Pubco Series A Preferred Stock definition

Pubco Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of Pubco.

Pubco Series A Preferred Stock means a series of Pubco Preferred Stock that shall be substantially identical to the Series A Preferred Stock of Vensure and otherwise reasonably acceptable to FNDM.

Examples of Pubco Series A Preferred Stock in a sentence

• In lieu of any fractional shares of Pubco Common Stock or Pubco Series A Preferred Stock that any Contributor would otherwise be entitled to receive, such Contributor shall be paid cash in an amount equal to the product of (1) the number of fractional shares of Pubco Common Stock or Pubco Series A Preferred Stock, as applicable, which such Contributor would otherwise be entitled to receive, multiplied by (2) $8.00.

• The following consideration shall be payable to the Contributors as a result of the Contribution: (i) 3,327,833 shares of Pubco Common Stock (the “Aggregate Common Stock Consideration”); and (ii) 1,672,036 shares of Pubco Series A Preferred Stock (the “Aggregate Preferred Stock Consideration” and, together with the Aggregate Common Stock Consideration, the “Aggregate Contribution Consideration”).

• Each Person who would otherwise be entitled to receive a fraction of a share of Pubco Series A Preferred Stock (after aggregating all fractional shares of Pubco Series A Preferred Stock that otherwise would be received by such holder) shall receive, in lieu of such fractional share, one (1) share of Pubco Series A Preferred Stock.

• All references to adjustments that could be made to the number of shares of Common Stock issuable upon the exercise of each Warrant (as a result of split-ups, extraordinary dividends and/or the aggregation of shares) in the Existing Warrant Agreement (including all Exhibits thereto) shall be references to adjustments that could be made to both the number of shares of Pubco Class A Common Stock and the number of shares of Pubco Series A Preferred Stock issuable upon exercise of each Pubco Warrant.

• One Warrant Share shall be equal to 0.580454 shares of Pubco Class A Common Stock and 0.5 shares of Pubco Series A Preferred Stock, subject to adjustment as described herein and in the Existing Warrant Agreement.