Not exact matches
The
company's board put a special provision in Papa's employment agreement that turbocharges his pay the way a videogame might when a player levels up
into bonus points mode: If Valeant's
stock price reaches a new high
of at least $ 270 a
share in the next three years, Papa gets double the allotment
of performance - based
stock.
Apple's
stock dipped at the start
of 2016 due to concerns over a slowdown in iPhone sales, though
share prices have since rebounded
into positive territory for the year amid investor optimism for the
company's new line
of products.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses
into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common
stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8)
company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined
company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common
stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21) risks relating to the value
of the United Technologies»
shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined
company, to retain and hire key personnel.
Stock options allow employees to purchase
shares in their
company at a price fixed when the optionis granted (the grant price) for a defined number
of years
into the future.
The
company's board decided to exercise its authority and reassemble the tracking
stocks into a single ticker, FON, by exchanging
shares of PCS for it, hunkering down to try and make it through the storm.
Upon the consummation
of the initial public offering contemplated by the
Company, all
of the outstanding
shares of convertible preferred
stock will automatically convert
into shares of common
stock.
Upon the consummation
of the initial public offering contemplated by the
Company, all
of the outstanding
shares of convertible preferred
stock will automatically convert
into shares of Class B common
stock.
What makes these bonds «convertible» is that the holder
of the bond has the right to convert it
into shares of the
company's common
stock.
In contemplation
of the
Company's initial public offering, the
Company has presented unaudited pro forma basic and diluted net loss per
share of common
stock, which has been calculated assuming the conversion
of all series
of the
Company's convertible preferred
stock (using the as - if converted method)
into shares of common
stock as though the conversion had occurred as
of the beginning
of the period or the original date
of issuance, if later.
Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «
Company») and ILG (Nasdaq: ILG) today announced that they have entered
into a definitive agreement under which MVW will acquire all
of the outstanding
shares of ILG in a cash and
stock transaction with an implied equity value
of approximately $ 4.7 billion.
ORLANDO, Fla. and MIAMI — April 30, 2018 — Marriott Vacations Worldwide Corporation (NYSE: VAC)(«MVW» or the «
Company») and ILG (Nasdaq: ILG) today announced that they have entered
into a definitive agreement under which MVW will acquire all
of the outstanding
shares of ILG in a cash and
stock transaction with an implied equity value
of approximately $ 4.7 billion.
The
Company has entered
into restricted
stock purchase agreements with certain founders and employees for the issuance
of up to 16,084,442
shares of restricted common
stock in exchange for services.
In September 2013, the
Company entered
into a common
stock purchase agreement with an affiliate
of AT&T covering the sale and issuance
of 780,539
shares of the
Company's
stock for a nominal amount
of consideration (AT&T is listed as Customer E in Note 2).
Turning illiquid private -
company stock into cash by selling
shares to the public required engaging a top investment bank, which typically wouldn't take a
company public until it had had five profitable quarters
of increasing revenue.
Conversion Rights — All convertible preferred
stock will be automatically converted
into common
stock upon (i) the closing
of an underwritten public offering
of shares of common
stock of the
Company at a public offering price per
share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval
of at least (a) holders
of 66 %
of the Series A convertible preferred
stock, voting as a single class on an as - converted basis; (b) holders
of a majority
of the Series B convertible preferred
stock, voting as a single class on an as - converted basis; (c) holders
of a majority
of the Series D convertible preferred
stock, voting as a single class on an as - converted basis; and (d) the holders
of at least a majority
of the then outstanding
shares of convertible preferred
stock (voting together as a single class and not a separate series, and on an as - converted basis).
What happened is that the early privatizers bled their
companies while selling
shares to the workers at prices that were being inflated by the flow
of wage set - asides
into the
stock market.
The so - called boom that ensued was a
stock - market bubble created by channeling wage withholding
into shares of the
companies taken over by Chile's kleptocrats.
The unaudited pro forma information as
of March 31, 2015 presents the
Company's stockholders» equity as though all
of the
Company's redeemable convertible preferred
stock outstanding had automatically converted
into shares of common
stock upon the completion
of a qualifying initial public offering («IPO»)
of the
Company's common
stock.
Upon closing
of the proposed transaction all
of the issued and outstanding
shares of capital
stock of MoPub, and all equity awards to purchase
shares of MoPub common
stock held by individuals who will continue to provide service to the
Company, will be converted
into the right to receive an aggregate
of 14.8 million
shares of the
Company's common
stock.
The unaudited pro forma basic and diluted net loss per
share have been computed to give effect to the conversion
of the
Company's redeemable convertible preferred
stock and warrants (using the if - converted method)
into common
stock and common
stock warrants, respectively.
The Series A Preferred shall also be convertible
into any future series
of Preferred
Stock (the «Future Preferred») under either
of the following circumstances: (a) if such conversion is approved by the Board or (b) if such conversion is in connection with a future Preferred
Stock equity financing in which the
Company's fully diluted pre-money valuation is greater than the
Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the option
of the holder; provided however, if such conversion is in connection with a Future Financing, that the holder may convert
into shares of Future Preferred only in the event that all
of such
shares of Future Preferred received by the holder upon conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing
of the Future Financing at a price per
share no lower than the price per
share at which the
Company sells
shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party
of the holder.
75 %
of the portfolio should be allocated
into stocks of «good» or even «great»
companies whose
share price is lower than what we would consider as fair value («Core value»).
Today we are digging deeper
into one
of those
stocks: KLA Tencor (KLAC: $ 90 /
share), the most profitable
company in the industry and this week's Long Idea.
Finally, GM's quick repayment
of the loans has whetted the appetite
of some commentators (including DeCloet) for the ultimate repayment
of the full government contribution. That would occur through the issuance
of public equity by GM and Chrysler, creating a market for those
stocks into which the government would presumably sell its
shares. There is even some nefarious language in the rescue packages requiring the government to sell off its
shares within specified, relatively aggressive timelines. The more I think about it, the less this makes sense — neither for the auto industry, nor for taxpayers. Why not hang onto the equity stake? If the
companies recover and the equity gains market value, then the government will be able to claim that on its balance sheet (hence officially recouping the cost
of its written - off contributions and creating a budgetary gain).
The Preferred
Stock is initially convertible
into 2,000,000
shares of the
Company's Common
Stock, based on a conversion price
of $ 1.50 per
share.
SACRAMENTO, California, September 14, 2017 / PRNewswire / — RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «
Company» or «RBT»), a global leader in the production and marketing
of value - added products derived from rice bran, announced today that Continental Grain
Company, one
of the oldest food and agribusiness
companies in the world, has entered
into an agreement to purchase 2.7 million
shares of RiceBran Technologies common
stock from the
Company for $ 2.9 million.
The equity component consists
of $ 2 million
of Series «G» convertible preferred
stock (the «Preferred Stock») convertible into 1,897,983 shares of the Company's Common Stock, based on a conversion price of $ 1.05375 per s
stock (the «Preferred
Stock») convertible into 1,897,983 shares of the Company's Common Stock, based on a conversion price of $ 1.05375 per s
Stock») convertible
into 1,897,983
shares of the
Company's Common
Stock, based on a conversion price of $ 1.05375 per s
Stock, based on a conversion price
of $ 1.05375 per
share.
The Preferred
Stock shall be convertible
into 2,000,000
shares of the
Company's Common
Stock, based on a fixed conversion price
of $ 1.50 per
share.
You work like demons, bring a product
into reality and, 6 months later, stand together on the floor
of the New York
Stock Exchange as your
company's
shares trade publicly for the first time.
After T - Mobile and Sprint said they have ceased discussions to merge
into a single entity back in November, both the
company today announced a they have entered
into a definitive agreement to merge in an all -
stock transaction at a fixed exchange ratio
of 0.10256 T - Mobile
shares for each Sprint
share or the equivalent
of 9.75 Sprint
shares for each T - Mobile US
share.
I'm considering converting my small business
into a worker co-op where all employees are also owners
of the
company, and I'm wondering how each worker's
share (e.g. in the case
of preferred
stock) and the value
of standard
shares can be tracked and managed.
The ratio provides insight
into the trade off between the price
of the
stock, the earnings per
share, and
company's expected growth rate!
However, it turns out to be a little more complicated than that because
companies do not
share the same valuation, meaning that some
companies allow you to buy more future profits than others when you take
into account the current price
of the
stock in question.
What makes these bonds «convertible» is that the holder
of the bond has the right to convert it
into shares of the
company's common
stock.
We'll start with the fact that there is [sic] essentially four kinds
of penny
stock companies in the Pump & Dump world: (1) the kind where the management is in on the scam and is directly knowledgeable and complicit with the intent to deceive the public; (2) the kind where some poor schmoe has a great idea (at least he thinks it is) that requires financing, and becomes the mark
of a parasitic «funder» who makes all kinds
of promises
of unlimited monies and riches beyond the mark's wildest dream; (3) the kind where the
company is absolutely for real but the
shares have been hyped (sometimes hijacked)
into ridiculous valuations; and, (4) a hijacked empty and inactive shell.
The Preferred
Stock has an initial stated value
of $ 1,080 and is convertible
into shares of the
Company's Common
Stock at a conversion price equal to the lesser
of (a) $ 1.22, subject to certain adjustments, and (b) 87.5 %
of the lowest volume weighted average price
of the
Company's Common
Stock during the ten trading days ending on, and including, the date
of the notice
of conversion.
For example if the
stock price
of ABC Incorporated is $ 300 and the
company wants to do a 2 for 1 split then each current
share will turn
into 2 new
shares worth half as much or $ 150.
It takes
into account cash and debt just as if you were purchasing the entire
company instead
of the fraction you're purchasing with a
share of stock.
Each
share of Class A Common
Stock issued and outstanding immediately prior to the Effective Date was converted, as
of the Effective Date,
into the right to receive $ 3.075 per
share, less any required withholding taxes, plus a contingent right to receive an additional pro rata cash amount if RISCORP recovers any amounts in connection with the litigation currently pending against Zenith Insurance
Company and Arthur Andersen LLP.
All warrants to purchase
shares of Company's common
stock which by their terms will survive the merger and which have not been cancelled prior to the merger will be assumed by OXiGENE, but will be converted
into and become warrants to purchase
shares of OXiGENE common
stock on terms substantially identical to those in effect prior to the merger, except that the number
of shares purchasable and exercise price shall be adjusted as set forth in such assumed warrants.
I am new to
shares and the
stock market, and I was just wondering, when considering which
companies to buy
into, why should I consider the EPS as a factor
of whether or not I should buy in?
The warrants feature full anti-dilution protection, including preservation
of the right to convert
into the same percentage
of the fully - diluted
shares of the
Company's common
stock that would be outstanding on a pro forma basis giving effect to the issuance
of the
shares underlying the warrants at all times, and «full - ratchet» adjustment to the exercise price for future issuances (in each case, subject to certain exceptions), and adjustments to compensate for all dividends and distributions.»
In terms
of your
company stock, you don't have to sell it; you can just transfer those
shares directly
into your Tax Free Savings Account, provided that it is held within a brokerage.
Owners
of common
stocks also receive a vote for every
share they own which come
into play during shareholder meetings where things like board
of director elections are held and other
company business is decided.
At issue is the proper treatment
of taxpayers who receive
shares of stock when a mutual insurance
company that issued policies to them converts
into a regular corporation.
Occasionally,
companies find it necessary to concentrate the voting power
of a
company into a specific class
of stock, in which a certain set
of people own the majority
of shares.
In the case
of a
stock split, a
company decides to divide its existing
shares into multiple
shares.
With a DRIP, you can reinvest the dividends that you earn back
into the
company that you own
stock in, through the purchase
of additional
shares of stock in the
company.
Value derived by dividing a
company's 12 month earnings per
share into the current price
of one
share of its
stock.
An Equity Fund, for instance, would try to spread their investment portfolio
into shares of stock from 30 or more different companies listed in the Philippine Stock Exchange (
stock from 30 or more different
companies listed in the Philippine
Stock Exchange (
Stock Exchange (PSE).