Authorized Common Stock Increase definition

Authorized Common Stock Increase means the amendment to the Corporation’s Articles of Incorporation to, after the date hereof, increase the number of authorized shares of Common Stock from 20,000,000 to 350,000,000.
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Authorized Common Stock Increase means effectiveness of an amendment to the Company’s certificate of incorporation filed with the Secretary of State of the State of Delaware, following approval by the Board of Directors and stockholders of the Corporation in accordance with Section 242 of the Delaware General Corporation Law, that authorizes at least 125 million shares of Common Stock.”
Sample 1
Authorized Common Stock Increase means an increase in the number of shares of Common Stock authorized for issuance by the Company from 100,000,000 shares to 300,000,000 shares that is effected by the Company’s filing of the Authorized Common Stock Increase Amendment with the State of Delaware and the acceptance thereof by the State of Delaware.
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Examples of Authorized Common Stock Increase in a sentence

  • Subject to Section 6(d), each share of Series C Preferred Stock shall be convertible, at any time and from time to time only after the Authorized Common Stock Increase Date, at the option of the Holder thereof, into that number of shares of Common Stock determined by dividing the Stated Value of such share of Series C Preferred Stock by the Conversion Price.

  • Subject to Section 6(d), each share of Series D Preferred Stock shall be convertible, at any time and from time to time only after the Authorized Common Stock Increase Date, at the option of the Holder thereof, into that number of shares of Common Stock determined by dividing the Stated Value of such share of Series D Preferred Stock by the Conversion Price.

  • The Company covenants that, from and after the date that the Authorized Common Stock Increase Proposal is obtained and during the period that the Warrant is outstanding, it will reserve from its authorized and unissued shares of Common Stock a sufficient number of shares to provide for the issuance of the Warrant Shares underlying this Warrant.

  • The Company covenants that, after the Authorized Common Stock Increase and during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant.

  • This Guarantee may be executed in any number of counterparts and this has the same effect as if the signatures on the counterparts were on a single copy of this Guarantee.

  • A: The Board of Directors recommends that you vote your shares (1) FOR the approval of the Reverse Stock Split at a ratio to be determined in the discretion of the Board of Directors within a range of one (1) share of common stock for every two (2) to fifty (50) shares of common stock; (2) FOR the approval of the Authorized Common Stock Increase; and (3) FOR the approval of the Adjournment of the 2020 Special Meeting, if the Board of Directors determines it to be necessary or appropriate.

  • As soon as practicable following the date of this Amendment, and no event later than the next annual or special meeting of stockholders of the Company, the Company shall file with the Securities and Exchange Commission one or more definitive proxy statements, at the expense of the Company, for one or more stockholder meetings, soliciting stockholder approvals at such meetings for the Authorized Common Stock Increase Proposal.

  • The Holder agrees not to revoke any such vote or change any vote once voted in favor of the Authorized Common Stock Increase Proposal.

  • Upon receipt of the Stockholder Approval with respect to the Authorized Common Stock Increase Proposal, the Company shall cause the amendment to the Company’s Articles of Incorporation, as amended, approved thereby (the “Common Stock Increase Amendment”) to be filed with the Nevada Secretary of State on the date of such Stockholder Approval or as soon as practicable thereafter (the effective date of such amendment, the “Common Stock Increase Effective Date”).

  • In RMB （2）Impairment of goodwill In RMB InvesteeBalance in year-beginIncreased at this period.Decreased at this period Closing balanceProvision disposition SAPOPhotoelectric 9,614,758.55 9,614,758.55 Shenzhen BeautyCentury Garment Co., Ltd.


More Definitions of Authorized Common Stock Increase

Authorized Common Stock Increase means effectiveness of an amendment to the Certificate of Incorporation filed with the Secretary of State of the State of Delaware, following approval by the Company’s Board of Directors and stockholders in accordance with Section 242 of the Delaware General Corporation Law, that authorizes at least 125 million shares of Common Stock.
Sample 1
Authorized Common Stock Increase means effectiveness of an amendment to the Certificate of Incorporation filed with the Secretary of State of the State of Delaware, following approval by the Company’s Board of Directors and stockholders in accordance with Section 242 of the Delaware General Corporation Law, that authorizes at least 125 million shares of Common Stock.
Sample 1

Related to Authorized Common Stock Increase

  • Authorized shares means the shares of all classes a domestic or foreign corporation is authorized to issue.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Additional Common Stock herein shall mean in the most broadest sense all shares of Common Stock hereafter issued by the Borrower (including, but not limited to Common Stock held in the treasury of the Borrower and common stock purchasable via derivative security or option on the date of such grant ), except Common Stock issued upon the conversion of any of this Convertible Note or Warrant.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Common Shares means the common shares in the capital of the Company;

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Additional Common Shares means all common stock (including reissued shares) Issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock Issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors or consultants to the Company.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Class A Common Stock means the Company's Class A Common Stock, par value $.01 per share.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer or director for services provided to the Company in their capacity as such.

  • Common Stock means the common stock of the Company.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.00001 per share.