An agreement allows conversion of assets into cash allows a stockholder to convert investments in stock or
debentures into cash.
Not exact matches
Securities broadly categorized
into debt securities, such as bonds and
debentures, and equity securities, such as common stocks.
When companies are doing well, investors are able to convert these securities,
debentures or bonds,
into stocks, which has a higher value.
Under the terms of the transaction, the Purchasers will subscribe for U.S. $ 1 billion aggregate principal amount of 6 % unsecured subordinated convertible
debentures (the «Debentures») convertible into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on Novembe
debentures (the «
Debentures») convertible into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on Novembe
Debentures») convertible
into common shares of BlackBerry at a price of U.S. $ 10.00 per common share (the «Transaction»), a 28.7 % premium to the closing price of BlackBerry common shares on November 1, 2013.
RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company» or «RIBT»), a global leader in the production and marketing of value - added products derived from rice bran, today announced that it has entered
into definitive agreements with a group of accredited investors for the purchase of $ 6 million of non-convertible original issue discount
debentures and $ 2 million of convertible preferred stock.
A security, usually a
debenture or preferred share, which is convertible
into or exchangeable for another security (usually common shares) of the same company.
A protective provision written
into the trust indenture of a company's
debenture issue providing that no subsequent mortgage bond issue may be secured by all or part of the company's assets, unless at the same time the company's
debentures are similarly secured.
The $ 15 million
debenture was converted
into 750k of common shares in January 2011.
Chapter 18, of 1918, The Halifax Disaster Provincial Loan Act was passed which in s. 3 stated «The sum realized from the sale of
debentures of Nova Scotia or of Nova Scotia stock issued for the purpose of raising the said sum of one hundred thousand dollars, or any part therof, shall be paid
into the Provincial Treasury and shall be paid and applied for purposes in connection with conditions created by the explosion in Halifax Harbour on the 6th day of December, A.D., 1917.»
Selected Accomplishments Significant direct operating and senior - level decision making experience, with extensive contract development and proven negotiation abilities resulting in $ B in new public infrastructure projects, several Fortune 500 partnerships, and $ MM in raised investment capital Exstensive domestic and international SaaS sales management experience within the global AEC industry, leading expansion
into Dubai, UAE, and other parts of the Middle East Successfully structured and completed early - stage business financing, a $ 5 million Series A Private Placement, $ 5M in convertible
debentures, and $ 5M private equity international bridge financing