Common use of No Issuance of Fractional Shares Clause in Contracts

No Issuance of Fractional Shares. No certificates or scrip representing fractional shares of Purchaser Class B Common Stock will be issued pursuant to the Transactions, and instead any such fractional share that would otherwise be issued will be rounded to the nearest whole share.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (RumbleOn, Inc.), Plan of Merger and Equity Purchase Agreement (RumbleON, Inc.)

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No Issuance of Fractional Shares. No certificates or scrip representing fractional shares of Purchaser Class B Common Stock will be issued pursuant to the TransactionsAcquisition, and instead any such fractional share that would otherwise be issued will be rounded to the nearest whole share.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Opes Acquisition Corp.)

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No Issuance of Fractional Shares. No certificates or scrip representing fractional shares of Purchaser Class B Common Stock or Purchaser Preferred Stock will be issued pursuant to the TransactionsMerger, and instead any such fractional share that would otherwise be issued will be rounded to the nearest whole share.

Appears in 1 contract

Samples: Merger Agreement (Hudson Capital Inc.)

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