Reverse Stock Split Ratio definition
Reverse Stock Split Ratio means the Proposed Reverse Stock Split Ratio selected by the Board of Directors to apply to the reverse stock split of the outstanding shares of the Company Common Stock following the approval of the Reverse Stock Split Proposal by the Company’s stockholders.
Reverse Stock Split Ratio means the quotient of (x) one (1) divided by (y) two (2).
Reverse Stock Split Ratio means the number of shares of Pre-Reverse Stock Split Adamis Shares that are combined and converted into one share of New Adamis Common Stock in the Reverse Stock Split, as determined by the Adamis Board and specified in the Adamis Reverse Stock Split Amendment.
Examples of Reverse Stock Split Ratio in a sentence
Immediately prior to the Effective Time and subject to stockholder approval thereof, LQ Parent shall effect the Reverse Stock Split, whereby each share of LQ Parent Common Stock (par value $0.01) will be reclassified and combined into a fraction of a share of LQ Parent Common Stock (par value $0.02) equal to the Reverse Stock Split Ratio (the “LQ Parent Share Cancellation”).
For the avoidance of doubt, if the Reverse Stock Split Proposal is approved by the Company’s stockholders and the related amendment to the Company’s certificate of incorporation becomes effective, the Conversion Price shall be adjusted for the applicable Reverse Stock Split Ratio.
More Definitions of Reverse Stock Split Ratio
Reverse Stock Split Ratio shall be expressed as a fraction, the numerator of which shall equal one (1) and the denominator of which shall equal the Pre-Effective La Jolla Shares divided by the Post-Effective La Jolla Stockholder Shares.
Reverse Stock Split Ratio means the quotient obtained by dividing (i) one by (ii) five.
Reverse Stock Split Ratio means a factor of four, three or two, relating to the number of shares of outstanding Common Stock, as determined by the Board of Directors, that will be combined into one share of the Company's Common Stock in the Reverse Stock Split.
Reverse Stock Split Ratio means two (2).
Reverse Stock Split Ratio means the ratio pursuant to which Common Stock shall be converted in connection with the Reverse Stock Split, which shall be determined in accordance with Section 5.21(b).
Reverse Stock Split Ratio has the meaning set forth in Section 2.5.
Reverse Stock Split Ratio shall be equal to the Pre-Effective Cellegy Shares divided by the Post-Effective Cellegy Shareholder Shares.