Examples of Company Series F Preferred Stock in a sentence
Pursuant to the terms of the Merger, shares of Company Common Stock and Company Series F Preferred Stock will be converted into shares of Parent Common Stock and cash on the basis described in the Merger Agreement.
By: Name: Title: By: Name: Title: By: Name: Title: By: Name: Title: [Signature Page to Company Support Agreement] Stockholder Number of Shares of Company Common Stock Number of Shares of Company Series F Preferred Stock Address for Notices Exxxxxxxx X.
Each share of Company Series A Preferred Stock, each share of Company Series B Preferred Stock, each share of Company Series C Preferred Stock, each share of Company Series D-1 Preferred Stock, each share of Company Series D-2 Preferred Stock, and each share of Company Series F Preferred Stock is convertible into 1.0 shares of Company Common Stock.
In connection therewith, the Company shall use its reasonable best efforts to ensure compliance with such exemption, including without limitation, delivering executed shareholder Investment Representation Statements from each holder of Company Series F Preferred Stock.
Each share of the Company's Series F Preferred Stock, $0.001 par value (the "Company Series F Preferred Stock"), issued and outstanding immediately prior to the Effective Time will be canceled and extinguished and be converted automatically into the right to receive the number of Parent Common Shares to which such share of Company Series F Preferred Stock is entitled under Section 3(d) below.
Each share of Series F Convertible Preferred Stock of the Company (the “Company Series F Preferred Stock”) outstanding immediately prior to the Effective Time shall be automatically converted (without the surrender of stock certificates or any other action) into one fully paid and non-assessable share of Series F Convertible Preferred Stock of Newco (the “Newco Series F Preferred Stock”), and all Company Series F Preferred Stock shall be automatically cancelled and retired and shall cease to exist.
Each outstanding share of Company Series F Preferred Stock is convertible into one (1) share of Company Common Stock.
October 16, 2023 Page 2 Based upon the foregoing, and subject to the qualifications, assumptions and limitations stated herein and having regard for such legal considerations as we have deemed relevant, we are of the opinion that the shares of Company Common Stock and Company Series F Preferred Stock to be issued pursuant to the Merger Agreement will be, upon issuance by the Company in accordance with the Merger Agreement, legally issued, fully paid and non‑assessable.
The Merger Consideration delivered upon the surrender of any shares of Company Series F Preferred Stock in accordance with Section 3(f) below shall be deemed to have been delivered in full satisfaction of all rights pertaining to such shares of Company Series F Preferred Stock.
September 29, 2023 Page 2 Based upon the foregoing, and subject to the qualifications, assumptions and limitations stated herein and having regard for such legal considerations as we have deemed relevant, we are of the opinion that the shares of Company Common Stock and Company Series F Preferred Stock to be issued pursuant to the Merger Agreement will be, upon issuance by the Company in accordance with the Merger Agreement, legally issued, fully paid and non‑assessable.