Examples of Fully Diluted in a sentence
Security Issued and Outstanding Common Shares 16,249,000 Share purchase warrants 0 Incentive Options 1,300,000 Fully Diluted 17,549,000 South American Lithium Corp.
Part A of SCHEDULE 1 correctly and completely provides the shareholding pattern of the Company including all Securities issued by the Company on a Fully Diluted Basis as on the Execution Date.
Provided however that the Drag Along Right can be exercised only if Anchor Investors having a shareholding of not less than 66% (sixty-six percent) of the share capital of the Company on a Fully Diluted Basis have agreed and approved of the exercise of the Drag Along Right.
The Company hereby constitutes the Warrants to subscribe for the number of Equity Shares which represents 10% of the Fully Diluted Share Capital of the Company from time to time (Warrant Shares) on the terms and subject to the conditions of this Agreement.
The Anchor Investors and Dvara shall be entitled to sell their Securities to such a purchaser in priority to the other Shareholders of the Company in proportion to their shareholding in the Company on a Fully Diluted Basis at the relevant time.