Examples of Class A Shares in a sentence
Company shall further require its Transfer Agent to hold the Class A Shares reserved pursuant to the Share Reserve exclusively for the benefit of Investor and to issue such shares to Investor promptly upon Investor’s delivery of a Conversion Notice (as defined in the Certificate of Designations) under the Certificate of Designations.
The Company shall not deregister the Class A Shares under the Exchange Act without the prior written consent of the Underwriters, such consent not to be unreasonably withheld.
The Company hereby agrees to issue to the Representative (and/or its designees) on the Closing Date, and each Option Closing Date, a warrant to purchase such number of Class A Shares equal to 5.0% of the number of Shares purchased on such Closing Date or Option Closing Date, as the case may be.
Vstock Transfer LLC is acceptable to the Representative to act as Transfer Agent for the Class A Shares.
On the date hereof, Company will reserve 2,000,000 Class A Shares from its authorized and unissued Class A Shares to provide for all issuances of Class A Shares pursuant to conversions of the Preferred Shares (the “Share Reserve”).