3 contracts
Samples: Acquisition Agreement and Plan of Merger (Sunset Brands Inc), Acquisition Agreement and Plan of Merger (Ibf Vi Guaranteed Income Fund), Acquisition Agreement and Plan of Merger (Sunset Brands Inc)
Conversion of Merger Sub Shares. Each issued and outstanding share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and thereafter represent the corresponding number of shares one (1) fully-paid share of common stock of the Surviving Corporation so that all issued and shall constitute the only outstanding shares of common capital stock of the Surviving Corporation are owned by Purchaser immediately following the ClosingCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Proficient Auto Logistics, Inc), Agreement and Plan of Merger (Proficient Auto Logistics, Inc)
Conversion of Merger Sub Shares. Each issued and outstanding share of common stock of Merger Sub shall be converted into and thereafter represent the corresponding number of shares of common stock of the Surviving Corporation so that all issued and outstanding shares of common stock of the Surviving Corporation are owned by Purchaser Parent immediately following the Closing.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Sun Healthcare Group Inc)
