Examples of Trist Common Stock in a sentence
As of the Closing Date, 108,695,707 shares shall be designated Trist Super-Voting Common Stock, and 110,913,987 shares of Trist Common Stock and 91,581,633 shares of Trist Super-Voting Common Stock shall be issued and outstanding.
Immediately prior to the Closing, there are no outstanding bonds, debentures, notes or other indebtedness or other securities of Trist having the right to vote (or convertible into, or exchangeable for, securities having the right to vote) on any matters on which holders of Trist Common Stock may vote.
All shares of Trist Common Stock issued upon the surrender of the Certificates in accordance with the terms of this Section 2, shall be deemed to have been issued (and paid) in full satisfaction of all rights pertaining to Z&Z Common Stock theretofore represented by such certificates.
None of the Parties shall be liable to any Person in respect of any shares of Trist Common Stock (or dividends or distributions with respect thereto) delivered to a public official pursuant to any applicable abandoned property, escheat or similar law.
In connection with the Capital Raise, the purchasers will also receive warrants to purchase a number of shares of Trist Common Stock equal to 50% of the amount of shares initially issuable upon conversion of the Senior Convertible Notes, with an exercise price equal to the conversion price.
Except as set forth on the Trist Disclosure Schedule and except for the transaction documents executed in connection with the Capital Raise (including, but not limited to the Securities Purchase Agreement), there are no agreements or arrangements pursuant to which Trist is or could be required to register shares of Trist Common Stock or other securities under the Securities Act or other agreements or arrangements with or among any holder of Trist securities with respect to securities of Trist.
In taking any of the actions permitted under this Section 8.1(a), the Plan Administrator will not be required to treat all Awards similarly in the transaction.
The Board of Directors of Trist has unanimously determined that the terms of the Merger are fair to and in the best interests of the Stockholders of Trist and no vote of the holders of shares of Trist Common Stock or any other Trist security holder is necessary to approve the Merger.
In addition, the Board of Directors of Trist has unanimously determined that the terms of the Capital Raise are fair to and in the best interests of the Stockholders of Trist and no vote of the holders of shares of Trist Common Stock or any other Trist security holder is necessary to approve the Capital Raise.
There is no action or proceeding pending or, to Trist’s knowledge, threatened against Trist by NASDAQ or FINRA with respect to any intention by such entities to prohibit or terminate the quotation of Trist Common Stock on the OTC BB.