Examples of Class A-1 Common Stock in a sentence
The Class A-1 Common Stock will be acquired for investment only and solely for the Subscriber’s own account, and not as a nominee or agent for any other person, and not with a view to the public resale or distribution thereof within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), and the Subscriber has no present intention of selling, granting any participation in, or otherwise distributing the same.
The Subscriber has had the opportunity to ask questions of and receive answers regarding the Company’s business, management and financial affairs and the terms and conditions of the Class A-1 Common Stock.
The Subscriber understands that the Class A-1 Common Stock will not be registered under the Securities Act and that, as such, the Class A-1 Common Stock may be resold without registration under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
This statement relates to shares of Class A-1 Common Stock, $0.0001 par value per share of the Issuer (the “Stock”).
Upon a Conversion Transfer, each share of Class A-1 Common Stock, Class A-2 Common Stock, Class A-3 Common Stock, Class B-1 Common Stock, Class B-2 Common Stock and Class B-3 Common Stock so Transferred shall be and be deemed to be, automatically and without further act on the part of the holder thereof or the Corporation, converted into one share of Class B Common Stock.