subscription warrant

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Subscription warrant

Applies to derivative products. Type of security, usually issued with another security, such as a bond or stock, that entitles the holder to buy a proportionate amount of common stock at a specified price, usually higher than the market price at the time of issuance. Warrant.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Subscription Warrant

In derivatives, a security, usually attached to another security, that gives the right to buy a certain amount in common stock in the company issuing the subscription warrant at or below the market price. Subscription warrants are usually issued with a bond to encourage investors to purchase the debt. They operate much like call options, but are issued by corporations, instead of individual investors; they are particularly susceptible to volatility. See also: Subscription right.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

subscription warrant

See warrant.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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Number of Shares Number of Shares Tendered Converted Purchased Converted into Number of Shares into Number of Shares Shares 118,064,117 shares 118,064,117 shares Share Subscription Warrants - shares - shares Bonds with Share Subscription Warrants 4,639,750 shares 4,639,750 shares Depositary Receipts of Shares, etc.
Owned by the Tender Offeror after the Tender Offer," the tendered PENTAX Bonds with Share Subscription Warrants are converted into shares at the conversion price effective as of August 6, 2007 pursuant to the terms and conditions of issuance thereof to calculate the number of voting rights.
"Number of Voting Rights" in the table entitled "Sum of Common Stock and PENTAX Bonds with Share Subscription Warrants" refers to the number of voting rights as converted into shares with respect to PENTAX Bonds with Share Subscription Warrants.
concerning the PENTAX Share Subscription Warrants which were issued in accordance with a resolution of the Target's board of directors' meeting held on May 23, 2005 and a resolution of the Target's annual general meeting of shareholders held on June 24, 2005, such Tender Offeror's acquisition or holding of its shares, etc., is not likely to be inconsistent with the maximization of the Target's corporate value.
Although 200,000,000 units of PENTAX Share Subscription Warrants are subject to the Tender Offer, the transfer of PENTAX Share Subscription Warrants is restricted and the Target agreed with the Tender Offeror that no PENTAX share purchase warrants would be tendered in the Tender Offer.
As part of the company's warrants offering, all stockholders and certain warrant holders received one subscription warrant to purchase one share of its common stock at a price of USD1.10 per share for every four common shares held.
(b) Pentax bonds with share subscription warrants: 1,433,056 Yen for each bond (face value of each bond: 1,000,000 Yen)
the purchase price of each of the Pentax bonds with share subscription warrants = (the issue price of each bond (1,005,000 Yen) / the convertible price (540 Yen))* the purchase price of common stock (in the event that the result is not a whole number, the purchase price will be rounded to the nearest Yen).
(i) PENTAX shall not take any action through its rights plan without HOYA's prior written consent, (ii) PENTAX's board of directors will resolve to cancel, subject to the completion of the Tender Offer, the share subscription warrants issued based on a resolution adopted at the shareholders' meeting of PENTAX held on June 24, 2005 relating to PENTAX's trust-type rights plan (the "1st Series Share Subscription Warrants") and (iii) PENTAX's board of directors will resolve that HOYA's acquisition or possession of PENTAX's shares, etc.
- 1st Series Share Subscription Warrants: 1 Yen per warrant.