Certain Information With. Respect to the Capital Stock of the COMPANY, CTS and NEWCO. The respective designations and numbers of outstanding shares and voting rights of each class of outstanding capital stock of the COMPANY, CTS and NEWCO as of the date of this Agreement are as follows: (a) as of the date of this Agreement, the authorized and outstanding capital stock of the COMPANY is as set forth on Schedule 1.4 hereto; (b) immediately prior to the Closing Date, the authorized capital stock of CTS will consist of 50,000,000 shares; and (c) as of the date of this Agreement, the authorized capital stock of NEWCO consists of 3,000 shares of NEWCO Stock, of which ten (10) shares are issued and outstanding and beneficially owned by CTS.
Appears in 6 contracts
Sources: Merger Agreement (Condor Technology GRP), Merger Agreement (Condor Technology GRP), Agreement and Plan of Organization (Condor Technology GRP)