Examples of Company Series 1 Preferred Stock in a sentence
Prior to the Effective Time, each share of Company Series 1 Preferred Stock issued and outstanding shall be converted into one share of Company Common Stock.
A total of 2,168,105 shares of Company Common Stock, 12,710,693 shares of Company Series 1 Preferred Stock and 12,509,387 shares of Company Series 2 Preferred Stock are issued and outstanding as of the Agreement Date, and there are no other issued and outstanding shares of Company Capital Stock, other than pursuant to the exercise of Company Options under the Company Option Plan and Company Warrants, in each case that are outstanding as of the Agreement Date.
As of the date hereof, the aggregate number of Company Common Stock issuable upon conversion of the issued and outstanding shares of Company Series 1 Preferred Stock is 1,111,111.
A total of 1,309,513 shares of Company Common Stock and 10,206,250 shares of Company Series 1 Preferred Stock are issued and outstanding as of the Agreement Date.
The authorized Company Capital Stock consists solely of (i) 45,475,073 shares of Company Common Stock, and (ii) 27,038,326 shares of Company Preferred Stock, of which 12,763,253 are designated as Company Series 1 Preferred Stock and 14,275,073 are designated as Company Series 2 Preferred Stock.
Each Company Stockholder holding 9.308 shares of Company Series 1 Preferred Stock has the right to receive one share of Company Common Stock upon conversion thereof.
As of the date of this Agreement, (A) no shares of Company Series A Preferred Stock are issued and outstanding, (B) no shares of Company Series B Preferred Stock are issued and outstanding, (C) no shares of Company Series C Preferred Stock are issued and outstanding, (D) no shares of Company Series D Preferred Stock are issued and outstanding, and (E) no shares of Company Series 1 Preferred Stock are issued and outstanding.
The authorized capital stock of the Company consists solely of 105,555,495 shares of Company Common Stock and 94,999,939 shares of Company Series 1 Preferred Stock.
Immediately prior to the Effective Time, for each 9.308 shares of Company Series 1 Preferred Stock held by a Company Stockholder, such Company Stockholder shall receive one share of Company Common Stock.
The affirmative vote or consent of (i) the holders of a majority of the outstanding shares of Company Capital Stock, voting-together as a single class; and (ii) the holders of 60% of the outstanding shares of Company Series 1 Preferred Stock voting as a separate class (collectively, the “Stockholder Approvals”), are the only votes or consents of the holders of any class or series of the Company Capital Stock necessary to adopt this Agreement.