Examples of Rights Offering Subscription Price in a sentence
On or as soon as practicable after the Effective Date, GGS Holdings shall issue the Rights Offering Shares, in exchange for payment therefor, to those Eligible Participants, that, in accordance with this Plan and the Rights Offering Procedures, validly exercised their respective Rights to participate in the Rights Offering and paid the appropriate Rights Offering Subscription Price for each Right to the Subscription Agent.No fractional New Common Units will be issued.
Some of the important risks and uncertainties that could affect forward-looking statements include, but are not limited to: the closing of the dlhB Acquisition; the closing of the Private Placement and Rights Offering, including the determination of the Private Placement Subscription Price and the Rights Offering Subscription Price; and operational, general economic, market and business conditions, regulatory developments and weather.
The Debtors shall, subject to the treatment described in Article III.B.4(c) of the Plan, raise up to an aggregate of $75 million of equity capital through the Rights Offering, pursuant to which eligible Holders of Allowed Second Lien Term Loan Claims may elect to purchase for Cash their Pro Rata share of 80% of the New Common Stock at the Rights Offering Subscription Price, subject to the DIP Rollover and dilution on account of the Management Incentive Plan.
An Eligible Participant shall be deemed to have relinquished and waived all rights to participate in the Rights Offering to the extent the Subscription Agent for any reason does not receive from an Eligible Participant, on or before the Rights Offering Expiration Date, (i) a duly completed Rights Exercise Form and (ii) immediately available funds by wire transfer for the Rights Offering Subscription Price with respect to the Rights the Eligible Participant is exercising in such Rights Exercise Form.
In order to exercise Rights, an Eligible Participant must duly complete, execute and timely deliver the Rights Exercise Form, along with payment of the Rights Offering Subscription Price for each share subscribed, in accordance with the Rights Offering Procedures.
Each Right will entitle its holder to purchase one New Common Unit at the Rights Offering Subscription Price of $8.0887 per unit, representing a 15% discount to the per unit equity value, prior to giving effect to dilution from the New MIP Common Units and derived from the implied enterprise value of the Reorganized Debtors on the Effective Date of $190 million as restructured under the Plan.