While the value
of a convertible security also tends to rise when the underlying common stock value rises, it will not rise as much because its conversion value is
While the value
of a convertible security also tends to rise when the underlying common stock value rises, it will not rise as much because its conversion value is more narrow.
The convertible security issued by MNOV would allow each AVGN stockholder at their election to either (i) convert each share
of the convertible security into MNOV at a conversion price of $ 4.00 per share or (ii) have the convertible security redeemed for cash in an amount per share that represents the Net Cash Assets per share of AVGN.
This price is equal to the market price
of convertible security divided by the conversion ratio.
Perth companies Valmec and Northern Minerals have struck agreements to raise up to a combined $ 8.2 million through the issue
of convertible securities.
The company then registers with the SEC the resale of the common stock issued in the private placement, or issued upon conversion
of the convertible securities issued in the private placement.
See the Investor Handbook for more information on Franklin Templeton 529 College Savings Plan, including sales charges, expenses, general risks of the Plan, general investment risks and specific risks of investing in Plan portfolios, which can include risks
of convertible securities; country, sector, region or industry focus; credit; derivative securities; foreign securities, including currency exchange rates, political and economic developments, trading practices, availability of information, limited markets and heightened risk in emerging markets; growth or value style investing; income; interest rate; lower - rated and unrated securities; mortgage securities and asset - backed securities; restructuring and distressed companies; securities lending; smaller and midsize companies; credit linked securities, life settlement investments, and stocks.
Not exact matches
Convertible bonds are
securities that pay interest, but give the bondholders the right to convert them to equity shares; they're basically a way to bet on the growth potential
of a company without taking the risk
of buying common shares.
Except as expressly provided in the Plan, no issuance by Google
of shares
of stock
of any class, or
securities convertible into shares
of stock
of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number
of shares or amount
of other property subject to, or the terms related to, any Incentive Award.
Except as expressly provided in the Plan, no issuance by Alphabet
of shares
of stock
of any class, or
securities convertible into shares
of stock
of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number
of shares or amount
of other property subject to, or the terms related to, any Incentive Award.
At least 80 percent
of the fund's assets are invested in equity
securities, including common stock, preferred stock,
convertible securities, rights and warrants and depository receipts
of companies located in the China region.
Debt
securities convertible into equity could be subject to adjustments in the conversion ratio pursuant to which certain events may increase the number
of equity
securities issuable upon conversion.
Convertible bonds are hybrid
securities sold to investors who want to enjoy the upside
of equities while still benefiting from the downside protection
of bonds.
Our team
of credit professionals deliver sales and trading capabilities across a wide range
of fixed income asset classes including high yield, distressed and investment grade bonds,
convertible bonds, public and private corporate
securities, leveraged loans and emerging market debt.
If we raise additional funds through further issuances
of equity,
convertible debt
securities, or other
securities convertible into equity, our existing stockholders could suffer significant dilution in their percentage ownership
of our company, and any new equity
securities we issue could have rights, preferences, and privileges senior to those
of holders
of our Class A common stock.
Shorting the
security is the process
of exercising a short sale
of the
convertible stock.
Except as expressly provided in the Plan, no issuance by J. Crew Group, Inc.
of shares
of stock
of any class, or
securities convertible into shares
of stock
of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number
of shares or amount
of other property subject to, or the terms related to, any Incentive Award.
The holder
of the
convertible bond is willing to accept a lower coupon for the potential upside appreciation
of the
security.
Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertibl
Convertible Auction Rate Preferred Stock - a
convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertibl
convertible auction rate preferred stock is a certain type
of an auction related preferred stock that can be converted into shares
of the underlying
security an underlying
security is a commodity or
security, which is subject to delivery when an option is exercised on a
convertibleconvertible security.
warrants to purchase shares
of our common stock or any
securities that are
convertible into, exchangeable for, or that represent the right to receive, shares
of our common stock or any such substantially similar
securities, or publicly disclose the intention to make any offer, sale, pledge, disposition or filing; or
Marriott Vacations Worldwide Corporation (NYSE: VAC)(the «Company») announced today that it intends to offer, subject to market and other conditions, $ 200 million aggregate principal amount
of convertible senior notes due 2022 (the «notes») in a private offering to qualified institutional buyers pursuant to Rule 144A under the
Securities Act
of 1933, as amended (the «
Securities Act»).
Convertible Debt - the term convertible debt basically, means securities that can be converted to other specified amounts of another security at the option of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a speci
Convertible Debt - the term
convertible debt basically, means securities that can be converted to other specified amounts of another security at the option of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a speci
convertible debt basically, means
securities that can be converted to other specified amounts
of another
security at the option
of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a specific period.
Although not, strictly speaking, leveraged stock,
securities are
convertible into common stock to provide an extra degree
of the leverage when bought...
As
of September 30, 2014, the holders
of 52,132,350 shares
of our common stock, including our common stock issuable in connection with the automatic conversion
of all outstanding shares
of our
convertible preferred stock into shares
of our common stock and the holder
of a warrant to purchase 6,500,000 shares
of our common stock, are entitled to rights with respect to the registration
of their shares following this offering under the
Securities Act.
Robert has a strong grounding in financial services and market temperament and in depth knowledge
of investment banking and wealth management products, which was reinforced during his time as the Director, US
Convertible Securities Sales for the Bank
of Tokyo - Mitsubishi UFJ.
The fund has appointed former Bank
of Tokyo - Mitsubishi UFJ director
of US
convertible security sales Robert Kallish to head up the New York operation as managing director international.
in the case
of our directors, officers, and
security holders, the conversion or reclassification
of our outstanding
convertible preferred stock or other classes
of common stock into shares
of Class B common stock in connection with this offering and the conversion
of Class B common stock to Class A common stock in accordance with our restated certificate
of incorporation, provided that any such shares
of Class A common stock or Class B common stock received upon such conversion or reclassification shall remain subject to the restrictions set forth above;
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;
We, our officers and directors, and holders
of substantially all
of the outstanding shares
of our common stock including the selling stockholders, have agreed with the underwriters, subject to certain exceptions, not to offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose
of any shares
of common stock, options or warrants to purchase shares
of common stock or
securities convertible into, exchangeable for or that represent the right to receive shares
of common stock, whether now owned or hereafter acquired, during the period from the date
of this prospectus continuing through the date 180 days after the date
of this prospectus, except with the prior written consent
of each
of Goldman, Sachs & Co., Morgan Stanley & Co..
The
convertible notes payable were
convertible at the election
of the note holder into either the
securities issuable in a subsequent round
of financing at the per share price
of such financing, or into Series D
convertible preferred stock at a per share price
of $ 2.44.
Given the absence
of a public trading market
of our common stock, and in accordance with the American Institute
of Certified Public Accountants Accounting and Valuation Guide, Valuation
of Privately - Held Company Equity
Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economi
Securities Issued as Compensation, our board
of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate
of fair value
of our common stock, including independent third - party valuations
of our common stock; the prices at which we sold shares
of our
convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges
of our
convertible preferred stock relative to those
of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack
of marketability
of our common stock; the hiring
of key personnel and the experience
of our management; the introduction
of new products; our stage
of development and material risks related to our business; the fact that the option grants involve illiquid
securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economi
securities in a private company; the likelihood
of achieving a liquidity event, such as an initial public offering or a sale
of our company given the prevailing market conditions and the nature and history
of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose
of any shares
of our common stock, options or warrants to purchase shares
of our common stock or
securities convertible into, exchangeable for or that represent the right to receive shares
of our common stock; or
This could happen for a variety
of reasons — such as new share issuances for mergers and acquisitions, stock options given to executives, or dilutive
securities such as warrants or
convertible preferred stock.
We, our executive officers and directors and substantially all
of our stockholders and holders
of options and warrants have agreed that, for a period
of 180 days from the date
of this prospectus, subject to customary limited exceptions, we and they will not, without the prior written consent
of Barclays Capital Inc. and Deutsche Bank
Securities Inc., dispose of or hedge any shares or any securities convertible into or exchangeable for our com
Securities Inc., dispose
of or hedge any shares or any
securities convertible into or exchangeable for our com
securities convertible into or exchangeable for our common stock.
Under normal market conditions, the World Precious Minerals Fund will invest at least 80 %
of its net assets in common stock, preferred stock,
convertible securities, rights and warrants, and depository receipts
of companies principally engaged in the exploration for, or mining and processing
of, precious minerals such as gold, silver, platinum group, palladium and diamonds.
September 19, 2017 - Marriott Vacations Worldwide Corporation (NYSE: VAC)(the «Company») announced today that it intends to offer, subject to market and other conditions, $ 200 million aggregate principal amount
of convertible senior notes due 2022 (the «notes») in a private offering to qualified institutional buyers pursuant to Rule 144A under the
Securities Act
of 1933, as amended (the «
Securities Act»).
Equity Commitment Note - an equity commitment note is a type
of mandatory
convertible, which can be exchanged for stock once the
security reaches maturity, but not before.
The Fund may also invest in
convertible securities of American issuers or equivalent equity
securities.
Bonds and stock
of Germany's largest bank have plunged this year, with the shares shedding 39 percent
of their value and its contingent
convertible bonds — known as CoCos, or additional Tier 1
securities — turning in a similar performance.
Invests in common stocks and
convertible securities of mid cap companies it believes demonstrate high - quality businesses with growth rates that exceed the overall market
Pluris» proprietary LiquiStat database includes valuation data from recent sales
of illiquid assets: restricted stock, warrants, options,
convertibles, auction rate
securities, structured products, bankruptcy claims, private company stock, and limited partner interests.
To provide superior long - term investment returns by investing in a diversified portfolio
of Canadian common shares,
convertible debentures and other equity related
securities.
We provide brokerage services in a wide range
of credit instruments, including credit derivatives, asset - backed
securities, hybrid
securities, preferred
securities, distressed
securities,
convertible bonds, corporate bonds, credit derivatives and high yield bonds.
The model «
Convertible Security» Yokum has published also incorporates that clever feature of more sophisticated note templates, whereby the holder of the convertible instrument gets no more preferred equity for her investment than does the new money in the Qualified Financing, and takes her discount in the form of com
Convertible Security» Yokum has published also incorporates that clever feature
of more sophisticated note templates, whereby the holder
of the
convertible instrument gets no more preferred equity for her investment than does the new money in the Qualified Financing, and takes her discount in the form of com
convertible instrument gets no more preferred equity for her investment than does the new money in the Qualified Financing, and takes her discount in the form
of common shares.
«Internationally, it is considered that the extension
of AML / CTF regulation to include
convertible digital currency exchanges would encourage innovation and investment by ensuring service providers have greater certainty and
security in their dealings with digital currency businesses, while reducing the money laundering and terrorism financing risks associated with this emerging technology.»
To provide investors with a source
of monthly income, with the potential for long - term growth through capital appreciation and growth in dividends by investing primarily in common shares,
convertible debentures and other equity related
securities of U.S. issuers.
Shareholder Approval Requirements: NYSE American requires a listed company to obtain the approval
of its shareholders for certain types
of securities issuances, including private placements that may result in the issuance
of common shares (or
securities convertible into common shares) equal to 20 % or more
of presently outstanding shares for less than the greater
of book or market value
of the shares.
Percent
of net assets figures represent the Fund's exposure based on the economic value
of securities adjusted for futures, options, swaps and
convertible bonds.
Impossible Foods announced the successful closing
of about $ 114 million in
convertible note financing.The food technology startup has raised approximately $ 214 million in the past 18 months for a total venture funding
of about $ 396 million since the company's founding, according to documents filed with the US
Securities and Exchange Commission.
Security of your kids is much valued with
convertible three or five point safety harnesses with harness covers that provide comfort for your kids as they grow.