First Private Placement definition

First Private Placement means, collectively, the non-brokered private placement financing by the Company completed on August 26, 2021 and consisting of an aggregate of 500,000 special warrants at a price of $0.05 per special warrant for gross proceeds of $25,000. Each special warrant was convertible into a unit of the Company comprised of one (1) Common Share and one (1) Common Share purchase warrant, with each warrant being exercisable into one (1) Common Share at a price of $0.05 for a period of five (5) years from the Listing Date. The special warrants were exercised into units of the Company on December 27, 2021.

First Private Placement means the non-brokered private placement financing by the Company conducted on July 3, 2020, and consisting of an aggregate of 11,200,000 Common Shares at a price of $0.02 per share;

First Private Placement means the non-brokered private placement financing by the Companyconducted on July 6, 2020, and consisting of an aggregate of 20,000,000 Common Shares at a price of $0.05 per share;

Examples of First Private Placement in a sentence

• First Private Placement Under the First Securities Purchase Agreement, the Company issued and sold to Innoviva 14,000,000 shares of common stock of the Company at $2.50 per share, and warrants to purchase up to 14,000,000 shares of common stock with an exercise price per share of $2.50.

• Under the First Securities Purchase Agreement, the First Private Placement occurred in two tranches.

• The Company shall register the shares of Common Stock issuable upon exercise of the Warrants in the registration statement on Form S-3 (or its equivalent) when the Company registers the shares of Common Stock issuable upon conversion of the securities sold in the First Private Placement.

• The number of New Shares issued in the Second Private Placement represented together with the new Shares issued in the First Private Placement more than 10% of the Company’s outstanding share capital.

• The credit facility represents a combination of short and long-term debt and a bridge facility as further described in Section 10.6.2.The net proceeds of approximately USD 248 million from the First Private Placement and the Second Private Placement have been used to reduce the bridgefinancing.

More Definitions of First Private Placement

First Private Placement means the non-brokered private placement financing by the Company completed on July 17, 2020, and consisting of an aggregate of 4,500,000 Common Shares at a price of $0.005 per Share;

First Private Placement means the non-brokered private placement financing by the Corporation completed on May 28, 2021, for gross proceeds of $557,661.88 by issuance of 1,640,182 Class A Common Shares at a price of $0.34 per share;

First Private Placement means the non-brokered private placement of the Corporation of 15,491,000 Subscription Receipts completed on January 20, 2021 and which will result (subject to the satisfaction of the Escrow Release Conditions) in the deemed exercise or exchange of Subscription Receipts for Subscription Receipt Shares and Subscription Receipt Warrants;

First Private Placement means the non-brokered private placement financing by the Company conducted on October 4, 2019, and consisting of an aggregate of 1,000,000 Common Shares at a price of $0.005 per Share;

First Private Placement means the private placement of up to 1,200,000 common shares in the capital of Gusana at a purchase price of at least $0.75 per share for gross proceeds of $900,000;

First Private Placement means the first private placement of the Company’s securities under circumstances that entitle National Securities Corporation (“NSC”) Cash Fees and Warrants (as such terms are defined in that certain Engagement Agreement (“NSC Agreement”) between the Company and NSC dated September 8, 2014 with respect to such sale transactions pursuant to Section 2 of the NSC Agreement.

First Private Placement means the private placement by Pubco, prior to or at the Delivery Date, in which Pubco will sell the Convertible Debenture;