Examples of Subco Share in a sentence
On April 25, 2013 (the “Closing Date”), the Company issued 116,000 series A preference shares of the Company at a price of $25 per series A preference share (“Series A Shares”) and 1,200,000 preferred shares of a subsidiary (“Subco”) of the Company (the “Subco Shares”) combined with 1,200,000 associated series B preference shares (“Series B Shares”) of the Company at a price of $25 per combined Subco Share and Series B Share, for gross aggregate proceeds of $32,900.
Under the Amalgamation: (i) each Subco Share issued pursuant to the Offerings were exchanged for one Ordinary Share; and (ii) the Subco Agent Warrants were replaced with agent warrants (“Agent Warrants”) to purchase one Ordinary Share for each Subco Share issuable on exercise of the Subco Agent Warrants.
As consideration for the sale of the Priveco Shares by the Selling Shareholders to Pubco, Pubco shall cause Subco to allot and issue the Subco Shares to the Selling Shareholders in the amount set out opposite each Selling Shareholder’s name in Schedule A on the basis of one Subco Share for each Priveco Share held by each Selling Shareholder.
This makes the task of assessing and potentially of quantifying the relative importance of their sources considerably more difficult.
At such time, our independent registered public accounting firm may issue a report that is adverse in the event it is not satisfied that our internal controls over financial reporting are designed and operating effectively to prevent or detect a material misstatement to the financial statements.
During the year ended August 31, 2021 and August 31, 2020, management noted indicators of impairment for the Moncton Campus CGU and a change in useful life at an asset specific level and recorded impairments at an asset specific level.
As consideration for the Manager granting the Manager Options, Subco will issue one Subco Share to the Manager and the amount to be added to the stated capital of the Subco Share so issued will be $1.00.
As of the close of business on December 31, 2012, there is one (1) issued and outstanding Clermont Subco Share, which is owned by Clermont.
On April 25, 2013 (the “Closing Date”), the Company issued 116,000 series A preference shares of the Company at a price of$25 per series A preference share (“Series A Shares”) and 1,200,000 preferred shares of a subsidiary (“Subco”) of the Company (the “Subco Shares”) combined with 1,200,000 associated series B preference shares (“Series B Shares”) of the Company at a price of $25 per combined Subco Share and Series B Share, for gross aggregate proceeds of $32,900.
Subco also completed a non- brokered private placement for 1,355,000 Subco Shares at a price of $0.50 per Subco Share for gross proceeds of $677,500 (the “Non-Brokered Offering”).