Examples of Stock Issuance Proposal in a sentence
The approval of the Stock Issuance Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a majority of the ordinary shares represented in person or by proxy and entitled to vote thereon and who vote at the extraordinary general meeting.
The Consolidated Stock Issuance Proposal and the Consolidated Adjournment Proposal are considered "non- routine" matters.
The vote required for each of (i) the Consolidated Stock Issuance Proposal and (ii) the Consolidated Adjournment Proposal is the approval of a majority of the votes present, in person or by proxy, and entitled to vote on the matter.
However, the Era Board’s recommendation that Era stockholders vote ‘‘FOR’’ the Stock Issuance Proposal, and the Xxxxxxx Board’s recommendation that holders of Xxxxxxx Common Stock and Xxxxxxx Preferred Stock ‘‘CONSENT’’ to the Xxxxxxx Merger Proposal, are made as of the date of this joint proxy and consent solicitation statement/prospectus.
Incentive Plan Proposal Assuming the BCA Proposal, the Domestication Proposal, the Organizational Documents Proposals, the Director Election Proposal and the Stock Issuance Proposal are approved, SCH’s shareholders are also being asked to approve by ordinary resolution the 2021 Plan, in order to comply with NYSE Listing Rule 312.03(a) and the Internal Revenue Code.