15 on 9 February 2017 without any warrant coverage
, even though the shares are restricted and thus cannot be sold for at least six months.
For investors who purchase USD 50,000 or more of debentures, TIMIA will provide warrant coverage
on the common shares of the company at the rate of 4000 Warrants per USD 10,000 of Debenture.
Investors were also issued two warrants exercisable for an aggregate of 4,532,114 shares of common stock (or 50% warrant coverage
, or 25% coverage for each warrant) as follows: one warrant carries an exercise price per share USD 0.
01 exercise price (representing 45% warrant coverage
on the shares purchased), for USD 3.
The company is also offering 35 percent warrant coverage
in the offering with an initial exercise price of USD6.
GuestLogix or the Company ), is pleased to announce that it has closed a loan and warrant financing (the Financing ) in the amount of $7 million with an additional 3,500,000 common share purchase warrant coverage
(the Warrants ).
The World Cup is heading for Brazil in 2014 and the growing strength of the game in this part of the world could warrant coverage
Finally, it's that time of year when we take a step back and look around for new or emerging technologies that may warrant coverage
m upcoming issues of Scientific Computing.
For example, in late September 2008 Warren Buffett received 100 percent warrant coverage
when he purchased Goldman Sachs' preferred stock.
For these additional reasons, commercial real estate financing does not warrant coverage
under the bill.
The company's securities counsel, Sichenzia Ross Friedman Ference LLP, has advised the company in connection with the Offering, which consists of units comprised of ten shares of common stock, at a per share price that represents a 10% discount to the average of the closing prices for the company's common stock for the five trading days preceding each subscription date, as quoted on the OTCBB, together with 30% warrant coverage
with an exercise price that is 120% of the per share price for the common stock comprising the unit.
To warrant coverage
, a defect or a dangerous condition in the named insured's product must actually cause the damage.