Examples of ARCT IV Merger in a sentence
The pro forma balances are preliminary as the actual amounts paid in cash will not be known until the closing of the ARCT IV Merger.
Balance also reflects approximately $25.0 million of borrowings that will be used for closing costs of the ARCT IV Merger.
Borrowings of approximately $533.3 million represent the assumed maximum cash payment to ARCT IV common stock holders of $30.00 per share for up to 25% of the outstanding shares, or 17.8 million shares, on the closing date of the ARCT IV Merger.
In addition, the Company entered into an asset purchase agreement whereby they agreed to purchase assets from their external advisor in addition to the reimbursement of certain expenses related to the ARCT IV Merger and issuance of common stock for a total of $5.8 million.
That Executive approves the implementation of a outcomes-based Voluntary Sector prospectus.
For the ARCT IV Merger, amount includes estimated costs of the issuance of operating partnership units described in Note 27 below.
Reflects 0.1 million operating partnership units of ARCT IV that will convert to 0.2 million operating partnership units of ARCP upon consummation of the ARCT IV Merger at an assumed value of $15.25 per share.
Kahane signed the 2013 Shelf Registration Statement used for the July 2013 Offering, the December 2013 Offerings and the May 2014 Offering; the registration statements for the January 2014 ARCT IV Merger and the February 2014 Cole Merger; and permitted use of his name to solicit proxies for the ARCT IV and Cole Mergers.
The Company entered into an asset purchase agreement whereby they agreed to purchase assets from their external advisor, with a cost basis of $1.1 million in addition to the reimbursement of certain expenses related to the ARCT IV Merger and issuance of common stock for a total of $5.8 million.
The actual amount to be paid will not be known until the ARCT IV Merger date.