Status of the Securities. Each of Vista Fund and Vista Partners has been informed by the Company that the conversion of the Series B Shares and the issuance of the VEP Shares have not been registered under the Securities Act or under any state securities laws and are being offered and sold in reliance upon federal and state exemptions for transactions not involving any public offering.
Appears in 2 contracts
Sources: Conversion Agreement (Aspect Communications Corp), Conversion Agreement (Aspect Communications Corp)