Examples of Company Series C-1 Preferred Stock in a sentence
Of the authorized Company Preferred Stock, (i) 10,065,999 shares are designated Company Series A-1 Preferred Stock, (ii) 13,030,570 shares are designated Company Series A-2 Preferred Stock, (iii) 27,482,730 shares are designated Company Series B Preferred Stock, (iv) 29,711,059 shares are designated Company Series C-1 Preferred Stock, and (v) 21,428,571 shares are designated Company Series C-2 Preferred Stock.
Subject to the terms and conditions of this Agreement, at the Effective Time, each share of Company Series C-1 Preferred Stock that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without the need for any further action on the part of Acquirer, Sub, Company or the holder thereof (except as expressly provided herein), be converted into and represent the right to receive the Cash Amount Per Series C-1 Share, without interest.
The ----------------------------------------- Certificate of Incorporation of the Company shall have been amended as set forth in the Voting Agreement and to eliminate all requirements that accrued but unpaid dividends on each share of Company Series B Preferred Stock, Company Series C Preferred Stock and Company Series C-1 Preferred Stock shall be payable in cash upon the liquidation, dissolution or winding up of the Company.
As of the date hereof, the outstanding shares of Company Common Stock, Company Series A Preferred Stock, Company Series B Preferred Stock, Company Series C Preferred Stock and Company Series C-1 Preferred Stock are owned as set forth in Section 3.04(a) of the Company Disclosure Schedule.
Each share of Company Series C-1 Preferred Stock is convertible into one share of Company Common Stock.
The Company Warrants to purchase 7,221,014 shares of Company Common Stock, 255,239 shares of Company Series B-1 Preferred Stock and 142,159 shares of Company Series C-1 Preferred Stock are issued and outstanding as of the date of this Agreement.
The Company Warrants to purchase 7,221,014 shares of Company Common Stock, 255,239 shares of Company Series B-1 Preferred Stock and 142,159 shares of Company Series C-1 Preferred Stock are issued and outstanding as of the Effective Date.
Each share of Company Series C-1 Preferred Stock that is issued and outstanding immediately prior to the Effective Time shall be canceled and converted into the right to receive $6.1393047 ($0.5762295 of which will be withheld to secure certain indemnification obligations pursuant to the Merger Agreement).
The conversion price of (i) Company Series B Preferred Stock is $1.024 (ii) Company Series C-1 Preferred Stock is $1.964 and (iii) Company Series D Preferred Stock is $1.634.
The Company Warrants to purchase 5,380,987 shares of Company Common Stock, 255,239 shares of Company Series B-1 Preferred Stock and 142,159 shares of Company Series C-1 Preferred Stock are issued and outstanding.