Examples of Parent Series A-2 Preferred Stock in a sentence
As of the date of this Agreement and immediately after filing the Parent Restated Charter but prior to the Effective Time, there are 19,021,056 outstanding shares of Common Stock, 28,000,000 outstanding shares of Parent Series A Preferred Stock, 47,727,268 outstanding shares of Parent Series A-1 Preferred Stock and no outstanding shares of Parent Series A-2 Preferred Stock.
The parties agree that Parent shall not issue and sell shares of Parent Series A-2 Preferred Stock and Parent Series B Preferred Stock for aggregate proceeds of greater than $800 million without the prior written consent of the Stockholders’ Representative and ARCH Venture Partners.
To the Knowledge of Parent, no Person that is part of the control group (other than the Company Stockholders) for purposes of Section 368(c) of the Code has, at the Closing, a binding commitment to dispose of Parent Common Stock, Parent Series A-1 Preferred Stock, Parent Series A-2 Preferred Stock, or Parent Series B Preferred Stock.
To the Knowledge of Parent, for purposes of clause (i), no Person that is part of the control group (other than the Company Stockholders) for purposes of Section 368(c) of the Code has, at the Closing, a binding commitment to dispose of Parent Common Stock, Parent Series A-1 Preferred Stock or Parent Series A-2 Preferred Stock.
The rights, preferences, privileges and restrictions of the Parent Series A-2 Preferred Stock and Parent Common Stock are as stated in the Parent Restated Charter.