Examples of Preferred Share Issuance in a sentence
As promptly as practicable after the execution of this Agreement, the Company shall prepare and file with the SEC the Proxy Statement with respect to the approval by the Company's stockholders of the Preferred Share Issuance, the Warrant Issuance and the Restated Certificate, which Proxy Statement shall contain the Board's recommendation that the Company's stockholders approve the Preferred Share Issuance, the Warrant Issuance and the Restated Certificate.
The stockholders of the Company shall have approved the Preferred Share Issuance, the Warrant Issuance and the Restated Certificate by the Requisite Votes at the Stockholders' Meeting.
Subject to the provisions of Section 4.1(b), the Company shall cause the Board (i) not to withdraw, modify or change its recommendation that the Company's stockholders approve the Preferred Share Issuance, the Warrant Issuance and the Restated Certificate and (ii) to continue to recommend to the stockholders of the Company the approval of such matters.
Preferred Share Issuance Pursuant to the terms of the Arrangement Agreement (Note 1) the Company created and issued 9,313,447 preferred shares (the "Preferred Shares").
Preferred Share Issuance Costs In the year ended December 31, 2016, we recognized a $7,408,000 expense in connection with the write-off of issuance costs upon redeeming all of the outstanding 6.875% Series J cumulative redeemable preferred shares on September 1, 2016.
Preferred Share Issuance On March 7, 2017, Apollo issued 11,000,000 6.375% Series A Preferred shares (the “Series A Preferred shares”) for gross proceeds of $275.0 million , or $264.4 million net of issuance costs and on March 19, 2018, Apollo issued 12,000,000 6.375% Series B Preferred shares (the “Series B Preferred shares” and collectively with the Series A Preferred shares, the “Preferred shares”) for gross proceeds of $300.0 million or $289.8 million net of issuance costs.
Increase in Authorized Preferred Share Issuance from 30,000,000 to 50,000,000.
Convertible Preferred Share Issuance On October 14, 2014, December 23, 2014, February 10, 2015 and February 26, 2015, the Company, issued 1,250,000 shares of Convertible Series A preferred shares at a stated value of $10.00 per share, generating gross proceeds of approximately $12,500,000.
Preferred Share Issuance Pursuant to the terms of the Arrangement Agreement and prior to the completion of the Arrangement, the Company created and issued 9,313,447 preferred shares (the "Preferred Shares"), on the basis of one Preferred Share for every issued and outstanding Common Share of the Company prior to giving effect to the Transaction.
As stated on the May 21 press release, the Preferred Share Issuance is subject to the following: completion of all procedures necessary for commencing the Preferred Share Issuance, and none of such procedures being cancelled; execution of loan agreement and other related contracts with financial institutions; the absence of any event that would adversely affect TEPCO’s implementation of the Special Business Plan, and other conditions.