Convertible Debenture

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Convertible Debenture

An unsecured, convertible bond. That is, a convertible debenture is a bond with no collateral that may, at the bondholder's discretion, be exchanged for common stock in the company issuing the bond. See also: Compulsory convertible debenture.
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The Company has now issued a $1,250,000 principal amount secured convertible debenture, convertible into shares of common stock of the Company, par value $0.
On November 21, 2005, the Company entered into a securities purchase agreement with an institutional investor for an aggregate purchase price of $2,500,000, of which the Company has issued (i) a $1,250,000 secured convertible debenture, convertible into shares of our common stock, par value $0.
This private placement consists of a convertible debenture, convertible into units.
In consideration for the acquisition of all businesses related to CLI, including the Commercial Business Bureau, C-Chip paid a portion in cash and issued a convertible debenture, convertible into 1,700,000 shares of our common stock at price of $0.
This private placement will consist of a convertible debenture, convertible into units.
Imaging Technologies Corporation (OTC Bulletin Board: ITEC), a pioneer in the development of digital imaging solutions, today announced finalization of a $850,000 debenture, convertible into common stock at the option of the debenture holders, which will assist the Company's short-term working capital requirements.
Attunity has granted the Group, subject to shareholder approval, a 30-day option to invest an additional $2 million in the Company in the form of a five-year convertible debenture, convertible at $1.
Nasdaq: INTO) announced today that it has issued $3,000,000 principal amount of a five year 8% convertible subordinated debenture, convertible at $3.
Under the Letter of Intent, TOM Capital, and other investors, will purchase a minimum of $400,000, and a maximum of $700,000 of Units consisting of a 10%, 2-year, secured convertible debenture, convertible into common shares of the Company at $0.
10-year, $11 million, 10% convertible debenture, convertible at 61 cents
C3D") (Nasdaq/NMS: CDDD) - developer of Fluorescent Multilayer Disc (FMD) and Card (FMC) technologies, today announced that the Company has received additional financing through the issuance of a $1 million 5% debenture, convertible at a fixed price per share of $0.
Johnson, chief executive officer of UNIQUEST, has invested in a debenture, convertible into UNIQUEST common stock only.