Sentences with phrase «issue of additional shares»

When offset by the issue of additional shares (say, from the exercise of options), there is no benefit to owners.

Not exact matches

In the event the Company issues shares of additional stock, subject to customary exceptions, after the preferred stock original issue date without consideration or for a consideration per share less than the initial conversion price in effect immediately prior to such issuance, then and in each such event the conversion price shall be reduced to a price equal to such conversion price multiplied by the following fraction:

The additional shares of common stock will not be entitled to preemptive rights nor will existing stockholders have any preemptive right to acquire any of those shares when issued.

creation of additional shares of Series C convertible preferred stock; or (iii) effect a change of control, liquidation, dissolution, or winding up of the Company in which the holders of Series C convertible preferred stock would receive an amount per share less than the original issue price plus any declared but unpaid dividends on such shares of Series C convertible preferred stock.

All told, Retrophin paid $ 2,284,511 in cash, is owed over $ 200,000 in interest, issued 11,000 shares, forfeited 127,128 Fearnow Shares, and lost the opportunity to recover an additional 47,610 Retrophin shares, to settle the claims of these six disgruntled MSMB inveshares, forfeited 127,128 Fearnow Shares, and lost the opportunity to recover an additional 47,610 Retrophin shares, to settle the claims of these six disgruntled MSMB inveShares, and lost the opportunity to recover an additional 47,610 Retrophin shares, to settle the claims of these six disgruntled MSMB inveshares, to settle the claims of these six disgruntled MSMB investors.

Our board of directors is authorized, without stockholder approval except as required by the listing standards of NASDAQ, to issue additional shares of our capital stock.

As a result of these agreements, Retrophin paid out $ 2.8 million in cash and issued 11,000 Retrophin shares, and Shkreli diverted an additional 47,610 Retrophin shares for the benefit of himself and his MSMB Funds, resulting in a benefit to him and to them of more than $ 4.5 million (at current market prices).1

In connection with the acquisition of XA Secure, the Company also issued 265,012 shares of restricted stock, issued 318,966 options to purchase the Company's common stock and may be required to pay an additional $ 3.92 million to certain key employee - shareholders of XA Secure.

(a) Share of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised asShare of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised asshare of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

We could have a more informed discussion of these issues if providers could share additional information, including aggregate statistics on the number of any national security orders they may receive.»

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

You will experience additional dilution when those holding options exercise their right to purchase common stock under our equity incentive plans, when RSUs vest and settle, when we issue restricted stock to our employees under our equity incentive plans, or when we otherwise issue additional shares of our common stock.

If an additional U.S. $ 250 million of Debentures is issued and all U.S. $ 1.25 billion of Debentures were converted, the common shares issued upon conversion would represent approximately 19.2 % of the common shares after giving effect to the conversion, based on the number of common shares currently outstanding.

Our board of directors is authorized, without stockholder approval except as required by the listing standards of the, to issue additional shares of our capital stock.

To the extent that outstanding options are exercised, new options are granted under our equity incentive plans or we issue additional shares of common stock in the future, there will be further dilution to the new investors participating in this offering.

The decisive issue for Canada in joining the CPTPP is thus no longer the defensive case that drove it into the TPP in the first place, but an offensive case of capturing additional market share in East Asia.

Therefore, as noted previously, if stockholders approved the Newly Amended Plan and all of 172,500,000 additional shares are issued as full - value awards, the total number of shares issued under the Newly Amended Plan would be 74,353,449.

I am grateful to CT's editors for the invitation to share some additional thoughts about these and related issues, and I plan to do so in a series of essays in the coming months.

I am therefore pleased to be able to give him this additional chance today, while we are still in 2011, to embrace this issue with the enthusiasm that I know he shares and to announce the establishment of the West Lothian commission.

These numbers show that many schools and teachers need additional support in addressing the issue of bullying and validate the fifth recommendation: «Because 20 percent of teachers shared that their schools» response to bullying is ineffective, TDOE could provide resources to CORE offices for dissemination to districts and schools.»

Continue the development of the Toolkit, by updating of Version 1.0, to include DOT and public feedback as well as additional sections on specific issues such as: safety (NHTSA), pipelines (PHMSA), climate change, and emerging technologies, sharing economy and alternative fuels (OST Research).

A couple more nutsy - boltsy issues: If you receive any dividends, interest or other distributions paid to you in cash (as opposed to reinvested in your portfolio as additional shares), those payments would be considered part of your withdrawal.

Companies will sometimes raise capital by some other means than issuing additional shares of stock.

The «ideal» form of this is a «stock split»; the company simply multiplies the number of shares it has outstanding by X, and issues X-1 additional shares to each current holder of one share.

Depending upon the issue price of new equity, the BFC Preferred could see a reduction to its conversion price of 15 % -25 %, and thereby gain an additional 300,000 - 500,000 shares upon conversion.

In this instance, a company issues a finite number of shares through an initial public offering (IPO), and possibly subsequent additional offerings, which then trade in the secondary market.

Historically, existing shareholders have seen their claim on total corporate profits diluted at a rate of 2 percentage points a year, as new companies emerge and existing companies issue additional shares.

Assuming you are saying that the company issues 20,000 additional shares of its own stock and sells them for $ 8 each: The money from the sale is not income and not part of earnings.

April 7, 2016 Wintergreen Advisers today announced that it intends to vote against certain proxy items proposed by Consolidated - Tomoka Land Co., including the Item 5 proposal to issue additional shares of common stock.

A company can issue a stock dividend in which additional shares are distributed to existing shareholders, or it can issue a dividend of property.

E.g if a company issued additional shares (at a price greater than book value) just prior to the last quarter's end, none of the premium's benefit would be showing in earnings.

A term in a company's charter that states that if a company wishes to issue additional new shares they must give the right of first refusal to the existing shareholders.

Phil underscores the importance of acquiring stakes in companies with a strong financial foundation that warrants additional borrowing for e.g. expansion rather than issuing / selling shares.

The biggest benefits of having an IRA account with the mutual fund company that issues the fund you want to invest in is there will be no additional charge when buying or selling shares of the fund, which isn't the case most of the time if you invest in the fund through a third party, whether it's another fund company or broker.

Often companies in Canada will issue shares on the NYSE as a means of creating additional capital for them to invest and give exposure to US investors to invest in their native currency.

Then last month additional preferred units were issued to fund the buyout of the balance of the outstanding Handy & Harman shares not owned by Steel Partners.

Rights issue of TTT: no date or details given, but based on the share count provided for the phase 3 spinoff of KID shares it could be assumed that rights will be issued on a 1:4 basis, 1 right for each 4 shares of TTT held, each right allowing the holder to purchase 1 additional share of TTT at some to - be-determined discount.

A bonus issue is common among British companies, wherein free additional shares are added to the positions of existing shareholders.

These stock options and warrants, for which cash would need to be remitted to us for exercise, represent an additional 2,563,259 shares of common stock that could be issued in the future.

Assuming you are saying that the company issues 20,000 additional shares of its own stock and sells them for $ 8 each:

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.

In Nov - 2014, an additional 5.3 million shares were issued at EUR 0.90 per share, but the logic here was obvious — it was used to fund / incentivise the retirement of a majority of One51's remaining CLNs (& related interest coupon) at the bargain price of 50 cents on the euro.

If the award of the procurement contract is announced prior to the closing, VaxGen will receive credit for the $ 3 million milestone payment in calculating net cash at closing, and OXiGENE will issue to VaxGen stockholders at the closing additional shares based on the size of the contract awarded to Emergent.

Note that OXGN will be entitled to receive additional milestone payments and royalties from Emergent for a period of 12 years from commercial sale with no obligations to issue additional shares to VXGN stockholders.

We are maintaining our estimate of the company's net cash value but reducing the per share estimate to $ 5.59 because there is additional stock on issue.

OXiGENE will also place an additional approximately 8.5 million shares of newly issued common stock in escrow to be issued contingent upon certain occurrences over the two - year period following the closing.

The agreement in principle, which has to be finally approved by all claimants, calls for a compensation payment to former IMMOEAST shareholders through the issue of 30,019,578 additional shares of IMMOFINANZ (ISIN AT0000809058) at a ratio of 0.088 shares of IMMOFINANZ AG for each former IMMOEAST share (ISIN Code AT000A0GYT7).

Summit raised the additional capital through an issue of 8,333,333 new ordinary shares (before expenses) whereby the proceeds will be used to: accelerate preparatory activities for a placebo controlled clinical trial of the utrophin modulator ezutromid in patients with -LSB-...]

Dropbox has had more than its fair share of security issues over the last year, prompting many lawyers and technologists to advise against using the service, to employ additional layers of security, or to suggest alternative services such as Box.