Examples of Company Series 1 Preferred Stock in a sentence
As of the date hereof, the aggregate number of Company Common Stock issuable upon conversion of the issued and outstanding shares of Company Series 1 Preferred Stock is 1,111,111.
Immediately prior to the Effective Time, for each 9.308 shares of Company Series 1 Preferred Stock held by a Company Stockholder, such Company Stockholder shall receive one share of Company Common Stock.
The holders of the Company Series 1 Preferred Stock shall have converted or shall have caused the conversion of the Company Series 1 Preferred Stock prior to the Effective Time into shares of the Company Common Stock in accordance with the terms and conditions of the Company Charter.
A total of 29,448,514 shares of Company Series 1 Preferred Stock, 10,267,139 shares of Company Series 2 Preferred Stock, 8,120,113 shares of Company Series 2-A Preferred Stock, 24,320,311 shares of Company Series 3 Preferred Stock and 7,177,921 shares of Company Special Junior Preferred Stock, are issued and outstanding as of the Agreement Date.
The authorized capital stock of Company consists solely of 150,000,000 shares of Company Common Stock and 117,180,000 shares of Company Preferred Stock, consisting of 36,000,000 shares designated as Company Series 1 Preferred Stock, 25,000,000 shares designated as Company Series 2 Preferred Stock, 19,000,000 shares designated as Company Series 2-A Preferred Stock, 30,000,000 shares designated as Company Series 3 Preferred Stock, and 7,180,000 shares designated as Company Special Junior Preferred Stock.
The authorized capital stock of the Company consists solely of 105,555,495 shares of Company Common Stock and 94,999,939 shares of Company Series 1 Preferred Stock.
As of the date of this Agreement, (A) no shares of Company Series A Preferred Stock are issued and outstanding, (B) no shares of Company Series B Preferred Stock are issued and outstanding, (C) no shares of Company Series C Preferred Stock are issued and outstanding, (D) no shares of Company Series D Preferred Stock are issued and outstanding, and (E) no shares of Company Series 1 Preferred Stock are issued and outstanding.
A total of 2,168,105 shares of Company Common Stock, 12,710,693 shares of Company Series 1 Preferred Stock and 12,509,387 shares of Company Series 2 Preferred Stock are issued and outstanding as of the Agreement Date, and there are no other issued and outstanding shares of Company Capital Stock, other than pursuant to the exercise of Company Options under the Company Option Plan and Company Warrants, in each case that are outstanding as of the Agreement Date.
The affirmative vote or consent of (i) the holders of a majority of the outstanding shares of Company Capital Stock, voting-together as a single class; and (ii) the holders of 60% of the outstanding shares of Company Series 1 Preferred Stock voting as a separate class (collectively, the “Stockholder Approvals”), are the only votes or consents of the holders of any class or series of the Company Capital Stock necessary to adopt this Agreement.
Each Company Stockholder holding 9.308 shares of Company Series 1 Preferred Stock has the right to receive one share of Company Common Stock upon conversion thereof.