Examples of Series B-1 Preferred Shares in a sentence
The Company defines capital as Common and Series A1 and Series B1 Preferred Shares as recognized in the financial statements.
The issuance of the Series B Preferred Shares and the Series B-1 Preferred Shares and the transactions contemplated by the Transaction Documents will be in compliance with the New York Stock Exchange’s shareholder approval policy and the exception under Para.
The terms and provisions of this Agreement are intended solely for the benefit of each party hereto and their respective successors or permitted assigns, and except as provided in Sections 6.06, 6.07 and 6.08 (which are intended to be for the benefit of the persons entitled to therein, and may be enforced by any of such persons), it is not the intention of the parties to confer third-party beneficiary rights upon any other person.
On March 7, 2019, the holders of the Series B1 warrants to subscribe for Series B1 Preferred Shares agreed that 50% of the warrants would be exercised in conjunction with the IPO and 50% of the warrants would expire.
As of the date of the Registration Statement, there are 365,000,000 ordinary shares, 82,500,000 Series A Preferred Shares, 165,825,000 Series B-1 Preferred Shares, 112,875,000 Series B-2 Preferred Shares, 308,770,154 Series C Preferred Shares, 209,737,212 Series D Preferred Shares, 209,849,890 Series E Preferred Shares and 100,465,709 Series F Preferred Shares issued and outstanding.