Examples of New VWE Holdco common stock in a sentence
Base Merger Consideration is the number of shares of New VWE Holdco common stock determined by dividing the Base Merger Consideration Amount by $10 and rounding down to eliminate any fractional share.
Pursuant to the Transaction Agreement, no fractional shares of New VWE Holdco common stock will be issuable.
Instead, all share amounts will be rounded down to the nearest whole share of New VWE Holdco common stock.
Relates to (i) an estimated 35,000,0000 shares of New VWE Holdco common stock issuable as merger consideration and (ii) up to 5,726,864 shares of New VWE Holdco common stock issuable pursuant to the earnout provisions of the transaction agreement described herein, to holders of capital stock of Vintage Wine Estates, Inc., a California corporation (“VWE”), in connection with the transactions described herein.
The data on financial derivatives may be collected through the framework of the cen- tral bank’s MFS, and/or through surveys (see Appen- dix 7 for a model form for collecting data on financial derivatives).
Relates to 26,000,000 shares of New VWE Holdco common stock issuable upon the exercise of 26,000,000 New VWE Holdco warrants.
Relates to (i) 36,000,000 shares of common stock, no par value per share (“New VWE Holdco common stock”), issuable upon the domestication to holders of Class A restricted voting shares of BCAC and (ii) 6,000,000 shares of New VWE Holdco common stock issuable upon the domestication to holders of Class B shares of BCAC.
Relates to 26,000,000 warrants to acquire shares of New VWE Holdco common stock (“New VWE Holdco warrants”), into which (i) 18,000,000 public warrants to acquire Class A restricted voting shares of BCAC and (ii) 8,000,000 founder’s warrants to acquire Class A restricted voting shares of BCAC will continue and remain outstanding on a one-for-one basis upon the domestication.
This is a system stabilization property, which can only be expressed in CTL∗.
This document also constitutes a prospectus of BCAC with respect to the New VWE Holdco common stock and New VWE Holdco warrants issuable in connection with the domestication and the New VWE Holdco common stock issuable in connection with the merger.VWE is soliciting the written consents of the VWE shareholders with respect to the approval and adoption of the transaction agreement, the merger and the other transactions contemplated by the transaction agreement (the “VWE Merger Proposal”).