Zevia PBC
Extract: Charter Amended/Restated (Plain English Desc) from a 8-K on 07/26/2021   Download
SEC Document
SEC Filing

Amendment and Restatement of Certificate of Incorporation

On July 21, 2021, the Company filed its Amended and Restated Certificate of Incorporation (the “A&R Certificate”) with the Secretary of State of the State of Delaware in connection with the Company’s initial public offering (the “IPO”) of its Class A Common Stock, par value $0.001 per share. The Company’s sole stockholder and Board previously approved the A&R Certificate. The A&R Certificate amends and restates the Company’s existing certificate of incorporation in its entirety to, among other things: (i) authorize 800,000,000 shares of common stock, 550,000,000 shares, of which are designated as “Class A Common Stock” and 250,000,000 shares of which are designated as “Class B Common Stock;” (ii) authorize 10,000,000 shares of undesignated preferred stock that may be issued from time to time by the Board in one or more series; and (iii) provide that certain protective provisions related to the Class B Common Stock shall expire at such time when less than 9,418,719 shares of the Class B Common Stock remain outstanding.