It also suggests that although the schools gained extra
income upon conversion, little of this additional money was spent on frontline service such as extra teachers or learning resources.
Not exact matches
The unaudited pro forma basic and diluted net
income per share attributable to common stockholders, which has been computed to give effect to the assumed automatic
conversion of the redeemable convertible preferred stock into shares of common stock using the if converted method
upon the completion of a qualifying IPO and the elimination of the revaluation adjustment on the redeemable convertible preferred stock warrants due to the automatic
conversion of those warrants into common stock warrants (not subject to revaluation) as though the
conversion had occurred as of the beginning of the period.
It does not discuss all aspects of U.S. federal
income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal
income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «
conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock
upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).
Those funds hadn't been taxed ever before, so they would be subject to full
income tax
upon conversion.
The
conversion of energy resources, including both renewables (dependent
upon current solar
income) and fossils (benefitting from hundreds of millions of years of solar
income) for productive uses simply requires more energy and resources than in the past.