Review Certificate of Designation of Series A Convertible Preferred Stock ( CD ) of Riffpad,
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Question:
Review Certificate of Designation of Series A Convertible Preferred Stock CD of Riffpad, Inc. and then answer the following questions. Assume that Riftpad filed the CD with the Delaware Division of Corporations on January and issued all shares of Series A Preferred Stock on that date to Sjo Time Fund IX LP STime\' and all shares remain outstanding. What is the dollar amount of Accruing Dividends per share of Series A Preferred Stock on June assuming that Riffpad has never paid a dividend on its Series A Preterred Stock? If Riffpad were to liquidate on June and assuming that Riffpad had never paid a dividend on its Series A Preferred Stock as of that date, what is the dollar amount per share of the preterential payment described in section of the Certificate of Designation?
Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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