Examples of Series C Preference Shares in a sentence
The authorised share capital of the Company under its Pre-IPO M&A is US$263,500 divided into 200,000,000 Ordinary Shares, par value US$0.001 per share, 28,000,000 Series A Preference Shares, par value US$0.001 per share, 11,500,000 Series B Preference Shares, par value US$0.001 per share and 24,000,000 Series C Preference Shares, par value US$0.001 per share.
Holders of Series C Preference Shares shall not be entitled to any dividends, whether payable in cash, property or stock, in excess of cumulative dividends, as herein provided, on the Series C Preference Shares.
In the Loan Note Conversion, the Loan Notes will convert into 5,918,777 Series C Preference Shares.
Immediately following the adoption of the Interim Articles of Association, the authorized share capital of Albireo will consist of 1,504,291 Series A Voting Preference Shares of €0.01 each, 3,175,074 Series A Non-voting Preference Shares of €0.01 each, 35,394,635 Series B Preference Shares, 8,325,188 Ordinary A Shares, 3,794,303 Ordinary Shares and 16,041,310 Series C Preference Shares (collectively, “Albireo Authorized Share Capital”).
Any notice mailed as provided in this subsection shall be conclusively presumed to have been duly given, whether or not the holder receives such notice, but failure duly to give such notice by mail, or any defect in such notice or in the mailing thereof, to any holder of Series C Preference Shares designated for redemption shall not affect the validity of the proceedings for the redemption of any other Series C Preference Shares.