Adjustments to Conversion Ratios. The Conversion Ratio shall be adjusted to reflect fully the effect of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into PNSO Common Stock or VisiJet Capital Stock), reorganization, recapitalization or other like change with respect to PNSO Common Stock or VisiJet Capital Stock occurring after the date hereof and prior to the Effective Time.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Ponte Nossa Acquisition Corp), Agreement and Plan of Merger (Ponte Nossa Acquisition Corp)
Adjustments to Conversion Ratios. The Conversion Ratio shall be adjusted to reflect fully the effect of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into PNSO Purchaser Common Stock or VisiJet Company Capital Stock), reorganization, recapitalization or other like change with respect to PNSO Purchaser Common Stock or VisiJet Company Capital Stock occurring after the date hereof and prior to the Effective Time.
Appears in 1 contract
Sources: Agreement of Merger (Visijet Inc)