FRANCHISE GROUP, INC., a Delaware corporation (the “Company”), proposes to issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”) 2,976,191 shares of its 7.50% Series A Cumulative Perpetual Preferred Stock, par...Underwriting Agreement • January 15th, 2021 • Franchise Group, Inc. • Patent owners & lessors • New York
Liquidation Preference: The liquidation preference of each share of Series A Preferred Stock is $25.00. Upon liquidation, holders of Series A Preferred Stock will be entitled to receive the liquidation preference with respect to their shares of Series A Preferred Stock plus an amount equal to accumulated but unpaid dividends with respect to such shares.
