Sentences with phrase «offered as a convertible»

Believe it or not, but the first - generation Shelby GT350 Mustang was actually offered as a convertible from 1968 through 1970, although only a small number were produced.

The forthcoming Rolls - Royce Wraith will also be offered as a convertible, the manufacturer has confirmed.

Not exact matches

As of June 30, 2015, there were no shares of our Class A common stock and 291,005,896 shares of our Class B common stock outstanding, held by 611 stockholders of record, and no shares of our preferred stock outstanding, assuming the automatic conversion and reclassification of all outstanding shares of our convertible preferred stock into shares of our Class B common stock effective immediately prior to the completion of this offering.

As of September 30, 2015, there were no shares of our Class A common stock and 297,294,713 shares of our Class B common stock outstanding, held by 665 stockholders of record, and no shares of our preferred stock outstanding, assuming the automatic conversion and reclassification of all outstanding shares of our convertible preferred stock into shares of our Class B common stock effective immediately prior to the completion of this offering.

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)(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»).

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.

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).

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.

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.

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.

The pro forma stockholders» equity presents our stockholders» equity as though all of the convertible preferred stock outstanding automatically converted into shares of common stock on a 1 for 1 basis, except for the Series C convertible preferred stock which is convertible on a 1 for 1.05 basis (see Note 6), upon completion of a qualifying initial public offering.

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 economic outlook.

Assuming the conversion of all outstanding shares of our convertible preferred stock into shares of our Class B common stock, which will occur immediately prior to the completion of this offering, as of March 31, 2015, there were outstanding:

Blockchain Mining Ltd. reported yesterday that the Canadian company that was recently merged into it, Backbone Hosting Solutions Inc. (which trades as Bitfarms as a digital currency miner) had decided not to proceed with an offering of convertible bonds announced in March.

The purchase price per share in the tender offer represented an excess to the fair value of the Company's outstanding common stock and Series A through Series F convertible preferred stock, as determined by the Company's most recent valuation of its capital stock at time of the transaction.

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»).

Before becoming Vice Chairman, he also served as the CFO of CRA, where he led 2 successful, follow - on public equity offerings and an innovative convertible bond offering.

It's also easy to use: it's the only convertible under $ 100 that offers one - hand tray removal that's actually as simple as it sounds.

The UPPAbaby Cruz is a lightweight reversing seat (convertible) stroller designed with both parents and babies in mind; it is an engineered system that offers maximum flexibility from birth through the toddler years as your baby grows.

Pria 85 Max The newest car seat from Maxi - Cosi, the Pria 85 Max is the only premium convertible car seat that offers a first - class ride from as little as 5 lbs.

«Britax offers a full line of convertible and combination harness -2-booster seats that have some of the highest top harness slots in the industry to ensure that a child rides safely in a five - point harness as long as possible.»

Coconut oil does offer hope as nature's most abundant source of MCTs, and it is an easily convertible fuel source for ketones.

Named specially for our friends in the US, it seems, the Mini Convertible Sidewalk special edition offers a fancy leather - lined interior, manual air - conditioning, trip computer, multi-function steering wheel and ASC+T as standard.

Although company execs still see the twelve - cylinder engine as an important aspect of the brand, Bentley is now offering a V - 8 in the Continental GT and GTC convertible, environmental concerns (chiefly in Europe) being the incentive.

Audi continues to offer its S4, but only as a convertible (Cabriolet) for 2009.

There are a myriad of sedans, wagons, coupes, and even convertibles that offer four - wheel drive (usually called all - wheel drive in passenger cars) either as standard or optional equipment.

If these latest photographs do indeed show simply a convertible version of the DBS, we'll expect it to share the same, uprated 5.2 - litre twin - turbo V12 as the DBS, which should offer in the region of 700bhp.

What it is: Offered as a coupe or convertible, the retro - themed Volkswagen Beetle seats up to four people.

Every contemporary Corvette, including the C7.R, shares the same structurally rigid foundation — an aluminum frame with a backbone so stiff that the Z06 is offered as either a coupe (with a removable roof) or as a convertible, and no additional support is required for the open car.

Offered as a hatchback or a convertible, the retro - themed Volkswagen Beetle can have either of two gas engines or a diesel.

If a Lexus RC convertible comes to fruition, expect it to offer the same engine as its hardtop RC350 sibling, a 3.5 - liter V - 6 with 306 hp.

Boasting a 60 mm longer wheelbase as compared to the coupe and convertible variants, the Sportback is designed to offer similar rakish looks in a more practical package.

The Camaro Convertible offers the same roof line as the Camaro Coupe with a fully automatic soft - top that seamlessly disappears beneath the hard tonneau cover with the push of a single button — even at speeds up to 30 mph — or remotely using the key fob.

We offer plenty of options, including 2 - and 4 - door MINI Hardtops, as well as the MINI Cooper Convertible, which you're sure to enjoy on drives around the city or shore!

Vehicle Description: The Jaguar F Type, The Spiritual Successor To The Famous E Type Was Offered As The Replacement For The Jaguar XK, With The Convertible Version Introduced At The Sundance Film Festival In London.

Vehicle Description: The Jaguar F Type, The Spiritual Successor To The Famous E Type Was Offered As The Replacement For The Jaguar XK, With The Convertible Version Introduced At The Sundance Film Festival In London, With The Aggressive Coupe Unveiled To The World In 2013 At The Los Angeles & Tokyo Motor Shows.

Premium Package content has been added to the standard equipment on Coupe models, the M235i Convertible and the M235i xDrive Convertible, except for Leather upholstery, which is still offered as a standalone option.

Exclusivity Was The Main Goal As Only Thirty Cars Had Been Offered As A Total Number, With The Split Being Only Sixteen Coupes To Fourteen Convertibles Made, To Which All Cars Sold In Record Breaking Time And If We Fast Forward To 2018 These Limited Low Numbers Have Now Meant That The Opportunities To Find One Of The 30 Cars Is A Difficult Task To Achieve For That Global Collector.

Offered as a coupe or convertible, the sexy 2018 Mercedes - Benz AMG GT is a 2 - seat sports car with extreme luxury, power and performance.

This soft - top convertible offers the same balance and performance as the 370Z coupe, but with the unobstructed view only a drop - top can offer.

We will be offering THE EXORCIST as both a coupe and convertible.

The dramatic 370Z Roadster, designed from the outset as a convertible, is ready to join the awesome GT - R and thrilling 370Z Coupe to complete Nissan's sports car offering.

Offered as a coupe or convertible, the new AMG GT is a sophisticated supercar, with everyday civility, rear - wheel drive, an automatic transmission and a turbocharged V8 engine with as much as 577 horsepower.

The MX - 5 Miata is offered as a soft - top convertible and, in the RF, as a retractable fastback, with a power activated hardtop supported by handsome rear buttresses.

The convertible has rear - wheel drive only, but the base and F models continue to offer four - wheel drive as an option.

With the addition of the new Mercedes - AMG C43 to the C - Class lineup of sedan, coupe and convertible models, 2017 Mercedes - Benz C - Class family now offers serious performance as well as serious luxury.

Few cars blend spry handling, spunky style and premium appeal like a 2017 Mini Cooper, offered as a 2 - or 4 - door Hardtop, or a convertible.

For 2018, Audi's A3 compact - luxury sports car is offered as a sedan, convertible and, in the A3 Sportback e-tron, a plug - in hybrid hatchback.

The 2014 Mercedes - Benz C - Class coupe offers competitive power and luxury for thousands less, while the 2014 Mercedes - Benz E-Class convertible serves as a stately alternative to the Audi S5 Cabriolet.