Cannex Common Shares definition

Cannex Common Shares means common shares in the capital of Cannex;
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Examples of Cannex Common Shares in a sentence

  • All Cannex Options were granted with a per share exercise price that equals or exceeded the fair market value of a share of the Cannex Common Shares on the applicable grant date.

  • The Cannex Common Shares are listed on the CSE and the OTCQX, and are not listed or quoted on any market other than the CSE and the OTCQX.

  • It is expected that the Consolidation will be implemented before the completion of the Transaction, such that Cannex Shareholders will receive post-Consolidation Arco Common Shares in exchange for their Cannex Common Shares at the Closing.Arco currently has an unlimited number of Arco Common Shares available for issuance and the Consolidation will not have any effect on the number of Arco Common Shares that remain available for future issuance.

  • On completion of the Business Combination: (i) former holders of Cannex Common Shares are expected to hold approximately 78.4% of the outstanding Subordinate Voting Shares of the resulting issuer (the “Resulting Issuer”); and (ii) former holders of Cannex Class A Shares are expected to hold approximately 24.3% of the outstanding Proportionate Voting Shares of the Resulting Issuer.

  • On completion of the Plan of Arrangement: (i) former holders of Cannex Common Shares are expected to hold approximately 78.4% of the outstanding Resulting Issuer Subordinate Voting Shares; and (ii) former holders of Cannex Class A Shares are expected to hold approximately 24.3% of the outstanding Resulting Issuer Proportionate Voting Shares.

  • The foregoing percentage of Cannex Common Shares exclude the votes of a Cannex Locked-up Shareholder whose votes must be excluded from a determination of whether the Cannex Component of the Business Combination Resolution is approved by holders of Cannex Common Shares, as such shareholder may receive a "collateral benefit" in connection with the Business Combination (as defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions).

  • Arco and Cannex shall jointly elect under the provisions of the ITA that the Cannex’s proceeds of disposition of the Cannex Common Shares and Arco’s cost of the Cannex Common Shares shall be an amount equal to the adjusted cost base of the Cannex Common Shares.

  • As at the date of this Circular, the directors and officers of Cannex, as a group, owned, directly or indirectly, 13,375,000 Cannex Common Shares, representing 10.02% of the Cannex Common Shares issued and outstanding on an undiluted basis.

Related to Cannex Common Shares

  • Common Shares means the common shares in the capital of the Corporation;

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Common Stock means the common stock of the Company.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.