Examples of Split Ratio in a sentence
Ticker Fund Split Ratio The Shares outstanding and related Share information disclosed in the financial statements and notes to the financial statements in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, filed on February 19, 2021, for the Funds listed above were retroactively adjusted to give effect to the forward split or reverse splits, as permitted under applicable regulations.
Management Fee II for a business term ending on or after the day on which such split of the investment units takes effect shall be calculated by making an adjustment in which the Distributable Amount per Unit is multiplied by the Split Ratio related to the total number of issued and outstanding investment units.
Management Fee I for a business term in which such split of the investment units takes effect shall be calculated by making an adjustment in which both the closing price of the Investment Corporation’s investment unit for the previous business term of the relevant business term and the distribution per unit for the previous business term are multiplied by the Split Ratio (as defined below).
It was also resolved to apply the Split Ratio to the Company’s outstanding options and warrants, in accordance with their terms.
In determining which Approved Split Ratio to use, the Board will consider numerous factors, including the historical and projected performance of our Common Stock, the effect of the Approved Split Ratio on our compliance with other Nasdaq listing requirements, prevailing market conditions and general economic trends, and will place emphasis on the expected closing price of our Common Stock in the period following the effectiveness of the Reverse Split.
Immediately prior to the Effective Time and subject to stockholder approval thereof, LQ Parent shall effect the Reverse Stock Split, whereby each share of LQ Parent Common Stock (par value $0.01) will be reclassified and combined into a fraction of a share of LQ Parent Common Stock (par value $0.02) equal to the Reverse Stock Split Ratio (the “LQ Parent Share Cancellation”).
Determination of the Ratio for the Reverse SplitIf Proposal No. 2 is approved by stockholders and the Board determines that it is in the best interests of the Company and its stockholders to move forward with the Reverse Split, the Approved Split Ratio will be selected by the Board, in its sole discretion.
We will illustrate this with an example, refer to Table 11.2 in the following page: Table 11.2 - Stock Split Split Ratio Old FVNo of shares you own before split Share Price before split Investment Value before split New FV No of shares you own after split Share Price after the split Investment value after split1:11010090090,000520045090,0001:51010090090,000250018090,000 Similar to bonus issue, stock split is usually to encourage more retail participation by reducing the value per share.
Samples of one microlitre were injected in split mode (Inlet Split Ratio: 5) and EI mass spectra (70 eV) was collected in the high-resolution mode (>25 000 resolution) over the mass range 50- 600 Dalton.
All share and per share information included in these consolidated financial statements has been retroactively adjusted to reflect the conversion to no par value shares and the Share Split Ratio.