Forward stock split means the pro rata division of all the
Forward stock split means the pro rata division of all the outstanding shares of a class of stock into a greater number of shares of the same class, whether or not the authorized shares of such a class are increased in the same proportion, but does not include a share dividend under RCW 23B.06.230.
Forward stock split shall have the meaning ascribed to such term in Section 3.01(rr).
Examples of Forward stock split in a sentence
Forward stock split On July 9, 2018, the Company effected a 1-for-9.94688 forward stock split of its issued and outstanding shares of common stock and a proportional adjustment to the existing conversion ratios for each series of the Company’s Preferred Stock (see Note 7).
Forward stock split On July 9, 2018, the Company effected a l -for-9.94688 forward stock split of its issued and outstanding shares of common stock and a proportional adjustment to the existing conversion ratios for each series of the Company’s Convertible Preferred Stock (see Note 8).
More Definitions of Forward stock split
Forward stock split has the meaning ascribed to it in the Purchase Agreement.
Forward stock split means the forward stock-split of the issued and outstanding TargetCo Shares completed on July 11, 2017 on the basis of one old TargetCo Share for two new TargetCo Shares.
Forward stock split means the forward stock-split to be completed by TargetCo of its issued and outstanding TargetCo Shares immediately prior to the Closing on the basis of one old TargetCo Share for two new TargetCo Shares.
Forward stock split means the proposed amendment to the certificate of incorporation of the Company, which following the Reverse Stock Split, converts each outstanding share of Common Stock into 1000 shares of Common Stock.
Forward stock split shall have the meaning as set forth in Section 6.5 of the Agreement.