Issued Shares definition
Examples of Issued Shares in a sentence
Buyer and Parent have full corporate power and authority to enter into this Agreement and the Ancillary Documents to which each is or will be a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, including the issuance and sale of the Issued Shares and the issuance of the shares of Common Stock issuable upon conversion of the Issued Shares, subject to receipt of the Requisite Stockholder Approval.
For purposes of Rule 144, any such Affiliate transferee shall be permitted to tack the holding period of Seller with respect to any Issued Shares or Common Stock so transferred.
For so long as Seller holds any Issued Shares or any Common Stock issued upon conversion thereof, Parent shall use best efforts to maintain the listing and trading of its Common Stock on the Nasdaq Capital Market (or another national securities exchange of equivalent or higher listing standards) and, in accordance therewith, will comply in all material respects with the Parent’s reporting, filing and other obligations under the rules and regulations of Nasdaq.
For the avoidance of doubt, the Allocation Statement shall provide that the Class B Issued Shares are payable only to the Class B Holders designated therein.
At or before the First Effective Time, Acquiror shall deposit, or cause to be deposited, with the Exchange Agent (i) the number of shares of Domesticated Acquiror Class B Common Stock equal to the Class B Issued Shares and (ii) the number of shares of Domesticated Acquiror Class A Common Stock equal to the Class A Stock Consideration.