Examples of Comparable Company in a sentence
For greater certainty, the Replacement Share chosen by the Calculation Agent may be any share of a Comparable Company, and may be a company that was the continuing entity in respect of a Merger Event.
The Calculation Agent may elect not to choose a Replacement Reference Asset as a substitute for an Excluded Reference Asset if the Calculation Agent determines that there are no appropriate shares of a Comparable Company which offer sufficient liquidity in order for the Fédération to place, maintain or modify hedges in respect of such shares; in that event, see “Extraordinary Non-Replacement Event” below.
For greater certainty, the Replacement Reference Asset chosen by the Calculation Agent may be any share of a Comparable Company, and may be a company that was the continuing entity in respect of a Merger Event.
The Calculation Agent may elect not to choose a Replacement Share as a substitute for an Excluded Share if the Calculation Agent determines that there are no appropriate shares of a Comparable Company which offer sufficient liquidity in order for the Fédération to place, maintain or modify hedges in respect of such shares; in that event, see “Extraordinary Event” below.
The Calculation Agent may elect not to choose a Replacement Share as a substitute for an Excluded Share if the Calculation Agent determines that there are no appropriate shares of a Comparable Company which offer sufficient liquidity in order for the Fédération to place, maintain or modify hedges in respect of such shares; in that event, see “Extraordinary Non-Replacement Event” below.
The Comparable Company Multiple is typically adjusted for non-marketability and liquidity to arrive at a discounted multiple or an adjusted multiple.
Estimation of Final Equity ValueThe fair value of Immunicum AB’s equity has been calculated using three approaches – Comparable Company Analysis, rNPV Analysis, and NPV Analysis.
Still, elements of real-world past performance enter the valuation through their impact on the commercial and technical due diligence.We have presented the rNPV, NPV and Comparable Company Analysis.
Comparable Company AnalysisComparable Company Analysis method operates under the assumption that similar companies will have similar valuation multiples, such as EV/EBITDAX.
For greater certainty, the Replacement Share chosen by the Calculation Agent may be any share of a Comparable Company, and may be a company that wasthe continuing entity in respect of a Merger Event.