Brokered Financing definition
Brokered Financing means the brokered financing of Finco Subscription Receipts to be completed prior to the Closing for gross proceeds of up to $25 million; the net proceeds of which will be placed in escrow and released to Finco, and the ▇▇▇▇▇ Subscription Receipts will automatically be converted into ▇▇▇▇▇ Units, on satisfaction of certain escrow release conditions, and each ▇▇▇▇▇ Share will then be exchanged for one Resulting Issuer Share and each ▇▇▇▇▇ Warrant will then be exchanged for one Resulting Issuer Warrant, respectively, in connection with the Transaction and the Amalgamation;
Brokered Financing means the brokered private placement of up to 31,250,000 ▇▇▇▇▇ Subscription Receipts by ▇▇▇▇▇ at a price of $0.80 per ▇▇▇▇▇ Subscription Receipt; the net proceeds of which will be placed into escrow and released to ▇▇▇▇▇, and the ▇▇▇▇▇ Subscription Receipts will automatically be converted into ▇▇▇▇▇ Units, on satisfaction of the Release Conditions, and each ▇▇▇▇▇ Share will then be exchanged for one New Carpincho Share and each whole ▇▇▇▇▇ Warrant will then be exchanged for one New Carpincho Warrant, respectively, in connection with the Amalgamation;
Brokered Financing has the meaning ascribed thereto in Section 8.4.
Examples of Brokered Financing in a sentence
Other than the agents to the Brokered Financing, no broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of the Corporation.
In addition, the Company, Ignite CAN and ▇▇▇▇▇ may agree to complete a non-brokered private placement on substantially the same terms as the Brokered Financing, or on such other terms as agreed to by the Company and Ignite CAN (the “Non-Brokered Financing”).
More Definitions of Brokered Financing
Brokered Financing means, collectively, the Brokered Equity Financing and the Brokered Debt Financing.
Brokered Financing means a brokered private placement of subscription receipts being offered by the Corporation concurrently with the Financing Transaction.
Brokered Financing means the brokered private placement of 10,237,255 Subscription Receipts at a price of $2.25 per Subscription Receipt led by the Agents for aggregate gross proceeds of $23,033,823.
Brokered Financing means the brokered private placement of 5,745,000 Subscription Receipts at C$0.50 per Subscription Receipt led by the Agent, the “Brokered Portion of the Brokered Financing”, which closed simultaneously together with a non-brokered private placement of 647,060 Subscription Receipts at C$0.50 per Subscription Receipt, for aggregate gross proceeds of C$3,196,030.
Brokered Financing means the brokered private placement by Flowr of 980,000 Flowr Subscription Receipts at a price of $2.60 per Flowr Subscription Receipt for aggregate gross proceeds of up to $2,548,000 pursuant to the terms of the Agency Agreement;
Brokered Financing means the brokered private placement of 6,189,300 Subscription Receipts at $1.25 per Subscription Receipt led by the Agent for aggregate gross proceeds of