Examples of Montage Common Stock in a sentence
From that acquisition we have re-branded our whole product range which is now known as ‘Bergen Pipe Supports’.
During the three (3) year period prior to the date of this Agreement, neither Marigold nor any Marigold Subsidiary nor any “affiliate” or “associate” of Marigold “beneficially owned” (as such terms are defined in Articles 14 and 14.1 of the VSCA) 10% or more of the outstanding shares of any class of Montage Common Stock.
The “preponderance of the evidence” standard does not require Joint Applicants to move mountains; the Pennsylvania Supreme Court has made clear that the standard is simply a “more likely than not” inquiry.
The Reporting Person will have no pecuniary interest in any shares of Montage Common Stock unless and until the transactions contemplated by the Merger Agreement are consummated.(e).
However, as a result of the Support Agreement, the Reporting Person may be deemed to have shared voting and dispositive power with respect to up to an aggregate of 14,051,904 shares of Montage Common Stock, and thus, for the purpose of Rule 13d-3 promulgated under the Exchange Act, the Reporting Person may be deemed to be the beneficial owner of an aggregate of 14,051,904 shares of Montage Common Stock.
The response of the Reporting Person to rows 7 through 13 on the cover page of this Schedule 13D are incorporated by reference herein.As of the date hereof, the Reporting Person does not own any shares of Montage Common Stock.
The Reporting Person has no right to receive dividends from, or the proceeds from the sale of, any shares of Montage Common Stock subject to the Support Agreement.
Montage has not paid any cash dividends since its inception, and it does not anticipate declaring or paying any cash dividends to holders of Montage Common Stock.
The high and low trading prices for the Montage Common Stock on August 11, 2020, the last trading day immediately before the public announcement of the merger, were $6.48 and $5.93, respectively.
Xxxxxxxx and Xxxxxx an exchange ratio of 1.8656 shares of Southwestern Common Stock for each share of Montage Common Stock (which represented an average exchange ratio from the closing share prices of the respective companies for the previous three trading days through and including August 11, 2020), a termination fee of between 4.0% and 5.0% of Montage’s total equity value implied by the transaction and no expense reimbursement concept.