Preferred Shares definition
Examples of Preferred Shares in a sentence
No additional legal opinion, other information or instructions shall be required of the Purchasers to convert their Series B Preferred Shares.
None of the outstanding ordinary shares of the Company has been (and, after giving effect to the Domestication, none of the outstanding Preferred Shares will be) issued in violation of any applicable securities laws.
Without limiting the preceding sentences, no ink-original Notice of Conversion shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Conversion form be required in order to convert the Series B Preferred Shares.
The form of Notice of Conversion, annexed hereto as Exhibit A, sets forth the totality of the procedures required of the Purchasers in order to convert the Series B Preferred Shares.
There are no securities or instruments issued by or to which the Company is a party containing anti-dilution or similar provisions that will be triggered by the issuance of (i) the Shares or (ii) the Preferred Shares to be issued pursuant to any Other Subscription Agreement, in each case, that have not been or will not be validly waived on or prior to the Closing Date.