Wesser definition
Examples of Wesser in a sentence
Immediately after the Effective Time, as a result of the issuance of the Merger Share Consideration, the Merger Option Consideration, the ▇▇▇▇▇ Shares and the Wesser Shares, Proman, ▇▇▇▇▇ and ▇▇▇▇▇▇ will own, in the aggregate, 50% of the Fully Diluted Equity of PDN.
At the Effective Time, PDN shall withhold from the Merger Share Consideration the Escrowed Shares to be distributed in accordance with Section 5.5. At the Effective Time, PDN shall issue to (i) Proman the Merger Share Consideration consisting of 5,110,975, (ii) ▇▇▇▇▇ 959,096 shares of PDN Common Stock (the “▇▇▇▇▇ Shares”) and (iii) Wesser 239,774 shares of PDN Common Stock (the “Wesser Shares”).
PDN shall use its reasonable best efforts to cause the shares of PDN Common Stock to be issued in the Merger (including the Merger Shares Consideration, the shares of PDN Common Stock underlying the Merger Option Consideration, the ▇▇▇▇▇ Shares and the Wesser Shares) to be approved for listing on NASDAQ, subject to official notice of issuance, prior to the Effective Time.