Examples of Combined Company Common Stock in a sentence
Immediately following the completion of the Merger former Xxxxxxx stockholders (including former holders of Xxxxxxx Preferred Stock) will own 77% of the outstanding shares of Combined Company Common Stock and pre-Merger holders of Era Common Stock will own 23% of the outstanding shares of the Combined Company Common Stock.
In addition, these provisions could limit the price that investors might be willing to pay in the future for shares of Combined Company Common Stock.
All of these differences from an underwritten public offering of Energy Vault’s securities could result in a more volatile price for the Combined Company Common Stock.
As a result, there may not be efficient or sufficient price discovery with respect to the Combined Company Common Stock or sufficient demand among potential investors immediately after the closing, which could result in a more volatile price for the Combined Company Common Stock.
A restricted stock unit award may be settled by cash, delivery of shares of Combined Company Common Stock, a combination of cash and shares of Combined Company Common Stock as determined by the plan administrator, or in any other form of consideration set forth in the restricted stock unit award agreement.