Subscription Receipt Financing means the brokered private placement of subscription receipts of DeFi (the “Subscription Receipts”) at a price per Subscription Receipt of $1.00, for aggregate gross proceeds of $17,715,000 and each Subscription Receipt being exchangeable, without additional consideration, for one DeFi Share, which shall be exchanged by the holder thereof for economically equivalent securities of WonderFi, on a post-consolidated basis;

Subscription Receipt Financing means the non-brokered private placement by Cannara of the Cannara Subscription Receipts.

Subscription Receipt Financing means the equity financing of the Company completed in two tranches:

Examples of Subscription Receipt Financing in a sentence

The fair value of the Broker Warrants issued in connection with the Subscription Receipt Financing was calculated using the Black-Scholes option pricing model with the following assumptions: i) exercise price per warrant of $0.25; ii) expected share price volatility of 75%; iii) risk-free interest rate of 0.26%; iv) expected life of 2 years; v) no dividend yield.
Total share issue costs related to the RTO Transaction and Subscription Receipt Financing was$854,810.
The gross proceeds from the Subscription Receipt Financing (collectively, the “Escrowed Funds”), less the reasonable expenses of the Subscription Receipt Agent incurred in connection with the Subscription Receipt Financing, were held in escrow pursuant to the terms of the Subscription Receipt Agreement and shall be released immediately prior to completion of the Transaction.
Blacklist now has offices in Washington, Oregon and California.In 2018, Blacklist completed the Subscription Receipt Financing and the Debenture Financing.
Each Subscription Receipt comprised one common share of the Company and one share purchase warrant with an exercise price of CA$0.80 per share expiring five years from the date of closing of the Subscription Receipt Financing.

More Definitions of Subscription Receipt Financing

Subscription Receipt Financing means the equity financing of Blacklist Finco completed on November 26, 2018 and December 4, 2018 raising gross proceeds of $7,140,073 through the issuance of Subscription Receipts at $0.50 per Subscription Receipt;

Subscription Receipt Financing means the equity financing of Pinestar completed on February 8, 2022 raising gross proceeds of US$8,000,000 through the issuance of Subscription Receipts at US$0.50 per Subscription Receipt;

Subscription Receipt Financing means the offering by Xxxxx of up to 18,181,818 subscription receipts, or such other number as the Boards of Directors of Xxxxx and Geovic may determine, at an estimated price of Cdn$2.75 per subscription receipt, or at such other price as the Boards of Directors of Xxxxx and Geovic may determine to be the fair market value per subscription receipt, for aggregate gross proceeds of up to Cdn$50,000,000. Immediately prior to the Effective Date, each subscription receipt is exercisable, without the payment of any further consideration, into such number of Xxxxx Common Shares and Xxxxx Financing Warrants as the Boards of Directors of Xxxxx and Geovic may determine;

Subscription Receipt Financing means the financing of Blueberries consisting of the sale of 35,230,000 Subscription Receipts at a price of $0.25 per Subscription Receipt for gross proceeds of $8,807,500.

Subscription Receipt Financing means the private placement of Subscription Receipts at a price of $0.25 each, to raise minimum aggregate gross proceeds of C$1,500,000;

Subscription Receipt Financing means the equity financing of Atlas completed on January 11, 2019 and May 15, 2019 raising gross proceeds of $10.1 million through the issuance of Subscription Receipts at$0.17 per Subscription Receipt.

Subscription Receipt Financing means the brokered private placement of Subscription Receipts of 51st Parallel to be completed prior to the Effective Time.