Per Share Series A-1 Merger Consideration definition

Per Share Series A-1 Merger Consideration means the portion of the Aggregate Merger Consideration payable in respect of each share of Series A-1 Preferred Stock upon a Deemed Liquidation Event under the Company’s Certificate of Incorporation.”
Per Share Series A-1 Merger Consideration means the number obtained by adding (a) the Per Share Series A-1 Liquidation Preference, plus, (b) the Per Share Residual Consideration, which such number shall not exceed $0.3858 in the aggregate.

Examples of Per Share Series A-1 Merger Consideration in a sentence

  • At the Effective Time, each share of Series A-1 Preferred issued and outstanding immediately prior to the Effective Time (other than Dissenting Shares and shares owned by the Company) shall be automatically converted into the right to receive, subject to and in accordance with Section 2.8(a), an amount of cash (without interest) equal to the Per Share Series A-1 Merger Consideration.

Related to Per Share Series A-1 Merger Consideration