The Company is pleased to announce that it has retained WealthForge, LLC, an SEC-registered broker-dealer, to assist the Company in its upcoming Regulation D, Rule 506(c) generally solicited offering of its Series A Preferred Convertible Stock
305-7(b)(1) provides that a change in the conversion ratio of convertible stock
or convertible securities under a bona fide and reasonable adjustment formula will not be considered to result in a deemed distribution of stock if it has the effect of preventing dilution of the interest of the holders of the convertible stock
or securities (the antidilution exception).
Muscat: Al Omaniya Financial Services (AOFS), Oman's largest non-banking financial institution, said that the bonus shares of 10,104,389 (being stock dividend for the year 2012) have been listed on March 26, 2013 and 10,104,389 bonds being unsecured compulsorily convertible stock
dividend bonds with annual coupon rate of five per cent have been listed as of April 9, 2013.
The state has accused Merrill of misrepresenting its financial condition in documents that New Jersey relied on in agreeing in January 2008 to purchase USD300m worth of preferred convertible stock
In addition, GTC will return to Merrimack all the shares of Merrimack series C convertible stock
that GTC holds.
When Harbinger purchased 30,000 shares of Salton's Series A Voting Convertible Stock
in June, Salton's board of directors appointed David Maura, a consultant to Harbinger Capital Partners Master Fund, as a director.
09298 NTL shares, or a mix of NTL shares and convertible stock
known as a "redeemable unit" plus 67p in cash.
Buffett has agreed to invest as much as $300 million in convertible stock
of White Mountains, equivalent to about a 30% ownership stake.
Aside from all the activity in its investments, CMGI raised $50m itself from a private placement of 4% series A convertible stock
during the quarter.
Indeed, for NQPS purposes the view should be the opposite -- convertible stock
should not be NQPS unless there is something unusual about the conversion terms that make the likelihood of exercise (at the time of issuance of the stock) so remote or contingent that conversion is unlikely.
2 billion, or $22 a share, in cash and convertible stock
from New York-based WHX in November 1994.
There are 789,859 shares of Series A convertible stock
outstanding of which 98.