Subscription Receipt Financing means the brokered private placement of subscription receipts of DeFi (the “Subscription Receipts”) at a price per Subscription Receipt of $1.00, for aggregate gross proceeds of $17,715,000 and each Subscription Receipt being exchangeable, without additional consideration, for one DeFi Share, which shall be exchanged by the holder thereof for economically equivalent securities of WonderFi, on a post-consolidated basis;
Subscription Receipt Financing means the non-brokered private placement by Cannara of the Cannara Subscription Receipts.
Subscription Receipt Financing means the equity financing of the Company completed in two tranches:
Examples of Subscription Receipt Financing in a sentence
Askott and FansUnite agree to effect the combination of their respective businesses and assets by way of a series of steps or transactions including the Askott Subscription Receipt Financing, the Amalgamation, and the Director and Officer Appointments.
Prior to the Effective Date Askott shall complete the Askott Subscription Receipt Financing.
More Definitions of Subscription Receipt Financing
Subscription Receipt Financing means the equity financing of Blacklist Finco completed on November 26, 2018 and December 4, 2018 raising gross proceeds of $7,140,073 through the issuance of Subscription Receipts at $0.50 per Subscription Receipt;
Subscription Receipt Financing means the private placement of 30,643,500 Old Sierra Madre Subscription Receipts on a private placement basis at a price of $0.50 per Old Sierra Madre Subscription Receipt for aggregate gross proceeds of $15,321,750;
Subscription Receipt Financing means the equity financing of Pinestar completed on February 8, 2022 raising gross proceeds of US$8,000,000 through the issuance of Subscription Receipts at US$0.50 per Subscription Receipt;
Subscription Receipt Financing means the equity financing of the Issuer completed in two tranches: (i) the first tranche closed on January 11, 2019 for total gross proceeds of approximately $5.2 million; and (ii) the second tranche closed on May 15, 2019 for total gross proceeds of approximately $4.9 million;
Subscription Receipt Financing means the equity financing of Atlas completed on January 11, 2019 and May 15, 2019 raising gross proceeds of $10.1 million through the issuance of Subscription Receipts at$0.17 per Subscription Receipt.
Subscription Receipt Financing means the brokered private placement of Subscription Receipts of 51st Parallel to be completed prior to the Effective Time.
Subscription Receipt Financing means the offering by Xxxxx of up to 18,181,818 subscription receipts, or such other number as the Boards of Directors of Xxxxx and Geovic may determine, at an estimated price of Cdn$2.75 per subscription receipt, or at such other price as the Boards of Directors of Xxxxx and Geovic may determine to be the fair market value per subscription receipt, for aggregate gross proceeds of up to Cdn$50,000,000. Immediately prior to the Effective Date, each subscription receipt is exercisable, without the payment of any further consideration, into such number of Xxxxx Common Shares and Xxxxx Financing Warrants as the Boards of Directors of Xxxxx and Geovic may determine;