Number of Closing Shares definition

Number of Closing Shares means the number of shares of Company Common Stock to be issued to the Investor at the Closing pursuant to Section 2.1(a), which number shall be equal to the product obtained by multiplying (x) the quotient obtained by dividing (A) the product obtained by multiplying the Number of Status Quo Shares by 5.0% by (B) 0.95 by (y) the fraction obtained by dividing 50,000,000 by 460,000,000.
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Number of Closing Shares means the number of shares of Company Common Stock to be issued to the Investor at the Closing pursuant to Section 2.1(a) , which number shall be equal to the product obtained by multiplying (x) the quotient obtained by dividing (A) the product obtained by multiplying the Number of Status Quo Shares by 5.0% by (B) 0.95 by (y) the fraction obtained by dividing 410,000,000 by 460,000,000.
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Examples of Number of Closing Shares in a sentence

  • Schedule 2.5 sets forth an illustrative example of the calculations of (a) the Number of Closing Shares under Section 2.1(a); (b) the Upper Benchmark and the Lower Benchmark (and the adjustments pursuant to Section 2.4(b) and 2.4(c)); and (c) the number of Warrant 1 Shares and the number of Warrant 2 Shares under Section 2.4(d).

  • Total Number of Closing Shares: Number of Option Shares: Public Offering Price per Share: Underwriting Discount per Share: Underwriting Non-Accountable Expense Allowance per Share: Proceeds to Company per Share (before expenses): $ __________, 2019 Aegis Capital Corp.

  • Schedule 2.5 sets forth an illustrative example of the calculations of (a) the Number of Closing Shares under Section 2.1(a) ; (b) the Upper Benchmark and the Lower Benchmark (and the adjustments pursuant to Section 2.4(b) and 2.4(c) ); and (c) the number of Warrant 1 Shares and the number of Warrant 2 Shares under Section 2.4(d) .

  • However, in practice this advantage is not as important due to the corrupt nature of the economic courts and the fact that they do not often use this power.

  • Maxim Group LLC 1,350,000 $ 6.975 Number of Closing Shares: 1,350,000 Number of Option Shares: 202,500 Public Offering Price per Closing Share: $ 7.50 Public Offering Price per Option Share: $ 7.50 Underwriting Discount per Closing Share: $ 0.525 Underwriting Discount per Option Share: $ 0.525 Proceeds to Company per Closing Share (before expenses): $ 6.975 Proceeds to Company per Option Share (before expenses): $ 6.975 A.V.M. Software, Inc.

  • Underwriter Total Number of Closing Shares to be Purchased Number of Option Shares to be Purchased if the Over-Allotment Option is Fully Exercised Kingswood Capital Markets, division of Benchmark Investments, Inc.

  • Email: xxxxxxx@xxxxxx.xxx Spartan Capital Securities, LLC $ Revere Securities, LLC $ Total $ Number of Closing Shares: Number of Option Shares: Public Offering Price per Closing Share: $ Underwriting Discount per Closing Share: $ Public Offering Price per Option Share: $ Underwriting Discount per Option Share: $ Proceeds to Company per Closing Shares (before expenses): $ Proceeds to Company per Option Shares (before expenses): $ Xxxxxxxxx Xxxxxxxx Xxxxx Xxxxxxx Xxxx Xxxxxx, M.D. Xxxxxx Xxxxxxxx Xxxxxxx X.

  • Email: xxxxxxx@xxxx.xxx Spartan Capital Securities, LLC $ Total $ [*] Number of Closing Shares: Number of Option Shares: Public Offering Price per Closing Share: $ Underwriting Discount per Closing Share: $ Public Offering Price per Option Share: $ Underwriting Discount per Option Share: $ Proceeds to Company per Closing Shares (before expenses): $ Proceeds to Company per Option Shares (before expenses): $ Xxxxxxxx Xxxxxx Xxxx Hush Xxxxxxxx Xxxxxx Xxxxx Xxxxx Xxxxxxx Xxxxx Wybridge Technologies, Inc.

  • As the Representative of the several Underwriters listed on Schedule I By: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Title: Authorized Representative Titan Partners Group LLC 2,666,667 $ 18,600,002.33 Total 2,666,667 $ 18,600,002.33 Number of Closing Shares: 2,666,667 Number of Option Shares: 400,000 Price to Public: $7.50 per share Profound Medical Corp.

Related to Number of Closing Shares

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Number of Shares means a number of shares calculated as follows: Par / Geared Put Strike LPU rounded down to the nearest round lot as permitted by the Exchange for trading purposes, and the remaining fractional share amount (being the “Residual Amount”) shall be paid in USD as the Cash Residual; and

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Number of Warrants means, for a Warrant Certificate, the “Number of Warrants” specified on the face of such Warrant Certificate (or, in the case of a Global Warrant, on Schedule A to such Warrant Certificate), subject to adjustment pursuant to Article 5.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Prefunded Warrant Shares means the shares of Common Stock issuable upon exercise of the Prefunded Warrants.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Target Shares means all the issued and unconditionally allotted share capital in the Target and any further shares in the capital of the Target which may be issued or unconditionally allotted pursuant to the exercise of any outstanding subscription or conversion rights or otherwise together with all related rights.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Original Shares means, when used in reference to any one or more Stockholders, the Shares held by such Stockholder on November 30, 2010, or any shares or other securities into which or for which such Shares may have been converted or exchanged in connection with any exchange, reclassification, dividend, distribution, stock split, combination, subdivision, merger, spin-off, recapitalization, reorganization or similar transaction.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.