Status of Converted or Redeemed Series A Preferred. If any shares of Series A Preferred shall be converted, redeemed or reacquired by the Corporation, such shares shall resume the status of authorized but unissued shares of preferred stock and shall no longer be designated as Series A Preferred.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Asta Holdings, Corp.), Merger and Share Exchange Agreement (Asta Holdings, Corp.), Merger and Share Exchange Agreement (Asta Holdings, Corp.)
Status of Converted or Redeemed Series A Preferred. Shares of Series A Preferred may only be issued pursuant to the Share Exchange Agreement. If any shares of Series A Preferred shall be converted, redeemed or reacquired by the Corporation, such shares shall resume the status of authorized but unissued shares of preferred stock Series A Preferred and shall no longer be designated as Series A Preferred.
Appears in 1 contract
Samples: Share Exchange Agreement (Sibling Group Holdings, Inc.)
