Series D-2 Preferred Shares definition
Examples of Series D-2 Preferred Shares in a sentence
In the event that the entire class of Series D-2 Preferred Shares is converted into Ordinary Shares in accordance with the terms of the Amended AOA, this Warrant shall become exercisable for Ordinary Shares.
The number of Series D-2 Preferred Shares into which this Warrant may be exercised at any time (the “Warrant Shares”) shall equal the aggregate number of Ordinary Shares of the Company, nominal value NIS 0.10 per share (the “Ordinary Shares”) into which the Base Number (as defined below) may be converted, in accordance with the Amended AOA (the “Conversion Ratio”).
Note (c): Series B Preferred Shares include Series B1 Preferred Shares, Series B2 Preferred Shares and Series B3 Preferred Shares; Series D Preferred Shares include Series D1 Preferred Shares and Series D2 Preferred Shares.
The Company intends to issue, sell and allot to the Investors, and each Investor intends to purchase from the Company, certain number of Series D1 Preferred Shares and Series D2 Preferred Shares of the Company, pursuant to the terms and subject to the conditions of this Agreement.
Holders of the Preferred Shares shall be entitled to the distributions of dividends in the following order, to each of the Series G Preferred Shares, Series F Preferred Shares, Series E2 Preferred Shares, Series E Preferred Shares, Series D2 Preferred Shares, Series D Preferred Shares, Series C Preferred Shares and Series B Preferred Shares.