Voting Common Stock definition
Examples of Voting Common Stock in a sentence
However, upon an Initial Public Offering (IPO) or in the future, the Company retains the sole discretion to exchange shares of Non-Voting Common Stock to shares of Voting Common Stock.
The Company has taken no action as of the date of this Agreement that is designed to terminate the registration of the Voting Common Stock under the Exchange Act.
Subject to the terms and conditions set forth in this Agreement, at the Closing, the Company shall issue and sell to each Purchaser, and each Purchaser shall purchase from the Company, the Pre-Funded Warrants to purchase up to such number of Voting Common Stock as set forth on such Purchaser’s signature page to this Agreement at a purchase price equal to $4.00 per Pre-Funded Warrant to purchase one Warrant Share and an exercise price equal to $0.0001 per Warrant Share.
The Voting Common Stock is registered pursuant to Section 12(b) of the Exchange Act, and the Company has taken no action designed to, or which to the Company’s Knowledge is likely to have the effect of, terminating the registration of the Voting Common Stock pursuant to the Exchange Act nor has the Company received any notification that the SEC is currently contemplating terminating such registration.
The issued and outstanding shares of Voting Common Stock are registered pursuant to Section 12(b) of the Exchange Act and are listed for trading on the Nasdaq Capital Market under the symbol “ALGS”.