UQ Shares definition
Examples of UQ Shares in a sentence
UQ has outstanding: (i) the UQ Options entitling their holders to purchase an aggregate of 900,000 pre-Consolidation UQ Shares at an exercise price of $0.15 per share, expiring on April 3, 2017, and (ii) the UQ Warrants entitling their holders to purchase an aggregate of 6,500,000 pre-Consolidation UQ Shares at an exercise price of $0.15 per UQ Share until March 30, 2017.
Other than the UQ Options and the UQ Warrants, there are no outstanding securities of UQ that are convertible, exchangeable or redeemable into UQ Shares.
There are no shareholders’ agreements, pooling agreements, voting trusts or other similar agreements with respect to the ownership or voting of any of the UQ Shares to which UQ is a party or otherwise to the knowledge of UQ.
The issued capital of UQ consists of 14,454,148 pre-Consolidation UQ Shares without par value, all of which have been duly issued and are outstanding as fully paid and non-assessable shares.
UQ has no reserved securities or other securities outstanding other than the UQ Shares, the UQ Options, and the UQ Warrants.
None of the foregoing representations, warranties and statements of fact and none of the UQ Disclosure Documents (and nor will the Filing Statement upon completion) contain any untrue statement of a material fact or omit to state any material fact necessary to make such statement or representation not misleading to a prospective purchaser of UQ Shares who is seeking full information concerning UQ and its properties, business and affairs.
The authorized capital of UQ consists of an unlimited number of UQ Shares.
The value of any UQ Shares that are transferred pursuant to this section shall be determined based on the 20 day VWAP of the UQ Shares at the time of the claim.