Examples of IPO Issuer in a sentence
The training environments provide a safe way for customers to test creating, approving, and receiving transactions in the system.
Sentence [1] provides that in connection with any Qualified IPO, the outstanding Membership Interests must be exchanged for or converted into equity securities of the IPO Issuer of the same class or series as the securities of the IPO Issuer proposed to be offered to the public in the Qualified IPO.
Nothing in the IPO Facilitation Clause or the Entity Formation Clause establishes any requirements for the contents of the governing documents of the entities that EnCap forms.Although the Caiman LLC Agreement contemplates that either Caiman II or Blue Racer could serve as the IPO Issuer, in which case the IPO Issuer s governing documents would contain a Purpose Clause, the IPO Issuer can be another entity that is an Affiliate of Caiman II.
In the Up-C IPO that EnCap is seeking to implement, the membership interests in or assets of Caiman II are not being transferred to the IPO Issuer, and Caiman II is not merging or consolidating with the IPO Issuer.
Under the Same Security Requirement, the members must receive the same type of equity that the IPO Issuer s public investors receive.