On the same day as
the closing of the Convertible Note Offering, Shkreli sold 292,400 shares of Retrophin stock as a result of a margin call, in flagrant disregard of the Company's representations and agreements.
Not exact matches
One way to do this is by offering existing investors the incentive
of a
convertible note that converts into shares at the
closing of the offering at a discounted price.
The offering
of the
notes and the
convertible hedge and warrant transactions described below are expected to
close on September 25, 2017, subject to customary
closing conditions.
We anticipate that, after consummation
of the transactions contemplated by the 2014 Recapitalization and upon the
closing of this offering, only the Post-IPO
Note, and none
of the Related - Party
Notes or the Related - Party Warrants, would remain outstanding, and all
of our issued and outstanding shares
of convertible preferred stock and common stock
of various classes would be converted into shares
of common stock.
We anticipate that, after consummation
of the transactions contemplated by the 2014 Recapitalization Agreement and upon the
closing of this offering, only the Post-IPO
Note, and none
of the Related - Party
Notes or the Related - Party Warrants, would remain outstanding, and all
of our outstanding shares
of convertible preferred stock and common stock
of various classes would be converted into shares
of common stock.
We anticipate that, after consummation
of the transactions contemplated by the 2014 Recapitalization Agreement and upon the
closing of this offering, only the Post-IPO
Note, and none
of the Related - Party
Notes or the Related - Party Warrants, would remain outstanding, and all
of our issued and outstanding shares
of convertible preferred stock and common stock
of various classes would be converted into shares
of common stock.
Impossible Foods announced the successful
closing of about $ 114 million in
convertible note financing.The food technology startup has raised approximately $ 214 million in the past 18 months for a total venture funding
of about $ 396 million since the company's founding, according to documents filed with the US Securities and Exchange Commission.
The two - door GranTurismo line continues with several variants
of coupes and
convertibles that combine elegance and comfort for four adults, with a six speed automatic transmission to keep the legendary Maserati performance and exhaust
note close at hand.
The two - door GranTurismo line continues with several variants
of coupes and
convertibles that combine elegance and comfort for four adults, with a 6 speed automatic transmission to keep the legendary Maserati performance and exhaust
note close at hand.
The
convertible notes will mature on the 18 - month anniversary
of the
closing of the merger, and the indenture governing the
notes will include customary events
of default and anti-dilution adjustments.
If the offering is consummated, all
of Realogy's
Convertible Notes in the aggregate principal amount
of approximately $ 2.1 billion would be converted into Class A common stock or redeemed at 90 percent
of the principal amount thereof on or about the
closing of the offering, and holders
of approximately $ 2 billion aggregate principal amount
of such
Convertible Notes have indicated that they intend to so convert.