Examples of IPO Common Stock in a sentence
Upon the closing of the IPO, the proceeds held in the Escrow Account shall be immediately deposited in the trust account at JPMorgan Chase Bank, N.A. established by the Company for the benefit of its public stockholders of the IPO Common Stock as described in the Registration Statement.
Less than 10% of the holders of the outstanding shares of SPAH IPO Common Stock shall have voted against the Merger and exercised their Conversion Rights.
Less than 20% of the holders of the outstanding shares of CBAC IPO Common Stock shall have voted against the Merger and exercised their Conversion Rights, if applicable.
Common Stock or any shares of IPO Common Stock issuable upon exercise of the Founder’s Warrants or any Options, warrants or other securities convertible into or exercisable or exchangeable for shares of IPO Corp.
Less than 20% of the holders of the outstanding shares of CBAC IPO Common Stock shall have voted against the Merger and exercised their Conversion Rights.
Upon the filing and effectiveness of this Restated Certificate with the Secretary of State of the State of Delaware (the “Effective Time”), each share of IPO Common Stock (as defined the Corporation’s Second Amended and Restated Certificate of Incorporation) issued and outstanding or held in treasury immediately prior to the Effective Time shall be automatically reclassified into one share of Common Stock without any further action by the Corporation or the holder of any such share.
The various provisions set forth herein for the benefit of the holders of the shares of Class A Common Stock and/or shares of Class L Common Stock, as applicable, (or IPO Common Stock, if applicable) shall be deemed contract rights enforceable by them, including, without limitation, one or more actions for specific performance.
The shares of Common Stock to be outstanding after giving effect to the sale of the shares of IPO Common Stock to be sold in the Concurrent Offering are referred to herein as the “Stock”.
The amount deemed distributed to the holders of Class A Common Stock and, if applicable, holders of shares of Class L Common Stock (or, if applicable, IPO Common Stock) upon any such transaction shall be the cash or the value of the property, rights or securities distributed to such holders by the Corporation or the acquiring person, firm or other entity, as applicable.
Following the conversion of shares of Class A Common Stock into shares of IPO Common Stock pursuant to Section 4(b) below, the holders of outstanding shares of IPO Common Stock shall, voting together as a single class, be entitled to elect all of the Directors of the Corporation.