Examples of Pubco Common Stock in a sentence
Subject to and upon the terms and conditions of this Agreement, Pubco shall issue and deliver to the shareholders of the Company an aggregate number of shares of Pubco Common Stock (the “Share Consideration”) with an aggregate value equal to (i) One Hundred Million U.S. Dollars ($100,000,000) plus the Closing Cash, minus (ii) the Net Working Capital and minus (iii) the Closing Debt, with each share of Pubco Common Stock valued at $10.00.
Each certificate formerly representing Purchaser Rights shall thereafter represent only the right to receive Pubco Common Stock as set forth herein.
At the Second Effective Time, each issued and outstanding Purchaser Right shall be automatically converted into one-eighth of one share of Pubco Common Stock provided that no fractional shares of Pubco Common Stock will be issued.
At the First Effective Time, each issued and outstanding share of DE- Purchaser Common Stock shall be converted automatically into one share of Pubco Common Stock, following which, all shares of Purchaser Common Stock shall cease to be outstanding and shall automatically be canceled and shall cease to exist.
The Pubco Common Stock shall have been approved for listing on Nasdaq, subject to official notice of issuance.