Go Public Transaction definition

Go Public Transaction means listing of the Optionee’s Common Shares on an Exchange; (b) the acquisition of the Optionee by an existing company listed on an Exchange, such that the resulting effect is that holders of the Optionee’s Common Shares receive shares in the capital of the Resulting Issuer; (c) the assignment or transfer of the rights granted under this Agreement by the Optionee, directly or indirectly, to an existing company listed on an Exchange; or (d) any other type of transaction whatsoever which results in the current holders of the Optionee’s Common Shares receiving shares of a company listed on an Exchange for their existing Optionee Common Shares, or which results in the rights granted under this Agreement being held by a company listed on an Exchange;

Go Public Transaction means a transaction contemplated by a Go Public Agreement that results in the shareholders of the Optionee holding shares in a “reporting issuer” as defined under applicable Canadian securities laws that is listed on a recognized Canadian stock exchange.

Go Public Transaction means a transaction whereby the Company becomes a publicly traded company on a recognized stock exchange in Canada or the United States (including but not limited to the Over-the-counter bulletin board) whether pursuant to: (i) a final prospectus for which a receipt has been issued by a securities commission or similar regulatory body in Canada or pursuant to an effective registration statement filed with the United States Securities and Exchange Commission; or (ii) pursuant to a reverse take-over, statutory amalgamation, statutory arrangement or similar transaction involving the Company and which, in each case, results in the common stock of the Company or the common stock of the resulting issuer being listed on a recognized stock exchange in Canada or the United States;

Examples of Go Public Transaction in a sentence

• In such circumstances, Tidal has the right to convert the Tidal Debenture into common shares of the Company at a price equal to the lesser of (i) $2.50; and (ii) a 20% discount to the issue price or effective price for any financing completed as part of or concurrently with the Go Public Transaction, if applicable, or the effective purchase price per common share of the Company in the case of a Change of Control transaction.

• On January 15, 2019, the Company entered into a note payable agreement in the amount of $1,100 in exchange for cash receipts of $1,000 maturing the earlier of March 25, 2019 or 30 days after the Go Public Transaction.

• Teams will have the below set amount of break time in between games, sets and matches during the Monthly Finals.

• Payment of McKinney option payment The Company paid $45,000 on July 6, 2022 in satisfaction of the obligation to make a payment for McKinney to the Optionor upon completion of the Go Public Transaction.

• In the event the Go Public Transaction is not completed by the Maturity Date, subject to the exercise of the Conversion Option Notice, the principal amount of Debentures and all accrued and unpaid interest (being $•per $1,000 principal amount) will be repayable in cash by the Company.

• Notwithstanding the foregoing, provided that this Debenture is not converted by the Creditor in accordance with Article Five in connection with a Change of Control transaction or Go Public Transaction, the Corporation shall be permitted to repay to the Creditor the whole of any principal sum and any accrued interest owing by it hereunder as part of and at the time of completion of such Change of Control transaction or Go Public Transaction.

• With respect to Section 6, Future Rights will only survive Termination if a Go Public Transaction was consummated during the term of the Agreement and the Agreement has not been terminated for Cause.

• Au NelliganAnnounced RTO with Blue Thunder Go Public Transaction in Q2 2023• Announced RTO with TSX-V listed Blue Thunder Mining Inc.

• On the date that is ten (10) Business Days prior to the Maturity Date, the Company will send a notice (the “ Conversion Option Notice”) to the Debentureholders, the form of which is attached hereto as Exhibit “B”, advising Debentureholders that the Go Public Transaction will not occur by the Maturity Date and providing the Debentureholders with ten (10) Business Days to elect to convert the Debentureholder’s principal amount of the Debentures and all accrued and unpaidinterest into Units.

• Earnings in excess of $480 for each full-time student 18 years old or older, excluding the head of household and spouse.

More Definitions of Go Public Transaction

Go Public Transaction means an initial public offering, whether on a treasury or secondary basis, to the public, of any securities in Canada or the United States by way of a prospectus, registration statement or other similar disclosure document, or a direct listing transaction, which results in such securities being freely tradable in a jurisdiction to and between members of the public without the requirement of filing a further prospectus or similar disclosure document, and shall include other comparable go-public transactions such as a reverse take-over transaction, a go-public transaction with a special-purpose acquisition company (SPAC), or analogous “blank check company” effected via a “de-SPAC” transaction or analogous transaction.

Go Public Transaction means (i) a transaction with a capital pool corporation or other entity that is a reporting issuer in at least one jurisdiction of Canada by way of plan of arrangement, amalgamation, reverse take-over, qualifying transaction, or any other business combination or similar transaction pursuant to which securities of the Licensee (or securities of the resulting issuer) are listed on a recognized stock exchange in Canada or the United States, (ii) an initial public offering or other similar transaction (including a privately placed offering followed by a listing of securities) and listing of securities of the Licensee on a recognized stock exchange in Canada or the United States, or (iii) an acquisition, whether by merger, amalgamation, plan of arrangement, share purchase or other similar transaction by a person, or group of persons, of all of the outstanding securities of the Licensee.

Go Public Transaction means the Company successfully files a Registration Statement with the Securities and Exchange Commission or successfully completes a Reverse Merger Transaction whereby the Company’s class A common shares are listed for public trading on an Approved Exchange.

Go Public Transaction means a transaction or series of transactions, which is completed concurrently in connection with a Qualified Financing, that result in any of the following: (a) an initial public offering of the Company’s securities resulting in the Company’s securities being listed for trading on the Stock Exchange and the Company becoming a “reporting issuer” (as that term or its equivalent is defined in applicable securities laws) in any jurisdiction in Canada (or the equivalent in any other jurisdiction) provided that, at the time of such listing, all of the Units (including the Units into which the Debentures may be converted pursuant to the terms herein) shall not be subject to any restricted period or hold period under applicable securities laws (other than in respect of resales by control persons or any escrow requirements of an applicable Stock Exchange); (b) an amalgamation, arrangement, merger, reverse takeover, reorganization or other similar transaction of the Company with or into any other person (provided that the other person is not an Affiliate of the Company) whereby all of the issued and outstanding Units are sold, transferred or exchanged for Free Trading Securities, or which results in all of the Units (or the securities of a successor issuer) being listed on a Stock Exchange and not being subject to any restricted period or hold period under applicable securities laws (other than in respect of resales by control persons or any escrow requirements of an applicable Stock Exchange); (c) a sale or conveyance of all or substantially all of the property and assets of the Company to any arm’s length third party for consideration consisting of Free Trading Securities and the subsequent distribution of all of such consideration to all of the holders of Units, on a pro rata basis; (d) the sale or exchange of all or substantially all of the units of the Company for Free Trading Securities; or (e) any combination of the events or circumstances described in subsections (a), (b), (c) or (d) above, such that all of the Units shall be subject to one or more of subsections (a), (b), (c) or (d), above;

Go Public Transaction means a transaction with a capital pool company or other company that is a reporting issuer in at least one jurisdiction of Canada, by way of plan of arrangement, amalgamation, reverse take-over, qualifying transaction, any other business combination or other similar transaction or an initial public offering, direct listing or other similar transaction pursuant to which the Common Shares (or the common shares of the resulting issuer) are listed on the TSX Venture Exchange, the CSE or any other exchange. For greater clarity, for the purposes of this Debenture a “Go Public Transaction” does not include the Liquidity Event;