Subscription Receipt Offering definition

Subscription Receipt Offering means the Subscription Receipt Brokered Offering and Subscription Receipt Concurrent Offering;

Subscription Receipt Offering means the private placement on June 11, 2019 by Renewables of 8,020,000 Subscription Receipts at a price of $0.25 per Subscription Receipt for aggregate gross proceeds of $2,005,000.

Subscription Receipt Offering means the private placement of Subscription Receipts by Ubika for minimum gross proceeds of $10,000,000 and maximum gross proceeds of $35,000,000. The Subscription Receipts will automatically convert into Ubika Debentures upon satisfaction of the Escrow Release Conditions.

Examples of Subscription Receipt Offering in a sentence

• The Subscription Receipt Offering and Common Share Offering resulted in aggregate gross proceeds of $64.0 million (together, the "Private Placements").

• The Plan of Arrangement resulted in issuance of an aggregate of 20,000,048 shares of the Company’s common stock (the “Jones Shares”) which were issued in exchange for all ofthe outstanding common shares of Pinestar (the “Pinestar Shares”), including the Pinestar Shares issued in connection with the Pinestar Subscription Receipt Offering, on a one-for-one basis.During the three and six months ended June 30, 2022, we received $0 from the cash exercise of stock options.

• The Plan of Arrangement resulted in issuance of an aggregate of 20,000,048 shares of the Company’s common stock (the “Jones Shares”) which were issued in exchange for all ofthe outstanding common shares of Pinestar (the “Pinestar Shares”), including the Pinestar Shares issued in connection with the Pinestar Subscription Receipt Offering, on a one-for-one basis.During the three months ended March 31, 2022 and 2021, we received $0 and $9,000, respectively, from the cash exercise of stock options.

• The Plan of Arrangement had previously been approved by both Pinestar’s shareholders as well as by the Supreme Court of British Columbia after such court held a hearing on the fairness of the terms and conditions of the Plan of Arrangement at which all Pinestar shareholders had the right to appear.In connection with the Plan of Arrangement, Pinestar completed the Pinestar Subscription Receipt Offering for aggregate net proceeds of $7,152,000, at a price per subscription receipt equal to $0.50.

• The date of any conversion notice (“Conversion Notice’’) hereunder shall be referred to herein as the “Conversion Date”.

More Definitions of Subscription Receipt Offering

Subscription Receipt Offering means the brokered private placement of Subscription Receipts completed by Aleafia PrivateCo in connection with the Business Combination for aggregate gross proceeds of $30,213,750, see General Development of the Business Events Prior to the Business Combination- Period of January 1, 2018-March 27, 2018;

Subscription Receipt Offering means the brokered and non-brokered private placement of a minimum of 8,333,334 and up to 16,666,666 Lift Subscription Receipts at a price of $0.60 per Lift Subscription Receipt for aggregate gross proceeds of a minimum of $5,000,000 and up to $10,000,000, completed on [], 2018;

Subscription Receipt Offering means the private placement offering of 20,590,000 subscription receipts of 3Sixty (the “Subscription Receipts”), on a partially brokered and partially non-brokered basis, which completed on October 25, 2018, whereby each subscription receipt is exchangeable into common shares of the Resulting Issuer upon satisfaction of certain escrow release conditions.

Subscription Receipt Offering means the private placement offering of 20,590,000 3Sixty Subscription Receipts, pursuant to the terms of an agency agreement dated October 25, 2018 between 3Sixty, PVEC and Canaccord Genuity Corp, Cormark Securities Inc., Mackie Research Capital Corp. and PI Financial Corp.;

Subscription Receipt Offering means a private placement by the Company of up to 33,500,000 subscription receipts of the Company (not including an agents’ option to sell up to an additional 5,025,000 subscription receipts) to raise gross proceeds of up to $10,050,000;

Subscription Receipt Offering means the brokered and non-brokered offering of Subscription Receipts by Xtraction pursuant to the Subscription Receipt Agreement;

Subscription Receipt Offering means the private placement offering of 48,085,500 Ascent Subscription Receipts.