Examples of Class A Restricted Voting Shares in a sentence
Following closing of the Qualifying Transaction, the Corporation will not issue any Class A Restricted Voting Shares.
Prior to any Qualifying Acquisition, the Class A Restricted Voting Shares may only be redeemed upon certain events.
The holders of Class A Restricted Voting Shares have no pre-emptive rights or other subscription rights and there are no sinking fund provisions applicable to these shares.
The Sponsor owns 9,000,000 Class B Shares (also referred to as “Founder’s Shares”), representing a 100% interest in the Class B Shares and approximately 20% of the total Class A Restricted Voting Shares and Class B Shares.
Class A Restricted Voting Shares will be redeemable for a pro-rata portion of the amount then held in the escrow account, net of taxes payable and other prescribed amounts.The sponsor of BCAC is Bespoke Sponsor Capital LP (the “Sponsor”).