Reverse Split Ratio definition

Reverse Split Ratio means a fraction the numerator of which is one and the denominator of which is the number of shares of Parent Common Stock being combined into one share of Parent Common Stock in the Parent Reverse Stock Split.
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Reverse Split Ratio means the ratio to be determined by the Corporation to effect a reverse stock split of its common stock, which was approved by the stockholders of the Corporation at a special meeting of stockholders held on October 5, 2000.
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Reverse Split Ratio means a ratio of 1 to a fraction, the numerator of which shall be 60,000,000 and the denominator of which shall be 69,173,703.
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Examples of Reverse Split Ratio in a sentence

  • All Allowed Class 8 holders shall receive 1 new share in Rancher for every 15 shares currently held, thus effectuating a 15 for 1 reverse stock split (the "Reverse Split Ratio").

  • The number of shares of New Ceridian common stock subject to such replacement award shall be equal to the quotient obtained by dividing (x) the product of (1) the number of such forfeited shares of restricted stock (adjusted for the reverse stock split) multiplied by (2) the Arbitron Post-Distribution price multiplied by (3) the Reverse Split Ratio, by (y) the New Ceridian Post-Distribution Price, such quotient to be rounded to the nearest whole share.

  • A holder of common stock, who immediately prior to the Effective Date owns a number of shares of Common Stock of the Corporation which is not evenly divisible by the Reverse Split Ratio shall be issued cash in lieu of the fractional interest.

  • The number of Securities to be purchased by each Investor as identified on Schedule 1 shall be subject to adjustment based on the Reverse Split Ratio.

  • Revise to disclose how you determined the adjustments to ArTara weighted average shares outstanding due to Exchange Ratio and adjustments to Proteon weighted average shares due to Proteon Reverse Split Ratio for the year ended December 31, 2018 and nine months ended September 30, 2019.

  • Each option (collectively the “Parent Options”) and warrant (collectively the “Parent Warrants”) issued by the Parent and outstanding before the Effective Time shall be reduced at the Effective Time by the Reverse Split Ratio used to calculate the number of Parent Shares described in Section 2.01 and the exercise price of each such option and warrant shall be multiplied by the Reverse Split Ratio.

  • Notwithstanding any contrary or inconsistent provision of the Merger Agreement, automatically and immediately upon the effectiveness of the Reverse Stock Split, the number of shares of Parent Common Stock into which the Company Options, to be assumed by Parent pursuant to Section 2.6(d) of the Merger Agreement, shall be exercisable shall be decreased by the Reverse Split Ratio and the per share exercise price of the assumed Company Options shall be increased by the Reverse Split Ratio.

  • All such warrants shall be cancelled and each Class 9 Claimant shall receive shares of the Debtor's common stock based on the following formula: one share of pre-reverse split common stock for every 25 shares of pre-reverse split common stock to which such Claimant would be otherwise entitled upon exercise of the warrants, divided by the Reverse Split Ratio.

  • The warrant holders will thus receive common stock according to the following formula: one share of pre-reverse split common stock for every 25 shares of pre-reverse split common stock to which such Claimant would be otherwise entitled upon exercise of the warrants, divided by the Reverse Split Ratio.

  • The shares of Preferred Stock shall have the same voting rights as those accruing to the Common Stock and shall vote that number of voting shares as are issuable upon conversion of such Preferred Ratio divided by the Reverse Split Ratio (to retroactively take into account the Reverse Split).


More Definitions of Reverse Split Ratio

Reverse Split Ratio means a ratio expressed as a fraction, the numerator of which is one and the denominator of which is the number of shares of Frank’s Common Stock being combined into one share of Frank’s Common Stock in the Reverse Stock Split;
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Reverse Split Ratio means a ratio of 1-for-8.736 for the Reverse Split or such other ratio as shall be presented at the Objet Shareholders Meeting as part of the Objet Shareholders Approval, subject to adjustments as provided for pursuant hereto.
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Related to Reverse Split Ratio

  • Reverse Split has the meaning set forth in Section 5.21.

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Fully Diluted Capitalization means the aggregate number, as of immediately prior to the First Equity Financing, of issued and outstanding shares of Capital Stock, assuming full conversion or exercise of all convertible and exercisable securities then outstanding, including shares of convertible Preferred Stock and all outstanding vested or unvested options or warrants to purchase Capital Stock, but excluding (i) the issuance of all shares of Capital Stock reserved and available for future issuance under any of the Company’s existing equity incentive plans, (ii) convertible promissory notes issued by the Company, (iii) any SAFEs, and (iv) any equity securities that are issuable upon conversion of any outstanding convertible promissory notes or SAFEs.

  • Reverse Stock Split Date means the first date following the Initial Exercise Date on which a reverse stock split of the Common Stock is approved and deemed effective.

  • Current Ratio means the ratio of Current Assets to Current Liabilities.

  • Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.

  • Company Capitalization means the sum, as of immediately prior to the Equity Financing, of: (1) all shares of Capital Stock (on an as-converted basis) issued and outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding (A) this instrument, (B) all other Safes, and (C) convertible promissory notes; and (2) all shares of Common Stock reserved and available for future grant under any equity incentive or similar plan of the Company, and/or any equity incentive or similar plan to be created or increased in connection with the Equity Financing.

  • Adjustment ratio means the value of index A divided by index

  • Debt to Capitalization Ratio means, with respect to the Borrower, as of any date of determination, the ratio of (a) Total Debt for the Borrower as of such date to (b) Total Capitalization for the Borrower as of such date.

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common stock or common equity interests of the IPO Entity on the date of the declaration of the relevant dividend multiplied by (ii) the arithmetic mean of the closing prices per share of such common stock or common equity interests for the 30 consecutive trading days immediately preceding the date of declaration of such dividend.

  • Share Exchange Ratio has the meaning given to it in Section 3.1(d);

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

  • Consolidated Capitalization means the sum obtained by adding (i) Consolidated Shareholders' Equity, (ii) Consolidated Indebtedness for money borrowed (exclusive of any thereof which is due and payable within one year of the date such sum is determined) and, without duplication, (iii) any preference or preferred stock of the Company or any Consolidated Subsidiary which is subject to mandatory redemption or sinking fund provisions.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Total Consolidated Capitalization means, at any time, the sum of (i) Total Consolidated Debt plus (ii) the total amount of shareholder’s equity of the Company.

  • Funded Debt Ratio means, as of the end of a quarter, the ratio of (A) Borrower’s consolidated obligations for borrowed money and obligations evidenced by bonds, debentures, notes, bills or other similar instruments to (B)

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Debt Ratio as at the last day of any fiscal quarter, the ratio of (a) Consolidated Total Debt minus Designated Cash Balances on such date to (b) Consolidated EBITDA.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such Test Period.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Quick Ratio means the ratio of:

  • Capitalization Rate means 7.00%.