Forward Split definition

Forward Split has the meaning set forth in Section 5.10.
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Forward Split shall have the meaning set forth in Section 6.2(g).
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Forward Split. As soon as practicable after the Closing, FICF shall effectuate a 2-for-1 forward split of FICF Common Stock. The number of shares of FICF to be issued to CodeSmart Shareholders after taken into effect the Forward Split shall be as set forth on Schedule I hereto.”
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Examples of Forward Split in a sentence

  • Any adjustment made pursuant to this Subsection shall, in the case of a Stock Dividend, become effective as of the record date therefor and, in the case of a Forward Split or Reverse Split, be made as of the effective date thereof.

  • Immediately after completing the Forward Split, MBPI shall have a total of 25,725,000 shares of Common Stock issued and outstanding.

  • Durw▇▇▇ ▇▇▇ll have completed its Forward Split wherein each holder of Durw▇▇▇ ▇▇▇res shall have received 2.213 shares of the Durw▇▇▇ ▇▇▇res for each Durw▇▇▇ ▇▇▇res previously held.

  • Notwithstanding the foregoing, the Distribution in the form of a stock dividend (the "Forward Split") to be effected prior to, and in connection with, the Merger shall in no event cause an adjustment to the Conversion Price, nor shall any similar adjustment to the capital structure of the Company effected in connection with the Merger.

  • RNS shall also cause a 1:2.5 forward split (the “Forward Split”) of its Common Stock and obtain all necessary consents and approvals to effect the Forward Split.


More Definitions of Forward Split

Forward Split shall have the meaning set forth in Section 2.1(a).
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Forward Split means the 1.6 new for each old share split to be completed by the Company immediately after the Closing Date.
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Forward Split means the forward split of the Issuer’s common shares, completed on January 4, 2019, on the basis of one (1) old for four (4) new shares.
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Forward Split shall have the meaning ascribed to such term in the Recitals.
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Forward Split means a forward split of the SI Shares on a 2.5
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Forward Split shall have the meaning set forth in Section 8(a)(xiii).
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Forward Split means the forward split by the Company of its previously issued and outstanding Shares on the basis of three post-split Shares for every one outstanding Share.
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