Examples of Cornerstone Private Placements in a sentence
As part of this Offering the Corporation is expected to issue 9,272,000 Subscription Receipts and as part of the Cornerstone Private Placements the Corporation is expected to issue 23,791,824 Cornerstone Investors’ Subscription Receipts, each representing the right to receive one Common Share of the Corporation.
Subscription Receipt Structure Provided that each of the Cornerstone Private Placements has closed, the Underlying Common Shares will automatically be issued concurrently with the closing of the Proposed Acquisition.
All Scheme Shareholders areentitled to attend the Scheme Court Hearing in person or through representation to support or oppose the sanctioning of the Scheme, subject to COVID-19 Restrictions (and other relevant guidance) in place at the time.As detailed in section 8 of this Part II (Explanatory Statement) above, the Cornerstone Private Placements carried out in connection with the financing of the Acquisition closed on 25 November 2020.