Quarterly report pursuant to Section 13 or 15(d)

Stockholders Equity

v3.21.2
Stockholders Equity
4 Months Ended
Sep. 30, 2021
Stockholders' Equity  
Stockholders' Equity

3.Stockholders’ Equity

As of September 30, 2021, Aris had an authorized share capital of 1,000 common shares with a $0.01 par value. On May 26, 2021, all 1,000 shares were issued and acquired by an affiliate for consideration of a $10.00 note receivable from that affiliate. Each share has one voting right.

On October 16, 2021, Aris’ certificate of incorporation was amended and restated under which Aris is authorized to issue up to 830,000,000 shares of stock, classified as follows:

50,000,000 shares of preferred stock, par value of $0.01 per share
600,000,000 shares of Class A common stock, par value $0.01 per share, and
180,000,000 shares of Class B common stock, par value $0.01 per share.

The Class A common stock and Class B common stock each provide holders with one vote on all matters submitted to a vote of stockholders.