Examples of Broker Units in a sentence
In connection with the closing of the Private Placement, the Company issued an aggregate of 1,120,000 broker units (the "Broker Units") and paid an aggregate of $343,324 in cash to the agents.
The fair value of the warrants issued in the 2016 private placement and the value of the replacement warrants was estimated at the date of grant using the Black-Scholes option-pricing model with the following assumptions: 2016Expected life 2 yearsExpected volatility 245 %Risk-free rate 0.63%Expected annual dividend NilGrant date fair value $0.124 In connection with the closing of the Private Placement, the Corporation issued an aggregate of 1,120,000 broker units (the "Broker Units").
The changes and dates for the Winter 2022 semester were approved, as such, the Legislative Council will only be meeting once a month in the Winter 2022 semester, with the exception of the two (2) last meetings.
Broker Units Cash 105 45 NA 2.33 NA Feb-05 Brown and Brown Hull & Company Cash 175 63 NA 2.78 NA Sep-04 USI Holdings Summit Global Partners(2)(3) Cash, Stock 124 66 $13 1.88 9.4 x Mar-04 Hub International Talbot Financial Corp.
In addition, the Agent will receive Broker Warrants which will entitle the Agent to purchase that number of Broker Units as is equal to 10% of the number of Offered Securities sold, exercisable at a price of $0.10 per Broker Unit at any time during the 24 month period after the Closing Date.
The Units, the Broker Units and the Securities issuable upon the exercise of the Broker Units were subject to a four- month hold period that expired September 26, 2016.
As additional compensation, the Corporation agrees to issue to the Underwriters that number of non-transferable Broker Unit purchase warrants (the “Compensation Warrants”) entitling the Underwriters to purchase such number of Broker Units as is equal to 6.0% of the aggregate number of Units and the Additional Securities, if any, sold under the Offering, each Broker Unit consisting of one Common Share (a “Broker Unit Share”) and one half of one Warrant (a “Broker Unit Warrant”).
The Broker Units represented by this certificate and all rights granted hereunder are non-transferable.
Broker Units Option”), each comprised of one Common Share (“Broker Unit Share”) and one Common Share purchase warrant (“Broker Unit Warrants”).
Broker Units Cash $ 105 $ 45 NA 2.33 x NA Feb-05 Brown and Brown Hull & Company Cash 175 63 NA 2.78 NA Sep-04 USI Holdings Summit Global Partners(1)(2) Cash, Stock 124 66 $ 13 1.88 9.4 x Mar-04 Hub International Talbot Financial Corp.