It plans a special shareholder meeting to get approval for a reverse stock split that would aim to
exchange outstanding shares for a smaller number of consolidated shares, with a price in the range of C$ 10 to $ 20 each.
Not exact matches
That increases the
shares outstanding and dilutes the stake of existing shareholders, since
shares issued by the company through the exercise of options are not sold in
exchange for cash at fair market value but are exercised at a discount.
Because they trade on an
exchange, products like ETFs and ETNs are not only priced using a net asset value (NAV)-- the value of securities held minus liabilities and divided by
shares outstanding — that is calculated at the end of each day and by intraday NAV (iNAV) throughout the day.
In addition, investors purchasing
shares of our Class A common stock from us in this offering will have contributed % of the total consideration paid to us by all stockholders who purchased
shares of our Class A common stock, in
exchange for acquiring approximately % of the
outstanding shares of our Class A common stock as of, 2015, after giving effect to this offering.
In addition, investors purchasing
shares of our Class A common stock from us in this offering will have contributed 29.8 % of the total consideration paid to us by all stockholders who purchased
shares of our common stock, in
exchange for acquiring approximately 8.4 % of the
outstanding shares of our Class A common stock as of September 30, 2015, after giving effect to this offering.
Under the terms of the
exchange offer, Intimate Brands shareholders are entitled to receive 1.10
shares of L Brands common stock in a tax - free
exchange for each
outstanding share of Intimate Brands Class A common stock tendered.
Pursuant to the Amalgamation, Huayra and Angel AcquisitionCo will amalgamate and the amalgamated company will become a wholly - owned subsidiary of Angel and Angel will acquire all of the 40,388,565 Class A common
shares of Huayra that are expected to be issued and
outstanding immediately prior to the implementation of the Amalgamation in
exchange for a like number of post-Subdivision common
shares of Angel at a deemed issue price per
share of not less than Cdn.
(5) Except in connection with a corporate transaction involving the Company (including, without limitation, any stock dividend, stock split, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split - up, spin - off, combination, or
exchange of
shares), the terms of
outstanding awards may not be amended to reduce the exercise price of
outstanding Options or stock appreciation rights or cancel
outstanding Options or stock appreciation rights in
exchange for cash, other awards or Options or stock appreciation rights with an exercise price that is less than the exercise price of the original Options or stock appreciation rights without stockholder approval.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of
shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants
outstanding and which are described in this prospectus, or (ii) the transfer of
shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of
outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the
shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the
Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of
shares or securities was solely to us pursuant to the circumstances described in this bullet point;
the disposition of
shares of common stock to us, or the withholding of
shares of common stock by us, in a transaction exempt from Section 16 (b) of the
Exchange Act solely in connection with the payment of taxes due with respect to the vesting or settlement of RSUs granted under our equity incentive plans or pursuant to a contractual employment arrangement described elsewhere in this prospectus, insofar as such RSU is
outstanding as of the date of this prospectus; provided, that, if required, any public report or filing under Section 16 of the
Exchange Act will clearly indicate in the footnotes thereto that such disposition to us or withholding by us of
shares or securities was solely to us pursuant to the circumstances described in this clause;
the sale of
shares of common stock in an underwritten public offering that occurs during the restricted period, including any concurrent exercise (including a net exercise or cashless exercise) or settlement of
outstanding equity awards granted under our equity incentive plans or pursuant to a contractual employment arrangement described elsewhere in this prospectus in order to sell the
shares of common stock delivered upon such exercise or settlement in such underwritten public offering; provided that, if required, any public report or filing under Section 16 of the
Exchange Act will clearly indicate in the footnotes thereto that such disposition to us or withholding by us of
shares or securities was solely to us pursuant to the circumstances described in this clause; or
In addition, following this offering, purchasers in the offering will have contributed % of the total consideration paid by our stockholders to purchase
shares of common stock, in
exchange for acquiring approximately % of our total
outstanding shares as of September 30, 2009 after giving effect to this offering.
Adjusted pro forma net income represents net income attributable to Shake Shack Inc. assuming the full
exchange of all
outstanding SSE Holdings, LLC membership interests («LLC Interests») for
shares of Class A common stock, adjusted for certain non-recurring items that management believes do not directly reflect their core operations.
outstanding warrants to purchase
shares of our common stock, including our Related - Party Warrants, either (i) would be
exchanged for
shares of our common stock depending in part on the initial public offering price of this offering, (ii) would be exercised to the extent the exercise price per
share provided for therein is less than the initial public offering price of this offering or (iii) would expire or otherwise be cancelled; and
terminate either (a) each
outstanding option or (b) each
outstanding option that is fully exercisable as of the date of such transaction, in
exchange for a cash payment equal in amount to the excess, if any, of the fair market value, as determined by our board of directors, of a
share of our common stock over the per -
share exercise price of each such option, multiplied by the number of
shares subject to each such option.
Cevian, founded by Swedes Gardell and Lars Forberg, owns 168 million Ericsson B -
shares, 5.6 percent of the B -
shares outstanding, according to the filing from the U.S. Securities and
Exchange Commission.
Immediately following the Stock
Exchange, 18,361,614
shares of common stock of Croe were issued and
outstanding.
our currently
outstanding warrants to purchase
shares of our common stock, including our Related - Party Warrants, either (i) would be
exchanged for
shares of our common stock depending in part on the initial public offering price of this offering, (ii) would be exercised to the extent the exercise price per
share provided for therein is less than the initial public offering price of this offering or (iii) would expire or otherwise be cancelled; and
BOSTON (March 12, 2018)-- MFS Investment Grade Municipal Trust (the «fund»)(NYSE: CXH) announced today that it will conduct a cash tender offer to purchase up to 7.5 percent of the fund's
outstanding common
shares (the «
shares») at a price per
share equal to 98 percent of the fund's net asset value (NAV) per
share as of the close of regular trading on the New York Stock
Exchange (NYSE) on the date the tender offer expires.
GE said it expects to launch a
share exchange for Synchrony next week, which will allow it to significantly reduce the amount of GE stock
outstanding.
If the coin ends up tails (50 % chance), the government makes no
exchange, and each
outstanding share in the
share class expires worthless.
If any
Shares remain
outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of
Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in
exchange for
Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of
Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).
The Templeton closed - end Funds referenced above, which trade on the New York Stock
Exchange, announced today that each Fund's Board has approved a modification to the Funds» existing open - market
share repurchase programs to authorize each Fund to repurchase up to 10 % of a Fund's
outstanding shares in open - market transactions, at the discretion of management.
Moreover, given that the top five (by percentage ownership per Securities and
Exchange Commission public filings) Facet owners appear to represent over 45 % of the
outstanding shares, the Alternate Slate believes that the Company's management and Incumbent Board may, with only modest effort, conclude that the majority of Facet investors agree with the cash dividend and sale platform endorsed by the Alternate Slate.
As reported this morning in a 13D filing with the Securities and
Exchange Commission, Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC, and certain of its affiliates (collectively, «Ramius») owns approximately 6.2 % of the
shares outstanding of Aviat Networks Inc. («Aviat» or the «Company»), making us one of the Company's largest shareholders.
Each Class B
share, along with one Fortress Operating Group unit, can be
exchanged for one Class A
share... «Therefore, assuming ultimate conversion of all B
shares, there will be 514 mio A
shares outstanding and NO Principal's Int.
As the first widely used ETF, the Spiders represent the biggest
exchange - traded fund in the ETF universe, with 918 million
outstanding shares representing $ 194 billion in assets.
A regulated
exchange must establish position limits on security futures that are no greater than 13,500 (100
share) contracts, unless the underlying security meets certain volume and
shares outstanding thresholds, in which case the limit may be increased to 22,500 (100
share) contracts.
The statute defines «combination» to include any merger or consolidation with an «interested stockholder,» or any sale, lease,
exchange, mortgage, pledge, transfer or other disposition, in one transaction or a series of transactions with an «interested stockholder» having; (1) an aggregate market value equal to 5 percent or more of the aggregate market value of the assets of the corporation; (2) an aggregate market value equal to 5 percent or more of the aggregate market value of all
outstanding shares of the corporation; or (3) representing 10 percent or more of the earning power or net income of the corporation.
Which means the
outstanding share count gets bumped up from 819 M
shares to 1,981 M
shares, in
exchange for: i) The acquisition of Canyon Oil & Gas, a private company (in which Brian Hall, the Aminex Chairman, already has a small stake!).
We understand that MediciNova, Inc., a Delaware corporation, (the «Offeror») has made a non-binding, publicly disclosed offer (the «Offer») to acquire, pursuant to a proposed merger transaction, all of the issued and
outstanding shares of common stock, par value $ 0.001 per
share (the «Common Stock») of Avigen, Inc., a Delaware corporation (the «Company»), in
exchange for the Consideration (as defined below) pursuant to letters sent by the Offeror to the Company dated December 22, 2008 and February 9, 2009 (the «Letters»), which letters are contained in the Offeror's Current Reports on Form 8 - K filed with the Securities and Exchange Commission (the «SEC») on December 23, 2008 and February 9, 2009, respe
exchange for the Consideration (as defined below) pursuant to letters sent by the Offeror to the Company dated December 22, 2008 and February 9, 2009 (the «Letters»), which letters are contained in the Offeror's Current Reports on Form 8 - K filed with the Securities and
Exchange Commission (the «SEC») on December 23, 2008 and February 9, 2009, respe
Exchange Commission (the «SEC») on December 23, 2008 and February 9, 2009, respectively.
The Firm represented China National Agrochemical Corporation («CNAC») in connection with its acquisition by way of merger of 60 % of
outstanding shares in Makhteshim Agan Industries Ltd., an Israeli company listed on Tel - Aviv Stock
Exchange
Endeavour, a premier intermediate gold producer focussed on assets in the West African region, has acquired all of the issued and
outstanding ordinary
shares of Avnel in
exchange for the issue of new Endeavour
shares.
According to its September SEC filings, Elio Motors, which trades on OTCQX Market, an
exchange for smaller companies, has 25 million
shares outstanding.
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.
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.