Examples of Preferred Stock Equivalents in a sentence
The combined value of the Even Financial Earnout and Preferred Stock Equivalents was $45.3 million as of the closing of the Even Acquisition.
In the event that there shall not be sufficient shares of Common Stock of the Company or Preferred Stock (or Preferred Stock Equivalents) issued but not outstanding or authorized but unissued to permit any exchange of Rights as contemplated in accordance with this Section 24, the Company shall take all such action as may be necessary to authorize additional shares of Common Stock of the Company or Preferred Stock (or Preferred Stock Equivalent) for issuance upon exchange of the Rights.
No further adjustments of the number of shares of Preferred Stock for which this Warrant is exercisable and the Warrant Price then in effect shall be made upon the actual issue of such Preferred Stock upon conversion or exchange of such Preferred Stock Equivalents.
In case any Preferred Stock or Preferred Stock Equivalents are issued or sold for a consideration other than cash, the amount of the consideration other than cash received by the Corporation will be the fair market value, as determined by a majority of the Board of Directors (the “Fair Market Value”), thereof as of the date of receipt.
Unless determined otherwise by the Company, each holder of Common Stock Equivalents and/or Preferred Stock Equivalents issued under the Company Option Plan shall agree to be bound by the terms of this Agreement as an Other Stockholder with respect to the shares of Common Stock and/or Preferred Stock to be received by such holder upon exercise thereof.