Examples of Series E Preferred Shareholders in a sentence
Following the application of ASC 480 and ASC 000-00-00, the warrants issued to the Series E Preferred Shareholders (including the warrants issued with the Convertible Loan) are classified as liability.
Unless otherwise expressly agreed in writing by the Majority Series E Preferred Shareholders, neither any Founder shall, either on his own account or through any of his Affiliates or Related Party, or in conjunction with or on behalf of any other Person, carry on or be engaged, concerned or interested, directly or indirectly (whether as shareholder, director, employee, partner), in any business other than the business of the Group.
Within sixty (60) days of the Closing, the Company may issue a press release related to the Closing, disclosing that the applicable Series E Preferred Shareholders have invested in the Company provided that (a) the release does not disclose any of the Terms, (b) the press release does not disclose the amount or other specific terms of the investment, and (c) the final form of the press release is approved in advance in writing by the Series E Preferred Shareholders mentioned therein.
When, and if approved by the Majority Preferred Shareholders (including Majority Series E Preferred Shareholders), the Company shall pay dividends to all the Shareholders in proportion to the number of fully paid Shares held by such Shareholder on an as-converted basis.
Subject to the sentence below with respect to Permitted Transfers, without the prior written consent of the Majority Preferred Shareholders (including the Majority Series E Preferred Shareholders), none of the Founders shall transfer, assign, encumber or otherwise make the subject of disposition any Ordinary Shares directly or indirectly owned by them prior to the consummation of the Qualified IPO.
Such Series E Preferred Shareholders’ names and the fact that such Series E Preferred Shareholders are shareholders in the Company can be included in a reusable press release boilerplate statement, so long as each Series E Preferred Shareholder has given the Company its initial approval of such boilerplate statement and the boilerplate statement is reproduced in exactly the form in which it was approved.