Sentences with phrase «preferred stockholders of»

Common and preferred stockholders of failed institutions should be wiped out.

Not exact matches

A participating preferred stock enables an investor to first get a return of its dollar - for - dollar investment as a preference payment, before anyone else gets a single dollar, and then to continue to participate in the distribution of the remaining proceeds as a common stockholder based on its ownership percentage.

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.

While common stockholders are afforded certain voting rights, economic participation in the event of a liquidity event or declaration of dividends is subordinate to creditor and preferred shareholder cash distributions.

To be clear though, preferred stockholders generally don't have a preference over traditional debt or convertible notes (another form of short - term debt), so don't forget to check whether a company has outstanding debt obligations.

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.

This measurement disregards the preferred stockholders and is the equivalent of shareholders equity less preferred equity.

In the course of his opinion, Chancellor Chandler addressed the fiduciary duties corporate managers owe preferred stockholders:

For the calculation of diluted net loss per share, net loss per share attributable to common stockholders and preferred Series D, E, F, and FP preferred stockholders for basic net loss per share is adjusted by the effect of dilutive securities, including awards under our equity compensation plans.

Based on shares outstanding as of December 31, 2016, on the closing of this offering, we will have outstanding a total of shares of Class A common stock, shares of Class B common stock, and shares of Class C common stock, assuming no exercise of outstanding options, and after giving effect to the conversion of all outstanding shares of our preferred stock into shares of Class B common stock on the closing of this offering and the sale of Class A common stock by the selling stockholders in this offering.

The unaudited pro forma basic and diluted net income per share attributable to common stockholders, which has been computed to give effect to the assumed automatic conversion of the redeemable convertible preferred stock into shares of common stock using the if converted method upon the completion of a qualifying IPO and the elimination of the revaluation adjustment on the redeemable convertible preferred stock warrants due to the automatic conversion of those warrants into common stock warrants (not subject to revaluation) as though the conversion had occurred as of the beginning of the period.

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.

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.

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.

We have entered into a sixth amended and restated stockholders» agreement, dated as of April 20, 2010, with holders of our preferred stock and certain holders of our common stock, including some of our directors, executive officers and holders of more than five percent of our voting securities and their affiliates, pursuant to which the holders of preferred stock have a right of purchase and co-sale in respect of sales of securities by our founders and common stockholders party to the agreement.

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.

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.

In such case, the composition of the board in future elections typically defaults to one vote per share (preferred converted to common basis) and may be favorable to the common stockholders as they typically control a majority of the outstanding shares.

A voting agreement among the common and preferred stockholders forces the stockholders to vote in favor of director nominees selected in a certain manner (i.e. all of the Series A stockholders agree to vote in favor of the nominee from VC Fund X for the Series A seat).

Payoneer Inc. in connection with a $ 233 million financing, including the purchase by certain investors of up to $ 80 million of Series E preferred stock from Payoneer and up to $ 153 million of common and preferred stock from existing Payoneer stockholders.

That said, I would be uncomfortable owning Fannie or Freddie here; just because the government might stand behind senior obligations doesn't mean they would take care of the common and preferred stockholders, or even the subordinated debt.

Stockholders» equity: The dollar value of all holdings of preferred and common stock, including any Paid - In Surplus, plus retained earnings.

Parity Parity price Participating preferred stock Participating (semi-fixed) Trusts Partnership Par value Passive income Pass - through security Payment date P / E ratio Penny stocks PHA Bonds Phantom income Pink sheets Placement Ratio Plan completion life insurance PN Point Portfolio income Position limits Positions book Pot Power of attorney Pre-dispute arbitration clause Preemptive right Preferred stock Preliminary prospectus Preliminary study Preliminary statement Premium Pre-refunding Pre-sale order Price to Earnings ratio Primary distribution Primary market Prime rate Principal Principal stockholder Principal transactions Private placement Private placement memorandum Private securities transaction Proceeds sale Production purchase program Profile Profit - sharing plans Program trading Progressive tax Project note Prospectus Prospectus delivery period Proxy Prudent Man Rule Public float value Public Housing Authority Bonds Public Offering Public offering price Purchaser's representative Put bond Put option Put spread

Bondholder claims rank higher than preferred stockholders in both their regular interest payments and in assets in the event of liquidation, but preferred stockholders rank above common stockholders.

In the event of a company's liquidation, common stockholders have lowest priority and receive assets only after bondholders, preferred stockholders, and other debt holders have been paid in full.

These provisions include «poison pills,» blank check preferreds, super voting common stocks, staggered elections for Boards of Directors, super majority voting provisions, preventing stockholders from convening special meetings, and having the company itself finance all of management's expenditures where there is a contest for control.

The strongest proposals received to date include most of the following: (1) commercial or near commercial products; (2) revenue or near - revenue generating opportunity; (3) potential for sustainable operations without the need for equity financings; (4) sales and marketing support from a strong commercialization partner; (5) reduced remaining regulatory risk; (6) attractive growth potential; and (7) willingness to provide liquidity to Avigen stockholders who need or prefer cash.

In the end, your Board is committed to bringing the best transaction, if any, to stockholders for a vote and providing a liquidity option for stockholders that would prefer to redeem part, if not all, of their shares for cash.

A preferred stock gets priority in receiving dividends and precedence over common stockholders (after bond holders and other creditors though) in the event of a liquidation of corporate assets (like in a bankruptcy).

Holders of senior debt secured by a claim to assets of the company will be first in line, followed by junior / subordinated debt holders, followed by preferred stockholders, and finally those holding common stock.

In consideration of the static dividend payment, preferred stockholders give up the right to vote.

Bank debt is a loan to a corporation that typically has first priority to make claims on the company in bankruptcy, ahead of the bondholders, much less the preferred stockholders and the common equity.

Holders of all types of preferred stock receive priority over common stockholders.

Also, the board of directors can vote to suspend the dividend payments, and the preferred stockholders can not sue them.

The holder of the preferred share gets only the $ 10 dividend, but the common stockholder will receive the higher dividend.

After the deal completes, Heinz will not produce a lot of profits for the common stockholders, because Buffett's preferred stock and the additional debt will eat up most of the gross profits.

«Preferred» stock usually gives up the voting rights, but pays a higher dividend percentage (maybe double or triple that of common stock) and may have payment guarantees (if a promised dividend is missed in one quarter and then paid in the next, the preferred stockholders get their dividend for the past and present quarters before the common shareholders see a penny).

If a merger or acquisition of another company or asset were put to a stockholder vote, we would vote against such a proposal and believe that other stockholders would likely prefer to have their capital returned to them.

Even the holder of a low - rated bond is entitled to a share of a failing company's assets ahead of preferred or common stockholders.

In the case of liquidation of the business, owners of common stock are last in line behind creditors, bondholders, and preferred stockholders.

Representing General Electric Co., GE Capital, and its former directors in a fiduciary duty class action brought in the Delaware Court of Chancery by a former GE Capital preferred stockholder, challenging GE's merger with GE Capital.

Frank, you can do some really good stuff in an Operating Agreement, like having members as preferred stockholders and common, in concept... spliting voting rights, having other events of withdrawl and indemnification agreements.

In a lengthy letter to the Konover board, shareholders represented by Greenwich, Conn. - based Mercury Partners LLC complain that the transaction is a bargain basement deal designed to the benefit of Paris - based Lazard, the parent company of Prometheus, and to the detriment of Konover's preferred and common stockholders.