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CERTIFICATE OF DESIGNATION
of
SERIES A JUNIOR PARTICIPATING PREFERRED STOCK
of
WANDA PHARMACEUTICALS INC.
Pursuant to Section 151 of the General Corporation Law
of the State of Delaware
Wanda Pharmaceuticals
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What is series a junior participating?
Series A Junior Participating is a type of preferred stock that gives its holders the right to receive a predetermined amount of additional shares in the event of a sale or liquidation of the company.
Who is required to file series a junior participating?
Companies issuing Series A Junior Participating stock are required to file the necessary documentation with the appropriate regulatory bodies, such as the Securities and Exchange Commission in the United States.
How to fill out series a junior participating?
Filling out Series A Junior Participating involves providing detailed information about the terms of the preferred stock, including the conversion ratio, liquidation preferences, and any additional rights or privileges granted to the holders.
What is the purpose of series a junior participating?
The purpose of Series A Junior Participating is to provide certain shareholders with a higher level of protection and potential for increased returns in the event of a company's sale or liquidation, compared to common stockholders.
What information must be reported on series a junior participating?
The information typically reported on Series A Junior Participating includes the rights and preferences of the stock, such as voting rights, conversion rights, dividend preferences, and participation rights in the event of a liquidity event.
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