Preferred Stock Conversion definition

Preferred Stock Conversion has the meaning set forth in Section 7.4.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Preferred Stock Conversion has the meaning set forth in Section 3.3(e).

Preferred Stock Conversion has the meaning specified in the Recitals hereto.

Examples of Preferred Stock Conversion in a sentence

Prior to any proposed transfer of any Preferred Stock, Conversion Shares or Restricted Stock (other than under the circumstances described in Sections 4, 5 or 6), the holder thereof shall give written notice to the Company of its intention to effect such transfer.
As long as any Holder owns Preferred Stock, Conversion Shares, Warrants or Warrant Shares, the Company covenants to timely file (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Section 13(a) or 15(d) of the Exchange Act.
Each certificate representing Preferred Stock, Conversion Shares or Restricted Stock shall, except as otherwise provided in this Section 2 or in Section 3, be stamped or otherwise imprinted with a legend substantially in the following form: "The securities represented by this certificate have not been registered under the Securities Act of 1933 or applicable state securities laws.
Holders of Company Preferred Stock shall surrender Company Stock Certificates representing the shares of Company Preferred Stock that were converted in connection with the Preferred Stock Conversion.
The Company and Parent acknowledge that, under the Nasdaq Stock Market Rules, the Parent Common Stock Payment Shares and the Parent Preferred Stock Payment Shares will not be entitled to vote on the Preferred Stock Conversion Proposal.

More Definitions of Preferred Stock Conversion

Preferred Stock Conversion has the meaning set forth in Section 2.1(a).

Preferred Stock Conversion means the conversion immediately prior to the Effective Time of all outstanding shares of Company Preferred Stock into shares of Company Common Stock in accordance with the terms of the Company Organizational Documents.

Preferred Stock Conversion means a Redemption Period Conversion pursuant to a Conversion Notice that provides for the conversion of principal into Preferred Conversion Shares (or a combination of Conversion Shares and Preferred Conversion Shares).

Preferred Stock Conversion means the conversion of all shares of Series A Non-Voting Convertible Preferred Stock into shares of Common Stock.

Preferred Stock Conversion means the conversion by the holders of Phunware’s preferred stock of all of their issued and outstanding shares of preferred stock into shares of Phunware common stock at a conversion ratio of one share of Phunware common stock for each one share of Phunware preferred stock.

Preferred Stock Conversion means the conversion of the Preferred Stock into Common Stock in accordance with the Certificate of Designations.

Preferred Stock Conversion has the meaning specified in Section 7.03(f).