Examples of Parent Class A Preferred Stock in a sentence
Each holder of Company Series A Preferred Stock shall receive, in consideration for every 131 shares of Company Series A Preferred Stock, 1 share of Parent Class A Preferred Stock.
Each holder of Company Series A Preferred Stock shall receive, in consideration for every [ ] shares of Company Series A Preferred Stock, 1 share of Parent Class A Preferred Stock.
Each holder of Company Series A Preferred Stock shall receive, in consideration for every 273.5 shares of Company Series A Preferred Stock, 1 share of Parent Class A Preferred Stock.
Parent agrees that it will cause the Parent Common Stock and Parent Class A Preferred Stock to be issued to the Company at the Effective Time pursuant to Section 1.5(a)(ii) to be available for such purpose.
The shares of Parent Common Stock and Parent Class A Preferred Stock to be issued at the Closing pursuant to Section 1.5(a)(ii) hereof, when issued and delivered in accordance with the terms hereof and of the Certificate of Merger, shall be duly and validly issued, fully paid and nonassessable.
The authorized capital stock of the Parent consists of 2,000,000,000 shares of the Parent Stock, 4,000,000 shares of Class A preferred stock, no-par value per share (the "Parent Class A Preferred") and 10,000,000 shares of the preferred stock, no-par per share (the "Parent Preferred" and together with the Parent Class A Preferred Stock the "Parent Preferred Stock").
At the Closing, Parent shall present for delivery to each Stockholder the certificate representing the Parent Class A Preferred Stock and Parent Common Stock to be issued pursuant to Section 1.5(a)(ii) hereof to them pursuant to Sections 1.6 and 4 hereof.
The issuance of the Parent Common Stock and Parent Class A Preferred Stock upon the Merger pursuant to Section 1.5(a)(ii) will be exempt from the registration and prospectus delivery requirements of the Securities Act under Section 4(2) and from the qualification or registration requirements of any applicable state blue sky or securities laws.
The authorized capital stock of Parent, as of the August 6, 2021, consists of (a) 200,000,000 shares of Parent Common Stock, par value $0.00001 (“Parent Common Stock”), of which 44,093,276 are issued and outstanding; and (b) 10,000 shares of Parent Class A Preferred Stock, par value $0.00001 (“Parent Class A Preferred Stock”), of which -0- are issued and outstanding.