US Legal Forms
Localized Forms
California
San Bernardino
Subscription Agreement - 6% Series G Convertible Preferred Stock -...

San Bernardino California Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock

Name: San Bernardino California Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock
Brand: US Legal Forms
Rating: 4.8 (307 reviews)

Category:

Corporations - Public - Stock Subscription Agreements

State:

Multi-State

County:

San Bernardino

Control #:

US-EG-9225

Format:

Instant download

Description

6% Series G Convertible Preferred Stock Subscription Agreement between ObjectSoft Corporation and Investors wherein the company shall issue and sell to the Investors preferred stock and company agrees to purchase warrant shares dated December 30, 1999.

3.01 EXPLANATORY: ADDITIONAL INSTRUCTIONS

View this form

How to fill out San Bernardino California Subscription Agreement - 6% Series G Convertible Preferred Stock - Between ObjectSoft Corp. And Investors Regarding Issuance And Sale Of Preferred Stock?

If you need to find a reliable legal document supplier to get the San Bernardino Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock, consider US Legal Forms. No matter if you need to start your LLC business or manage your asset distribution, we got you covered. You don't need to be well-versed in in law to find and download the appropriate form.

You can search from over 85,000 forms arranged by state/county and case.
The intuitive interface, number of learning resources, and dedicated support team make it easy to get and execute different paperwork.
US Legal Forms is a trusted service providing legal forms to millions of customers since 1997.

You can simply select to look for or browse San Bernardino Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock, either by a keyword or by the state/county the document is created for. After finding the required form, you can log in and download it or save it in the My Forms tab.

Don't have an account? It's simple to get started! Simply locate the San Bernardino Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock template and check the form's preview and short introductory information (if available). If you're comfortable with the template’s terminology, go ahead and click Buy now. Register an account and select a subscription plan. The template will be immediately ready for download once the payment is completed. Now you can execute the form.

Taking care of your legal matters doesn’t have to be expensive or time-consuming. US Legal Forms is here to prove it. Our rich variety of legal forms makes these tasks less costly and more reasonably priced. Set up your first business, organize your advance care planning, create a real estate contract, or execute the San Bernardino Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock - all from the convenience of your sofa.

Join US Legal Forms now!

Form Rating

4.8

Satisfied(307)

Form popularity

FAQ

Definition of Preferred Stock Purchase Agreement The key provisions of preferred stock purchase agreements include: Amount of shares being sold. Price paid. Rights of the preferred holder. Representations and warranties of the company.

To comply with state regulations, the par value of preferred stock is recorded in its own paid-in capital account Preferred Stock. If the corporation receives more than the par amount, the amount greater than par will be recorded in another account such as Paid-in Capital in Excess of Par - Preferred Stock.

A "convertible security" is a securityusually a bond or a preferred stockthat can be converted into a different securitytypically shares of the company's common stock. In most cases, the holder of the convertible determines whether and when to convert.

A mandatory convertible is a security that automatically converts to common equity on or before a predetermined date. This hybrid security guarantees a certain return up to the conversion date, after which there is no guaranteed return but the possibility of a much higher return.

The company can make the convertible preferred stock journal entry when it is converted into common stock by debiting the preferred stock and additional paid-in capital preferred stock account and crediting the common stock and additional paid-in capital common stock account.

Convertible preferred stock provides investors with an option to participate in common stock price appreciation. Preferred shareholders receive an almost guaranteed dividend. However, dividends for preferred shareholders do not grow at the same rate as they do for common shareholders.

Convertible bonds work in a similar fashion and feature an interest rate and a specified loan period. They differ from traditional bonds in one important way, however; investors who hold convertible bonds have the option to trade the bond in for shares of company stock.

Convertible preferred stock is a type of hybrid security that has features of both debt and equity, arising from the dividend payment and conversion option, respectively.

Investor Influence Under a convertible debt arrangement, incoming capital providers do not receive influence over management decision making. Unlike preferred stockholders, convertible debt holders do not receive a board seat and management does not need bondholder approval for key decisions.

What Are Convertible Preferred Shares? These shares are corporate fixed-income securities that the investor can choose to turn into a certain number of shares of the company's common stock after a predetermined time span or on a specific date.

San Bernardino California Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock

Description

Related forms

Viewed forms

How to fill out San Bernardino California Subscription Agreement - 6% Series G Convertible Preferred Stock - Between ObjectSoft Corp. And Investors Regarding Issuance And Sale Of Preferred Stock?

Show more info

Form Rating

Form popularity

FAQ

What is a preferred stock agreement?

How do you record preferred stock in accounting?

What is a convertible preferred bond?

What is Series A mandatory convertible preferred stock?

How do you account for a convertible preferred stock?

How does a convertible preferred work?

What is the difference between a bond and a convertible bond?

Is convertible preferred stock equity or debt?

How does a convertible bond differ from convertible preferred?

WHAT IS convertible preferred?

Trusted and secure by over 3 million people of the world’s leading companies