Sentences with phrase «share issuance only»

Of course, new share issuance only makes sense if it's priced at levels near / in excess of EIIB's own NAV / intrinsic value.

Not exact matches

Furthermore, investors purchasing shares of our Class A common stock in this offering will only own approximately % of our outstanding shares of Class A and Class B common stock (and have % of the combined voting power of the outstanding shares of our Class A and Class B common stock), after the offering even though their aggregate investment will represent % of the total consideration received by us in connection with all initial sales of shares of our capital stock outstanding as of September 30, 2010, after giving effect to the issuance of shares of our Class A common stock in this offering and shares of our Class A common stock to be sold by certain selling stockholders.

We'll ignore minor acquisitions, so first we'll look at Liquid Development — cash outlay & share issuance are reflected in the FY results, but only a third of its $ 7.5 million annual revenue is captured, so that's a $ 5.0 million revenue bump for FY - 2016.

it is not possible to retroactively cancel an issuance of shares by way of simple oral consent; issuance of shares can be cancelled only if (a) the corporation's articles are amended or (b) the corporation reaches an agreement to purchase the shares, which requires the directors pass a resolution, the shareholder in question gives his or her express consent and the tests of solvency and liquidity are met

To give you an example, under the Companies Act, 2013, issuance of equity shares with differential rights is permitted inter-alia only if a company boasts a consistent track record of distributable profits for the previous three years.