Company: SYRA
Filing Date: 2025-01-24
Form Type: S-3
Source: 0001493152-25-003630
Chunk: 12

Company: Syra Health Corp
Filing Date: 2025-01-24
Form: S-3
Chunk 12
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 proceeds to us. The following is a summary of the securities we may offer with this prospectus.

Class A Common Stock

Our authorized capital stock consists of 115,000,000 shares, consisting of 100,000,000 shares of Class A Common Stock, par value $0.001 per share, 5,000,000 shares of Class B common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share. As of January [ ], 2025, there were [8,973,774] shares of Class A Common Stock, 833,334 shares of Class B Common Stock and no shares of Preferred Stock issued and outstanding. Subject to preferences that may apply to any shares of Preferred Stock outstanding at the time, the holders of our Class A Common Stock and Class B Common Stock are entitled to share equally, identically, and ratably, on a per share basis, with respect to any dividend or distribution of cash or property paid or distributed by us if our board of directors, in its discretion, determines to issue dividends and then only at the times and in the amounts that our board of directors may determine. Holders of our Class A Common Stock are entitled to one vote for each share and holders of our Class B Common Stock are entitled to 16.5 votes per share, on all matters submitted to a vote of stockholders. The holders of our Class A Common Stock and Class B Common Stock will generally vote together as a single class on all matters submitted to a vote of our stockholders, unless otherwise required by Delaware law or our Certificate of Incorporation. Delaware law could require either holders of our Class A Common Stock or Class B Common Stock to vote separately as a single class if (i) we were to seek to amend our Certificate of Incorporation to increase or decrease the aggregate number of authorized shares of such class or to increase or decrease the par value of a class of our capital stock, then that class would be required to vote separately to approve the proposed amendment; or (ii) we were to seek to amend our Certificate of Incorporation in a manner that alters or changes the powers, preferences or special rights of a class of our capital stock in a manner that affected its holders adversely, then that class would be required to vote separately to approve the proposed amendment. Our Certificate of Incorporation does not provide for cumulative voting for the election of directors.

Preferred Stock

Our board of directors have the authority,