Examples of Series D Shares in a sentence
The Company shall not enter into any agreement or file any amendment to its Articles of Incorporation (including the filing of a Certificate of Designation) which conflicts with this Section 5(d) while the Series D Shares and Warrants remain outstanding.
Each Series D Share will convert into one share of our common stock at any time at the option of the holder of the Series D Shares or will be converted at the option of the Company at any time the trading price of our common stock is at least $4.50 per share for ten consecutive trading days.
Therefore, none of the Series C Shares were converted into Series D Shares on June 30, 2017.
Other than the Subject Shares, the Stockholder owns no Common Shares, Series D Shares, Series F Preferred Shares or other equity securities of the Company.
The Series D Shares yield 5.0% annually for the initial five-year period ending March 31, 2019.