Greenshoe Option definition
Examples of Greenshoe Option in a sentence
Each Manager acknowledges that the Lead Manager may exercise any Greenshoe Option on its behalf pro rata to such Manager’s Commitment.
Invitation to Managers, including, at the option of the Managers, any Greenshoe Option.
The issuance of the Securities will not be subject to any statutory or, to our knowledge, contractual pre-emptive rights of any shareholder of the Company other than as referred to in the Agreement, and the allottee will be issued valid legal and beneficial title to the Securities if the Note (and any Note to issue upon a conversion of the Greenshoe Option) is converted in accordance with the terms of the Agreement.
Symbol: “TMH” Shares Offered by the Selling Shareholders: 8,000,000 Greenshoe: Option to purchase an additional 1,200,000 shares from Ensemble Parent LLC Price to Public: $23.95 Trade Date: June 29, 2012 Closing Date: July 5, 2012 CUSIP: ▇▇▇▇▇▇▇▇▇ Approximate aggregate net proceeds to be received by the Selling Shareholders: $184,000,000 Approximate additional aggregate net proceeds to be received by Ensemble Parent LLC if Greenshoe is exercised in full: $27,600,000 Underwriters: Barclays Capital Inc.
The Company has granted the Placement Agent an option ("Greenshoe Option") to increase the Offering through the sale, in whole or in part, of an amount of Units equal to $5,000,000 or such lesser amount as is allowable by law to cover overallotments, if any.