Effect on Trading Market. Registration Under Section 12(g) of the Exchange Act.......................... 12 Control of Limited Partner Voting Decisions by Purchaser; Effect of Relationship with General Partner............................................................................... 12 Section 8. Future Plans of Insignia, IPT and the Purchaser................................................. 13 Section 9. Certain Information Concerning the Partnership.................................................. 13
Effect on Trading Market. If a substantial number of Shares are purchased pursuant to the Offer the result would be a reduction in the number of Shareholders. Reducing the number of security holders in certain kinds of equity securities might be expected to result in a reduction in the liquidity and volume of activity in the trading market for the security. However, there is no established public trading market for the Shares and none is expected to develop. Therefore, the Purchasers do not believe a reduction in the number of Shareholders will materially further restrict the Shareholders’ ability to find purchasers for their Shares through secondary market transactions.
Effect on Trading Market. If a substantial number of Units are purchased pursuant to the Offer the result would be a reduction in the number of Unit holders. Reducing the number of security holders in certain kinds of equity securities might be expected to result in a reduction in the liquidity and volume of activity in the trading market for the security. However, there is no established public trading market for the Units and none is expected to develop. Therefore, the Purchasers do not believe a reduction in the number of Unit holders will materially further restrict the Unit holders’ ability to find purchasers for their Units through secondary market transactions.
Effect on Trading Market. There is no established formal public trading market for the units and, therefore, a reduction in the number of limited partners should not materially further restrict the ability of limited partners to find purchasers for their units. (See "
Effect on Trading Market. Registration Under Section 12(g) of the Exchange Act ...
Effect on Trading Market. If a substantial number of Shares are purchased pursuant to the Offer the result would be a reduction in the number of Shareholders. Reducing the number of security holders in certain kinds of equity securities might be expected to result in a reduction in the liquidity and volume of activity in the trading market for the security, which is already fairly limited in trading volume.
Effect on Trading Market. There is no established public trading market for the Units and, therefore, a reduction in the number of Unitholders should not materially further restrict the Unitholders' ability to find purchasers for their Units on any secondary market. Voting
Effect on Trading Market. Registration Under Section 12(g) of the Exchange Act......................................................................... 19 Control of Unitholder Voting Decisions by Purchaser........................................... 19
Effect on Trading Market. If a substantial number of Shares are purchased pursuant to the Offer the result would be a reduction in the number of Shareholders. Reducing the number of security holders in certain kinds of equity securities might be expected to result in a reduction in the liquidity and volume of activity in the trading market for the security. However, concerning the Class B Shares, there is no established public trading market for the Shares and none is expected to develop (although such shares will convert to Class A Shares as described herein). Therefore, the Purchasers do not believe a reduction in the number of Shareholders will materially further restrict the Shareholders’ ability to find purchasers for their Shares through secondary market transactions.
Effect on Trading Market. If the Purchasers acquire 100% of the outstanding Units, or even if the Purchasers acquire a majority of the outstanding Units, the secondary market trading in the Units would be materially reduced. The existence of a majority Unit holder could reduce the desirability of owning a minority interest in the Company, which could reduce the price a buyer would be willing to pay for your Units in the secondary market.
