Concurrent Offering Sample Clauses
A Concurrent Offering clause defines the terms under which a company may offer securities simultaneously through multiple channels or to different groups of investors. In practice, this means the company can conduct, for example, a public offering while also making a private placement, or offer shares in different markets at the same time. This clause ensures that all parties understand how such simultaneous offerings are managed, helping to prevent conflicts, regulatory issues, or dilution concerns that could arise from overlapping sales.
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Concurrent Offering. On June 16, 2015, the Company priced its offering of an aggregate of 4.6 million shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series A, no par value per share and liquidation preference of $25 per share, at an offering price in the aggregate of $115,000,000.
Concurrent Offering. Substantially concurrently with this offering of shares of common stock, we have priced a private unregistered offering (the “Concurrent Convertible Notes Offering”) of $125,000,000 aggregate principal amount of 5.000% convertible senior notes due 2023 (the “convertible notes”) at par and expect to receive net proceeds after deducting initial purchasers’ discounts and commissions of approximately $120.9 million. We have also granted the initial purchasers a 30-day option to purchase an additional $25,000,000 aggregate principal amount of convertible notes from us. Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy the convertible notes.
Concurrent Offering. The Company has full right, power and authority to make the Concurrent Offering and to perform its obligations thereunder; and all action required to be taken for the due and proper authorization of the Concurrent Offering and the consummation by it of the transactions contemplated thereby has been duly and validly taken. The Concurrent Offering conforms, and will conform, in all material respects to the requirements of the Securities Act.
Concurrent Offering. On March 12, 2015, the Issuer also priced an offering of $1,000,000,000 aggregate principal amount of 4.625% senior secured notes due 2023 with estimated net proceeds of approximately $988,000,000 after deducting underwriting discounts and commissions and payment of estimated fees and expenses. The offering of the Issuer’s 4.625% senior secured notes due 2023 is subject to several closing conditions and there can be no assurance that the offering will close. The closing of the offering of the Senior Notes is not contingent on the closing of the offering of the senior secured notes.
Concurrent Offering. The Company shall have closed an offering of (i) one million six hundred and sixty-six thousand, six hundred and sixty seven (1,666,667) newly-issued shares of its Common Stock at an issuance price of Ninety Cents ($0.90) per share and (ii) warrants (the "Common Warrants") to purchase (A) four hundred and sixteen thousand, six hundred and sixty-seven (416,667) shares of its Common Stock at an exercise price of One Dollar and Eleven Cents ($1.11) per share and (B) four hundred and sixteen thousand, six hundred and sixty-seven (416,667) shares of its Common Stock at an exercise price of One Dollar and Thirty-Three Cents ($1.33) per share.
Concurrent Offering. Except for the closing of this offering, all conditions precedent to the closing of the Concurrent Offering shall have been satisfied or waived.
Concurrent Offering. The Issuer is also concurrently offering units (“Units”) at a price of $0.125 per Unit (the “Concurrent Offering”). Each Unit consists of one Common Share of the Issuer and one Common Share purchase warrant (“Unit Warrant”). Each Unit Warrant will entitle the holder to purchase one Common Share for a period of one year at a price of $0.175 per Warrant Share. Further details regarding the Concurrent Offering are available from the Issuer. The issue of the Warrants will not restrict or prevent the Issuer from obtaining any other financing, or from issuing additional securities or rights, during the period within which the Warrants may be exercised. number of non-transferable warrants equal to up to 7% of the number of FT Units sold to Purchasers under the Offering, with each finder’s warrant entitling the holder to purchase one Common Share for a period of one year at an exercise price of $0.125 per Common Share. (the "Canadian Selling Jurisdictions").
Concurrent Offering. Purchaser understands and acknowledges that the Company is conducting a concurrent offering of its securities in accordance with the terms set forth in the Purchase Agreements. Purchaser represents and warrants that it (i) has read the Purchase Agreements in their entirety, (ii) understands all of the terms and conditions of the Purchase Agreements, and (iii) has had the opportunity to ask representatives of the Company certain questions and request certain additional information regarding the terms and conditions of the Purchase Agreements and has had any and all such questions and requests answered to its satisfaction.
Concurrent Offering. Concurrently, the Company is offering for sale in a private placement transaction, separate warrants to acquire 250,000 shares of the Company’s common stock at a purchase price of $.04 per warrant (the “Concurrent Offering”). Each warrant offered in the Concurrent Offering (the “Concurrent Warrants”) is initially exercisable into one (1) share of Common Stock at an exercise price of $2.00 per share, subject to adjustment and redemption. The terms of the Concurrent Warrants are identical to the terms of the Form of Warrant, attached hereto and made a part hereof as Exhibit A. Participation in this Offering does not provide any rights to participate in the Concurrent Offering.
Concurrent Offering. On the date hereof, the Company and JDS Uniphase Canada Ltd. shall have entered into the Exchangeable Share Purchase Agreement.