The GBP2 million is the first tranche of a convertible securities
issue and will be used to support business development toward "trial projects and commercial contracts".
Immediately before the transaction described above, Factor and the Joint Actor held an aggregate of 8,847,735 common shares of the Company (the 'Pre-Closing Shares') and convertible securities
entitling Factor and the Joint Actor to acquire an additional 15,337,217 common shares of the Company (the 'PreClosing Convertible Securities
'), representing approximately 12.2% of the issued and outstanding common shares of the Company (or approximately 27.5% assuming exercise of such Pre-Closing Convertible Securities
A non-diversified, closed-end management investment company, IGR's investments will be concentrated in income-producing common equity securities, preferred securities, convertible securities
and non-convertible debt securities issued by companies deriving the majority of their revenue from the ownership, construction, financing, management and/or sale of commercial, industrial and/or residential real estate.
All options, warrants and convertible securities
of the company outstanding immediately prior to the reverse stock split will be appropriately adjusted by dividing the number of shares of common stock into which the options, warrants and convertible securities
are exercisable or convertible by 5 and multiplying the exercise or conversion price thereof by 5, as a result of the reverse stock split.
14 January 2019 - Illinois, US-based First Trust SSI Strategic convertible Securities
ETF (NASDAQ: FCVT) has been informed that Texas, US-based asset management platform Resolute Investment Managers, Inc.
BANKING AND CREDIT NEWS-January 10, 2019-Vanguard closes Convertible Securities
Fund pending planned liquidation
CSQ, CHW and CGO primarily invest in equities, convertible securities
, and corporate bonds.
Biotechnology company Novogen Limited (ASX:NRT) (NASDAQ:NVGN) said on Wednesday that its shareholders have approved the issue of 60,000,000 convertible securities
The draft rules encompass the conditions for issue of shares by way of IPOs, right and bonus issues by listed companies, issue of shares at premium and discount, divestment of shares by the substantial shareholders; issuance of debt securities and convertible securities
. The purpose is to facilitate and properly regulate issuance of shares, debt securities and convertible securities
CEISS will also have to pay back the convertible securities
received as state aid one year earlier than planned and to lighten the load a little, it has been agreed that its "real estate development" activity will be transferred to an asset management company.
Sydney, Australia, Dec 16, 2013 - (ABN Newswire) - Sovereign Gold Company Limited (Sovereign Gold) (ASX:SOC) has entered into a Convertible Securities
Agreement (Agreement) with Bergen Global Opportunity Fund II, LLC (Bergen), a US-based institutional investor managed by Bergen Asset Management, LLC to provide funding of up to $4 million over the next two years.