Private Placement Financing definition

Private Placement Financing means the private placement of up to 32,000,000 INX Subscription Receipts at a price of $1.25 per INX Subscription Receipt for total gross proceeds of up to $40,000,000, or such other amount as may be mutually agreed to by INX and Valdy in writing;
Private Placement Financing means the non-brokered private placement of securities (pursuant to prospectus and registration exemptions in Canada, the United States, and in other jurisdictions acceptable to the parties to the Share Exchange Agreement, acting reasonably) of the Investment Vehicles and iAnthus Investor to raise aggregate gross proceeds of up to $8 million through the issuance of (a) equity securities, some of which may have restricted voting rights, at a minimum offering price of $1.25 or (b) the combination of (i) convertible security notes with one to three year terms and with a conversion price ranging from $1.65 to $1.00 per security and (ii) 35% warrant coverage with three year warrants with an exercise price of $1.75 per warrant. iAnthus has, as at the date of this Prospectus, closed $6,706,000 of the Private Placement Financing and was not required to, and did not, raise any further funds in the Private Placement Financing in order to satisfy a Closing condition.
Private Placement Financing means the private placement financings identified on Exhibit B and any other issuances or incurrences of Debt of the Company or a Restricted Subsidiary from time to time pursuant to privately placed note offerings to institutional investors or term loans from institutional lenders if the aggregate amount of Debt issued or Guaranteed by the Company and the Restricted Subsidiaries under such offering or loans exceeds

Examples of Private Placement Financing in a sentence

  • Announces Closing of Private Placement Financing Almaden Minerals Ltd.

  • During the year ended December 31, 2005, the Company entered into a Private Placement Financing Agreement with Colt Capital Corp.

  • No broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of INX, other than fees and commissions payable to the selling agents pursuant to the Private Placement Financing.

  • Common SharesAuthorized: Unlimited number of common shares Private Placement Financing On May 3, 2011, the Company completed a private placement with gross proceeds of $3,897 (Cdn$3,696) through the issuance of 17,600,000 units.

  • During 2005, the Company entered into a Private Placement Financing Agreement with Colt.


More Definitions of Private Placement Financing

Private Placement Financing means collectively, the Private Placement Financing Shares and the Private Placement Financing Special Warrants;
Private Placement Financing shall have the meaning provided in Section 8.20(a).
Private Placement Financing means the private investment in private equity financing received by Eos pursuant to the Private Placement Subscription Agreements, which will provide Eos Private Placement Financing in an aggregate amount of at least $7.5 million.
Private Placement Financing means the private placement of subscription receipts or other equity instruments of the Buyer in the aggregate amount of not less than US$10 million.
Private Placement Financing has the meaning set forth in the recitals to this Agreement.
Private Placement Financing means the private placement financings identified on Exhibit B and any other issuances or incurrences of Debt of the Company or a Restricted Subsidiary from time to time pursuant to privately placed note offerings to institutional investors or term loans from institutional lenders if the aggregate amount of Debt issued or Guaranteed by the Company and the Restricted Subsidiaries under such offering or loans exceeds $10,000,000.
Private Placement Financing means an offering of the stock, and/or warrants of the Company not requiring registration under the Securities Act of 1933, as amended, that provides the Company with proceeds (including any debt conversions) in an amount of at least $3,000,000.