This part is interesting to me:
“3. To amend the Company’s 2014 Equity Incentive Plan (the “Plan”) to increase the number of shares of Class A Common Stock available for issuance by 3,700,000 shares and allow for the issuance of Restrictive Stock Units under the Plan.”
The company’s 2014 equity incentive plan....
The read this:
From the SPCL pixel 8K
(d) Holdings Capitalization. As at the date of this Agreement, (a) VC2 (as assignee of Vert Capital Corp.) is the record and beneficial owner of 25,950,000 outstanding shares of the common stock, par value $0.0001 per share, of Holdings (“Holdings Common Stock”) representing eighty-six and one-half (86.5%) percent of the outstanding shares of the fully diluted Holdings Common Stock1, and (ii) the former owners of all of the common stock of Pixel prior to February 12, 2015 collectively own an aggregate of 3,000,000 shares of Holdings Series A non-redeemable convertible voting preferred stock, par value $0.0001 per share (the “Holdings Preferred Stock”) that, upon conversion shall represent ten (10%) percent of the shares of the fully diluted Holdings Common Stock, before giving effect to any Holdings Common Stock issuable upon exercise of the Holdings Warrants referred to in Footnote 1 below.
And so I wonder....could we potentially get a 1:1000 share of box:spcl
No idea just speculating
