Quantum Shares definition

Quantum Shares means the shares of common stock, par value $0.0001 per share, of Quantum. “Quantum Stockholder Approval” means the votes of any of Quantum’s capital stock necessary in
Quantum Shares has the meaning set forth in the recitals of this Agreement;

Examples of Quantum Shares in a sentence

  • At and as of the Effective Time, Six (6) Quantum Shares shall be converted into the right to receive one share of Flooid stock.

  • All of the issued and outstanding Quantum Shares have been duly authorized and are validly issued, fully paid, and non assessable.

  • The entire authorized capital stock of Quantum consists of 495,000,000 Quantum Shares, of which 151,482,632 Quantum Shares are issued and outstanding as of the date of this Agreement.

  • After the close of business on the Closing Date, transfers of Quantum Shares outstanding prior to the Effective Time shall not be made on the stock transfer books of the Surviving Corporation.

  • Buyer acknowledges that it has been advised by Seller and Quantum that the Quantum Shares have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”).

  • The Series Quantum Shares shall have such other rights, preferences, and limitations as may be determined by the Board of Directors of Spectral and set forth in a certificate of designation designating the Series Quantum Shares.

  • On the Closing Date (as hereinafter described) the Stockholders shall tender the DiMi Shares and DiMi Warrants to Quantum, and Quantum shall issue the Quantum Shares and the Quantum Warrants to the Stockholders in exchange therefor.

  • The Quantum Shares issued to the Stockholders will represent 85.8% of the outstanding capital stock of Quantum on a fully diluted basis (without giving effect to exercise of the Quantum Warrants but following the cancellation of 15,000,000 shares of Quantum common stock to be cancelled at the Closing).

  • No further transfer of any Quantum Shares shall be made on such stock transfer books after the Effective Time.

  • On the Closing Date, upon the terms and subject to the conditions of this Agreement, Seller shall deliver to Buyer certificates representing the Quantum Shares duly endorsed, or accompanied by stock powers duly executed, with all necessary stock transfer stamps attached thereto and canceled and shall deliver to Buyer the other items to be delivered at the Closing set forth in Section 4.1 hereof.

Related to Quantum Shares

  • Unit Shares means the Common Shares comprising part of the Units;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Target Shares means the common shares in the capital of Target;