Akazoo definition

Akazoo or the “Company”); Petrus (Pierre) Schreuder (“Schreuder”) and ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ (“▇▇▇▇▇▇▇▇▇▇▇▇▇” and together with Schreuder, “Settling Old Akazoo Defendants”); ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. (“▇▇▇▇▇▇”); ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ ▇▇▇▇▇ (“Akazoo Director Defendants”); ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, and ▇▇▇▇ ▇▇▇▇▇ (the “MMAC Director Defendants” and together with Akazoo, Settling Old Akazoo Defendants, ▇▇▇▇▇▇, and the Akazoo Director Defendants, “Settling Defendants”); MII LLC and Macquarie Capital (USA) Inc. (the “Macquarie Settling Parties”); and Toscafund Asset Management LLP and Penta Capital LLP and all funds managed by them including Tosca Opportunity, Tosca Mid Cap, The Pegasus Fund Limited and Tosca Penta Music LP (the “Tosca Settling Parties” and together with the Macquarie Settling Parties, the “Additional Settling Parties”), have entered into a Stipulation and Agreement of Partial Settlement dated April 22, 2021 (the “Stipulation”), that embodies the terms and conditions of the partial settlement of the Class Actions (the “Settlement”);
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Akazoo or the “Company”); Petrus (Pierre) Schreuder (“Schreuder”) and ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ (“▇▇▇▇▇▇▇▇▇▇▇▇▇” and together with Schreuder, “Settling Old Akazoo Defendants”); ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. (“▇▇▇▇▇▇”); ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ ▇▇▇▇▇ (“Akazoo Director Defendants”); ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, and ▇▇▇▇ ▇▇▇▇▇ (the “MMAC Director Defendants” and together with Akazoo, Settling Old Akazoo Defendants, ▇▇▇▇▇▇, and the Akazoo Director Defendants, “Settling Defendants”); MIHI LLC and Macquarie Capital (USA) Inc. (the “Macquarie Settling Parties”); and Toscafund Asset Management LLP and Penta Capital LLP and all funds managed by them including Tosca Opportunity, Tosca Mid Cap, The Pegasus Fund Limited and Tosca Penta Music LP (the “Tosca Settling Parties” and together with the Macquarie Settling Parties, the “Additional Settling Parties”), by and through their respective counsel, and embodies the terms and conditions of the partial settlement of the Class Actions (defined below). Subject to the approval of the United States District Court for the Eastern District of New York (the “Court”) and the terms and conditions expressly provided herein, this Stipulation is intended by Plaintiffs, on behalf of themselves and the Settlement Class, the Settling Defendants, and the Additional Settling Parties (collectively, the “Settling Parties”) to fully, finally and forever settle, release, resolve, compromise, and discharge the Released Claims (as defined herein) against the Released Parties (as defined herein). Throughout this Stipulation, all terms with initial capitalization, but not immediately defined, shall have the meanings ascribed to them in Section 1 below.
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Examples of Akazoo in a sentence

  • This Agreement is being entered into in connection with the consummation of the transactions contemplated by the Business Transaction Agreement, dated as of January 24, 2019 (the Transaction Agreement), by and among Modern Media, Akazoo Limited, a private company limited by shares incorporated under the Law of Scotland, ▇▇▇▇▇▇▇▇▇ ▇.

  • The following paragraphs explain what constitutes the Additional Settlement Amount, and how the Additional Settlement Amount will be divided between: (a) the Settlement Class; and (b) another group of Akazoo shareholders, represented by the law firm of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ L.L.P. (the “▇▇▇▇▇▇ ▇▇▇▇▇▇▇ PIPE, SPAC, and Retail Investors”), in a related lawsuit pending in the United States District Court for the Southern District of New York (the “PIPE and SPAC Action”).

  • Case No. 1:20-cv-01900-BMC (E.D.N.Y.)”; (iii) state the number of shares of Akazoo common stock and/or Modern Media Acquisition Corp.

  • Based on Plaintiffs’ damages expert’s estimates of the number of Akazoo common stock purchased during the Settlement Class Period that may have been affected by the conduct at issue in the Federal Action and assuming that all Settlement Class Members elect to participate in the Settlement, the estimated average recovery (before the deduction of any Court-approved fees, expenses and costs as described herein) per eligible security is $0.51.

  • The only securities that are included in the Settlement are the Akazoo common stock and MMAC common stock.

  • A., et al., Case No. 1:20-cv-02737 (E.D.N.Y.) on behalf of those who: (1) purchased or otherwise acquired the publicly traded securities of Akazoo f/k/a Modern Media Acquisition Corp.

  • Under the FIFO method, Akazoo common stock sold during the Settlement Class Period will be matched, in chronological order first against Akazoo common stock held at the beginning of the Settlement Class Period.

  • If a Settlement Class Member held Akazoo common stock at the beginning of the Settlement Class Period or made multiple purchases, acquisitions or sales of Akazoo common stock during or after the Settlement Class Period, the starting point for calculating a Claimant’s Recognized Claim is to match the Claimant’s holdings, purchases and acquisitions to their sales using the FIFO (i.e., first-in-first-out) method.

  • The remaining sales of Akazoo common stock during the Settlement Class Period will then be matched, in chronological order against Akazoo common stock purchased or acquired during the Settlement Class Period.

  • The State Action asserted violations of Sections 11, 12(a)(2), and 15 of the Securities Act against Akazoo, ▇▇▇▇▇▇, the Settling Old Akazoo Defendants, ▇▇▇▇▇▇, the MMAC Director Defendants, and ▇▇▇▇▇.