PCT Common Stock definition
Examples of PCT Common Stock in a sentence
In the event that any securities received with respect to PCT Common Stock shall in any manner be subdivided (by stock split, stock dividend or otherwise) or combined (by reverse stock split or otherwise), appropriate adjustments shall be made in a manner consistent with the principles set forth in this Section 3.1(k).
Seller and its affiliates beneficially own 5,939,400 shares of PCT Common Stock (as defined below) and 20,000 shares of PCT Preferred Stock (as defined below).
All outstanding shares of PCT Common Stock and PCT Preferred Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to any preemptive rights.
The authorized capital stock of PCT consists of 250,000,000 shares of common stock, par value $.01 per share ("PCT Common Stock"), of which 20,594,120 are issued and outstanding and 250,000,000 shares of preferred stock, par value $0.01 per share ("PCT Preferred Stock"), of which 20,000 are issued and outstanding.