Examples of Rights Offering Price in a sentence
The Company proposes to raise gross proceeds of approximately EUR 19.1 million through the Rights Offering at a Rights Offering Price of EUR 0.0675 per New Ordinary Share per New Ordinary Share.
In addition, the Company undertook that in the event that the value of the Rump Shares (circulated as the multiple of the number of Rump Shares by the Rights Offering Price (the "ARSV")) is less than EUR 3 million EUL may demand, at its sole discretion, that the Company issue and EUL and/or a person nominated by it shall subscribe for the Additional Placing Shares at the Rights Offering Price.
In addition, the Company undertook that, in the event that the value of the Rump Shares (calculated as the multiple of the number of Rump Shares by the Rights Offering Price (the "ARSV")) is less than EUR 3 million, EUL may demand, at its sole discretion, that the Company issue and EUL and/or a person nominated by it shall subscribe for the Additional Placing Shares at the Rights Offering Price.
Additionally, the New Board will establish the Management Equity Incentive Plan that will provide for the issuance of certain equity-based awards exercisable for up to 5% of the New Common Stock, with a strike price at least equal to the Rights Offering Price.
These savings include substantial savings in gallons of hazardous waste (the oil itself), and oil filter disposal, in addition to cost savings in labor and materials.