Acquirer Stock definition

Acquirer Stock means the 18,998,211 (post-reverse stock split on a basis of one (1) new share for each five (5) old shares, which is to be completed prior to Closing) shares of common stock of the Acquirer to be issued and delivered to the Vendors on a pro rata basis as the Consideration for the Company Stock;

Acquirer Stock has the meaning set forth within the definition of Qualified Sale of the Corporation.

Acquirer Stock means, as defined in the Acquirer Restated Charter, the Acquisition Stock of Acquirer.

Examples of Acquirer Stock in a sentence

• In lieu of any fractional shares of Acquirer Common Stock to which any Converting Holder would otherwise be entitled (after aggregating, for each particular stock certificate representing Company Capital Stock, all fractional shares of Acquirer Common Stock to be received by such holder), such Converting Holder shall receive from Acquirer an amount in cash (rounded to the nearest whole cent) equal to the product of (i) such fraction and (ii) the Acquirer Stock Price.

• Promptly following the Effective Time, Acquirer shall issue stock certificates representing the Acquirer Stock to the holders of the Interests that were converted by virtue of the Merger.

• Except for the Acquirer Stock and except as set out in this Agreement, there are no outstanding options, warrants, subscriptions, conversion rights, or other rights, agreements, or commitments obligating the Acquirer to issue any additional shares of common stock of the Acquirer, or any other securities convertible into, exchangeable for, or evidencing the right to subscribe for or acquire from the Acquirer any shares of common stock of the Acquirer.

• At the Effective Time, the Acquirer Stock issued in connection with the Merger will be duly authorized and validly issued and fully paid and nonassessable, subject to an effective registration statement with the SEC, freely tradeable without any restrictions, and not subject to any preemptive rights to subscribe for or purchase securities.

• The Vendors acknowledge that the Acquirer has advised the Vendors that it is issuing the Acquirer Stock to the Vendors under exemptions from the prospectus and registration requirements of Applicable Securities Laws and, as a consequence, certain protections, rights and remedies provided by Applicable Securities Laws, including statutory rights of rescission or damages, will not be available to the Vendors.

More Definitions of Acquirer Stock

Acquirer Stock means the publicly traded common stock of Acquirer, par value of $0.001 per share.

Acquirer Stock means the 12,000,000 shares of common stock of the Acquirer to be issued and delivered to the Vendors on a pro rata basis as the Consideration for the Company Stock;

Acquirer Stock means shares of Acquirer’s common stock, par value $0.001 per share. “Acquirer Stock Plans” means 2020 Incentive Award Plan.

Acquirer Stock means the Acquirer Common Stock and the Acquirer Preferred Stock.

Acquirer Stock means shares of Class A common stock, par value $0.0001 per share,of Acquirer.

Acquirer Stock means shares of Acquirer’s common stock, par value $0.001 per share.

Acquirer Stock means the 24,000,000 shares of common stock of the Acquirer to be issued and delivered to the Vendors on a pro rata basis in Consideration for the Company Stock, representing 53.4% of the total issued and outstanding shares of common stock of the Acquirer post-Closing and subsequent to the concurrent cancellation of 24,000,000 shares by the Acquirer’s current officer and director;