Convertible Securities definition
Examples of Convertible Securities in a sentence
The Company has furnished to the Buyers true, correct and complete copies of the Company’s Certificate of Incorporation, as amended, and as in effect on the date hereof and each Closing Date (the “Certificate of Incorporation”), the Company’s amended and restated bylaws (the “Bylaws”), and as in effect on the date hereof and each Closing Date, and the terms of all Convertible Securities and the material rights of the holders thereof in respect thereto.
As of the date of this Agreement and as of the Initial Closing, the authorized capital stock of the Company consists of 150,000,000 shares of Common Stock, of which, 73,701,176 are issued and outstanding; 0 shares of preferred stock, par value $0.0001 per share, of which, none are issued and outstanding; and 18,000,000 shares of Common Stock are reserved for issuance pursuant to Convertible Securities (as defined below) exercisable or exchangeable for, or convertible into, shares of Common Stock.
In case the Maker shall take record of the holders of its Common Stock for the purpose of entitling them to subscribe for or purchase shares of Common Stock or Convertible Securities, then the date of the issue or sale of the shares of Common Stock shall be deemed to be such record date.
The Company has furnished to the Holder true, correct and complete copies of the Company’s Certificate of Incorporation, as amended and as in effect on the date hereof (the “Certificate of Incorporation”), and the Company’s by-laws, as amended and as in effect on the date hereof (the “Bylaws”), and the terms of all Convertible Securities and the material rights of the holders thereof in respect thereto.