Legal issue

What are the voting rights?

1 clause

Clause summary and textFavoured partyAuthorGoverning lawSource

Series Seed Preferred Stock has voting rights on all matters

1.1.Series Seed votes together with the Common Stock on all matters on an as-converted basis. Approval of a majority of the Series Seed Preferred Stock required to: (i) adversely change rights of the Series Seed Preferred Stock; (ii) create or change the authorized number of shares; (iii) authorize a new series of Preferred Stock having rights senior to or on parity with the Series Seed Preferred Stock; (iv) redeem or repurchase any shares; (v) declare or pay any dividend; (vi) change the number of directors; or (vii) liquidate or dissolve, including any change of control.
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Genie Team

🇬🇧 England and Wales

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