Attached files

file filename
S-1 - S-1 - ESTRE USA INC.a2225585zs-1.htm
EX-99.4 - EX-99.4 - ESTRE USA INC.a2225585zex-99_4.htm
EX-3.4 - EX-3.4 - ESTRE USA INC.a2225585zex-3_4.htm
EX-3.1 - EX-3.1 - ESTRE USA INC.a2225585zex-3_1.htm
EX-99.2 - EX-99.2 - ESTRE USA INC.a2225585zex-99_2.htm
EX-10.5 - EX-10.5 - ESTRE USA INC.a2225585zex-10_5.htm
EX-99.3 - EX-99.3 - ESTRE USA INC.a2225585zex-99_3.htm
EX-23.1 - EX-23.1 - ESTRE USA INC.a2225585zex-23_1.htm
EX-10.1 - EX-10.1 - ESTRE USA INC.a2225585zex-10_1.htm
EX-99.1 - EX-99.1 - ESTRE USA INC.a2225585zex-99_1.htm

Exhibit 3.2

 

CERTIFICATE OF AMENDMENT

OF

CERTIFICATE OF INCORPORATION

OF

BOULEVARD ACQUISITION CORP. II

 

Boulevard Acquisition Corp. II, a corporation duly organized and existing under the General Corporation Law of the State of Delaware (the “Corporation”), does hereby certify that:

 

1.                                      The Certificate of Incorporation of the Corporation is hereby amended by deleting Article IV thereof in its entirety and inserting the following in lieu thereof:

 

“ARTICLE IV

CAPITALIZATION

 

Section 4.1                                    Authorized Capital StockThe total number of shares of all classes of capital stock which the Corporation is authorized to issue is 201,000,000 shares, consisting of (i) 200,000,000 shares of common stock, par value $0.0001 per share (the “Common Stock”), including (A) 150,000,000 shares of Class A Common Stock and (B) 50,000,000 shares of Class B Common Stock, and (ii) 1,000,000 shares of preferred stock, par value $0.0001 per share (the “Preferred Stock”).  The powers, preferences and relative, participating, optional and other special rights of the respective classes of the Corporation’s capital stock or the holders thereof and the qualifications, limitations and restrictions thereof are as follows:

 

Section 4.2                                    Preferred Stock.

 

(a)                                 The Preferred Stock may be issued in one or more series from time to time, with each such series to consist of such number of shares and to have such voting powers, full or limited, or no voting powers, and such designations, preferences and relative, participating, optional or other special rights, and the qualifications, limitations or restrictions thereof, as shall be stated in the resolution or resolutions providing for the issuance of such series adopted by the board of directors of the Corporation (the “Board”) and included in a certificate of designations (a “Preferred Stock Designation”) filed pursuant to the DGCL, and the Board is hereby expressly vested with the authority, to the full extent now or hereafter provided by law, to adopt any such resolution or resolutions.

 

(b)                                 The number of authorized shares of Preferred Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority of the outstanding shares of Common Stock, without a vote of the holders of the Preferred Stock, or any series thereof, unless a vote of any such holders of Preferred Stock is required pursuant to another provision of this Certificate, including any Preferred Stock Designation.

 

Section 4.3                                    Common Stock.(a)                                        The holders of shares of Common Stock shall be entitled to one vote for each such share on each matter properly submitted to the stockholders on which the holders of shares of Common Stock are entitled to vote.  Except as otherwise required by law or this Certificate (including any Preferred Stock Designation), at any annual or special

 



 

meeting of the stockholders the Common Stock shall have the exclusive right to vote for the election of directors and on all other matters properly submitted to a vote of the stockholders.  Notwithstanding the foregoing, except as otherwise required by law or this Certificate (including a Preferred Stock Designation), holders of Common Stock shall not be entitled to vote on any amendment to this Certificate (including any amendment to any Preferred Stock Designation) that relates solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled, either separately or together with the holders of one or more other such series, to vote thereon pursuant to this Certificate (including any Preferred Stock Designation.)

 

(b)                                 Subject to the rights of the holders of Preferred Stock, the holders of shares of Common Stock shall be entitled to receive such dividends and other distributions (payable in cash, property or capital stock of the Corporation) when, as and if declared thereon by the Board from time to time out of any assets or funds of the Corporation legally available therefor and shall share equally on a per share basis in such dividends and distributions.

 

(c)                                  In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, after payment or provision for payment of the debts and other liabilities of the Corporation, and subject to the rights of the holders of Preferred Stock in respect thereof, the holders of shares of Common Stock shall be entitled to receive all the remaining assets of the Corporation available for distribution to its stockholders, ratably in proportion to the number of shares of Common Stock held by them.

 

(d)                                 Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis (the “Initial Conversion Ratio”) and shall automatically convert into Class A Common Stock on the business day following the closing of the Business Combination (as defined below). Notwithstanding the Initial Conversion Ratio, in the case that additional shares of Class A Common Stock, or equity-linked securities (excluding the warrants to be issued in a private placement that closes simultaneously with the closing of the Corporation’s initial public offering (the “IPO”)), are issued or deemed issued in excess of the amounts offered in the IPO, all issued and outstanding shares of Class B Common Stock shall automatically convert into shares of Class A Common Stock at the time of the closing of the Corporation’s initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”) at a ratio for which:

 

·                                          the numerator shall be equal to the sum of (A) 25% of all shares of Class A Common Stock issued or issuable (upon the conversion or exercise of any equity-linked securities or otherwise) by the Corporation, related to or in connection with the consummation of the Business Combination (excluding any securities issued or issuable to any seller in the Business Combination) plus (B) the number of shares of Class B Common Stock issued and outstanding prior to the closing of the Business Combination; and

 

·                                          the denominator shall be the number of shares of Class B Common Stock issued and outstanding prior to the closing of the Business Combination.

 



 

Notwithstanding anything to the contrary contained herein, (i) the foregoing adjustment to the Initial Conversion Ratio may be waived as to any particular issuance or deemed issuance of additional shares of Class A Common Stock or equity-linked securities by the written consent or agreement of holders of a majority of the shares of Class B Common Stock then outstanding (without the necessity of calling, noticing or holding a meeting of holders of Class B Common Stock), consenting or agreeing separately as a single class, and (ii) in no event may the Class B Common Stock convert into Class A Common Stock at a ratio that is less than one-for-one.

 

Each share of Class B Common Stock shall convert into its pro rata number of shares of Class A Common Stock pursuant to this Section 4.3(d) of Article IV. The pro rata share for each shareholder of Class B Common Stock will be determined as follows:  Each share of Class B Common Stock shall convert into such number of shares of Class A Common Stock as is equal to the product of one multiplied by a fraction, the numerator of which shall be the total number of shares of Class A Common Stock into which all of the issued and outstanding shares of Class B Common Stock shall be converted pursuant to this Section 4.3(d) and the denominator of which shall be the total number of issued and outstanding shares of Class B Common Stock at the time of conversion.”

 

2.                                      The Corporation has not received any payment for its stock and the foregoing amendment was duly adopted in accordance with the provisions of Section 241 (by unanimous consent of the board of directors of the corporation who have been duly elected and qualified) of the General Corporation Law of the State of Delaware.

 

[SIGNATURE PAGE FOLLOWS]

 



 

IN WITNESS WHEREOF, Boulevard Acquisition Corp. II has caused this Certificate to be executed by its duly authorized officer on this 28th day of July, 2015.

 

 

BOULEVARD ACQUISITION CORP. II

 

 

 

 

 

By:

/s/ Stephen Trevor

 

Name:

Stephen Trevor

 

Title:

Chief Executive Officer