Examples of Exchange Ratio in a sentence
Following a review of the results of the above assessments, the management boards of mBank, mDM and mCO agreed the above-mentioned Share Exchange Ratio.
The exchange ratio stipulated in the terms and conditions of the US Offer for the Gemplus shares, including such Gemplus underlying American depository shares shall be the Exchange Ratio.
Additionally, the Company adjusted the Aris Gold options, warrants, PSUs and DSUs with equivalent Aris Mining options, warrants, PSUs and DSUs with the number of such securities issuable and exercise prices adjusted by the 0.5 Exchange Ratio.
On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.
In consideration for the Contribution in Kind, upon the registration by the Registrar of the transfer of the S1 Shares and the S2 Shares to Axalto in the Gemplus share register, Axalto shall issue, in accordance with the Contribution Agreements, 21,985,104 newly issued shares of Axalto Common Stock (the "CONSIDERATION SHARES") to S1 and S2, allocated as set forth opposite their respective names in EXHIBIT 2.3, pursuant to the Exchange Ratio.