Examples of Company Class A Voting Common Stock in a sentence
The shares of Company Class A Voting Common Stock issuable upon exercise of the ISIS Warrants shall not be included in the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time used in calculation of the Exchange Ratio.
Other than the ISIS Warrants (as defined below), neither Parent nor Merger Sub shall assume the outstanding warrants to purchase Company Class A Voting Common Stock or the outstanding warrants to purchase Company Series A Preferred Stock (each warrant other than the ISIS Warrants, a “Company Warrant”).
The merger provides that Landmark Bank shareholders electing to receive The Landrum Company common stock will receive 1.2700 shares of The Landrum Company Class A Voting Common Stock per share of Landmark Bank common stock.
As of the Company Capitalization Date, 46.01 shares of Company Class A Voting Common Stock are issued and outstanding and 4,917.76 shares of Company Class B Non-Voting Common Stock are issued and outstanding.
At the Effective Time, the ISIS Warrants that remain outstanding shall be converted into warrants to purchase a number of shares of Parent Common Stock equal to the product of (A) the number of shares of Company Class A Voting Common Stock for which the ISIS Warrants are exercisable and (B) the Exchange Ratio, and the exercise prices therefor likewise shall be adjusted accordingly.
Fifteen Million (15,000,000) shares of Company Class A Voting Common Stock, par value $0.001 per share, of which Nine Million Four Hundred Eighty-One Thousand Seven Hundred Twenty-One (9,481,721) shares would be issued and outstanding, and Three Hundred Fifty Thousand (350,000) shares of Company Class B Nonvoting Common Stock, par value $0.001 per share, of which Two Hundred Eighty-Nine Thousand Seven Hundred Eighty-Four (289,784) would be issued and outstanding.
The authorized capital stock of the Company currently consists exclusively of 10,050 shares of Company Common Stock, which, as of the date of this Agreement (the “ Company Capitalization Date”), consists of 50 authorized shares of Company Class A Voting Common Stock, and 10,000 authorized shares of Company Class B Non-Voting Common Stock.
Each share of Company Class A Voting Common Stock and Class B Nonvoting Common Stock (collectively, the “Company Common Stock”), Company Series A Preferred Stock and Series A-1 Preferred Stock issued and outstanding immediately prior to the Effective Time, other than Dissenting Shares, will be canceled and extinguished and automatically convert (subject to Section 1.6(g)) into the right to receive that fraction of a share of Parent Common Stock equal to the Exchange Ratio.
Immediately prior to the Effective Time, the issued and outstanding shares of Company Series A Preferred Stock and Company Series A-1 Preferred Stock will be convertible to Company Class A Voting Common Stock at a conversion ratio of 1:1.
Stockholders representing ninety percent (90%) of the issued and outstanding shares of Company Class A Voting Common Stock and one hundred percent (100%) of Company Class B Non-Voting Common Stock as of the Execution Date have entered into Support Agreements.