Sentences with phrase «for liquidation distributions»

In the proxy management provides a range of value for liquidation distributions of between $ 13.79 and $ 15.79 per common share.

Not exact matches

In addition, the amount of the fund's income distributions will vary over time and the breakdown of returns between fund distributions and liquidation proceeds will not be predictable at the time of your investment, resulting in a gain or loss for tax purposes.

After payment of the full liquidation preference of the Series A, Series A-1, Series B, and Series C, the entire remaining amounts legally available for distribution will be distributed to the holders of our common stock pro rata based on the number of shares held by each holder.

For 1099 purposes, the distributions must be stock dividends, capital gain distributions, nontaxable distributions, or liquidation distributions paid on stock.

In the 13D filing the individual states his intent which is «As Aspen currently has no active business operations and a significant amount of liquid assets, (individual name) believes that there is broad shareholder support for the implementation of a plan of liquidation and distribution of substantially all the proceeds from the Sale and Aspen's additional liquid assets to Aspen's shareholders.

Any shareholders remaining in the fund on the distribution date will automatically have their shares redeemed for cash at the net asset value as of the liquidation date.

The only other document I could find is this distribution chart for Motors Liquidation Company.

The court denied his request to dismiss the case and ordered the seizure of the undisclosed assets for liquidation and distribution to his creditors.

You are right that, given the composition of the Board, it is more than likely liquidation distributions could be made this year or early next, but my guess is that they will hold on to 20 % of the cash to cover any contingencies at least for a year.

The latest estimate of liquidation distributions, made in late July 2016, was for $ 10.61 per share (which excluded $ 7.75 per share in previous distributions).

Generally these type of investments do not make sense for an IRA as one most often is looking for long term capital gains treatment from liquidation distributions greater than the purchase price.

This drop reflected the natural tendency for incentive distributions to shrink and become more sporadic, given that crisis - era fund Opps VIIb is far along in its liquidation, coupled with the fact that most other closed - end funds are not yet at the stage of their distribution waterfall where Oaktree is entitled to incentive distributions other than tax related ones.

In addition, REITs are dependent on specialized management skills and on their ability to generate cash flow for operating purposes and to make distributions to shareholders or unitholders REITs may have limited diversification and are subject to risks associated with obtaining financing for real property, as well as to the risk of self - liquidation.

If, prior to its dissolution, the Company receives an offer for a transaction that will, in the view of the Board, provide superior value to stockholders than the value of the estimated distributions under the Plan, taking into account all factors that could affect valuation, including timing and certainty of payment or closing, credit market risks, proposed terms and other factors, the Plan of Liquidation and the dissolution could be abandoned in favor of such a transaction.

If the Company's shareholders approve the Plan, the Company intends to file articles of dissolution, satisfy or resolve its remaining liabilities and obligations, including but not limited to contingent liabilities and claims, ongoing clinical trial obligations, lease obligations, severance for terminated employees, and costs associated with the liquidation and dissolution, and make distributions to its shareholders of cash available for distribution, subject to applicable legal requirements.

JSM Indochina (JSM: LN) was an example of this for me — during its wind - down (it's now switching to a liquidation), I was aghast to discover that distributions were, in fact, dividends and I was only saved by the NAV discount I'd captured in the first place.

That means I would be investing at most $.03 per share for the possibility of further upside if some of the withheld cash ($ 12 million in the low distribution scenario) is left over at the end of the liquidation process and / or a buyer can be found for some of the intellectual property developed with shareholder» $ 100 million investment.

The most recent 10Q is a little troubling because it doesn't mention the two $ 2M distributions, which account for about $ 0.07 of value in the liquidation.

We will have a better estimate for the likely distribution when the company files its Plan of Complete Liquidation and Dissolution of the Company.

As Aspen currently has no active business operations and a significant amount of liquid assets, Mr. Tombar believes that there is broad shareholder support for the implementation of a plan of liquidation and distribution of substantially all of the proceeds from the Sale and Aspen's additional liquid assets to Aspen's stockholders.

I think they may want to grow the company (and thus their salaries) rather than «prettying up» the company for a potential suitor or returning value to shareholders in the form of dividends or liquidation distributions.

Moreover, if the Company's stockholders approve the Plan of Liquidation, the Company intends to file a certificate of dissolution, delist its shares from NASDAQ, sell and monetize its non-cash assets, satisfy or settle its remaining liabilities and obligations, including any contingent liabilities and claims, terminate its remaining employees throughout the wind down period, and make one or more distributions to its stockholders of cash available for distribution.

The fund may in certain circumstances be required to liquidate fund investments to make sufficient distributions to avoid federal excise tax liability at a time when the investment adviser might not otherwise have chosen to do so, and liquidation of investments in such circumstances may affect the ability of the fund to satisfy the requirements for qualification as a RIC.