Sentences with phrase «preferred stock of the company»

The Fund generally invests at least 80 % of its net assets in common and preferred stock of companies located in emerging market countries.

I believe that the equity of a company needs to be priced to return more than the longest unsecured debt or preferred stock of the company.

Not exact matches

As previously announced, the company issued an additional $ 34.5 million of 5.25 % Class M cumulative redeemable preferred stock after the underwriters exercised their 30 - day over-allotment option in January of 2018.

He then sued the company for «Proposal 2» in Apple's proxy statement, which essentially only allows Apple to issue preferred stock with the approval of shareholders.

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.

Beyond common and preferred stocks, companies may also choose to issue other types of stocks based on ownership rights of shareholders.

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.

In addition to the dividends Apple began paying in the past year and the stock buyback program underway, Einhorn wants the company to distribute a special preferred class of stock to shareholders.

In January 2014, the Company's Chief Executive Officer contributed 8,976,000 shares of preferred stock back to the Company for no consideration.

In 1989, he acquired $ 350 million of preferred stock in US Airways to protect the company against a hostile takeover from hedge fund manager Michael Steinhardt, reports Forbes.

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.

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:

On December 31, 2009, the Company had 5.18 billion outstanding shares of common stock, and approximately 734 million shares reserved for issuance for outstanding convertible preferred stock, the warrant issued in connection with the TARP CPP investment, dividend reinvestment, deferred compensation plans, long - term incentive compensation awards, and in connection with employee benefit plans.

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.

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.

Capital Stock - Capital stock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred stStock - Capital stock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred ststock is the number of shares a specific company has authorized for sale in accordance with the company's charter, and that includes both common stocks and preferred stocks.

On July 23, 2014, we entered into an Amended and Restated Investors» Rights Agreement, or IRA, with certain holders of our common stock and the holders of our outstanding convertible preferred stock, including Yahoo!, Teradata, entities affiliated with Benchmark and Index Ventures and Hewlett - Packard Company, which each hold more than five percent of our outstanding capital stock.

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).

When you buy preferred shares, you own a piece of the company and in exchange receive fixed dividend payments set at issuance with the par value of the preferred stock.

Because there is no public market for our common stock, our board of directors determined the common stock fair value at the stock option grant date by considering several objective and subjective factors, including the price paid by investors for our preferred stock, our actual and forecasted operating and financial performance, market conditions and performance of comparable publicly traded companies, developments and milestones in our company, the rights and preferences of our common and preferred stock, the likelihood of achieving a liquidity event, and transactions involving our preferred stock.

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.

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 oCompany 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 ocompany; 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 ocompany 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.

In addition, the pro forma stockholders» equity assumes the reclassification of the redeemable convertible preferred stock warrant liability to additional paid - in capital upon a qualifying IPO of the Company's common stock, assuming the redeemable convertible preferred stock warrants automatically become common stock warrants that are classified as equity and are not subject to remeasurement.

Despite positives such as better North American service provider spending and longer - term upside arising from technology transitions, Morgan Stanley prefers to stay on the sidelines of the telecom stock Commscope Holding Company Inc (NASDAQ: COMM).

At the time of the tender offer, the fair value of the Company's common stock was $ 12.95 per share and the fair value of the Company's Series A through F convertible preferred stock ranged from $ 12.95 to $ 14.51 per share.

The purchase price, excluding transaction costs, consisted of $ 49,756 of the Company's Series F redeemable convertible preferred stock, $ 195 in fair value of warrants to purchase the Company's Series F redeemable convertible preferred stock and $ 262 in fair value of the Company's vested stock options.

In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, redeemable non-controlling interest, redeemable convertible preferred stock and stockholder's deficit and cash flows present fairly, in all material respects, the financial position of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of America.

The tender offer closed in September 2011, and at the close of the transaction, the Company recorded $ 34.7 million as compensation expense related to the excess of the selling price per share of common stock paid to the Company's employees and consultants over the fair value of the tendered share, and $ 35.8 million as deemed dividends in relation to excess of the selling price per share of common and preferred stock paid to existing investors in excess of the fair value of the shares tendered.

In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, comprehensive loss, redeemable convertible preferred stock, convertible preferred stock and stockholders» deficit, and cash flows present fairly, in all material respects, the financial position of Twitter, Inc. and its subsidiaries (the «Company») at December 31, 2012 and 2011, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2012 in conformity with accounting principles generally accepted in the United States of America.

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.

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.

Most private company financings involve the use of preferred stock with liquidation preferences.

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.

Represented venture capital fund in its investment and purchase of preferred stock of various life science companies in which it is lead investor.

Represented software company in its proposed $ 40M offering of common stock, preferred stock, warrants and / or units under a universal shelf registration statement on Form S - 3.

For example, if a founder contributes a significant amount of cash (i.e. enough to buy a car) to fund the company, then I might suggest that the company issue preferred stock with a liquidation preference and no other rights to the founder, as opposed to issuing common stock.

The company had $ 726 million in debt outstanding at the end of the first quarter of 2013, an increase of $ 8 million from year - end 2012, including $ 682 million in non-recourse securitized notes, of which $ 110 million has been drawn down under our warehouse credit facility, and $ 40 million of mandatorily redeemable preferred stock of a subsidiary.

In any event, I wouldn't be surprised if more sophisticated early - stage investors that want to sell their stock prior to a sale of company or IPO started started asking for «upgradeable» preferred stock.

Investors can claim their preferred share of a company's assets before common stock holders.

Equity value also refers to the interest, which is the amount a stockholder has invested in the shares of a company with regards to their ownership of common or preferred stock.

The exchange offer could be the exchange of bonds or preferred stock in one company for common shares in another company.

Benchmark said in their filing that Kalanick holds only 10 percent of the company's preferred stock, but has 16 percent of Uber's voting power.

Well the answer to that question is this: Forbes estimates the wealth of individuals and rank them based on the value of shares they have in quoted companies (companies listed on the stock exchange) and most of the richest people in Nigeria prefer to run their businesses privately.

In addition, $ 40 million of mandatorily redeemable preferred stock of a subsidiary of the company was outstanding at the end of 2014.

If dividends cumulate, companies will want all previously accrued but unpaid dividends to be waived upon the automatic conversion of the preferred stock.

Vista Equity Fund II invested $ 50 million in Aspect in January of 2003 in exchange for convertible preferred stock representing an approximately 30 % stake in the Company.

If a company pays dividends, then holders of preferred stock receive dividends before dividends are paid to holders of common stock.

In addition, $ 40 million of mandatorily redeemable preferred stock of a subsidiary of the company was outstanding at the end of the second quarter of 2014.

No, the founder, president and chairman of Constellation Software Inc. — a Toronto - based, publicly traded software company with a $ 5 - billion - plus market cap and one of the best - performing stocks on the TSX — would prefer not to be profiled at all.

In addition, $ 40 million of mandatorily redeemable preferred stock of a subsidiary of the company was outstanding at the end of the third quarter of 2014.