Reverse Splits definition

Reverse Splits. Reverse Splits are paid when HNB is given credit for the split by DTC, which is usually, but not always, on the Ex-Date.
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Reverse Splits. Reverse Splits are paid when HNB receives credit for the split, which is usually, but not always, on the Ex-Date. Mergers: Mergers are adjusted to accounts when HNB receives credit for the merger, or in the case of a certificate, when HNB receives the new certificate from the transfer agent. Tender Offers: Tender Offers are adjusted to accounts when HNB receives credit. As with the case of a Merger, the Effective Date is usually meaningless as a Tender Offer often times is extended. Some Tender Offers are also “pro-rated” meaning that not all of the tendered shares will be accepted, only a portion of those shares.
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Reverse Splits means the one-for-fifteen share combination of Parent Common Stock effected by completion of the Parent Charter Document Amendments.
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Examples of Reverse Splits in a sentence

  • These include: All Dividends, Stock Splits, New Stock Issues, Reverse Splits, Name Changes, Mergers, Acquisitions, Dissolutions, Bankruptcies or Liquidations.

  • Reverse Splits: Reverse Splits are paid when HNB receives credit for the split, which is usually, but not always, on the Ex-Date.

  • Section 2.9 Cancellation and Destruction of Surrendered Certificates 12 Section 2.10 Splits and Reverse Splits of Shares 12 Article III.

  • Section 2.9 Cancellation and Destruction of Surrendered Certificates 11 Section 2.10 Splits and Reverse Splits of Shares 11 Article III.

  • This can include Corporate Actions such as, but not limited to: Splits / Reverse Splits, Dividends Payments, Rights Issues, Mergers or Acquisitions, etc.

  • The ratio of the Reverse Splits, the date upon which any Reverse Split shall be effective and the amount of the Authorized Share Increase shall each be determined by the Company’s Board of Directors and shall each be approved by the Requisite Holders.

  • Section 2.7 Limitations on Delivery, Registration of Transfer and Surrender of Shares 11 Section 2.8 Lost Certificates, Etc 11 Section 2.9 Cancellation and Destruction of Surrendered Certificates 11 Section 2.10 Splits and Reverse Splits of Shares 11 Article III.

  • Section 2.7 Limitations on Delivery, Registration of Transfer and Surrender of Shares 11 Section 2.8 Lost Certificates, Etc 12 Section 2.9 Cancellation and Destruction of Surrendered Certificates 12 Section 2.10 Splits and Reverse Splits of Shares 12 Article III.

  • Reverse Splits: Reverse Splits are paid when HNB is given credit for the split by DTC, which is usually, but not always, on the Ex-Date.

Related to Reverse Splits

  • Reverse Split has the meaning set forth in Section 5.21.

  • Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.

  • 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;

  • Reverse Stock Split Date means the first date following the Initial Exercise Date on which a reverse stock split of the Common Stock is approved and deemed effective.

  • Common Share Reorganization has the meaning set forth in Section 4.1;