Pre-Consolidation Shares definition

Pre-Consolidation Shares means common shares of the Corporation as constituted immediately prior to the Consolidation;
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Pre-Consolidation Shares means the common shares in the capital of the Company following the Consolidation;
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Pre-Consolidation Shares means common shares in the capital stock of Freshwater prior to the completion of a share consolidation to be carried out by Freshwater on the basis of 1000 previously issued shares being consolidated into 1 share following the consolidation.
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Examples of Pre-Consolidation Shares in a sentence

  • As a result of the Share Consolidation, the 794,010,680 Pre-Consolidation Shares were consolidated to 158,801,722 Post-Consolidation Shares.

  • A total of approximately 31,026,418,906 Pre-Consolidation Shares were issued and outstanding immediately prior to the Share Consolidation, which resulted in a total of approximately 15,513,157 Post-Consolidation Shares issued and outstanding following completion of the Share Consolidation.

  • The Company’s market capitalisation (based on an issued share capital of 664,043,548 Pre-Consolidation Shares (the Company does not have treasury shares)) and the volume weighted average price of the Pre-Consolidation Shares on the SGX-ST on the date the SPA was executed is S$18,925,241.

  • Computed on the basis of an enlarged issued capital of 32,958,695 Shares which excludes the 387,358,736 rights Pre-Consolidation Shares which were issued on 5 March 2015.

  • Computed on the basis of 13,834,241 issued Shares (the Company does not have treasury shares) which excludes the 387,358,736 rights Pre-Consolidation Shares which were issued on 5 March 2015.

  • On 18 September 2015, the Company announced a proposed share consolidation to consolidate every twenty (20) Pre-Consolidation Shares in the capital of the Company into one (1) Share (the “Share Consolidation”).

  • The Convertible Loan Note will be converted into shares of the Company and will result in the issuance of 12,500,000 Pre-Consolidation Shares (the “Conversion Shares”) at the issue price of S$0.06 per share (before adjustment for the Consolidation) to the holder of the Convertible Loan Note.

  • At December 31, 2018 there were no non-voting common shares outstanding (December 31, 2017 – nil).Effective December 27, 2018, the Company consolidated its issued and outstanding common shares (the "Pre-Consolidation Shares") on the basis of one (1) new common share (the "Post-Consolidation Shares") for every five (5) Pre-Consolidation Shares held (the "Share Consolidation").

  • The Company will pay Success Rider Inc, a company incorporated in the British Virgin Islands a finder’s fee by way of the issuance of 57,500,000 new Pre-Consolidation Shares at an issue price of S$0.06 per share (prior to adjustment for the Share Consolidation) in lieu of fees (“Introductory Fees Shares”).

  • The Consolidation will be construed in accordance with and governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein and the holder of Pre-Consolidation Shares covered by this letter of transmittal hereby unconditionally and irrevocably attorns to the nonexclusive jurisdiction of the courts of the Province of Ontario and the courts of appeal therefrom.

Related to Pre-Consolidation Shares

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Total Merger Consideration has the meaning set forth in Section 2.2(a).

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Cash Merger Consideration has the meaning set forth in Section 2.5.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Share Consideration has the meaning given to it in Section 2.2;

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

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Company Capitalization means the sum, as of immediately prior to the Equity Financing, of: (1) all shares of Capital Stock (on an as-converted basis) issued and outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding (A) this instrument, (B) all other Safes, and (C) convertible promissory notes; and (2) all shares of Common Stock reserved and available for future grant under any equity incentive or similar plan of the Company, and/or any equity incentive or similar plan to be created or increased in connection with the Equity Financing.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Final Merger Consideration has the meaning set forth in Section 2.10(b)(ii)(D).

  • Distribution Effective Time means 12:01 a.m., Eastern time, on the Distribution Date.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).