POWL definition
POWL means the offering of Shares pursuant to a public offering without listing in Japan;
Examples of POWL in a sentence
Upon the authorization by the Representatives of the release of the Firm ADSs, the several Underwriters propose to offer the Firm ADSs for sale upon the terms and conditions set forth in the Prospectus; and subsequently [I] Firm ADSs underwritten by Nomura International (Hong Kong) Limited will be offered by Nomura Securities in Japan, acting as the sole book runner for the Japanese POWL and its certain selling members, if any.
The Japanese Final Prospectus (as defined herein) is prepared, in principle, based on the information included in the U.S. Prospectus, International Offering Circular and the Hong Kong Prospectus with such omissions and additions as appropriate for the purpose of the Japanese POWL.