Aggregate Merger Consideration. The aggregate merger consideration payable for the issued and outstanding membership interest in the Company (the “Merger Consideration”) shall be 2,500,000 restricted shares of common stock, par value $0.001 per share, of Purchaser (the “Purchaser Common Stock”). The issuance of the Purchaser Common Stock will not be registered.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Torchlight Energy Resources Inc)
Aggregate Merger Consideration. The aggregate merger consideration payable for the issued and outstanding membership interest in the Company Target (the “Merger Consideration”) shall be 2,500,000 3,301,739 restricted shares of common stock, par value $0.001 0.0001 per share, of Purchaser (the “Purchaser Common Stock”). The issuance of the Purchaser Common Stock will not be registeredmade without registration under the Securities Act of 1933, as amended, or any securities “blue sky” or other similar laws of any state.
Appears in 1 contract
Aggregate Merger Consideration. The aggregate merger consideration payable for the issued and outstanding membership interest in the Company (the “Merger Consideration”) shall be 2,500,000 3,301,739 restricted shares of common stock, par value $0.001 per share, of Purchaser (the “Purchaser Common Stock”). The issuance of the Purchaser Common Stock will not be registered.
Appears in 1 contract
Aggregate Merger Consideration. The aggregate merger consideration payable for the issued and outstanding membership interest in the Company Target (the “Merger Consideration”) shall be 2,500,000 restricted shares of common stock, par value $0.001 per share, of Purchaser (the “Purchaser Common Stock”). The issuance of the Purchaser Common Stock will not be registered.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Torchlight Energy Resources Inc)
Aggregate Merger Consideration. The aggregate merger consideration payable for the issued and outstanding membership interest in the Company (the “"Merger Consideration”") shall be 2,500,000 restricted shares of common stock, par value $0.001 per share, of Purchaser (the “"Purchaser Common Stock”"). The issuance of the Purchaser Common Stock will not be registered.
Appears in 1 contract
Sources: Merger Agreement (McCabe Greg)