Examples of Series A-2 Preferred Stock in a sentence
The rights of the Series A-2 Preferred Stock are as set forth in the Articles of Incorporation to the Offering Statement of the Company filed with the SEC (the “Offering Statement”).
The Offering contemplates: (i) the Company’s pre-money fully-diluted capitalization of 11,000,000 shares (exclusive of the Company’s outstanding convertible promissory notes), and (ii) a $24,970,000 pre-money valuation ($20,020,000 with respect to the “early bird” discounted Series A-2 Preferred Stock Shares).
Notwithstanding anything to the contrary contained herein, if the Company issues additional shares of the Company’s Series A-2 Preferred Stock after the date hereof, any purchaser of such shares of Series A-2 Preferred Stock may become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and thereafter shall be deemed an “Investor” for all purposes hereunder.
Notwithstanding anything to the contrary contained herein, if the Company issues additional shares of the Company’s Series A-2 Preferred Stock after the date hereof, whether pursuant to the Purchase Agreement or otherwise, any purchaser of such shares of Series A-2 Preferred Stock may become a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement, and thereafter shall be deemed an “Investor” for all purposes hereunder.
Any Additional Shares earned prior to the date on which the Company consummates the issuance and sale of shares of its Series A-2 Preferred Stock (the “A-2 Closing”) shall also be exercisable for the Company’s Series A Preferred Stock at the Series A Price.