Common use of Conversion of Merger Sub Shares Clause in Contracts

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 (Sunset Brands Inc), Acquisition Agreement (Ibf Vi Guaranteed Income Fund), Acquisition Agreement (Sunset Brands Inc)

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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: Merger Agreement (Proficient Auto Logistics, Inc), Merger Agreement (Proficient Auto Logistics, Inc)

Conversion of Merger Sub Shares. Each share of Common Stock of Merger Sub issued and outstanding share of common stock of Merger Sub immediately prior to the Effective Time shall be converted into and thereafter represent the corresponding number one share of shares of common stock 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 ClosingCorporation.

Appears in 1 contract

Samples: Merger Agreement (Eastside Distilling, Inc.)

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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: Merger Agreement (Sun Healthcare Group Inc)

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