Examples of New Parent Warrants in a sentence
In connection therewith, Parent shall be entitled to affix appropriate legends to the certificates representing the shares of Parent Common Stock and the New Parent Warrants issued in connection with the Merger.
Shares of Parent Common Stock and the New Parent Warrants shall also be subject to the restrictions on transfer, sale and other disposition as set forth in the by-laws of Parent and in such agreements as may exist between Parent and its stockholders.
The articling period was to be 12 months commencing July 26, 2016.
The shares of Parent Common Stock and the New Parent Warrants to be issued by Parent in connection with the Merger may not be transferred or resold thereafter, except in compliance with the terms of this Agreement and the other Ancillary Documents and following registration under the Securities Act or in reliance on an exemption from registration under the Securities Act.
From and after the Effective Time, Parent shall have and make available a sufficient amount of cash and a sufficient number of shares of Parent Common Stock and New Parent Warrants for exchange in accordance with the terms and conditions of this Agreement.
New Parent Common Stock and New Parent Warrants are expected to trade under the symbols “ARKO” and “ARKOW,” respectively, following the consummation of the Business Combination.This proxy statement/prospectus and its annexes contain important information about the proposed Business Combination and the proposals to be acted upon at the special meeting.
Parent shall take such actions as are necessary to allow holders of Parent Warrants and New Parent Warrants to exercise the Parent Warrants and the New Parent Warrants at all times following the Closing Date on a cashless basis using the formula described in Section 3.3.1 of the Warrant Deed for the Parent Warrants.
Prior to the effective date of the Registration Statement, Parent shall take all or any action required under any applicable federal or state securities laws in connection with the issuance of shares of Parent Common Stock and New Parent Warrants, in each case to be issued or issuable to the stockholders of the Company (including the holders of Company Preferred Stock issued pursuant to the Net Exercise) pursuant to this Agreement.
As of the Closing, 9,000,000 shares of Parent Common Stock will be reserved for future issuance pursuant to the New Parent Warrants.
Prior to the Closing, Parent shall take all such steps as may be required (to the extent permitted under applicable Law and no-action letters issued by the SEC) to cause any acquisition of Parent Common Stock and New Parent Warrants by each individual who is or will be subject to the reporting requirements of Section 16(a) of the Exchange Act with respect to Parent, to be exempt under Rule 16b-3 under the Exchange Act.