Examples of Rights Offering Amount in a sentence
The number of Rights Offering Shares to be sold pursuant to the Rights Offering shall be determined by dividing the Rights Offering Amount by the Subscription Price.
The maximum number of shares of Rights Offering Stock issued in connection with the Rights Offering will equal the Rights Offering Amount divided by the Rights Exercise Price, rounded down to the next whole number.
For the avoidance of doubt, under no circumstance shall the amount actually paid out in the Cash Payout exceed the Equity Rights Offering Amount.
Moreover, the Plan is predicated on, among other things, receipt of the Rights Offering Amount.
The Additional Investors’ aggregate backstop commitment shall be 36.4% of the Remaining Rights Offering Amount (allocated pro rata based on their holdings common stock of Xxxxxxx as of January 1, 2021).