Examples of Series A3 Shares in a sentence
If on the Series A-3 Redemption Closing Date, the number of Redeemed Series A-3 Shares that could be legally redeemed by the Company in light of the assets and funds available to the Company or otherwise is less than the number of such Redeemed Series A-3 Shares requested to be redeemed on that day pursuant to this Article 8.5, then the remaining Redeemed Series A-3 Shares which shall have been redeemed shall be carried forward and redeemed as soon as the Company has legally available funds to do so.
For those transactions that the Company re-designated the shares purchased from Series A-1 and Series A-2 investors by the Series A-3 Investor to Series A-3 Shares, the Company recorded the excess of the purchase prices over the aggregate fair values of Series A-1 and Series A-2 Shares as deemed dividend to Series A-1 and A-2 investors in accumulated deficit on the dates of the purchases.
The Series A3 Shares shall be considered “Shares” and “Series A Shares” for the purposes of the Original Articles Supplementary.
Number of Series A-3 Shares: 160,000 Purchase Price: $ 40,000 --------------------------------------- Name: Xxxxxxx X.
Number of Series A-3 Shares: 200,000 Purchase Price: $ 50,000 _____________________________________ Name: Xxxxxxx X.
Number of Series A-3 Shares: 800,000 Purchase Price: $ 200,000 ____________________________ Name: Xxxxxxx X.
These transactions were arranged together for achieving the issuance of Series A-3 Shares and are therefore considered as connected transactions and treated as a package deal.PLUSAI CORPNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS(Amounts expressed in US$, except for share, unless otherwise stated)10.
After giving effect to the classification of the Additional Shares set forth herein, the total number of (i) Series A1 Shares that the Corporation has authority to issue is 72,000,000, (ii) Series A3 Shares that the Corporation has authority to issue is 72,000,000, (iii) Series M1 Shares that the Corporation has authority to issue is 72,000,000, (iv) Series M2 Shares that the Corporation has authority to issue is 72,000,000 and (v) Series M3 Shares that the Corporation has authority to issue is 72,000,000.
After giving effect to the classification of the Additional Shares set forth herein, the total number of (i) Series A1 Shares that the Corporation has authority to issue is 80,000,000, (ii) Series A3 Shares that the Corporation has authority to issue is 80,000,000, (iii) Series M1 Shares that the Corporation has authority to issue is 80,000,000, (iv) Series M2 Shares that the Corporation has authority to issue is 80,000,000 and (v) Series M3 Shares that the Corporation has authority to issue is 80,000,000.
The Series A3 Shares and the Series M3 Shares shall have the preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications and terms and conditions of redemption of a series of Convertible Preferred Stock, as set forth in the Articles Supplementary establishing the Convertible Preferred Stock, filed with, and accepted for record by, the SDAT on August 3, 2020 (the “Original Articles Supplementary”), except as set forth herein.