ADS Offering definition

ADS Offering consists of an offering and sale of American Depositary Shares, each representing two Equity Shares, in the United States, Canada, Japan and certain other selected jurisdictions in the world other than India. The “Indian Offering” consists of a concurrent public offering of Equity Shares in India, subject to the rules and regulations of Securities and Exchange Board of India (“SEBI”) and applicable Indian law and a private placement of Equity Shares in certain other selected jurisdictions in the world other than the United States and Japan. It is understood that:
ADS Offering shall have the meaning ascribed thereto in Recital C of this Agreement.

Examples of ADS Offering in a sentence

  • To make any post-closing filing, notice or undertaking requested or required by any governmental agencies (including the post closing report to be filed with the Reserve Bank of India within 30 days of closing of the ADS Offering) with respect to the transactions contemplated by this Agreement.

  • Number of ADSs Offered by Sea: 11,000,000 ADSs (or an aggregate of 12,650,000 ADSs if the underwriters of the ADS Offering exercise their option to purchase additional ADSs in full).

  • Conversion Premium: Approximately 50% above the public offering price per ADS in the ADS Offering.

  • NIO plans to use the net proceeds from the ADS Offering mainly to fund its cash investments in NIO China, as well as other working capital needs.

  • Certain entities affiliated with one of Sea’s directors are expected to purchase an aggregate of approximately 314,500 ADSs in the ADS Offering at the public offering price and on the same terms as the other ADSs being offered.

  • CUSIP: 00000X000 ISIN: US81141R1005 ADSs Outstanding Immediately after the ADS Offering: 398,329,057 ADSs (or 399,979,057 ADSs if the underwriters of the ADS Offering exercise their option to purchase additional ADSs in full).

  • Opportunities for the creation of self organization can be seen and observed throughout the two villages.

  • Giving effect to the ADS Offering, as of June 30, 2009, our (i) shareholder’s equity would have been $35.2 million representing 840,400,422 issued and outstanding equity shares , (ii) security premium would have been $3,846.2 million, (iii) total equity would have been $8,606.1 million and (iv) total capitalization would have been $9,205.0 million (or $9,705.0 million after giving effect to this offering).

  • Our expenses incurred and paid to others in connection with the issuance and distribution of the ADSs in our 2016 ADS Offering totaled approximately US$35 million, which included approximately US$34 million for underwriting discounts and commissions and approximately US$1 million for other expenses.

  • As per the Sponsored ADR Regulations, the program has to be sponsored by the Company and all expenses incurred by the Company in relation to the Sponsored ADS Offering will be deducted from the proceeds and only the net amount will be paid to the Equity Shareholders whose shares have been accepted in the Sponsored ADS Offering.


More Definitions of ADS Offering

ADS Offering consists of an offering and sale of American Depositary Shares (“ADSs”), each representing three Equity Shares, in the United States, Canada, Japan and certain other selected jurisdictions in the world other than India. The “Indian Offering” consists of a private placement of Equity Shares by way of a Qualified Institutions Placement under the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 in India and certain other selected jurisdictions in the world other than the United States. It is understood that: The Company and you are entering into this Agreement providing for the purchase by the Underwriters named in Schedule I hereto (the “Underwriters”) of an aggregate of Equity Shares in the form of American Depositary Shares (the “Offered ADSs”). The Company and DSP Xxxxxxx Xxxxx Limited, Credit Suisse Securities (India) Private Limited, JM Financial Institutional Securities Limited, X.X. Xxxxxx India Private Limited, Xxxxxx Xxxxxxx India Company Private Limited, Barclays Securities (India) Private Limited, Xxxxxxx Sachs (India) Securities Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, UBS Securities India Private Limited (collectively, the “Managers”) are concurrently entering into a placement agreement (the “Indian Placement Agreement”) providing for the placement by the Managers of Equity Shares pursuant to the Indian Offering. The closing of the ADS Offering is conditioned on the closing of the Indian Offering. Xxxxxxx Xxxxx Xxxxxx, Xxxxxx & Xxxxx Incorporated (“Xxxxxxx Xxxxx”), Credit Suisse Securities (USA) LLC, X.X. Xxxxxx Securities LLC and Xxxxxx Xxxxxxx & Co. International plc will act as global coordinators and joint bookrunners (the “Global Coordinators and Joint Bookrunners”) and Barclays Capital Inc., Xxxxxxx, Sachs & Co., Nomura Securities International, Inc. and UBS Securities LLC will act as joint bookrunners (the “Joint Bookrunners”) for the ADS Offering.
ADS Offering means the offer by the Company of the New ADSs to the holders of ADRs on the register of the Depositary on the Record Date. ADS RIGHTS shall have the meaning ascribed thereto in Article 3 hereof. ADSs shall mean American Depositary Shares, each representing one Ordinary Share. AGREEMENT shall mean this Rights Agency Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof. BANK shall have the meaning ascribed thereto in the introductory statement hereof. COMMISSION shall mean the United States Securities and Exchange Commission. COMPANY shall have the meaning ascribed thereto in the introductory statement hereof. DEPOSIT AGREEMENT shall mean the Deposit Agreement dated as of August 7, 2000, among the Company, the Bank, as Depositary, and all owners and holders from time to time of ADRs issued thereunder. DEPOSITARY shall mean the Bank, as Depositary under the Deposit Agreement.
ADS Offering means the offer by the Company of the New ADSs to Holders on the ADS Record Date made in the Prospectus. ADS Rights Certificate shall mean a transferable rights certificate evidencing ADS Rights, in such form prepared by the ADS Rights Agent after consultation with the Company. Agreement shall mean this Supplemental Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof. Aggregate Payment Amount shall mean to total amount required to be wired to the Company by the ADS Rights Agent to pay the Actual Subscription Price on all New ADSs to be issued in connection with the Offering. Business Day shall mean any day, other than a Saturday or Sunday, that is not a day on which banking institutions are authorized or required by law or regulation to close in New York City or in the City of London. Commission shall mean the United States Securities and Exchange Commission. Cover Letter shall mean the notice provided by the Company to be mailed by the ADS Rights Agent on behalf of the Company to the Holders, in such form as shall be prepared by the Company. Custodian shall mean the Custodian then acting for the Depositary under the Deposit Agreement.

Related to ADS Offering

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • Rule 415 Offering means an offering on a delayed or continuous basis pursuant to Rule 415 (or any successor rule to similar effect) promulgated under the Securities Act.

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Piggyback Offering has the meaning set forth in Section 8(a).

  • Net Proceeds Offer has the meaning provided in Section 4.16.

  • Limited Offering means an offering that is exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or Section 4(6) or pursuant to Rule 504, Rule 505, or Rule 506 under the Securities Act of 1933.

  • Equity Offering means any public or private sale of common stock or Preferred Stock of the Company or any of its direct or indirect parent companies (excluding Disqualified Stock), other than:

  • Qualifying Offering means a private offering of *****’s equity securities (or securities convertible into or exercisable for *****’s equity securities) for cash (or in satisfaction of debt issued for cash) having its final closing on or after the date of this Agreement and which includes investment by one or more venture capital, professional angel, corporate or other similar institutional investors other than Stanford. For the avoidance of doubt, if ***** is a limited liability company, then “equity securities” means limited liability company interests in *****.

  • Subsequent Offering means any further issuance of Interests in any Series, excluding any Initial Offering or Transfer.

  • Rights Offering Amount means $50 million.

  • Net Proceeds Offer Trigger Date has the meaning provided in Section 4.16.

  • Offering Date means a date selected by the Board for an Offering to commence.

  • Delayed Offering means an offering of securities pursuant to Rule 415 which does not commence promptly after the effective date of a registration statement, with the result that only information required pursuant to Rule 415 need be included in such registration statement at the effective date thereof with respect to the securities so offered. Whether the offering of the Securities is a Non-Delayed Offering or a Delayed Offering shall be set forth in Schedule I hereto.

  • Subscription Offering means the offering of the Conversion Stock to Participants.

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.

  • Maximum Offering means, with respect to some or all participants in the Non-423(b) Plan Component, a maximum number or value of shares of the Common Stock made available for purchase in a specified period (e.g., a 12-month period) in specified countries, locations or to Employees of specified Designated Subsidiaries. Such maximum shall be determined by the Board (or a committee authorized by the Board) in such a manner as to avoid securities filings, to achieve certain tax results or to meet other Company objectives.

  • Private Offering means the private offering of Preferred Stock pursuant to the Memorandum.

  • Public Offering means the sale in an underwritten public offering registered under the Securities Act of equity securities of the Company or a corporate successor to the Company.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Qualified Offering means an offering of Common Stock (and other securities potentially) resulting in the listing for trading of the Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).

  • Minimum Offering means the number Shares so designated on Exhibit A hereto.

  • Shelf Offering has the meaning set forth in Section 1(d)(i).

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Registered Offering Transaction Documents means this Agreement and the Registration Rights Agreement between the Company and the Investor as of the date herewith.

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.