Series B-2 Preferred Stock definition

Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

Series B-2 Preferred Stock means (x) the Company’s shares of Series B-2 Convertible Preferred Stock as designated by that certain Certificate of Designation of Preferences, Rights and Limitations filed with the Secretary of State of the State of Delaware on October 11, 2021 and (y) any capital stock into which such Series B-2 Preferred Stock shall have been changed or any share capital resulting from a reclassification of such Series B-2 Preferred Stock.

Series B-2 Preferred Stock means the Series B-2 Convertible Preferred Stock of the Company.

Examples of Series B-2 Preferred Stock in a sentence

• As of the Closing Date, the Company shall have reserved from its duly authorized capital stock the number of shares of (i) the maximum number of Series B-2 Preferred Stock issuable upon conversion of the Shares; (ii) the maximum number of Conversion Shares issuable upon conversion of the Shares and (iii) the maximum number of Conversion Shares issuable upon conversion of the Series B-2 Preferred Stock(without taking into account any limitations set forth in the Certificate of Designation).

• Subject to Section 6(b) and the limitations set forth in Section 6(f), at the option of the Holder thereof, each share of Series B-2 Preferred Stock, shall be convertible into one thousand shares of Common Stock.

• The Company shall, so long as any of the Shares and the Series B-2 Preferred Stock are outstanding, take all action necessary to reserve and keep available out of its authorized and unissued capital stock, solely for the purpose of effecting the conversion of the Shares and the conversion of the Series B-2 Preferred Stock, the maximum number of shares of Common Stock issuable upon the conversion thereof (without taking into account any limitations set forth in the Certificate of Designation).

• The shares of Series B-2 Preferred Stock issuable upon conversion of the Shares have been duly authorized and, when issued in accordance with the terms of the Transaction Documents and the Certificate of Designation will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens, other than restrictions on transfer provided for in the Transaction Documents or imposed by applicable securities laws, and shall not be subject to preemptive or similar rights of stockholders.

• The number of shares of Series B -1 Preferred Stock so designated shall be 50,000, and the number of shares of Series B-2 Preferred Stock so designated shall be 50,000.

More Definitions of Series B-2 Preferred Stock

Series B-2 Preferred Stock means the series of preferred stock of the Company designated as "Series B-2 Convertible Preferred Stock,” par value $0.0001 per share;

Series B-2 Preferred Stock means the Series B-2 Convertible Preferred Stock, par value $0.0001 per share, of the Company, as shall be designated in a Certificate of Designation, Preferences and Rights to be filed with the Secretary of State after the date hereof.

Series B-2 Preferred Stock has the meaning set forth in Section 2.2(a)(ii).

Series B-2 Preferred Stock has the meaning set forth in the Recitals.

Series B-2 Preferred Stock means the Series B-2 Preferred Stock, $0.01 par value per share, of the Company.

Series B-2 Preferred Stock shall have the meaning set forth in the first paragraph of this Agreement.

Series B-2 Preferred Stock shall have the meaning assigned to such term in the Recitals.