Penny Warrants definition

Penny Warrants means the warrants to purchase Noble Shares issued pursuant to the Penny Warrant Agreement.
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Penny Warrants means any warrants to acquire ordinary or preferred shares of OneWeb Global Limited exercisable at a strike price of $0.01.
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Penny Warrants means penny warrants to subscribe for A Shares equal to 20 per cent. of the aggregate number of A Shares post-exercise of the warrants (on a fully diluted basis);
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Examples of Penny Warrants in a sentence

  • Since the Parent Capitalization Date, Topco, Parent and Merger Sub have not issued any shares of its capital stock or membership interests, as applicable, other than, in the case of Parent, pursuant to the Penny Warrants, the Parent Warrants referenced in clause(D) above, and under the Parent Equity Plan.

  • On December 22, 2003, the capital was increased with an amount of € 0.02 pursuant to the exercise of 2 Penny Warrants, which gave right to 283,821 new shares, numbered 28,558,599 through 28,842,419 (including).

  • The Pro Rata Split A fundamental component of the Global Settlement embodied in the Plan is the Pro Rata Split, which is used to calculate the allocation of Reorganized PEC Common Stock, Rights Offering Equity Rights and Rights Offering Penny Warrants (as defined below and in the Plan) between Second Lien Noteholders and the holders of General Unsecured Claims against the Encumbered Guarantor Debtors (Class 5B under the Plan).

  • SVF II WW (DE) LLC is the record holder of 4,049,587 shares of Class A Common Stock, and may be deemed to beneficially own 5,057,306 shares of Class A Common Stock issuable upon exercise of the Penny Warrants and 11,923,567 shares of Class A Common Stock issuable upon exercise of the Second Warrants.

  • The DSO should still preserve the initial record that was originally initiated in SEVIS, so that it reflects the original date and the revised date of entry into the United States.

  • References to and descriptions of the 2020 PIPE Transaction, the Debenture and the Penny Warrants as set forth in this statement are qualified in their entirety by reference to the Securities Purchase Agreement, Form of Convertible Debenture and Form of Warrant, which are filed as exhibits to this statement and are incorporated herein by reference.

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  • Further, the Unsecured Subordinated Debentures will only be entitled to receive the Unsecured Subordinated Debenture Penny Warrants if at least two-thirds in amount and fifty percent in number of Class 8A votes to accept the proposed treatment under the Plan.

  • Chapters 8 and 9 take a look at efforts for Danish-Greenlandic reconciliation and argue that Denmark´s negative reaction to efforts to come to terms with a colonial past in Greenland may have been a lost opportunity.

  • Such percentage was calculated based on 22,805,395 shares of Common Stock outstanding as of April 13, 2020, composed of 19,635,830 shares of Common Stock outstanding and 3,169,565 shares of Common Stock issuable upon exercise of the IPO Warrants and Penny Warrants and conversion of the Debenture.


More Definitions of Penny Warrants

Penny Warrants means warrants that will be issued on the Effective Date and exercisable from and after the Effective Date for a term of 90 days for 5% of the fully diluted Reorganized PEC Common Stock as of the Effective Date (after giving effect to the reservation and deemed issuance of shares of Reorganized PEC Common Stock for issuance upon conversion of the Preferred Equity, but subject to dilution by the LTIP Shares, and any post-Effective Date issuances of capital stock, including pursuant to any dividend or make-whole provision described in Exhibit I.A.173. to the Plan), with an exercise price of $0.01 per share of Reorganized PEC Common Stock, half of which shall be issued to the Noteholder Co-Proponents and half of which shall be available for distribution to the subscribers for the Rights Offering Equity Rights, subject to the terms of the Rights Offering and the Rights Offering Backstop Commitment Agreement.
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Penny Warrants means warrants to purchase up to 12.5% of the Company’s equity on a fully diluted basis at an exercise price of $0.01 and on such other terms as set forth on Exhibit F and otherwise in form and substance reasonably acceptable to the Supporting Noteholders.
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Penny Warrants means warrants for Reorganized PEC Common Stock that will be issued on the Effective Date and exercisable from and after the Effective Date for a term of 90 days for 5% of the fully diluted Reorganized PEC Common Stock as of the Effective Date (following the dilution from the Preferred Equity, and subject to dilution by the LTIP Shares, the Incremental Second Lien Shares (if applicable), the Ticking Premium Shares (if applicable), the Disputed Claims Reserve Shares and any post-Effective Date issuance of capital stock), with an exercise price of $0.01 per share of Reorganized PEC Common Stock.
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Related to Penny Warrants

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

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

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Company Options means options to purchase shares of Company Common Stock.

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

  • Company Convertible Securities means, collectively, any other options, warrants or rights to subscribe for or purchase any capital shares of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital shares of the Company.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.