Share Issuance Proposal definition
Examples of Share Issuance Proposal in a sentence
Proposal to approve any motion to adjourn the Recursion Special Meeting to another time or place, if necessary or appropriate, including to solicit additional proxies if there are insufficient votes at the time of the Recursion Special Meeting to approve the Recursion Share Issuance Proposal.
The Recursion Board unanimously recommends that the Recursion stockholders vote “FOR” the Recursion Share Issuance Proposal and “FOR” the Recursion Adjournment Proposal at the Recursion Special Meeting.
Recursion currently expects that Recursion directors and executive officers will vote their shares in favor of the Recursion Share Issuance Proposal and the Recursion Adjournment Proposal.
The approval of the Recursion Share Issuance Proposal is required for Recursion to issue shares in connection with the Transaction.
Assuming a quorum is present at the Recursion Special Meeting, the affirmative vote of a majority of the voting power of the shares of Recursion cast affirmatively or negatively at the Recursion Special Meeting will be necessary to approve both the Recursion Share Issuance Proposal and the Recursion Adjournment Proposal.