Assuming No Redemptions definition

Assuming No Redemptions. This presentation assumes that no TSIA stockholders exercise redemption rights with respect to their Public Shares.
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Assuming No Redemptions. This presentation assumes that no Novus shareholders exercise redemption rights with respect to their public shares for a pro rata portion of the funds in Novus’s Trust account.
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Assuming No Redemptions. This presentation assumes that no Panacea public stockholders exercise redemption rights with respect to their shares of Panacea Class A common stock.
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Examples of Assuming No Redemptions in a sentence

  • The unaudited pro forma condensed combined financial information has been prepared assuming two alternative levels of cash redemptions of TSIA’s common stock: • Assuming No Redemptions: This presentation assumes that no TSIA public stockholder exercises redemption rights with respect to its shares for a pro rata portion of the funds in the Trust Account.

  • Impact of the Business Combination on the Company’s Public FloatWe anticipate that, upon completion of the business combination, the approximate ownership interests of the Company will be as set forth in the table below: Assuming No Redemptions of Public Assuming Maximum Redemptions of Public Shares(4)(5)Shares(1)(4)(5)Company’s Public Stockholders .

  • The following summarizes the pro forma ownership of New Katapult common stock following the merger and PIPE Investment under both the no and maximum redemption scenarios: Assuming No Redemptions Assuming Maximum Redemptions Shares % Shares % Equity Capitalization Summary Katapult Equity Holders(1).

  • In addition, a few additional activities were carried out, which included the establishment of revenue mobilisation committees, scale up meetings and the production of a documentary that highlighted projects activities and accomplishments.The following processes and activities were undertaken within the period under review (Dec 2018 to Dec 2019).

  • The unaudited pro forma combined financial information has been prepared after giving effect to the Transaction Adjustments, assuming two alternative levels of redemption of shares of STPC Class A Common Stock into cash: • Assuming No Redemptions: This presentation assumes that no STPC stockholders exercise redemption rights with respect to their shares of Class A Common Stock.

  • Please see the section entitled “Management After the Business Combination” for additional information.Q: What equity stake will current stockholders of the Company hold in the Combined Company after the closing?A: We anticipate that, upon completion of the business combination, the approximate ownership interests of the Company will be as set forth in the table below: Assuming No Redemptions of Public Shares(4)(5) Assuming Maximum Redemptions of Public Shares(1)(4)(5)Company’s Public Stockholders .

  • The as-built documentation package shall include all passwords and login information for all software, applications and operating systems including, configuration, technician, admin and user accounts.

  • Please clarify your calculations of Weighted average shares outstanding-diluted and Weighted average shares outstanding-basic and diluted under the Assuming No Redemptions and Assuming Maximum Redemptions scenarios for the three months ended March 31, 2021.

  • The following represents the consideration at closing of the Business Combination: (in millions) Assuming No Redemptions Assuming Maximum Redemptions Share issuance to Latch shareholders .

  • In April 2020, the National Health Laboratory Service in partnership with the National Department of Health rolled out 67 specially fitted vehicles to facilitate COVID-19 swabbing and testing76.


More Definitions of Assuming No Redemptions

Assuming No Redemptions. This presentation assumes that no Panacea public stockholders exercise redemption rights with respect to their shares of Panacea Class A common stock. • Assuming Maximum Redemptions: This presentation assumes that all of Panacea’s public stockholders exercise redemption rights with respect to their shares of Panacea Class A common stock. This scenario assumes that 14,375,000 shares of Panacea Class A common stock are redeemed for an aggregate redemption payment of approximately $143.8 million. The following table is also based on the assumption that 47,655,000 shares of Panacea Class A common stock are issued to the PIPE investors upon the consummation of the PIPE investment plus 2,500,000 shares of New Nuvation Bio Class A common stock are issued under the forward purchase agreement. If the actual facts are different than this assumption, the below numbers will be different. These numbers also do not take into account public and private warrants to purchase New Nuvation Bio Class A common stock that will be outstanding immediately following the completion of the merger. The unaudited pro forma per share information does not include the 34,562,048 shares (on an as-converted basis) of Nuvation Bio redeemable Series A convertible preferred stock issued in October 2020 for net cash proceeds of $135.6 million. The historical information should be read in conjunction with “Selected Historical Financial Information of Nuvation Bio,” “Selected Historical Financial Information of Panacea,” “Nuvation Bio’s Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Panacea’s Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained elsewhere in this proxy statement/prospectus and the audited consolidated financial statements and the related notes of Nuvation Bio and Panacea contained elsewhere in this proxy statement/prospectus. The unaudited pro forma per share information is derived from, and should be read in conjunction with, the unaudited pro forma condensed combined financial information and related notes included elsewhere in this proxy statement/prospectus. The unaudited pro forma combined net loss per share information below does not purport to represent what the actual results of operations of New Nuvation Bio would have been had the merger been completed, or to project New Nuvation Bio results of operations that may be achieved after the merger. The unaudited pro forma book value per ...
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Assuming No Redemptions. This presentation assumes that no public stockholders of Churchill Class A common stock exercise redemption rights with respect to their Public Shares for a pro rata share of the funds in the trust account. • Assuming Maximum Redemptions: This presentation assumes that public stockholders holding 55,744,379 shares of Churchill Class A common stock exercise their redemption rights for their pro rata share ($10.10 per share as of March 31, 2021) of the funds in the trust account. This scenario gives effect to Public Share redemptions for an aggregate payment of approximately $563.0 million using a per share redemption price that was calculated based on the availability of $697.0 million in the trust account, divided by 69,000,000 shares of Churchill Class A common stock outstanding, in each case as of March 31, 2021. This is the estimated maximum number of redemptions assuming that the Available Cash Condition set forth in the Skillsoft Merger Agreement is satisfied, and assuming no cash of Skillsoft or Churchill (other than PIPE Investment proceeds and funds held in the trust account) is available for the payment of redemptions. Redemptions Using the $10.10 estimated per share redemption price, the number of shares estimated in this maximum redemptions scenario is based on the total cash available at the date of the redemption, which includes cash from the conversion of the trust account, the First Step and Second Step Prosus Investment and the SuRo PIPE Investment, less the minimum cash requirement of $644.0 million, which reflects payment of the merger consideration, the retention of a minimum cash balance, and estimated transaction costs. The pro forma share capitalization of the Company following the Merger and after giving effect to the PIPE Investments is as follows:
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Assuming No Redemptions. This presentation assumes that no Trine stockholders exercise redemption rights with respect to their Public Shares.
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Assuming No Redemptions. This presentation assumes that no Cxxxxxxxx public stockholder exercises redemption rights with respect to its shares for a pro rata portion of the funds in Cxxxxxxxx’x trust account.
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Assuming No Redemptions. This presentation assumes that no public stockholders of FVAC exercise redemption rights with respect to their public shares for a pro rata share of the funds in the Trust Account.
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Related to Assuming No Redemptions

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Redemption Notices means, collectively, the Event of Default Redemption Notices and the Company Optional Redemption Notices, and each of the foregoing, individually, a “Redemption Notice.”

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Specific Redemption Provisions means, with respect to a Special Dividend Period either, or any combination of, (i) a period (a "Non-Call Period") determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during which the shares of AMPS subject to such Dividend Period shall not be subject to redemption at the option of the Corporation and (ii) a period (a "Premium Call Period"), consisting of a number of whole years and determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during each year of which the shares of AMPS subject to such Dividend Period shall be redeemable at the Corporation's option at a price per share equal to $25,000 plus accumulated but unpaid dividends plus a premium expressed as a percentage of $25,000, as determined by the Board of Directors of the Corporation after consultation with the Auction Agent and the Broker-Dealers.

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Fund, at a Redemption Price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a period of six months during which such VRDP Shares cannot be successfully remarketed (i.e., a Failed Remarketing Condition--Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Fund on a first-in, first-out basis, in accordance with and subject to the provisions of the VRDP Fee Agreement and this Statement.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Make-Whole Redemption Amount means the sum of:

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Early Redemption Notice means an irrevocable notice from the Issuer to Noteholders in accordance with Condition 23 (Notices) (or, in the case of Condition 8(f) (Redemption Following the Occurrence of an Event of Default), from the Trustee to the Issuer) that specifies that the Notes are to be redeemed pursuant to one of Conditions 8(c) (Redemption Following a Collateral Event) to 8(f) (Redemption Following the Occurrence of an Event of Default). An Early Redemption Notice given pursuant to Condition 8 (Redemption and Purchase) must contain a description in reasonable detail of the facts relevant to the determination that the Notes are to be redeemed and, in the case of an Early Redemption Notice given by the Issuer, must specify the anticipated Early Redemption Date and which of Conditions 8(c) (Redemption Following aCollateral Event) to 8(f) (Redemption Following the Occurrence of an Event of Default), as the case may be, are applicable. A copy of any Early Redemption Notice shall also be sent by the Issuer, or the Trustee, as the case may be, to all Transaction Parties, save that any failure to deliver a copy shall not invalidate the relevant Early Redemption Notice.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Optional Redemption Price means $25,000 per share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends plus any applicable redemption premium attributable to the designation of a Premium Call Period.