Sentences with phrase «exchange of the convertible notes»

The unaudited pro forma basic and diluted loss per share assumes the exchange agreement and direct listing was consummated as of the beginning of the period and therefore assumes the shares issued upon exchange of the Convertible Notes were outstanding from January 1, 2017.

Not exact matches

Angel investors normally provide capital for start - ups or businesses in the early stage of growth in exchange for equity, or in some cases, convertible notes, that converts into shares or cash value at a point later on.

The form of investment is dependent on the company's relative maturity with seed stage investments typically structured as convertible notes while early stage companies issue preferred equity in exchange for investor funds.

Equity Commitment Note - an equity commitment note is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not befNote - an equity commitment note is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not befnote is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not before.

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.

On March 30, 2011, the Company issued 412,286 shares of its common stock in exchange for convertible notes payable with a balance of $ 711,500 and accrued interest of $ 19,588.

The secured convertible notes will be convertible on the final business day of each month into shares of MediciNova common stock at a conversion price of $ 6.80 per share, which conversion price is based on the volume - weighted average price of MediciNova's common stock as quoted on Nasdaq and the Osaka Securities Exchange over the 20 trading days prior to signing of the merger agreement.

In January 2018, the Group entered into an exchange agreement with holders of the remaining balance of its Convertible Notes, pursuant to which the Group exchanged the remaining of $ 628 million of Convertible Notes, plus accrued interest, for 9,431,960 ordinary shares.

In January 2018, the Group entered into an exchange agreement with holders of outstanding Convertible Notes, pursuant to which the Group exchanged the Convertible Notes, plus accrued interest, for ordinary shares.