Assertion: common stock | /r/HasProperty | received in the distribution
Facets:
Source sentences:
text: LLC also received 9,575,185 shares of Class A common stock in the distribution that they elected not to sell in the offering, representing approximately 11.5% of Cadence Bancorporation's outstanding Class A common stock , and will be restricted from transferring such shares of Class A common stock received in the distribution without Cadence Bancorporation's consent for a period of 45 days after the date of the final prospectus supplement filed in connection with the offering.