Examples of Nautilus Common Stock in a sentence
All of such issued shares, the Nautilus Common Stock, have been validly issued and are fully paid.
In consideration of its purchase of the Nautilus Common Stock and Superior Bearing Common Stock, Buyer shall pay to Seller (a) the sum of $4,000,000 by wire transfer to an account specified by Seller to Buyer, (b) 420,000 shares of SESI Common Stock and (c) the Note in the form attached hereto as Exhibit "B".
Reflects the conversion of Nautilus redeemable convertible preferred stock into New Nautilus Common Stock pursuant to the conversion rate effective immediately prior to the Effective Time.
Pursuant to the terms of the Business Combination Agreement, the Reporting Person tendered 4,605,450 shares of Legacy Nautilus Common Stock and options to purchase 217,425 shares of Legacy Nautilus Common Stock in exchange for 16,708,899 shares of Common Stock and options to purchase 788,833 shares of Common Stock, respectively.
Nautilus shall be entitled to place appropriate legends on the book entries and/or certificates evidencing any shares of Nautilus Common Stock to be received in the Merger by equityholders of the Company who may be considered “affiliates” of Nautilus for purposes of Rules 144 and 145 under the Securities Act reflecting the restrictions set forth in Rules 144 and 145 and to issue appropriate stop transfer instructions to the transfer agent for Nautilus Common Stock.
For purposes of calculating the aggregate number of New Nautilus Common Stock issuable to each holder of Legacy Nautilus Common Stock pursuant to the Business Combination Agreement, all Legacy Nautilus Common Stock held by such holder was aggregated, and the Exchange Ratio was applied to that aggregate number of shares held by such holder, and not on a share-by-share basis, and the number of New Nautilus Common Stock issued was rounded down to the nearest whole share.
The existing shares of Nautilus Common Stock shall have been continually listed on NASDAQ as of and from the date of this Agreement through the Closing Date, the approval of the listing of additional shares of Nautilus Common Stock on NASDAQ shall have been obtained and the shares of Nautilus Common Stock to be issued in the Merger pursuant to this Agreement shall have been approved for listing (subject to official notice of issuance) on NASDAQ as of the Closing.
Pursuant to the terms of the Business Combination Agreement, the Reporting Person tendered 5,702,725 shares of Legacy Nautilus Common Stock and options to purchase 127,897 shares of Legacy Nautilus Common Stock in exchange for 20,689,892 shares of Common Stock and options to purchase 464,019 shares of Common Stock, respectively.
At the Effective Time, Nautilus shall deposit with the Exchange Agent: (i) evidence of book-entry shares representing the Nautilus Common Stock issuable pursuant to Section 1.5(a) and (ii) cash sufficient to make payments in lieu of fractional shares in accordance with Section 1.5(c).
All rights with respect to Company Common Stock under Company Options assumed by Nautilus shall thereupon be converted into rights with respect to Nautilus Common Stock.