Free Trading Shares definition

Free Trading Shares means shares of Common Stock that are covered by a Registration Statement with an effective date prior to the date such shares are delivered to Investor's Counsel.
Sample 1Sample 2Sample 3
Free Trading Shares means any and all shares which are freely saleable on the public markets, even if subject to the quantity limitations of Rule 144(e) of the Securities Act of 1933.
Sample 1Sample 2Sample 3
Free Trading Shares means the 5,000,000 Singapore NewCo Ordinary Shares referred to in Section 9.2(g) of the Share Exchange Agreement, the 1,000,000 Singapore NewCo Ordinary Shares to be issued to a third party adviser or consultant referred to in section 4 of the Third Amendment to the Share Exchange Agreement, the 264,000 Singapore NewCo Ordinary Shares to be issued to 8i Enterprises Pte Ltd upon the consummation of the Business Combination and the Singapore NewCo Ordinary Shares to be issued to 8i Enterprises Pte Ltd by virtue of the various promissory notes issued by the Purchaser.
Sample 1

Examples of Free Trading Shares in a sentence

  • Example: The Shareholder had 100,000 Free Trading Shares for which the repurchase price equaled $400,000 and 100,000 Restricted Shares for which the repurchase price equaled $240,000.

  • The Company shall repurchase all Free Trading Shares of the Shareholder before it repurchases any Restricted Shares of the Shareholder.

  • According to the information and explanations given to us and on an overall examination of the records of the Company, we report that the Company has used short-term funds to the extent of Rs. 131.89 lacs for long term investment.

  • Therefore, the Company must first use $400,000 of the life insurance proceeds to repurchase the 100,000 Free Trading Shares and, second, use the remaining $110,000 of the life insurance proceeds to repurchase as many Restricted Shares as possible with that amount of money (in this case, the Company would repurchase 45,833 of the Restricted Shares, leaving the Shareholder's estate with 54,167 Restricted Shares subject to the Repurchase Right set forth in Section 4 below).

  • The repurchase price of the Shares which the Company must purchase pursuant to the Repurchase Requirement (the "Repurchase Price") shall be (i) for Free Trading Shares, the average closing bid price for the stock over the last sixty (60) trading days; or (ii) for Restricted Shares, the average closing bid price for the stock over the last sixty (60) trading days with a forty percent (40%) discount.

  • Trade Symbol: SSFTExact Title and Class of Securities Outstanding: Common StockCUSIP: 835413105Par or Stated Value: No Par Value (“The “Common Stock”)Total Common Shares Authorized: 700,000,000Total Shares Outstanding: 259,119,544 as of Dec 31, 2019Total Free Trading Shares Outstanding: 75,730,561 as of Dec.

  • Financial Highlights  Total net position decreased $196,773 in fiscal year 2015, which represents a 39.5% decrease from fiscal year 2014, as a result of cash disbursements exceeding cash receipts.

  • The Lender is hereby given the option to exchange the unpaid Principal Sum and all accrued and unpaid interest for Common Free Trading Shares (with associated Warrants A, B, and C) in the four Interaxx Companies at a rate not greater than $1.00 per share, or at a percentage equal to one third of the trading value of the Common Shares should the stock be trading at less than $3.00 per share at the time of conversion.

  • Amendments of the law had been worked during 2009 but the Agency for the protection of data announced that it would work on new amendments of the Law until the end of 2011.

  • If, upon receipt of notice of Sino’s Default, the Silver Dragon Shares are eligible for sale under Rule 144 of the Securities Act Rules (the “Free Trading Shares”), the Silver Dragon Shares shall be valued based on the average closing price of the of Silver Dragon Shares over the 30 day period prior to receipt of notice of Sino’s Default, multiplied by the number of Free Trading Shares.


More Definitions of Free Trading Shares

Free Trading Shares means the 333,333 shares of Common Stock being issued under this Agreement which shall be issued to the Purchaser as free trading stock (no restrictions).
Sample 1
Free Trading Shares is defined in Section 4.9.1.
Sample 1
Free Trading Shares means 15% of the Consideration Shares issued to the Sellers under this Agreement. For avoidance of doubt, all Consideration Shares, including the Free-trading Shares, will be placed with the Broker in accordance with Section 2.4 hereof.
Sample 1

Related to Free Trading Shares

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Sponsor Shares shall have the meaning given in the Recitals hereto.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.