Pre-Split definition
Examples of Pre-Split in a sentence
Such Company Shareholder is the sole legal and beneficial owner of the Pre-Split Shares set forth opposite such Company Shareholder’s name on Schedule A hereto, and all such Subject Shares are owned by such Company Shareholder free and clear of all liens or encumbrances, other than liens or encumbrances pursuant to this Agreement, the Organizational Documents of the Company, the JVIA (as defined below), the Merger Agreement or applicable federal or state securities laws.
If my options were granted prior to October 23, 2009, the number of options and exercise price are reflected below on a Pre-Split and Post-Split basis.
Each Rights Holder is entitled to subscribe for all or any portion of the shares of Pre-Split Common Stock that may be purchased upon exercise of the Rights (the "Basic Subscription Privilege").
If the shares of Pre-Split Common Stock not subscribed for by Rights Holders through exercise of the Basic Subscription Privilege are not sufficient to satisfy all oversubscriptions, available shares will be allocated pro rata (subject to the elimination of fractional shares) among oversubscribing Rights Holders in proportion to the number of shares of Pre-Split Common Stock each oversubscribing Rights Holder has subscribed for under the Basic Subscription Privilege.
The Company shall have (i) paid $100,000 to Wexford Management, in cash (the "Wexford Fee"), in consideration of its advice and cooperation in arranging the Restructuring Plan, in immediately available funds or by its good check to the order of Wexford Management, and (ii) delivered $100,000 to the order of the Stand-by Purchasers (in the form of certificates for 549,752 fully paid and non-assessable shares of Pre-Split Common Stock).
Each Right also entitles the Rights Holder to oversubscribe for any shares not sold to Rights Holders exercising the Basic Subscription Privilege, not to exceed one additional share of Pre-Split Common Stock for each share of Pre-Split Common Stock purchased under the Basic Subscription Privilege (the "Oversubscription Privilege").
The Rights, and the shares of Pre-Split Common Stock deliverable upon subscription under the Rights, shall have been accepted for listing, upon official notice of issuance, on the New York Stock Exchange.
SGXK Shareholder owns or controls greater than seventy percent (70%) of the issued and outstanding shares of SGXK, determined on a fully-diluted basis before giving effect to the issuance of 522,418 additional shares of Pre-Split SGXK Common Stock pursuant to the 2002 Plan.
As of 12:01 A.M. (Eastern Time) on July 22, 2008 (the "Effective Time"), each issued and outstanding share of the Corporation's Class A Subordinate Voting Stock and Class B Stock (including each share of treasury stock, the "Pre-Split Common Stock") shall automatically and without any action on the part of the holder thereof be consolidated, combined and reclassified to one-twentieth (1/20) of a share of Common Stock (such consolidation of shares designated as the "Reverse Stock Split").
Simultaneously with the filing of the Amended SurgiCare Charter and pursuant thereto, SurgiCare will effect a reverse stock split whereby each outstanding share of common stock, par value $0.005 per share (the "Pre-Split Common Stock"), of SurgiCare shall be reclassified and reduced to a fraction of a share of Class A Common as contemplated by the ▇▇▇▇▇▇▇▇ ▇▇ Subscription Agreement (as hereinafter defined).