Authorized shares definition

Authorized shares means the shares of all classes a domestic or foreign corporation is authorized to issue.
Authorized shares means shares of all classes that a corporation is authorized to issue.
Authorized shares means the shares of all classes a

Examples of Authorized shares in a sentence

  • Authorized shares We are authorized to issue up to 33.3 million shares of common stock with a par value of $0.0001 per share, 0.8 million shares of class C special stock with a par value of $0.0001 per share, and 1.7 million shares of undesignated preferred stock with a par value of $0.0001 per share at June 30, 2023.

  • As used in this chapter, unless the context otherwise requires: 2 (1) "Articles of incorporation" includes the original articles of incorporation and all 3 amendments thereto, and includes articles of merger or consolidation; 4 (2) "Authorized shares" means the aggregate number of shares of stock of all classes, 5 whether with or without par value, which the corporation is authorized to issue.


More Definitions of Authorized shares

Authorized shares means the shares of all classes a domestic or foreign corporation is
Authorized shares means the shares of all classes that a domestic
Authorized shares means the shares of all classes that a bank is authorized to issue.
Authorized shares means the maximum aggregate number of shares of Common Stock specified in Section 4(a) as being authorized for issuance and sale under Options granted pursuant to the Plan, subject to adjustment thereof in accordance with Section 12.
Authorized shares means the aggregate number of shares of stock of all classes,
Authorized shares means the shares of all classes a domestic or foreign
Authorized shares means the shares of all classes which the corporation is authorized to issue.