Examples of Series C Conversion Shares in a sentence
The offer and sale of the Series C Purchased Shares under this Agreement, and the issuance of the Series C Conversion Shares upon conversion thereof are or shall be exempt from the registration requirements and prospectus delivery requirements of the Act, and from the registration or qualification requirements of any other applicable securities laws and regulations.
The shares of Common Stock issuable upon conversion of the Conversion Shares have been duly and validly reserved and, when issued upon conversion of the Conversion Shares in accordance with the provisions of the Certificate of Incorporation (in the case of the Series A and Series B Conversion Shares) or the Certificate of Designation (in the case of the Series C Conversion Shares), will be validly issued, fully paid and nonassessable.
The Series C Purchased Shares and the Series C Conversion Shares will be acquired for each Series C Purchaser’s own account, not as a nominee or agent, and not with a view to or in connection with the sale or distribution of any part thereof.
Each share of Series C Preferred Stock being converted shall convert into a number of shares of Class A Common Stock equal to the Aggregate Series C Conversion Shares divided by the number of shares of Series C Preferred Stock then outstanding.
Listing of the Conversion Shares: An application will be made for the Series C Conversion Shares (issuable upon conversion of the Series C Convertible Bonds) to be listed on the Catalist board of the SGX-ST.