Seed Shares definition

Seed Shares means securities issued before an Issuer’s IPO, or by a private Target Company before a reverse take-over bid, change of business or Qualifying Transaction, regardless of whether the securities are subject to resale restrictions or are free trading.

Seed Shares has the meaning set out in the Exchange Policy. Capitalized terms not defined in this Agreement have the meanings set out in the Exchange Policy.

Seed Shares means any common shares issued by a CPC before the closing of the IPO and includes the Discount Seed Shares.

Examples of Seed Shares in a sentence

• All Discount Seed Shares must be held in escrow pursuant to a Discount Seed Share Escrow Agreement.

• Escrowed securities The Company entered into an Escrow Agreement in relation to 10,000,000 common shares (“Seed Shares”) issued prior to the Company’s Initial Public Offering (“IPO”), whereby the Seed Shares have been deposited into escrow.

• Company Share Capital Means Company’s Ordinary Shares and Preferred Seed Shares and all options, warrants or other securities exercisable or exchangeable for, or convertible into such shares.

• On October 1, 2015, the Company cancelled 2,450,000 Seed Shares in accordance with Exchange policies.

• In accordance with the Company’s accounting policy, weighted average number of common shares outstanding excludes 10,000,000 Seed Shares held in escrow (Note 5).

More Definitions of Seed Shares

Seed Shares means the Common Shares issued to the Seed Shareholders under the Seed Placement. “Shareholders” means holders of Common Shares.

Seed Shares means Fund shares outstanding and owned by Sub-advisor (or an affiliated company) that were issued to Sub-advisor (or such affiliated company) prior to the initial issuance of Fund shares to public investors.

Seed Shares means the common shares in the capital of the Company that have been issued to certain non-Escrowed Shareholders prior to the Offering at a price that is below the Offering Price;

Seed Shares means the seed shares of £● each in the capital of the Company from time to time;

Seed Shares means securities issued before the Corporation’s initial public offering, or by a private Target Company before a reverse take-over, change of business or Qualifying Transaction, regardless of whether the securities are subject to resale restrictions or are free trading.

Seed Shares means securities issued before an Issuer’s IPO whether the securities are subject to resale restrictions or are free trading.

Seed Shares means the 3,150,000 Common Shares issued and outstanding prior to the Offering.