Examples of Pubco Preferred Stock in a sentence
There are no agreements purporting to restrict the transfer of the Pubco Preferred Stock or Pubco Common Stock, no voting agreements, voting trusts, or other arrangements restricting or affecting the voting of the Pubco Preferred Stock or Pubco Common Stock.
As of the date of this Agreement, the authorized capital stock of Pubco consists of 74,000,000 shares of Pubco Common Stock, $0.001 par value, of which 33,518,159 shares of Pubco Common Stock are issued and outstanding and 1,000,000 shares of Pubco Preferred Stock, $0.001 par value, of which 42,013 shares of Pubco Preferred Stock are issued and outstanding.
Similarly, the shares of Pubco Common Stock to be issued upon conversion of Pubco Preferred Stock issued as Merger Consideration under this Agreement will be, when issued, duly authorized, validly issued, fully paid and non-assessable.
Except as contemplated by this Agreement, there are no outstanding options, warrants, subscriptions, phantom shares, conversion rights, or other rights, agreements, or commitments obligating Pubco to issue any additional shares of Pubco Preferred Stock or Pubco Common Stock, or any other securities convertible into, exchangeable for, or evidencing the right to subscribe for or acquire from Pubco any shares of Pubco Preferred Stock or Pubco Common Stock as of the date of this Agreement.
As of the date of this Agreement, there are 94,866,525 shares of Pubco Common Stock issued and outstanding, (which shares include the 64,866,000 outstanding common shares slated for cancellation concurrently with the Closing hereof and exclude the shares hereby issuable to the Selling Shareholders and those issuable pursuant to the private placement agreement referenced in below subsection 6.13), and no outstanding shares of Pubco Preferred Stock.
The Pubco Class A Common Stock (including the Pubco Class A Common Stock issuable upon conversion of the Pubco Preferred Stock) and Pubco Preferred Stock to be issued in connection with the transactions contemplated by this Agreement shall have been approved for listing on Nasdaq, subject only to official notice of issuance thereof and the requirement to have a sufficient number of round lot holders.
As of the date of this Agreement, there are 31,800,000 shares of Pubco Common Stock issued and outstanding and no share of Pubco Preferred Stock outstading.
With the exception of Series A Preferred Shares, which are being transferred per the terms and conditions of the Control Block Transfer Agreement on Schedule 6, all other issued and outstanding series of Pubco Preferred Stock shall be converted into Pubco Common Stock prior to the Reverse Split, such that at Closing, the only Pubco Preferred Stock that shall be issued and outstanding shall be Series A.
As of the date of this Agreement, there are: (i) 95,108,887 shares of Pubco Common Stock issued and outstanding; (ii) one share of Pubco Preferred Stock, designated as a Series A Special Voting Share issued and outstanding; (iii) options to purchase 18,248,674 shares of Pubco Common Stock outstanding and unexercised; and (iv) warrants to purchase 5,000,000 shares of Pubco Common Stock outstanding and unexercised.
The authorized capital stock of the Pubco consists of One Hundred Million (100,000,000) shares of Pubco Common Stock, par value $0.0001 per share and Forty Million (40,000,000) shares of Pubco Preferred Stock, par value $0.001 per share.