Examples of Predecessor Common Stock in a sentence
Each share of Predecessor Common Stock issued and outstanding held in the Predecessor’s treasury shall be cancelled and retired.
Together with the Predecessor Common Stock, the (“Predecessor Capital Stock”).
The Reincorporation Merger Agreement was adopted by the holders of Predecessor Common Stock (as defined below) at the 2021 annual meeting of the stockholders of the Predecessor Registrant held on May 26, 2021.
Together with the Predecessor Common Stock, the ("Predecessor Capital Stock").
Each share of Predecessor Common Stock issued and outstanding held in the Predecessor's treasury shall be cancelled and retired.
Upon completion of the Merger, NWLI, a Delaware corporation, replaced the Predecessor Registrant, a Colorado corporation, as the publicly held corporation, and the holders of Predecessor Common Stock now hold the same number of shares and same ownership percentage of NWLI as they held of the Predecessor Registrant immediately prior to the Merger.
Upon completion of the Reorganization, Ascena, a Delaware corporation, replaced the Predecessor Registrant, a Connecticut corporation, as the publicly held corporation, and the holders of Predecessor Common Stock now hold the same number of shares and same ownership percentage of Ascena as they held of the Predecessor Registrant immediately prior to the Reorganization.
In addition, each outstanding option to purchase or other right to acquire shares of Predecessor Common Stock was automatically converted into an option to purchase or right to acquire, upon the same terms and conditions, an identical number of shares of Ascena Common Stock.
Five year historical data is not presented since we emerged from bankruptcy on December 10, 2009 and the stock perform- ance of Successor Common Stock is not comparable to the performance of Predecessor Common Stock.
At the Effective Time, each share of common stock, par value $0.01, of the Predecessor (“Predecessor Common Stock”) issued and outstanding immediately prior to the Reorganization automatically converted into one share of Common Stock having the same designations, rights, powers and preferences and the same qualifications, limitations and restrictions as the corresponding share of Predecessor Common Stock being converted.