Examples of ABP Common Stock in a sentence
As at the Effective Time, by virtue of the Merger and without any action on the part of the holders of any outstanding ABP stock options, each of the ABP stock options issued and outstanding as of the Effective Time shall automatically be deemed to be exchanged for and converted into an identical amount of warrants (the “XXXX Options”) to purchase that number of shares of XXXX Common Stock as shall equal the identical number of shares of ABP Common Stock issuable upon exercise of the ABP stock options.
Only holders of record of shares of ABP Common Stock as at the Effective Time of the Merger shall be entitled to receive shares of XXXX Common Stock, as Merger Consideration as of the Effective Time of the Merger.
Prior to the Effective Time of the Merger, ABP will update Schedule 3.3 to include all ABP Additional Stockholders and also list thereon the owners of record of all outstanding ABP Notes and ABP Warrants sold in the Bridge Financing (collectively, with the ABP Common Stock, the “ABP Securities”).
Each share of ABP’s common stock, par value $0.001 per share (“ABP Common Stock”) that is held in the treasury of ABP or by any wholly owned subsidiary of ABP and each share of ABP Common Stock that is owned by XXXX shall automatically be cancelled and returned and shall cease to exist and no consideration shall be delivered in exchange therefor.
Box 3001, Winston-Salem, NC 27102-3001 DIVIDENDS Cash dividends on ABP Common Stock have been paid without interruption for 39 years and have been increased for the last 39 years through 1996.