Existing Common Shares definition

Existing Common Shares means the common shares without par value in the capital of the Company that are duly issued and outstanding immediately prior to the Effective Time.
Existing Common Shares means the sum of (x) the number of shares of Common Stock outstanding immediately following the Closing and (y) the number of shares of Common Stock issued in connection with the Advisory Agreement prior to or substantially concurrently with conversion of the Convertible Preferred Stock pursuant to Section 6(b).

Examples of Existing Common Shares in a sentence

  • The New Shares will be issued credited as fully paid and will rank in full for all dividends and other distributions declared, made or paid after Admission in respect of the Common Shares and will otherwise rank on Admission pari passu in all respects with the Existing Common Shares.

  • As announced on 23 November 2020 and approved by Shareholders, the Company undertook a Share Consolidation whereby every 10 Existing Common Shares were consolidated into one New Common Share.

  • Accordingly, the Company’s Existing Common Shares were suspended from trading on 1 July 2020 pending completion of the Acquisition (“Completion”) described further below.

  • All roofing installed shall meet the requirements listed in the UFC 3-110-03, the general requirements, the roofing manufacturer’s requirements and recommended actions, and the contract specifications.

  • Note 2 - Existing Common Shares are being consolidated on a 200:1 basis.5 Currently, there are 175,547,151 shares outstanding and, accordingly, the existing common shareholders will continue to hold 877,736 of Existing Common Shares having a book value of $877,736.


More Definitions of Existing Common Shares

Existing Common Shares means the Common Shares issued and outstanding as at the relevant time, including, for greater clarity, any Common Shares issued to the Convertible Debentureholders upon exchange or conversion of the Convertible Debentures pursuant to this Plan of Arrangement or otherwise;
Existing Common Shares means the approximately 18.6 million publicly traded shares of common stock issued by Rand.
Existing Common Shares means the existing common shares of the Company
Existing Common Shares means the common shares in the capital of the Company that are duly issued and outstanding immediately prior to the Consolidation.
Existing Common Shares are the approximately 18.6 million publicly-traded shares of common stock issued by the Company and trading on NASDAQ under the ticker symbol “RLOG.”