Common use of Rights and Preferences Clause in Contracts

Rights and Preferences. Holders of the Company’s common stock have no preemptive, conversion, or other rights, and there are no redemptive or sinking fund provisions applicable to the Company’s common stock, except that holders of the Class B common stock may convert their shares into shares of Class A common stock.

Appears in 1 contract

Samples: ir.knightscope.com

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Rights and Preferences. Holders of the Company’s our common stock do not have no any preemptive, conversion, conversion or other rights, subscription rights and there are no redemptive redemption or sinking fund provisions applicable to the Company’s common stock. The rights, except that preferences and privileges of the holders of the Class B common stock are subject to, and may convert their shares into be adversely affected by, the rights of the holders of shares of Class A common stockany series of preferred stock that we may designate in the future.

Appears in 1 contract

Samples: Stock

Rights and Preferences. Holders of the Company’s common stock have no preemptive, conversion, subscription, or other rights, and there are no redemptive redemption or sinking fund provisions applicable to the Company’s common stock. The rights, except that preferences and privileges of the holders of the Class B common stock are subject to, and may convert their shares into be adversely affected by the rights of the holders of shares of Class A any series of preferred stock that we may designate in the future. Fully Paid and Nonassessable All outstanding shares of common stockstock are fully paid and non-assessable.

Appears in 1 contract

Samples: Prospectus

Rights and Preferences. Holders of the Company’s our common stock have no preemptive, conversion, conversion or other subscription rights, and there are no redemptive redemption or sinking fund provisions applicable to the Company’s our common stock. The rights, except that preferences and privileges of the holders of the Class B common stock are subject to, and may convert their shares into be adversely affected by, the rights of the holders of shares of Class A common stockany series of preferred stock that we may designate in the future.

Appears in 1 contract

Samples: ir.avalotx.com

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Rights and Preferences. Holders The holders of the Company’s our common stock have no preemptive, conversion, conversion or other subscription rights, and there are no redemptive redemption or sinking fund provisions applicable to the Company’s our common stock. The rights, except that preferences and privileges of the holders of the Class B our common stock are subject to, and may convert their shares into be adversely affected by, the rights of the holders of shares of Class A any series of our preferred stock that we may designate and issue in the future. Fully Paid and Nonassessable. All of our outstanding shares of common stockstock are, and the shares of common stock to be issued under this prospectus will be, fully paid and nonassessable.

Appears in 1 contract

Samples: Prospectus Supplement

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