Examples of Diluted Company Shares in a sentence
Parent and Merger Sub shall have received a certificate, which shall be in full force and effect, executed by the Chief Executive Officer of the Company confirming that the conditions set forth in 6.1, 6.2, 6.3(a), and 6.5 have been duly satisfied and specifying the number of Fully Diluted Company Shares (and components thereof).
ListCo shall issue the Agreed Total Converted ListCo Shares in exchange for the Aggregate Fully Diluted Company Shares as provided in Section 3.07 pursuant to the Form F-4 filed under the Securities Act.
The cash portion of the Option Payment shall be subject to Withholdings and shall be reduced by the product of (i) the number of shares which were issuable upon exercise of the Option immediately prior to the Effective Time and (ii) the aggregate amounts payable by Parent to the Representative pursuant to Section 3.05(b)(i) divided by the number of Fully Diluted Company Shares.
Xxxxx Telecopy: 972/916-6156 With a copy to: Weil, Gotshal & Mangxx XXX 100 Xxxxxxxx Xxxxx, Xxxxx 0000 Xxxxxx, Xxxxx 00000 Attn: Jerexx X.
Equity Value $350,000,000 Aggregate Fully Diluted Company Shares 10,000 ordinary shares Split Factor 350,000,000/(10,000*10)=3,500 Authorised Share Capital of the Company Immediately prior to the Share Split, the authorised share capital of the Company is US$50,000 divided into 499,994,900 Class A Ordinary Shares of a par value of US$0.0001 each and 5,100 Class B Ordinary Shares of a par value of US$0.0001 each.
Shares outstanding immediately prior to the Effective Time, minus (c) a number of shares equal to (A) the aggregate exercise price of the Company Options described in clause (ii) above divided by (B) the Per Share Merger Consideration; provided, that any Company Option with an exercise price equal to or greater than the Per Share Merger Consideration shall not be counted for purposes of determining the number of Aggregate Fully Diluted Company Shares.
For purposes of the calculation of the exchange ratio for Purchaser Common Stock under Section 2.1(c) hereof, it is assumed that the number of Fully Diluted Company Shares is 1,500 (the "Fully Diluted Company Share Amount").
Each Company Share issued and outstanding immediately prior to the Effective Time shall be converted, subject to Sections 2.1(c) and 2.2, into that number of shares of Parent Common Stock as is determined by multiplying such Company Share by a ratio equal to (i) Merger Consideration divided by (ii) Fully Diluted Company Shares (such ratio shall be referred to herein as the "Exchange Ratio").
As of the date hereof, the Fully Diluted Company Shares (as defined in the Merger Agreement) is 10,875,610 and the CA Allocation is 1,208,401.
For purposes of the calculation of the exchange ratio for Company Stock under this Section 2.3(c), it is assumed that the number of Fully Diluted Company Shares is 10, which number shall be confirmed or updated at the Closing and reflected in the certificate of the Co-President of the Company that is being provided to Parent and Acquisition Sub pursuant to Section 6.2(a) (the number specified on such certificate being the "Fully Diluted Company Share Amount").