Authorized Shares Amendment definition

Authorized Shares Amendment means the amendment of the Articles of Incorporation to increase the number of authorized shares of Common Stock to 150,000,000 shares.
Sample 1Sample 2Sample 3
Authorized Shares Amendment means the amendment of the Articles of Incorporation to increase the number of authorized shares of Common Stock to permit the issuance of Common Stock in connection with the exchange of all outstanding shares of Series A Participating Preferred Stock at the time of such amendment into Common Stock.
Sample 1Sample 2Sample 3
Authorized Shares Amendment has the meaning set forth in Section 4.2(l).
Sample 1Sample 2Sample 3

Examples of Authorized Shares Amendment in a sentence

  • On the date that is 15 days following the receipt of the Requisite Shareholder Approval and the Authorized Shares Amendment each outstanding share of Series B Participating Preferred Stock shall automatically be exchanged into a number of newly issued shares of Common Stock equal to the Participation Factor, as may be adjusted pursuant to Section 7 (such automatic exchange pursuant to this Section 6(a), the “Mandatory Exchange”).

  • Stock issuable upon exercise of options that will vest on September 30, 2020, which options are not exercisable unless and until the Authorized Shares Amendment Proposal is approved by our Stockholders and we have filed the corresponding Certificate of Amendment to our Existing Charter.

  • The Board of Directors recommends that you vote: Proposal 1: FOR the Exchange Cap Proposal;Proposal 2: FOR the Authorized Shares Amendment; Proposal 3: FOR the Adjournment Proposal; 2022 Virtual Special Stockholder Meeting The Board of Directors has determined to hold the Special Meeting virtually to facilitate stockholder attendance and participation by stockholders from all locations at no cost.

  • As and solely to the extent required by applicable law, as promptly as possible following the effective date of the termination of registration of the Common Stock under Section 12(g) of the Exchange Act, Holdings shall seek the adoption and approval of its stockholders, by written consent or by vote taken at a duly called meeting of stockholders, of the Series A Amendment, the Authorized Shares Amendment and, if applicable, the other transactions contemplated by the Restructuring.

  • Approval ofthe Exchange Cap Proposal and the Adjournment Proposal will require the affirmative vote of the majority of the total votes cast on such proposal.Approval of the Authorized Shares Amendment will require the affirmative vote of the holders of at least 662⁄3% of outstanding shares of our common stock as of the Record Date.

  • Nevertheless, aspects of the Authorized Shares Amendment and the alterations and changes it made on New Spire’s capital structure and the lack of developed case law related to Section 242(b)(2) create doubt as to whether the shareholder vote approving the amendment fully satisfied DGCL Section 242(b)(2).

  • The issuance of the Exchange Notes, the Bridge Note, the Consideration Shares and the Closing of the transactions contemplated by this Agreement is subject to Stockholder Approval and the filing of the Authorized Shares Amendment.

  • Promptly and not later than three Business Days following obtaining the Authorized Shares Shareholder Approval, the Company shall file the Authorized Shares Amendment with the Secretary of State of Delaware.

  • Poorer Varushkans use practical and hard wearing materials like wool, felt, heavy cotton, leather - but the fabric is less important than the decoration.


More Definitions of Authorized Shares Amendment

Authorized Shares Amendment means an amendment to the Parent’s Articles of Incorporation, pursuant to which the number of shares of common stock which Parent is authorized to issue is increased from 10,000,000 to 25,000,000.
Sample 1Sample 2
Authorized Shares Amendment means the amendment of the Articles of Incorporation to increase the number of authorized shares of Common Stock to 300,000,000 shares.
Sample 1
Authorized Shares Amendment shall have meaning ascribed to such term in Section 4.14.
Sample 1
Authorized Shares Amendment means the amendment approved by the Compensation Committee of the Board on September 4, 2015 to increase the number of shares of Common Stock authorized to be issued pursuant to the Plan from 1,000,000 to 2,000,000, as reflected in Section 4.
Sample 1

Related to Authorized Shares Amendment

  • Authorized shares means the shares of all classes a domestic or foreign corporation is authorized to issue.

  • Authorized Share Approval means approval of the Amendment by the shareholders of the Company.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Conversion Shares Registration Statement means a registration statement that registers the resale of all Conversion Shares of the Holders, who shall be named as “selling stockholders” therein and meets the requirements of the Registration Rights Agreement.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Fully Diluted Share Number means the aggregate sum of: (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time; (ii) the number of shares of Company Common Stock issuable upon the voluntary conversion of all of the shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time into Company Common Stock and (iii) the number of shares of Company Common Stock issuable upon exercise of all Stock Options.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Dilutive Issuance Notice shall have the meaning set forth in Section 5(b).

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.