Cancellation of Treasury Shares. At the Closing Date, any Company Ordinary Shares held in treasury shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 6 contracts
Samples: Share Exchange Agreement (Kaixin Auto Holdings), Share Exchange Agreement (CM Seven Star Acquisition Corp), Share Exchange Agreement (Legacy Acquisition Corp.)
Cancellation of Treasury Shares. At the Closing Date, any Company Ordinary Shares Common Stock held in treasury shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Share Exchange Agreement (Wealthbridge Acquisition LTD)