Examples of Nova Shares in a sentence
Following completion of the Transaction, including the Amalgamation and the Concurrent Financing, Alcanna holds approximately 63% of the Nova Shares, and the former YSS Corp.
As the holders of the Basic Warrants will receive a fixed number of Nova Shares for each warrant when exercised, the warrants meet equity classification criteria under IFRS and have therefore, been measured at fair value on the Transaction closing date and recorded to contributed surplus immediately.
As the holders of stock options will receive a fixed number of Nova Shares for each option when exercised, the options meet equity classification criteria under IFRS and have therefore, been measured at fair value on the Transaction closing date and recorded to contributed surplus immediately upon closing of the Transaction.
As the holders of stock options will receive a fixed number of Nova Shares for each option when exercised, the options meet equity classification criteria under IFRS and have therefore, been measured at fair value on the Nova Transaction closing date and recorded to contributed surplus immediately upon closing of the Nova Transaction.
As the holders of the Basic Warrants will receive a fixed number of Nova Shares for each warrant when exercised, the warrants meet equity classification criteria under IFRS and have therefore, been measured at fair value on the Nova Transaction closing date and recorded to contributed surplus immediately.
Following closing of the Transaction but prior to giving effect to the Concurrent Financing, as defined below, the former YSS shareholders held approximately 17.5% and Alcanna held approximately 82.5% of the Nova Shares, calculated on a basic non-diluted basis.
Following completion of the Nova Transaction, including the Amalgamation and the Concurrent Financing, Alcanna held approximately 63% of the Nova Shares, and the former YSS Corp.
Palaut understands that the Nova Shares have not been registered under the Securities Act of 1933 and therefore are characterized as "restricted securities" under the Securities Act of 1933 and that consequently the transferability and resale of the Nova Shares will be limited.
On July 15, 2021, Nova Shares began trading on the TSX under the same trading symbol and were concurrently delisted from the TSX Venture Exchange.
Palaut hereby confirms, that the Nova Shares to be received by Palaut hereunder are being acquired for investment for its own account and not with a view to the distribution of any part thereof and that Palaut has no present intention of selling, granting any participation in, or otherwise distributing the same.