Examples of Series A-3 Preferred in a sentence
The holder of Restricted Stock, Series A-1 Preferred Stock, Series A-2 Preferred Stock or Series A-3 Preferred Stock shall not effect any Transfer until such opinion of counsel or representation letter of such holder has been given to and accepted by the Corporation (unless waived by the Corporation) or, if applicable, until registration of the Registrable Shares involved in the above-mentioned request has become effective under the Securities Act.
The Series A-1 Preferred Stock, Series A-2 Preferred Stock, the Series A-3 Preferred Stock and the Restricted Stock shall not be transferable, except upon the conditions specified in this Section 3, which conditions are intended solely to ensure compliance with the provisions of the Securities Act in respect of the Transfer thereof.
In addition, no Series A-1 Preferred Stock, Series A-2 Preferred Stock, the Series A-3 Preferred Stock or Restricted Stock shall be transferred unless, as conditions precedent to such transfer, the transferee thereof agrees in writing to be bound by the obligations of the transferring Stockholder hereunder.
Whenever the restrictions imposed by this Section 3 have terminated, a holder of a certificate forRestricted Stock, Series A-1 Preferred Stock, Series A-2 Preferred Stock or Series A-3 Preferred Stock as to which such restrictions have terminated shall be entitled to receive from the Corporation, without expense, a new certificate not bearing the restrictive legend set forth in Section 3.2 hereof and not containing any other reference to the restrictions imposed by this Section 3.
The total purchase price of $5,000,000 for the Series A-3 Preferred Stock was paid from Genentech's working capital.
Under the terms of the Purchase Agreement, on March 15, 1996, Genentech purchased 22,993 shares of IDEC's Series A-3 Preferred Stock (initially convertible into 229,930 shares of IDEC Common Stock) for $217.46 per share of Series A-3 Preferred Stock.
Majority Investors shall mean the holders of a majority of the voting power of the Series A-1 Preferred Stock, Series A-2 Preferred Stock and Series A-3 Preferred Stock then outstanding, voting together as a single class, calculated in accordance with Section A.6 of Article III of the Certificate (including, in such calculation, any shares issued upon conversion of such Series A-1 Preferred Stock, Series A-2 Preferred Stock and Series A-3 Preferred Stock then outstanding).
On January 9, 2020, our Company issued the following fully paid-up Preferred Shares to LAV Brassicanapus, L.P.: 8,858,800 Series A-2 Preferred Shares, 7,300,383 Series A-3 Preferred Shares, 832,505 Series B-3 Preferred Shares and 386,726 Series B-4 Preferred Shares.
On June 20, 2019, our Company issued the following fully paid-up Preferred Shares to the following shareholders: Shareholder Preferred Shares LAV Acuity Limited 4,258,557 Series A-3 Preferred Shares 396,046 Series B-3 Preferred SharesLAV Altitude Limited 8,517,114 Series A-3 Preferred Shares 792,092 Series B-3 Preferred SharesTLS Beta Pte.
In April 2018, we issued an aggregate of 28,181,819 shares of our Series A-3 Preferred Stock to seven accredited investors at a price per share of $1.10 for aggregate proceeds of $31 million.