Examples of Purchased Preferred Stock in a sentence
An adjustment to basic and diluted weighted average shares outstanding was recorded for the effect of the Purchased Preferred Stock converted to Company Common Stock.
The execution, delivery and performance by the Company of the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including the issuance of the Purchased Preferred Stock and the Common Stock issuable upon conversion thereof, have been duly authorized by all necessary corporate action on the part of the Company and no further authorization on the part of the Company, or the Company's stockholders, is necessary to authorize such execution, delivery and performance.
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The Purchaser shall have the right, but not the obligation, to have the Company include on the next or any subsequent registration statement, all shares issuable upon conversion of any Purchased Preferred Stock.
The Shareholders or their proxies who will attend the Meeting are requested to present the copy of their identity card or other valid identity proof of the endorser and the endorsee to the Company’s registration officer before entering the Meeting room.