Founders’ Common Stock definition
Examples of Founders’ Common Stock in a sentence
The offers and sales of the Founders’ Common Stock and Sponsors’ Warrants were at all relevant times, based in part on the representations and warranties of the purchaser of such securities, exempt from registration under the Act.
The color difference, ΔE, of the acceptance samples shall not be more than five units from the Standard Numbers- 20062, 26373ii.
Subject to certain limited exceptions, the Founders’ Common Stock will be held in escrow until one year after the consummation of an Initial Business Combination.
The stock held by Columbia pursuant to this provision will be shares of Founders’ Common Stock, and shall be the same class of stock as that held by p53 in NEWCO at its formation with the same rights, preferences and privileges.
With respect to the Initial Business Combination Vote, the Company shall cause the Founders to vote all their Founders’ Common Stock in accordance with a majority of the shares of Common Stock voted by the Public Stockholders and to vote any other shares of Common Stock held by them, whenever and however acquired, in favor of the Initial Business Combination.