Examples of TerrAscend Shares in a sentence
TerrAscend may disclose such information as necessary for TerrAscend to comply with applicable Law and the rules and regulations of any stock exchange upon which the TerrAscend Shares are traded.
The Subscriber shall have the right, but not the obligation, at any time after four months’ advanced written notice (the “Advanced Put Notice”), with such notice to be effective only on or after the five year anniversary of the Closing, to put all (and only all) of the Shares owned by the Subscriber to the Corporation at the Repurchase/Put Price, which shall be payable in either cash or TerrAscend Shares, as determined in the sole discretion of the Subscriber, subject to compliance with applicable law.
He mentioned that this year, CMSA’s Safety Officer updated the Agency’s survey data and recently met with him and the CSRMA Risk Control Advisor to review the survey results and recommendations.
Swartzman also owns 400,000 options to purchase TerrAscend Shares pursuant to the Stock Option Plan, 40,815 Common Share purchase warrants exercisable for one Common Share at a price of $3.25 until January 14, 2022, and 19,856 RSUs pursuant to the RSU Plan.
The Consideration is at a fixed exchange ratio per Company Subordinate Voting Share and, as a result, there is a possibility that TerrAscend Shares to be issued on the Effective Time will have a market value lower than at the time of the entering into of the Arrangement Agreement.
For purposes of this Section 6.1 and Section 6.2, “Repurchase/Put Price” means, on a per Share basis, the greater of: (i) the Subscription Price; and (ii) the fair market value of a Share, which shall be equal to the product obtained by multiplying 322,580.65 by the volume-weighted average price of the TerrAscend Shares on the Exchange during the 20 consecutive Trading Days ending on the day immediately preceding the Exercise Notice or Advanced Put Notice, as the case may be.