Common use of Total Authorized Clause in Contracts

Total Authorized. 1.1. The total number of shares of all classes of capital stock that the Corporation has authority to issue is 620,000,000 shares, consisting of three classes: 560,000,000 shares of Class A Common Stock, $0.0001 par value per share (“Class A Common Stock”), 50,000,000 shares of Class B Common Stock, $0.0001 par value per share (“Class B Common Stock” and together with the Class A Common Stock, the “Common Stock”), and 10,000,000 shares of Preferred Stock, $0.0001 par value per share (the “Preferred Stock”).

Appears in 1 contract

Sources: Business Combination Agreement (DPCM Capital, Inc.)

Total Authorized. 1.1. 1.1 The total number of shares of all classes of capital stock that the Corporation has authority to issue is 620,000,000 [•],000,000 shares, consisting of three four (4) classes: 560,000,000 [•],000,000 shares of Class A Common Stock, $0.0001 par value per share (“Class A Common Stock”), 50,000,000 [•],000,000 shares of Class B V Common Stock, $0.0001 par value per share (“Class B V Common Stock” and together collectively with the Class A Common Stock, the “Common Stock”), ) and 10,000,000 shares of Preferred Stock, $0.0001 par value per share (the “Preferred Stock”).

Appears in 1 contract

Sources: Merger Agreement (VPC Impact Acquisition Holdings III, Inc.)