Convertible Series A Preferred Stock definition

Convertible Series A Preferred Stock means the convertible series A preferred stock of New GMI having the terms set forth in the Convertible Series A Certificate of Designation to be issued on the Effective Date pursuant to the Plan.

Convertible Series A Preferred Stock means, collectively, (i) 10,000 shares of Company’s Convertible Series A Preferred Stock, (ii) the Certificate of Designation pursuant to which such shares were issued, and (iii) any shares of additional securities of the same nature issued as payment in kind of dividends in respect thereto.

Convertible Series A Preferred Stock at a purchase price of $1,050.8 million in the aggregate in cash;

Examples of Convertible Series A Preferred Stock in a sentence

• Out of the 10,000,000 shares of preferred stock, 260,000 shares were further designated as Convertible Series A Preferred Stock, each share of which has a conversion ratio of 1:100 and is entitled to one hundred vote on any and all matters considered and voted upon by the Corporation's Common Stock, and 3,000,000 shares were further designated as Series B Preferred Stock without conversion and voting right.

• The issuance of 260,000 shares of Convertible Series A Preferred Stock to KYN Capital Interests, Inc.

• In March of 2015, the Board of Directors of the Company approved to issue 260,000 shares of Convertible Series A Preferred Stock to KYN Capital Interests, Inc., for its services in connection with reorganization of the Company.

• Out of the 10,000,000 shares of preferred stock, 260,000 shares were further designated as Convertible Series A Preferred Stock.

• The shares were converted at $0.13 based on the conversion provisions of the Convertible Series A Preferred Stock designation.

• The Board of Directors has designated one million (1,000,000) shares of its authorized preferred stock as its Cumulative Convertible Series A Preferred Stock (the “Series A Preferred Stock”).

• Out of the 10,000,000 shares of preferred stock, 260,000 shares were further designated as Convertible Series A Preferred Stock, each share of which has a conversion ratio of 1:100 and is entitled to one hundred votes on all matters considered and voted upon by the Corporation's Common Stock, and 3,000,000 shares were further designated as Series B Preferred Stock without conversion and voting rights.

• In June 2002, the Company issued 7.5% Convertible Subordinated Notes in an aggregate principal amount of $40.0 million, 10,000 shares of 7.5% Convertible Series A Preferred Stock at an aggregate purchase price of $10.0 million and warrants to purchase 272,727 shares of its Common Stock at an exercise price of $12.00.

• The Company is authorized to issue up to 300,000,000 shares of its common stock, par value $0.001, and 10,000,000 shares of preferred stock, par value $0.001, of which, 1,000,000 shares of preferred stock have been designated as Convertible Series A Preferred Stock pursuant to the September 25, 2018 Certificate of Designation filed with the State of Nevada (hereafter, the “Series A Preferred”).

• Billing in excess of contract revenue has been reflected as ‘Unearned Revenue’ under ‘Liabilities’ in the Balance Sheet.

More Definitions of Convertible Series A Preferred Stock

Convertible Series A Preferred Stock means up to 4,080,000 shares of Target's Convertible Series A Preferred Stock, each share of which entitles its holder to convert such share into one share of Target's common stock.