Forward Split definition

Forward Split has the meaning set forth in Section 5.10.
Forward Split shall have the meaning set forth in Section 6.2(g).
Forward Split means the 1.6 new for each old share split to be completed by the Company immediately after the Closing Date.

Examples of Forward Split in a sentence

  • NoneList any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:  150-1 Forward Split mailed out directly to shareholders1.

  • Prior to the Forward Split, the Company had 9,016,453 Shares issued and outstanding.

  • As a result of the Stock Split, 9,602,569 shares of common stock issued and outstanding immediately before the Forward Split increased automatically, and without any further action from the Company’s stockholders, to 74,900,039 shares of common stock.

  • Immediately following the Forward Split, the Company had 90,164,530 Shares issued and outstanding.

  • On April 10, 2017, the Company completed the previously announced Forward Split and as a result, the Company's outstanding Shares increased from 49,733,951 Shares to 149,201,853 Shares.


More Definitions of Forward Split

Forward Split means the forward split of the Issuer’s common shares, completed on January 4, 2019, on the basis of one (1) old for four (4) new shares.
Forward Split means the forward split by the Company of its previously issued and outstanding Shares on the basis of three post-split Shares for every one outstanding Share.
Forward Split means the 1-for-5.5 forward split of the Preferred Stock reflected in the Certificate of Designation. .
Forward Split means a forward split of the SI Shares on a 2.5
Forward Split shall have the meaning set forth in Section 8(a)(xiii).
Forward Split shall have the meaning ascribed to such term in the Recitals.
Forward Split there is 1 share outstanding prior to the consummation and execution of this Agreement. Pursuant to this Agreement, the 1 Share will be split according to the interest being acquired (87.5%) by the Buyer and the interest being retained (12.5%) by the Seller. The 1 share will be forward split by a ratio of 20,000,000 to 1, such that, after the split, Seller will retain 2,500,000 shares to be delivered pursuant to the Dividend Distribution in Section 1.13, and the Buyer will own 17,500,000 shares of the Corporation.