Effect of Mergers on Issued and Outstanding Securities of Pubco. At the Effective Time, by virtue of the Mergers and without any action on the part of any Party or the holders of securities of any Purchaser Party or the Company, all of the shares of Pubco issued and outstanding immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Integrated Wellness Acquisition Corp), Agreement and Plan of Merger (Americas Technology Acquisition Corp.), Agreement and Plan of Merger (Benessere Capital Acquisition Corp.)
Effect of Mergers on Issued and Outstanding Securities of Pubco. At the Effective Time, by virtue of the Mergers Merger and without any action on the part of any Party or the holders of securities of any Purchaser Party or the CompanyParty, all of the shares of Pubco issued and outstanding immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Relativity Acquisition Corp)
Effect of Mergers on Issued and Outstanding Securities of Pubco. At the Effective Time, by virtue of the Mergers and without any action on the part of any Party or the holders of securities of any Purchaser Party or the Company, all of the shares of capital stock of Pubco issued and outstanding immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Mars Acquisition Corp.)
