Share Count Adjustment definition
Share Count Adjustment means the number equal to the total number of shares of Class B Stock, Class C Stock and Class D Stock issued and outstanding immediately prior to the Closing minus 2,008,428.35.
Examples of Share Count Adjustment in a sentence
Prior to the Closing Date, the Company will convert outstanding customer deposits in the amount of $69,600 into newly issued Class B Shares, which Class B Shares will be issued and outstanding immediately prior to the Closing and will be factored into the Share Count Adjustment.