Second Private Placement definition

Second Private Placement means the non-brokered private placement financing by the Company completed on September 30, 2021, and consisting of an aggregate of 2,050,000 special warrants at $0.20 per special warrant for gross proceeds of $410,000. Each special warrant was convertible into a unit of the Company comprised of one (1) Common Share and one (1) Common Share purchase warrant, with each warrant being exercisable into one (1) Common Share at a price of $0.20 for a period of five (5) years from the Listing Date. The special warrants were exercised into units on January 31, 2022.

Second Private Placement means the non-brokered private placement financing by the Company conducted on August 10, 2020, and consisting of an aggregate of 11,033,161 Common Shares at a price of $0.15 per share;

Second Private Placement means the private placement financing contemplated to be completed by the Company in accordance with the Investment Agreement, pursuant to which the Company will issue 232,142,857 Units (consisting of 232,142,857 Shares and 232,142,857 Warrants) to Vision Blue at a price of C$0.07 per Unit for gross proceeds of approximately US$12.4 million.

Examples of Second Private Placement in a sentence

• Upon completion of the Second Private Placement, Millennia is to be granted share purchase warrants to acquire up to 1% of the Company’s issued and outstanding shares at an exercise price equal to the closing price of the Company’s common shares on the day after the date of the Company’s news release announcing the execution of the Definitive Agreement.

• The closing of the Second Private Placement occurred on September 1, 2020.

• If closing of the Second Private Placement does not occur, the Company shall be entitled to purchase from Millennia the shares of Poly issued to Millennia upon closing of the First Private Placement at a price equal to US$12 million.

• Third Private Placement: Upon completion of the Second Private Placement, Millennia would have the right to directly invest, partner and/or arrange a further US$135 million for Poly within 360 days of the date of closing of the Second Private Placement in return for additional shares of Poly representing 20% of the outstanding shares of Poly (which would result in Millennia holding 63.77% of Poly’s shares).

• In the summer and fall of 2017, NextBlock took steps to pursue the RTO and Second Private Placement including by engaging Canaccord Genuity Group Inc.

More Definitions of Second Private Placement

Second Private Placement means the non-brokered private placement financing by the Company completed on July 24, 2020, and consisting of an aggregate of 12,000,000 Common Shares at a price of $0.02 per Share;

Second Private Placement means the non-brokered private placement financing by the Corporation completed on June 23, 2021, for gross proceeds of $751,159.28 by issuance of 2,209,292 Class A Common Shares at a price of $0.34 per share;

Second Private Placement means the non-brokered private placements of the Corporation of 5,599,000 Subscription Receipts completed on February 4, 2021 and which will result (subject to the satisfaction of the Escrow Release Conditions) in the deemed exercise or exchange of Subscription Receipts for Subscription Receipt Shares and Subscription Receipt Warrants;

Second Private Placement means the non-brokered private placement financing by the Company conducted on August 30, 2019, and consisting of an aggregate of 25,922,222 Common Shares at a price of $0.02 per Share;

Second Private Placement means the private placement of up to 400,000 common shares in the capital of Gusana at a purchase price of at least $0.75;

Second Private Placement means a private placement of the ConAgra Notes.

Second Private Placement means the private placement of up to 2,321,428 Units in the capital of Pubco at a purchase price of at least $0.84 per Unit;