Common Stock Exchange Ratio definition

Common Stock Exchange Ratio means the quotient obtained by dividing (x) the Aggregate Share Number by (y) the Aggregate Common Number.

Common Stock Exchange Ratio has the meaning assigned in Section 3.1(c).

Common Stock Exchange Ratio means the ratio of conversion of Company Common Stock into Acquiror Common Stock pursuant to the Merger as provided in Section 3.01(a).

Examples of Common Stock Exchange Ratio in a sentence

• Conversion of the RSAs Each of the Legacy TOI RSAs, from the Plan that was outstanding immediately prior to the Business Combination, whether vested or unvested, was converted into an RSU equal to the product (rounded down to the nearest whole number) of (i) the number of shares of RSAs immediately prior to the Business Combination, (ii) conversion rate of 1:10 of the Series A Preferred Shares of Legacy TOI, and (iii) the Common Stock Exchange Ratio.

• All stock option activity was retroactively restated to reflect the Exchanged Options.As of the Closing Date, the 11,850 Stock Options outstanding under the 2019 Plan were converted into 6,925,219 Exchanged Options after effect of the Common Stock Exchange Ratio.

• This effect of the Common Stock Exchange Ratio has been retroactively adjusted throughout our condensed consolidated financial statements.

• Negative or flagged results on the background check will result in ineligibility to participate in clinical until which time the matter may be investigated or resolved.

• Each share of Common Stock shall be converted into, and become exchangeable for, a fraction of a share of Parent Common Stock determined pursuant to the Common Stock Exchange Ratio (as defined below).

More Definitions of Common Stock Exchange Ratio

Common Stock Exchange Ratio means the quotient obtained by dividing (x) the Aggregate Common Stock Merger Consideration (as defined below) by (y) the number of Fully-Diluted Legacy Nuburu Shares (as defined below). The “Aggregate Common Stock Merger Consideration” means a number of shares of Common Stock equal to (a) 35,000,000 less (b) the aggregate number of Common Stock issuable in respect of Unconverted Preferred Stock pursuant to the Business Combination Agreement. “Fully-Diluted Legacy Nuburu Shares” means an amount equal to, without duplication, (i) the aggregate number of shares of Legacy Nuburu Capital Stock (as defined in the Business Combination Agreement) that were issued and outstanding as of immediately prior to the Effective Time on a fully-diluted, as converted-to Legacy Nuburu Common Stock basis, plus (ii) the aggregate number of shares of Legacy Nuburu Common Stock issuable upon the full exercise, exchange or conversion of Legacy Nuburu Warrants, Legacy Nuburu Options, Legacy Nuburu RSUs and Legacy Nuburu Notes that were outstanding as of immediately prior to the Effective Time; provided, however, that “Fully-Diluted Shares” shall exclude (A) all Unconverted Preferred Stock and (B) certain equity set forth in the schedules to the Business Combination Agreement.

Common Stock Exchange Ratio means the quotient obtained by dividing (x) the Aggregate Common Stock Merger Consideration by (y) the number of Fully-Diluted Company Shares. The “Aggregate Common Stock Merger Consideration” means a number of shares of Common Stock equal to

Common Stock Exchange Ratio shall have the meaning specified in Section 2.06(c)(i).

Common Stock Exchange Ratio has the meaning ascribed to it in SECTION 1.6.

Common Stock Exchange Ratio means the result obtained by dividing (i) the number of Common Merger Shares, by (ii) the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time.

Common Stock Exchange Ratio means the quotient (rounded to six decimals) of (i) the Distribution Common Stock Portion divided by (ii) the number of shares of SpinCo Common Stock outstanding immediately prior to the Effective Time.

Common Stock Exchange Ratio shall have meaning ascribed thereto in Section 2.01(c)(i);