Examples of Series B1 Preferred Shares in a sentence
The Company defines capital as Common and Series A1 and Series B1 Preferred Shares as recognized in the financial statements.
The terms and provisions of this Agreement are intended solely for the benefit of each party hereto and their respective successors or permitted assigns, and except as provided in Sections 6.06, 6.07 and 6.08 (which are intended to be for the benefit of the persons entitled to therein, and may be enforced by any of such persons), it is not the intention of the parties to confer third-party beneficiary rights upon any other person.
On March 7, 2019, the holders of the Series B1 warrants to subscribe for Series B1 Preferred Shares agreed that 50% of the warrants would be exercised in conjunction with the IPO and 50% of the warrants would expire.
Ordinary Shares 38,838,395 24.15 % Series A-1 Preferred Shares 2,011,090 1.25 % Series B-1 Preferred Shares 3,173,447 1.97 % Walnut Street Management, Ltd.
Ordinary Shares 38,838,395 20.10 % Series A-1 Preferred Shares 2,011,090 1.04 % Series B-1 Preferred Shares 3,173,447 1.64 % Walnut Street Management, Ltd.
The issuance of the Series B Preferred Shares and the Series B-1 Preferred Shares and the transactions contemplated by the Transaction Documents will be in compliance with the New York Stock Exchange’s shareholder approval policy and the exception under Para.
The “Applicable Conversion Price” for the relevant series of Series Preferred Shares shall initially be equal to (a) the Series A Original Issue Price, in the case of shares of Series A Preferred Shares, (b) the Series B-1 Original Issue Price, in the case of shares of Series B-1 Preferred Shares, and (c) the Series B-2 Original Issue Price, in the case of shares of Series B-2 Preferred Shares.
Series A-2 Preferred Shares 178,814,840 3.55 % Series B-1 Preferred Shares 63,468,940 1.26 % Series B-3 Preferred Shares 126,937,860 2.52 % Series C-2 Preferred Shares 23,029,240 0.46 % Lightspeed China Partners II, LP.
No holder of Series B-1 Preferred Shares shall be entitled to any preemptive rights to subscribe for or acquire any unissued Shares (whether now or hereafter authorized) or securities of the Company convertible, including securities into or carrying a right to subscribe to or acquire Shares.
Class B Ordinary Shares Series A-1 Preferred Shares Series B-1 Preferred Shares 776,767,900 40,221,800 63,468,940 15.43 0.80 1.26 % % % Walnut Street Management, Ltd.