This comes after Raisio's board decided in its meeting held on 22 August 2019 to convert a total of 90,000 restricted shares
(series K) into free shares (series V).
The 9,360,000 ordinary shares of ATA issued as consideration to ArtsCL are restricted shares
and shall not be sold without prior written approval from ATA's Board of Directors.
also provided an update relating to its prior offer to purchase restricted shares
in a transaction value at USD 0.62 per share.
BANKING AND CREDIT NEWS-April 20, 2015-Bayside retires 700m restricted shares
back into its treasury
Exercisable options and restricted shares
are generally not included.
The existing shareholders of RAK Petroleum will be allotted restricted shares
and an associated number of founder shares in RAK Petroleum corresponding to 90 per cent of their shareholding in RAK Petroleum, with the remaining 10 per cent to be allotted in unrestricted shares.
(OTCBB: PWVI), a company that manufactures advanced renewable electric power generator systems comprised of pressure expansion motors, operating on any adequate heat or pressure source, has completed a private offering of 500,000 restricted shares
of its common stock to certain accredited European investors.
Lightyear's debt holders, comprised of the company's owners, released it from approximately USD26m in short and long-term liabilities in exchange 10m restricted shares
of Libra's common stock to be issued immediately and 9.5m restricted shares
of Libra's convertible preferred stock to be issued shortly after the closing.
83 to an employee's conversion or exchange of "fully vested" or "unrestricted" shares for restricted shares
has been unclear.
We also use the number of restricted shares
sold during the two years following the IPO as a general proxy for pre-IPO investors selling intentions, and find that post-IPO stock sales are strongly related to the listing decision and are higher for firms that choose Nasdaq.
It is only the employment-related stock options or restricted shares
that are subject to the Ruberg/Parry methodology.