Examples of Initial Conversion Value in a sentence
Holders of outstanding shares of Preferred Stock shall have an option to convert each share of Preferred Stock into one share of the Company's Common Stock (the "Initial Conversion Value").
Holders of outstanding shares of Series A Preferred Stock shall have an option to convert each share of Series A Preferred Stock into one share of the Company's Common Stock (the "Initial Conversion Value").
For a redemption on or prior to February 28, 2005, the Redemption Price shall be equal to 102% of the principal amount of the Notes to be redeemed, plus (i) any accrued and unpaid Interest to but excluding the Redemption Date, and (ii) if the Special Conversion Value exceeds the Initial Conversion Value then, for each $1,000 in principal amount of Notes to be redeemed, 80% of the amount determined by subtracting the Initial Conversion Value from the Special Conversion Value.
Initial Conversion Value $740.74, which is which is equal to the product (rounded to the nearest cent) of the Initial Conversion Rate and the Last Reported Sale Price per Share of Common Stock on NASDAQ on February 10, 2020.
Holders of outstanding shares of Preferred Stock shall have an option at any time to convert each share of Preferred Stock into four shares of the Company's Common Stock (the "Initial Conversion Value").