First Private Placement definition

First Private Placement means, collectively, the non-brokered private placement financing by the Company completed on August 26, 2021 and consisting of an aggregate of 500,000 special warrants at a price of $0.05 per special warrant for gross proceeds of $25,000. Each special warrant was convertible into a unit of the Company comprised of one (1) Common Share and one (1) Common Share purchase warrant, with each warrant being exercisable into one (1) Common Share at a price of $0.05 for a period of five (5) years from the Listing Date. The special warrants were exercised into units of the Company on December 27, 2021.

First Private Placement means the non-brokered private placement financing by the Company conducted on July 3, 2020, and consisting of an aggregate of 11,200,000 Common Shares at a price of $0.02 per share;

First Private Placement means the non-brokered private placement of the Corporation of 15,491,000 Subscription Receipts completed on January 20, 2021 and which will result (subject to the satisfaction of the Escrow Release Conditions) in the deemed exercise or exchange of Subscription Receipts for Subscription Receipt Shares and Subscription Receipt Warrants;

Examples of First Private Placement in a sentence

• The Company shall register the shares of Common Stock issuable upon exercise of the Warrants in the registration statement on Form S-3 (or its equivalent) when the Company registers the shares of Common Stock issuable upon conversion of the securities sold in the First Private Placement.

• The First Private Placement generated gross proceeds of USD 82 million to Archer and the new Shares were issued to Seadrill and Lime Rock on August 29, 2011.

• Each First Private Placement Unit was comprised of one common share and one-half of one common share purchase warrant (the “First Private Placement Warrant”).

• Thirty day following the Closing and upon the closing of the First Private Placement, Purchaser shall deliver to Seller the First Payment.

• Except for the Original Registration Rights Agreement, the First Private Placement Registration Rights Agreement and the Second Private Placement Registration Rights Agreement, there are no agreements or arrangements (other than the Registration Rights Agreement) under which the Company is obligated to register the sale of any of its securities under the Securities Act.

More Definitions of First Private Placement

First Private Placement means the non-brokered private placement financing by the Corporation completed on May 28, 2021, for gross proceeds of $557,661.88 by issuance of 1,640,182 Class A Common Shares at a price of $0.34 per share;

First Private Placement means the non-brokered private placement financing by the Companyconducted on July 6, 2020, and consisting of an aggregate of 20,000,000 Common Shares at a price of $0.05 per share;

First Private Placement means the non-brokered private placement financing by the Company completed on July 17, 2020, and consisting of an aggregate of 4,500,000 Common Shares at a price of $0.005 per Share;

First Private Placement means the non-brokered private placement financing by the Company conducted on October 4, 2019, and consisting of an aggregate of 1,000,000 Common Shares at a price of $0.005 per Share;

First Private Placement means the private placement by Pubco, prior to or at the Delivery Date, in which Pubco will sell the Convertible Debenture;

First Private Placement means the first private placement of the Company’s securities under circumstances that entitle National Securities Corporation (“NSC”) Cash Fees and Warrants (as such terms are defined in that certain Engagement Agreement (“NSC Agreement”) between the Company and NSC dated September 8, 2014 with respect to such sale transactions pursuant to Section 2 of the NSC Agreement.

First Private Placement means the private placement of up to 1,200,000 common shares in the capital of Gusana at a purchase price of at least $0.75 per share for gross proceeds of $900,000;